North America Smart Education And Learning Market Size & Outlook

The smart education and learning in North America is expected to reach a projected revenue of US$ 220,608.9 million by 2027. A compound annual growth rate of 15% is expected of North America smart education and learning from 2021 to 2027.

Revenue, 2020 (US$M)
$82,738.1
Forecast, 2027 (US$M)
$220,608.9
CAGR, 2021 - 2027
15%
Report Coverage
North America

North America smart education and learning highlights

  • The North America smart education and learning generated a revenue of USD 82,738.1 million in 2020.
  • The market is expected to grow at a CAGR of 15% from 2021 to 2027.
  • In terms of segment, service was the largest revenue generating component in 2020.
  • Service is the most lucrative component segment registering the fastest growth during the forecast period.
  • Country-wise, Mexico is expected to register the highest CAGR from 2021 to 2027.


North America data book summary

Market revenue in 2020USD 82,738.1 million
Market revenue in 2027USD 220,608.9 million
Growth rate15% (CAGR from 2020 to 2027)
Largest segmentService
Fastest growing segmentService
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2027
Quantitative unitsRevenue in USD million
Market segmentationHardware, Software, Service
Key market players worldwideAdobe 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


Other key industry trends

  • In terms of revenue, North America region accounted for 38.4% of the global smart education and learning in 2020.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2027.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 187,149.9 million by 2027.

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Smart Education And Learning Scope

Smart education and learning segmentation & scope
Interactive Display
Student Response System
Software
Service
Social Learning
Blended Learning
Virtual Instructor LED Training
Collaborative Learning
Simulation-Based
Adaptive Learning
Corporate
Academic
Age
5 to 10 Years
11 to 18 Years
19 to 29 Years
30 to 45 Years
Above 45 Years

Smart Education And Learning Companies

Name Profile # Employees HQ Website

North America smart education and learning outlook

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 73.58% in 2020. Horizon Databook has segmented the North America smart education and learning based on hardware, software, service covering the revenue growth of each sub-segment from 2016 to 2027.


The major drivers Market Revenue for the growth of this market are the growing need for improvement in education quality and reduction in the cost associated with the employee training. Growing penetration of the Internet of Things (IoT) has increased the usage of e-learning. 

Many corporations in the U.S. are pushing hard to have better learning programs and a quicker delivery cycle in order to ensure better productivity and powerful dynamic.

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Target buyers of North America smart education and learning databook

  • Our clientele includes a mix of smart education and learning companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the North America smart education and learning, including forecasts for subscribers. This continent databook contains high-level insights into North America smart education and learning from 2016 to 2027, including revenue numbers, major trends, and company profiles.

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North America smart education learning market size, by country, 2016-2027 (US$M)

North America Smart Education And Learning Share, 2020 & 2027 (US$M)

North America smart education learning market size, by country, 2016-2027 (US$M)

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