About the Global Education Hardware Market
Over the years, there has been a significant increase in the adoption of technology in the education sector globally. With an increase in investment by educational institutions to build IT infrastructure, there has been a noteworthy influence on the way education is imparted. As a result, the traditional classroom structure is gradually being replaced by other modes of education such as blended learning and collaborative learning. Computing devices such as laptops are used for both academic as well as non-academic purposes. These solutions are incorporated in education systems to provide students with state-of-the-art education environment. Vendors are entering the market with the help of expertise in the fields of online content creation, delivery services, and software providers. Their ultimate goal is to deploy online learning into the classrooms. Vendors are continuously focusing on product innovations to reduce prices and enable mass adoption in education sector. In line with this, the education hardware employability is increasing.
Technavio’s analysts forecast the Global Education Hardware Market to grow at a CAGR of 14.69% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the Global Education Hardware Market for 2016-2020. When calculating revenue generated in the market, the following broad categories of products were considered:
Technavio Announces the Publication of its Research Report – Global Education Hardware Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Education Hardware Market: Dell, HP, Promethean, Samsung, and Seiko Epson.
Other Prominent Vendors in the market are: AsusTek, Autodesk, Aver Information, BenQ, Califone International, C3 IT Xperts, Compaq, Elmo, EnvisionTEC, EOS, Fitbit, Garmin, Genee World, Graphene 3D lab, HCL Technologies, Hoganas, IPEVO, Jawbone, Ken-A-Vision, Microsoft, Mimio, Motorola Mobility, Optmoma, Organovo Holdings, Pathway Innovations and Technologies, Pebble, Ponoko, Positivo Informatica, QOMO HiteVision, Sharp, Sony, Smart Technologies, Speechi, TeamBoard, Toshiba, Turning Technologies, ViewSonic, Voxeljet, and Wolfvision.
Commenting on the report, an analyst from Technavio’s team said: “A key trend which is boosting market growth is the inclusion of software services. Software developers and providers have designed and developed numerous software for the education industry. Education-based software not only aims at enhancing the learning experience for students but also helps in the overall management of students and school activities. Multiple ed-tech providers have flourished globally, offering advanced tools to educational institutions. For instance, vendors such as SunGard, Blackboard, Eduware, and Smart Technologies are some of the prominent players that offer classroom collaboration, school enterprise resource planning, student information system, and content authoring tools.”
According to the report, a key growth driver is the availability of collaborative classrooms. To prepare students with job-related skills while competing against other students, institutions have started relying on interactive and individualized learning experiences driven by new technologies. Many educational institutions have realized the benefits of digital learning and connectivity by adopting digital textbooks that help students visualize and interact with complex concepts. There are also apps and platforms that adapt to the level of individual student knowledge. Similarly, when it comes to collaboration among students and teacher-student communications, wearable and mobile technologies are powerful tools.
Further, the report states that one challenge that would restrict market growth is affordability. Despite offering many benefits, there is little investment by educational institutions as they have to work with limited budgets. "
Dell, HP, Promethean, Samsung, Seiko Epson, AsusTek, Autodesk, Aver Information, BenQ, Califone International, C3 IT Xperts, Compaq, Elmo, EnvisionTEC, EOS, Fitbit, Garmin, Genee World, Graphene 3D lab, HCL Technologies, Hoganas, IPEVO, Jawbone, Ken-A-Vision, Microsoft, Mimio, Motorola Mobility, Optmoma, Organovo Holdings, Pathway Innovations and Technologies, Pebble, Ponoko, Positivo Informatica, QOMO HiteVision, Sharp, Sony, Smart Technologies, Speechi, TeamBoard, Toshiba, Turning Technologies, ViewSonic, Voxeljet, Wolfvision.