Global Smart Education Software to Grow at 17% CAGR through 2020, Forecasts Infiniti Research in Its New Report Available at MarketPublishers.com27 Sep 2016 • by Natalie Aster
LONDON – At present, there is growing adoption of blended e-learning in the global smart education software market, and this is one of major factors encouraging growth of this marketplace. Another important driving force is the increasing usage of analytical applications.
There are a large number of companies present in this marketplace. However, international companies continuously increase their presence in different corners of the world, making competition for local players increasingly fierce.
As a result, international players acquire local ones. The global market is reined by the content segment, with its share approximating to 50%.
North America is a renowned leader in terms of geography, and its share is around 50% in the global marketplace.
The world’s market is forecast to grow at a double digit CAGR of 16.7% through 2020. The rate could be a little bit higher, but there are some challenges the marketplace has to cope with. And limited data availability and security is one of such challenges.
Key vendors in the global space are Knewton, Blackboards, Instructure, and more.
New research report “Global Smart Education Software Market 2016-2020” drawn up by Infiniti Research offers a comprehensive guide to the global market for smart education. The study provides an all-round overview of the global space. It explores driving factors and their impact and casts light on challenges the marketplace has.
The report delves deep into the most important trends and contains a five forces analysis. The research study pays special attention to performance of the marketplace on the basis of products, learning, content and assessment.
The vendor landscape is explored in the research report, too. The research study examines key vendors and gives projection of development trends in the world’s space through 2020.
More new reports by Infiniti Research are available at its page.