The study report presents a detailed outlook of how technology-driven education will fare in North America in the future. The report is prepared following a thorough understanding of your education program and how digitization can take education to greater heights in this area.
In line with the report, the North America education technology market will rise at a CAGR of 9.07% between 2016 and 2020.
The investigation report presents the development rate and market size estimates for the North America education technology marketplace for the forecast period. The industry size is estimated based around the aggregated revenue generated by sales of hardware and software program and services. Around the competitive front, the report mentions and profiles leading vendors that operate in this sector.
The marketplace study analyzes the vital elements in regards to the North America education technology market place till the end of 2020. The report says that the must create creative and revolutionary delivery models for studying is primarily driving this market. Educationists and academicians are stressing upon the need to have for holistic learning instead of classroom-based rote understanding. On the other hand, the reluctance to accept option mediums of studying in location of regular implies poses a challenge for the development of this industry. Nevertheless, the consistently growing adoption of mobile devices and tablets will benefit the growth of this market place in the future, says the report.
Presently, digitization types the basis of details sharing for any business to reach a worldwide audience. In the education arena, a technology-driven program uses sources, info, and skilled improvement opportunities to modify teaching methodologies. Moreover, it provides teachers the possibility to enhance the studying experience for students by employing multimedia technologies and disseminate expertise using the aid of an array of tools including digital text, interactive presentations, graphics, and audio visual content.
Across the world, the inclusion of technology for education is governed by economic factors also. Resulting from the increased competition in the labor market, combined together with the widening abilities gap among folks, the concentrate is on raising education standards for productivity and functionality delivery. To address this, the education business is stressing upon adopting the digital medium to impart helpful skills-based education. This has benefitted in enhancing education top quality and in making the learning environment extra effective. Consequently, the demand for electronic devices for example projectors, desktops, and sound systems is around the rise.
Some of the best vendors that operate in the North America Education Technology Industry are Apple, Microsoft, 2U, Blackboard, and Knewton. Some other vendors that have a presence in this marketplace are Aptara, Discovery Communication, Ellucian, IBM, Articulate, Echo360, JenzabarArticle Search, and Promethean World.