The GMI Research projects massive opportunities in the Smart Learning Market over the forecast period. This is because this type of learning emphasises on providing complete learning to the students by the application of latest technology.
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Smart Learning Market Dynamics
The augmenting demand for digital education among the employers, consumers, and students and the increasing acquisition of smart learning by the government of several nations will fuel the growth of the global smart learning market. Also, the ongoing technological modernisations in smart learning, increasing implementation of advanced technologies, such as machine learning and artificial intelligence, as well as, intensified research and development activities will strengthen the market size. The emergence of smart cities has raised the adoption of smart solutions for education and implements various learning methods via the application of ICT technology and the accelerating number of connected devices in the educational industry will further pave the market growth. Further, various advantages offered by E-leaning solution are consistency, scalability, customization, convenience, flexibility in making resources, assistance in saving time and money and making the resources accessible for everyone everywhere. The development of smart cities has raised the adoption of smart solutions for educational purposes and implementing learning methodologies by using ICT technology has strengthened the market growth. However, the insufficient consciousness towards sophisticated technologies and excessive cost towards the production of content for E-learning will restrain the smart learning market size.
In accordance with the Smart Cities Mission declaration and norms stated by the Ministry of Housing and Urban Affairs asserts that the establishment of prime infrastructure components including smart solutions for education across various government schools developed in intelligent cities. The main motive is to provide state of the art education to the students by applying information.
Regional Drivers
Based on the regional analysis, the North American region is projected to dominate the market over the forecast period. This is because of the increasing adoption of sophisticated technologies and solutions for smart learning across the educational industry. In addition, as per the smart learning market research report, the growing endorsement of mobile applications to learn among the teachers and students will drive the market growth.
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