Market revenue in 2020 | USD 68,294.1 million |
Market revenue in 2027 | USD 207,027.6 million |
Growth rate | 17.2% (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 72.63% in 2020. Horizon Databook has segmented the Europe smart education and learning based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2027.
Technological development in the areas of learning and various learning initiatives such as collaborative learning, adaptive learning, social learning, and blended learning has enhanced the organization’s decision process.
Factors such as the rising awareness of the smart education, people becoming increasingly tech savvy, and increasing preference among users for convenience are expected to propel the market growth. Companies are actively building solutions and systems in the areas of smart education in order to meet the demand of the users such as self paced learning and custom learning content.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart education and learning, including forecasts for subscribers. This continent databook contains high-level insights into Europe smart education and learning from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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