Impact of Drivers and Challenges

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The analysts forecast the Global Smart Classroom market to grow at a CAGR of 31.25 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increased market for interactive display instruments. The Global Smart Classroom market has also been witnessing the growing importance of 3D education. However, the high implementation cost could pose a challenge to the growth of this market.

Key vendors dominating this space are Apple Inc., IBM Corp., Microsoft Corp., and SMART Technologies Inc.

Other vendors mentioned in the report are AT&T Technologies Inc., Blackboard Inc., Cisco Systems Inc., Dell Inc., Discovery Communication Inc., Dreambox Learning Inc., Echo360, Fujitsu Corp., Jenzabar Inc., Lenovo Group Ltd., Promethean World plc, and Saba Software Inc.

Commenting on the report, an analyst from the team said: The growing importance of 3D educational tools is a trend being witnessed in the market. 3D learning places students in a virtual environment which provides information in an effective manner. In addition, advancements in animation technology provide better 3D learning solutions to K-12 classrooms. 3D learning technology helps in understanding concepts through visuals. Moreover, it will have an impact on the overall performance of the students as it increases student motivation, attention span, and engagement. In addition, it shows behavioral and communication changes among students leading to improved interaction in the classroom.

According to the report, one of the major drivers in the market is an increasing scope for interactive display instruments. Interactive display instruments help in attracting students towards the class in progress thus improving the overall performance of the students. Since institutions are concerned about providing the best service to students in order to also improve the performance of the institutions, these products are in high demand. Therefore, vendors are also trying to customize the software and hardware to provide better outcomes.

Business Wire
Image: BBC News UK

 

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About the Author

Ivan Castilho is a citizen of the world; CEO at Mindfield Digital and Executive Director at AppleMagazine, and Techlife News. Ivan's been an avid Apple user and consumer since 2008, with a major in Marketing and extensive experience in strategic management and consulting for tech companies. Hobbies include photography, design, and music.