Europe EdTech and Smart Classroom Market

Market Introduction

Online learning has become an integral part of best learning and teaching practices around Europe.  EdTech and smart classroom solutions helps to enhance the quality of teaching and learning. The EdTech includes domains such as online learning, educational teaching and learning theories, and computer-based and smartphone-based learning. The Europe market for EdTech and smart classroom has been segmented into five major countries— Germany, France, Italy, UK and Russia. In 2019, Europe EdTech and smart classroom market accounted for 27.3% revenue share. The region is characterized by developed countries such as the Germany and France, strong industry base, and high technology adoption. The growing adoption of technologies in the education sector is driving the trend of e-learning. The adoption of various online programs and courses by schools, colleges, and universities fuels the growth of top EdTech and smart classroom companies in the region. Countries such as the the UK, France Russia are considered as early adopters of EdTech and smart classrooms. The US is the prominent country in the Europe EdTech and smart classroom market due to wider awareness and interest regarding the adoption of modern technologies among higher education institutions in the country. Further, in Europe, most institutions are well aware of the benefits of EdTech and smart classroom solutions, and the region is witnessing a huge demand for premium-quality online courses.

Furthermore, The presence of developed countries such as Germany, the UK, France, Italy, Norway, and Sweden, with huge education spending and high investments in EdTech startups, makes Europe one of the key markets for EdTech and smart classroom product providers. Also, the noticeable adoption of advanced technologies in various industries makes this region an ideal market for EdTech and smart classrooms. At present, Russia, the UK, Spain, Italy, Germany, Turkey, and France are a few of the major European countries affected by the COVID-19 outbreak. Governments of these countries have imposed lockdowns/movement restrictions and closed down the educational institutions to contain the outbreak. Despite the negative impact of COVID 19 outbreak on economies of these countries, the demand for EdTech and smart classroom solutions has seen an upward trend owing to increasing demand for e-learning, virtual classrooms, and other digital technology solutions for uninterrupted delivery of education to students across Europe. The sudden adjustments in education systems and processes in the wake of ongoing pandemic is pushing stakeholders to invest in modern technologies and adapt to the evolving technology landscape in the education sector.

Europe EdTech and Smart Classroom Strategic Insights

Strategic insights for the Europe EdTech and Smart Classroom provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

Europe EdTech and Smart Classroom Report Scope

Europe EdTech and Smart Classroom Regional Insights

The geographic scope of the Europe EdTech and Smart Classroom refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The EdTech and smart classroom market in Europe is expected to grow from US$ 20,571.2 million in 2019 to US$ 61,250.6 million by 2027; it is estimated to grow at a CAGR of 14.6% from 2020 to 2027. The Europe EdTech and smart classroom market is witnessing an impressive growth and market players operating at different levels and product categories are focusing on constantly improving their offerings by adding advanced features and integrating various technologies in their solutions. The adoption of devices such as smartphones, interactive displays, notebooks, and tablets in classrooms and students to offer an immersive and engaging teaching and learning experience is increasing at an unprecedented rate across the Europe. In addition to this, the huge growth potential of EdTech industry and high competitive nature owing to constantly increasing number of EdTech startups are some of the factors that are driving market players to differentiate their offering by integrating advanced technologies such as augmented reality (AR), virtual reality (VR), artificial intelligence (AI), robotics, and blockchain among others. Among these technologies, AR and VR are anticipated to be the largest revenue contributors in education sector owing to large number of startups budding in this field coupled with high venture capital funding received by such startups in past few years.

Key Market Segments

In terms of component, the hardware segment accounted for the largest share of the Europe EdTech and smart classroom market in 2019. Based on deployment type, cloud held the largest market share in 2019. In terms of end-user, upto k-12 segment held a larger market share of the Europe EdTech and smart classroom market in 2019.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the EdTech and smart classroom market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Apple Inc.; Blackboard Inc.; Cisco Systems, Inc.; D2L Corporation; IBM Corporation; Microsoft Corporation; Oracle Corporation; SAP SE; SMART Technologies.

Reasons to buy report

• To understand the Europe EdTech and smart classroom market landscape and identify market segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive landscape for Europe EdTech and smart classroom market
• Efficiently plan M&A and partnership deals in Europe EdTech and smart classroom market by identifying market segments with the most promising probable sales
• Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form Europe EdTech and smart classroom market
• Obtain market revenue forecast for market by various segments from 2020-2027 in Europe region.

Europe EdTech and Smart Classroom Market Segmentation

By Component

• Hardware
• Software

By Deployment Type

• On-Premises
• Cloud
• Hybrid

By

End-User

• Upto K-12
• Higher Education

By Country

• France
• Germany
• Italy
• Russia
• UK
• Rest of Europe

Company Profiles

• Apple Inc.
• Blackboard Inc.
• Cisco Systems, Inc.
• D2L Corporation
• IBM Corporation
• Microsoft Corporation
• Oracle Corporation
• SAP SE
• SMART Technologies