Gatwick, UK – Mr Accuracy Reports released new research on Global Intelligent learning software will increase from US$41.3 billion in 2021 to US$123.2 billion in 2032, at a compound annual growth rate (CAGR) of 32.0% over the forecast period. Global Smart Learning Software examines comprehensive studies on various segments such as opportunity, size, development, innovation, revenue and overall growth of the key players. The research is carried out using primary and secondary statistical sources and includes both qualitative and quantitative detailing.
Some of the key players profiled in the study are IBM, Adobe, SMART, SAP, Technologies, Oracle, Saba Software
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market dynamics
Driver: Need for an interactive and engaging learning environment
With advances in technology, there is a growing demand for intelligent learning solutions to enhance the learning experience. Smart learning solutions use visual elements such as graphs, images, charts, and presentations to help students understand the concept faster. This, in turn, helps build student interest in the subject students; As a result, they learn effectively and are able to retain more information. It also acts as a guiding force in sharpening students’ creative imagination.
Limitation: High infrastructure costs
The equipment required for intelligent learning solutions such as smart classrooms and smart campuses is quite expensive and requires huge investment by the organization for installation and regular maintenance. Elementary and secondary schools are at particularly high risk because young children are unpredictable and can misuse the equipment. Therefore, only large companies or large educational institutions can afford these devices. Smaller schools and SMEs tend to be content with software solutions for smart learning.
