The Latin America, Middle East and Africa EdTech and Smart Classrooms Market would witness market growth of 16.4% CAGR during the forecast period (2022-2028).
Students benefit from technology not only in terms of job readiness but also in terms of helping them comprehend all aspects of the tech world. Digital technologies now play a significant role in many aspects in life, from paying bills & voting to amusing ourselves and interacting with others. Additionally, social media is a powerful force, so students must learn from a young age what it meant to engage in that digital existence.
In addition, kids may find out a lot about digital tech responsibility if they use technology in the safe environment of the school. For child to understand about digital identities, digital citizenship, online etiquette, and what they all signify in a larger context that is the ideal learning environment. The need for digital content that can give students the knowledge they want has recently expanded across a wide range of educational institutions.
Education is a key goal of the government in order to create a varied, knowledge-based economy and reduce reliance on oil. The building of a top-notch educational system is strongly emphasized in the UAE Vision 2021, which was unveiled in 2010. As a consequence, this industry keeps expanding quickly. 16.3% of the $16 billion government budget for the country in 2022 will go toward education. In order to strengthen the employment market, the UAE has also created a "National Strategy for Higher Education 2030," which intends to give future generations of students practical and technical skills. In order to achieve international standards, it also aims to raise accreditation standards, create a qualification system, and enhance curricula.
The Brazil market dominated the LAMEA EdTech & Smart Classrooms Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $5,769.4 million by 2028.The Argentina market is experiencing a CAGR of 17% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 16.1% during (2022 - 2028).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Hardware Type, the market is segmented into Interactive Displays, Interactive Projector and Others. Based on Deployment Type, the market is segmented into Cloud and On-Premise. Based on End User, the market is segmented into Higher Education, and K-12. Based on Education System, the market is segmented into Learning Management System, Student Information & Administration System, Student Collaboration System, Student Response System, Learning & Gasification, Test Preparation, Classroom Management System, Document Management System and Talent Management System. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global EdTech and Smart Classrooms Market is Predict to reach $258.9 Billion by 2028, at a CAGR of 12.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, Cisco Systems, Inc., IBM Corporation, Google LLC, Oracle Corporation, SAP SE, Apple, Inc., Lenovo Group Limited, Instructure, Inc., and Udemy, Inc.
By Component
By Deployment Type
By End User
By Education System
By Country
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