Educational Equipment and Software: Global Markets
The global market for educational hardware and software increased from $50.5 billion in 2016. This market is estimated to reach nearly $110.9 billion in 2022 from $57.7 billion in 2017 at a compound annual growth rate (CAGR) of 14.0% for 2017-2022.
(EMAILWIRE.COM, March 21, 2018 ) Educational Equipment and Software: Global Markets
Hardware segment of this market is expected to grow from $23.7 billion in 2017 to nearly $48.6 billion in 2022 at a CAGR of 15.4% from 2017 through 2022.
Software segment of this market is expected to grow from nearly $16.5 billion in 2017 to $35.8 billion in 2022 at a CAGR of 16.8% from 2017 through 2022.
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With the advent of the internet, there have been drastic changes in the education sector. Smart education has acquired significance in the recent times and has made possible many things that were impossible years ago, particularly regarding aspects of education involving the personal convenience of teachers and especially students.
Visual learning using smart technologies serves the audience well through incorporating elements such as graphs, images, charts, and presentations that are not easily conveyed by classroom notes or text. Visualization allows students to use their imaginations, which develops their interest and motivates them to learn more.
Smart learning uses smart boards that are capable of doing many things. This technology requires the creation of transparent worksheets that are simply placed under a camera for viewing on a smart board. Computer monitors can also be displayed on smart boards.
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Coupling education with technology is a sure road to success. In 2016, North America had the highest share of the educational equipment market at about 40.8%.
During the forecast period, the market for educational equipment is expected to grow by 14%, primarily driven by educational hardware, which accounts for over 40% of the market, followed by software and content, which, account for approximately 29% and 30% of the market, respectively.
This report includes a market analysis and forecasts related to the market for educational hardware and software. Along with providing an overview of the market, the report also highlights features of the market and their growth potential over the five-year forecast period.
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Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more Expert concerns.
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Hardware segment of this market is expected to grow from $23.7 billion in 2017 to nearly $48.6 billion in 2022 at a CAGR of 15.4% from 2017 through 2022.
Software segment of this market is expected to grow from nearly $16.5 billion in 2017 to $35.8 billion in 2022 at a CAGR of 16.8% from 2017 through 2022.
Get Sample copy at http://www.kminsights.com/request-sample-174333
With the advent of the internet, there have been drastic changes in the education sector. Smart education has acquired significance in the recent times and has made possible many things that were impossible years ago, particularly regarding aspects of education involving the personal convenience of teachers and especially students.
Visual learning using smart technologies serves the audience well through incorporating elements such as graphs, images, charts, and presentations that are not easily conveyed by classroom notes or text. Visualization allows students to use their imaginations, which develops their interest and motivates them to learn more.
Smart learning uses smart boards that are capable of doing many things. This technology requires the creation of transparent worksheets that are simply placed under a camera for viewing on a smart board. Computer monitors can also be displayed on smart boards.
Access More Details at http://www.kminsights.com/reports/educational-equipment-and-software–global-markets-174333
Coupling education with technology is a sure road to success. In 2016, North America had the highest share of the educational equipment market at about 40.8%.
During the forecast period, the market for educational equipment is expected to grow by 14%, primarily driven by educational hardware, which accounts for over 40% of the market, followed by software and content, which, account for approximately 29% and 30% of the market, respectively.
This report includes a market analysis and forecasts related to the market for educational hardware and software. Along with providing an overview of the market, the report also highlights features of the market and their growth potential over the five-year forecast period.
Ask for PDF Sample with Full TOC at http://www.kminsights.com/request-sample-174333
About Us:
Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and littler, more Expert concerns.
Contact Us:
sales@kminsights.com
+1 (888) 278-7681
Contact Information:
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
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Key Market Insights
sambit kumar
Tel: 8007533694
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results