Market revenue in 2020 | USD 46,789.3 million |
Market revenue in 2027 | USD 187,149.9 million |
Growth rate | 21.9% (CAGR from 2020 to 2027) |
Largest segment | Service |
Fastest growing segment | Service |
Historical data covered | 2016 - 2019 |
Base year for estimation | 2020 |
Forecast period covered | 2021 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Hardware, Software, Service |
Key market players worldwide | Adobe Inc, Cisco Systems Inc, D2L Inc (Sub Voting), McGraw-Hill Education, Pearson PLC, Samsung Electronics Co Ltd, Blackboard, Ellucian, Foxconn Technology Co Ltd, SumTotal Systems, Educomp Solutions, MPS |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart education and learning will help companies and investors design strategic landscapes.
Service was the largest segment with a revenue share of 73.34% in 2020. Horizon Databook has segmented the Asia Pacific smart education and learning based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2027.
The market is anticipated to have a substantial growth as the features and reliability of the products and services enabling smart education are improving significantly. The smart education market is expected to grow in the region due to the growing economies.
The government-driven initiatives in Asia, such as government-funded projects for literacy development in rural areas, are anticipated to boost the smart education market in the region.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific smart education and learning, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific smart education and learning from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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