Analysis of the Global Academic Devices Market, Forecast to 2022
Academic devices are a central part of the Internet of Things (IoT) in the education ecosystem; they create a personalized learning experience for students and give them access to digital learning solutions to meet their learning needs. The global academic devices market crossed $12.93 billion in revenue in 2016 and is expected to grow to $38.54 billion at a Compound Annual Growth Rate (CAGR) of 19.9% (2016-2022). This market is characterized by an increase in student expectations for a seamless educational experience across devices and platforms, a proliferation of devices including low-cost devices in classrooms, and a Bring Your Own Device (BYOD) trend, which is driving growth in the global academic devices market.
This market insight provides:
• A detailed global market trend analyses—inclusive of market drivers, market restraints, technology trends, regional analysis, and competitive analysis
• Detailed unit shipment and revenue forecasts for the total academic devices market
The global market has been segmented into North America and Latin America (NALA), Asia-Pacific, and Europe, the Middle East, and Africa (EMEA). A competitive landscape, in terms of major participants and market share analysis, has also been provided. The base year of the study is 2016, with forecasts running up to 2022.
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