Smart Classrooms Market Size

Smart Classrooms Market size was over USD 80.13 billion in 2023 and is poised to exceed USD 197.85 billion by 2036, growing at over 7.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of smart classrooms is evaluated at USD 84.75 billion.

The global smart classrooms market is thriving on the back of growing competition among educational institutions to provide quality education. Education in today’s era plays an important role. Growing challenges observed amongst faculties for making their students understand what the learning module exactly means, coupled with analysis of the students by the teachers for efficient learning and better teacher student relationship, smart classrooms have proven to be an effective solution by creating optimized classroom productivity and activity monitoring for uninterrupted learning. Moreover, rising deployment of smart classrooms on the back of growing number of educational institutions around the globe is also anticipated to contribute towards the growth of the global smart classrooms market. According to National Center for Education Statistics, U.S. Department of Education, degree-granting institutions grew in the U.S. from 3231 number of educational institutions in the year 1980-81 to 4583 number of educational institutions in the year 2015-16.