Smart Classrooms Market Trends

Growth Drivers

• Growing Trend of Digitization in the Education Industry: Education in the recent era is not just limited to books. The process of teaching has gradually changed over the years and with the fast-developing changes occurring around the world, challenges are observed across each forwarding step amongst teachers and parents during the journey of education life in students.  Smart classrooms are equipped with IoT devices that provide real-time automated feedback on the quality of lecture provided to the class by a teacher and the level of satisfaction attained by the student. Such a factor also helps increasing the efficiency of the teacher and the student and also helps to increase their productivity. Moreover, the ease of utilization of mobile learning applications, along with the rising number of e-learning content developed that is helping to contribute towards increased quality of education and open learning economy are some of the factors anticipated to contribute towards the growth of the global smart classrooms market. According to other statistics of the 2017 survey on teacher’s classroom habits surveyed at 1001 U.S. full-time K-12 teachers by University of Phoenix, around 71% of teachers allowed students to research subjects using the internet, followed by 64% of the teachers using games and simulations to aid learning.
• Rising Internet Penetration Around The World: According to the International Telecommunication Union (ITU), global internet penetration rate increased from nearly 17% in the year 2005 to over 53% in the year 2019.
  
  Smart classrooms require using the internet as the applications can be accessed from anywhere in the world. With increasing internet penetration rate around the world, access to quality learning contents are also growing. Nations around the globe are implementing e-learning and digital education methodologies so as to increase the literacy rate amongst the people. According to the statistics by the UNICEF, youth literacy rate (population aged 15-24) around the globe increased from 81% in the year 1985 to 92% in the year 2018. The rising internet penetration coupled with the growing literacy rates and rising need for education technology, all these factors are anticipated to drive the growth of the global smart classrooms market in the upcoming years.

Challenges

• Lack of Alertness in the Educational Sector: The market of global smart classrooms is still at a nascent stage as only big institutions are receptive towards the adoption of the technological changes. However, many educational institutes still lack knowledge about the benefits of smart classrooms which is anticipated to act as a barrier to the growth of the global smart classrooms market.