Smart Classroom Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Smart Classroom Market covers analysis By Component (Hardware, Software, Services); Educational System (Collaboration Systems, Learning Content Development Systems, Document Management Systems, Student Response Systems, Learning Management Systems, Content Creation Systems, Classroom Management Systems, Others); Application (Educational Gaming, Educational Security, Educational ERP); End Use (Kindergarten, K-12 , Higher Education) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00008406
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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MARKET OVERVIEW

Smart classroom broadly involves digital learning which improves students’ learning experience. Further, smart classroom also includes involvement of internet of things in which the devices are interconnected for enhancing the teaching power. It is now proven that visual aids are more effective in comparison to audio aids. These smart classrooms offers deeper and better concept understanding to the students. Considering wide range of benefits, smart classroom market is expected to grow at significant rate in the near future.

MARKET SCOPE

The "Global Smart Classroom Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the smart classroom market with detailed market segmentation by component, educational system, application, end use and geography. The report provides key statistics on the market status of the leading smart classroom market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION

  •   Based on component, the global smart classroom market is segmented into hardware, software and services.
  •   On the basis of educational system, the market is segmented into collaboration systems, learning content development systems, document management systems, student response systems, learning management systems, content creation systems, classroom management systems and others.
  •   Based on application, the market is bifurcated into educational gaming, educational security and educational ERP.
  •   On the basis of end use, the market is segmented into kindergarten, K-12 and higher Education.

MARKET DYNAMICS
Drivers:

  •   Growing adoption of technology in education sector.
  •   increasing per capita disposable income to boost the market growth of smart classroom.
  •   Rising concept of e-learning and digital learning.

Restraints

  •   High maintenance and operational cost associated with smart classroom.
  •   Lack of awareness about benefits and effectiveness of smart classroom in developing economies.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The smart classroom market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the smart classroom market in these regions.

IMPACT OF COVID-19 ON SMART CLASSROOM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Since schools and colleges are closed in almost many parts of the world, e-learning and digital learning has grown to significant level. This has given rise many online video conferencing platforms and apps.

World Geography

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  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The smart classroom market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the smart classroom market in these regions.

IMPACT OF COVID-19 ON SMART CLASSROOM MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Since schools and colleges are closed in almost many parts of the world, e-learning and digital learning has grown to significant level. This has given rise many online video conferencing platforms and apps.

MARKET PLAYERS

The report covers key developments in the smart classroom market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from smart classroom market are anticipated to lucrative growth opportunities in the future with the rising demand for smart classroom in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the smart classroom market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

  •   FUJITSU
  •   Educomp Solutions Ltd
  •   HCL Learning Limited
  •   HP Development Company, L.P.
  •   Jenzabar, Inc.
  •   Lenovo
  •   Microsoft
  •   Pearson India Education Services Pvt. Ltd
  •   SAMSUNG
  •   Smart Technologies


The Insight Partner’s dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Smart Classroom Market - By Component
1.3.2 Smart Classroom Market - By Educational System
1.3.3 Smart Classroom Market - By Application
1.3.4 Smart Classroom Market - By End Use
1.3.5 Smart Classroom Market - By Region
1.3.5.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. SMART CLASSROOM MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER’S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS

5. SMART CLASSROOM MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS

6. SMART CLASSROOM MARKET - GLOBAL MARKET ANALYSIS
6.1. SMART CLASSROOM - GLOBAL MARKET OVERVIEW
6.2. SMART CLASSROOM - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. SMART CLASSROOM MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. HARDWARE
7.3.1. Overview
7.3.2. Hardware Market Forecast and Analysis
7.4. SOFTWARE
7.4.1. Overview
7.4.2. Software Market Forecast and Analysis
7.5. SERVICES
7.5.1. Overview
7.5.2. Services Market Forecast and Analysis
8. SMART CLASSROOM MARKET - REVENUE AND FORECASTS TO 2028 - EDUCATIONAL SYSTEM
8.1. OVERVIEW
8.2. EDUCATIONAL SYSTEM MARKET FORECASTS AND ANALYSIS
8.3. COLLABORATION SYSTEMS
8.3.1. Overview
8.3.2. Collaboration Systems Market Forecast and Analysis
8.4. LEARNING CONTENT DEVELOPMENT SYSTEMS
8.4.1. Overview
8.4.2. Learning Content Development Systems Market Forecast and Analysis
8.5. DOCUMENT MANAGEMENT SYSTEMS
8.5.1. Overview
8.5.2. Document Management Systems Market Forecast and Analysis
8.6. STUDENT RESPONSE SYSTEMS
8.6.1. Overview
8.6.2. Student Response Systems Market Forecast and Analysis
8.7. LEARNING MANAGEMENT SYSTEMS
8.7.1. Overview
8.7.2. Learning Management Systems Market Forecast and Analysis
8.8. CONTENT CREATION SYSTEMS
8.8.1. Overview
8.8.2. Content Creation Systems Market Forecast and Analysis
8.9. CLASSROOM MANAGEMENT SYSTEMS
8.9.1. Overview
8.9.2. Classroom Management Systems Market Forecast and Analysis
8.10. OTHERS
8.10.1. Overview
8.10.2. Others Market Forecast and Analysis
9. SMART CLASSROOM MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
9.1. OVERVIEW
9.2. APPLICATION MARKET FORECASTS AND ANALYSIS
9.3. EDUCATIONAL GAMING
9.3.1. Overview
9.3.2. Educational Gaming Market Forecast and Analysis
9.4. EDUCATIONAL SECURITY
9.4.1. Overview
9.4.2. Educational Security Market Forecast and Analysis
9.5. EDUCATIONAL ERP
9.5.1. Overview
9.5.2. Educational ERP Market Forecast and Analysis
10. SMART CLASSROOM MARKET - REVENUE AND FORECASTS TO 2028 - END USE
10.1. OVERVIEW
10.2. END USE MARKET FORECASTS AND ANALYSIS
10.3. KINDERGARTEN
10.3.1. Overview
10.3.2. Kindergarten Market Forecast and Analysis
10.4. K-12
10.4.1. Overview
10.4.2. K-12 Market Forecast and Analysis
10.5. HIGHER EDUCATION
10.5.1. Overview
10.5.2. Higher Education Market Forecast and Analysis

11. SMART CLASSROOM MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Smart Classroom Market Overview
11.1.2 North America Smart Classroom Market Forecasts and Analysis
11.1.3 North America Smart Classroom Market Forecasts and Analysis - By Component
11.1.4 North America Smart Classroom Market Forecasts and Analysis - By Educational System
11.1.5 North America Smart Classroom Market Forecasts and Analysis - By Application
11.1.6 North America Smart Classroom Market Forecasts and Analysis - By End Use
11.1.7 North America Smart Classroom Market Forecasts and Analysis - By Countries
11.1.7.1 United States Smart Classroom Market
11.1.7.1.1 United States Smart Classroom Market by Component
11.1.7.1.2 United States Smart Classroom Market by Educational System
11.1.7.1.3 United States Smart Classroom Market by Application
11.1.7.1.4 United States Smart Classroom Market by End Use
11.1.7.2 Canada Smart Classroom Market
11.1.7.2.1 Canada Smart Classroom Market by Component
11.1.7.2.2 Canada Smart Classroom Market by Educational System
11.1.7.2.3 Canada Smart Classroom Market by Application
11.1.7.2.4 Canada Smart Classroom Market by End Use
11.1.7.3 Mexico Smart Classroom Market
11.1.7.3.1 Mexico Smart Classroom Market by Component
11.1.7.3.2 Mexico Smart Classroom Market by Educational System
11.1.7.3.3 Mexico Smart Classroom Market by Application
11.1.7.3.4 Mexico Smart Classroom Market by End Use
11.2. EUROPE
11.2.1 Europe Smart Classroom Market Overview
11.2.2 Europe Smart Classroom Market Forecasts and Analysis
11.2.3 Europe Smart Classroom Market Forecasts and Analysis - By Component
11.2.4 Europe Smart Classroom Market Forecasts and Analysis - By Educational System
11.2.5 Europe Smart Classroom Market Forecasts and Analysis - By Application
11.2.6 Europe Smart Classroom Market Forecasts and Analysis - By End Use
11.2.7 Europe Smart Classroom Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Smart Classroom Market
11.2.7.1.1 Germany Smart Classroom Market by Component
11.2.7.1.2 Germany Smart Classroom Market by Educational System
11.2.7.1.3 Germany Smart Classroom Market by Application
11.2.7.1.4 Germany Smart Classroom Market by End Use
11.2.7.2 France Smart Classroom Market
11.2.7.2.1 France Smart Classroom Market by Component
11.2.7.2.2 France Smart Classroom Market by Educational System
11.2.7.2.3 France Smart Classroom Market by Application
11.2.7.2.4 France Smart Classroom Market by End Use
11.2.7.3 Italy Smart Classroom Market
11.2.7.3.1 Italy Smart Classroom Market by Component
11.2.7.3.2 Italy Smart Classroom Market by Educational System
11.2.7.3.3 Italy Smart Classroom Market by Application
11.2.7.3.4 Italy Smart Classroom Market by End Use
11.2.7.4 United Kingdom Smart Classroom Market
11.2.7.4.1 United Kingdom Smart Classroom Market by Component
11.2.7.4.2 United Kingdom Smart Classroom Market by Educational System
11.2.7.4.3 United Kingdom Smart Classroom Market by Application
11.2.7.4.4 United Kingdom Smart Classroom Market by End Use
11.2.7.5 Russia Smart Classroom Market
11.2.7.5.1 Russia Smart Classroom Market by Component
11.2.7.5.2 Russia Smart Classroom Market by Educational System
11.2.7.5.3 Russia Smart Classroom Market by Application
11.2.7.5.4 Russia Smart Classroom Market by End Use
11.2.7.6 Rest of Europe Smart Classroom Market
11.2.7.6.1 Rest of Europe Smart Classroom Market by Component
11.2.7.6.2 Rest of Europe Smart Classroom Market by Educational System
11.2.7.6.3 Rest of Europe Smart Classroom Market by Application
11.2.7.6.4 Rest of Europe Smart Classroom Market by End Use
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Smart Classroom Market Overview
11.3.2 Asia-Pacific Smart Classroom Market Forecasts and Analysis
11.3.3 Asia-Pacific Smart Classroom Market Forecasts and Analysis - By Component
11.3.4 Asia-Pacific Smart Classroom Market Forecasts and Analysis - By Educational System
11.3.5 Asia-Pacific Smart Classroom Market Forecasts and Analysis - By Application
11.3.6 Asia-Pacific Smart Classroom Market Forecasts and Analysis - By End Use
11.3.7 Asia-Pacific Smart Classroom Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Smart Classroom Market
11.3.7.1.1 Australia Smart Classroom Market by Component
11.3.7.1.2 Australia Smart Classroom Market by Educational System
11.3.7.1.3 Australia Smart Classroom Market by Application
11.3.7.1.4 Australia Smart Classroom Market by End Use
11.3.7.2 China Smart Classroom Market
11.3.7.2.1 China Smart Classroom Market by Component
11.3.7.2.2 China Smart Classroom Market by Educational System
11.3.7.2.3 China Smart Classroom Market by Application
11.3.7.2.4 China Smart Classroom Market by End Use
11.3.7.3 India Smart Classroom Market
11.3.7.3.1 India Smart Classroom Market by Component
11.3.7.3.2 India Smart Classroom Market by Educational System
11.3.7.3.3 India Smart Classroom Market by Application
11.3.7.3.4 India Smart Classroom Market by End Use
11.3.7.4 Japan Smart Classroom Market
11.3.7.4.1 Japan Smart Classroom Market by Component
11.3.7.4.2 Japan Smart Classroom Market by Educational System
11.3.7.4.3 Japan Smart Classroom Market by Application
11.3.7.4.4 Japan Smart Classroom Market by End Use
11.3.7.5 South Korea Smart Classroom Market
11.3.7.5.1 South Korea Smart Classroom Market by Component
11.3.7.5.2 South Korea Smart Classroom Market by Educational System
11.3.7.5.3 South Korea Smart Classroom Market by Application
11.3.7.5.4 South Korea Smart Classroom Market by End Use
11.3.7.6 Rest of Asia-Pacific Smart Classroom Market
11.3.7.6.1 Rest of Asia-Pacific Smart Classroom Market by Component
11.3.7.6.2 Rest of Asia-Pacific Smart Classroom Market by Educational System
11.3.7.6.3 Rest of Asia-Pacific Smart Classroom Market by Application
11.3.7.6.4 Rest of Asia-Pacific Smart Classroom Market by End Use
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Smart Classroom Market Overview
11.4.2 Middle East and Africa Smart Classroom Market Forecasts and Analysis
11.4.3 Middle East and Africa Smart Classroom Market Forecasts and Analysis - By Component
11.4.4 Middle East and Africa Smart Classroom Market Forecasts and Analysis - By Educational System
11.4.5 Middle East and Africa Smart Classroom Market Forecasts and Analysis - By Application
11.4.6 Middle East and Africa Smart Classroom Market Forecasts and Analysis - By End Use
11.4.7 Middle East and Africa Smart Classroom Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Smart Classroom Market
11.4.7.1.1 South Africa Smart Classroom Market by Component
11.4.7.1.2 South Africa Smart Classroom Market by Educational System
11.4.7.1.3 South Africa Smart Classroom Market by Application
11.4.7.1.4 South Africa Smart Classroom Market by End Use
11.4.7.2 Saudi Arabia Smart Classroom Market
11.4.7.2.1 Saudi Arabia Smart Classroom Market by Component
11.4.7.2.2 Saudi Arabia Smart Classroom Market by Educational System
11.4.7.2.3 Saudi Arabia Smart Classroom Market by Application
11.4.7.2.4 Saudi Arabia Smart Classroom Market by End Use
11.4.7.3 U.A.E Smart Classroom Market
11.4.7.3.1 U.A.E Smart Classroom Market by Component
11.4.7.3.2 U.A.E Smart Classroom Market by Educational System
11.4.7.3.3 U.A.E Smart Classroom Market by Application
11.4.7.3.4 U.A.E Smart Classroom Market by End Use
11.4.7.4 Rest of Middle East and Africa Smart Classroom Market
11.4.7.4.1 Rest of Middle East and Africa Smart Classroom Market by Component
11.4.7.4.2 Rest of Middle East and Africa Smart Classroom Market by Educational System
11.4.7.4.3 Rest of Middle East and Africa Smart Classroom Market by Application
11.4.7.4.4 Rest of Middle East and Africa Smart Classroom Market by End Use
11.5. SOUTH AND CENTRAL AMERICA
11.5.1 South and Central America Smart Classroom Market Overview
11.5.2 South and Central America Smart Classroom Market Forecasts and Analysis
11.5.3 South and Central America Smart Classroom Market Forecasts and Analysis - By Component
11.5.4 South and Central America Smart Classroom Market Forecasts and Analysis - By Educational System
11.5.5 South and Central America Smart Classroom Market Forecasts and Analysis - By Application
11.5.6 South and Central America Smart Classroom Market Forecasts and Analysis - By End Use
11.5.7 South and Central America Smart Classroom Market Forecasts and Analysis - By Countries
11.5.7.1 Brazil Smart Classroom Market
11.5.7.1.1 Brazil Smart Classroom Market by Component
11.5.7.1.2 Brazil Smart Classroom Market by Educational System
11.5.7.1.3 Brazil Smart Classroom Market by Application
11.5.7.1.4 Brazil Smart Classroom Market by End Use
11.5.7.2 Argentina Smart Classroom Market
11.5.7.2.1 Argentina Smart Classroom Market by Component
11.5.7.2.2 Argentina Smart Classroom Market by Educational System
11.5.7.2.3 Argentina Smart Classroom Market by Application
11.5.7.2.4 Argentina Smart Classroom Market by End Use
11.5.7.3 Rest of South and Central America Smart Classroom Market
11.5.7.3.1 Rest of South and Central America Smart Classroom Market by Component
11.5.7.3.2 Rest of South and Central America Smart Classroom Market by Educational System
11.5.7.3.3 Rest of South and Central America Smart Classroom Market by Application
11.5.7.3.4 Rest of South and Central America Smart Classroom Market by End Use

12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

13. SMART CLASSROOM MARKET, KEY COMPANY PROFILES
13.1. FUJITSU
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. EDUCOMP SOLUTIONS LTD
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. HCL LEARNING LIMITED
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. HP DEVELOPMENT COMPANY, L.P.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. JENZABAR, INC.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. LENOVO
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. MICROSOFT
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. PEARSON INDIA EDUCATION SERVICES PVT. LTD
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. SAMSUNG
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. SMART TECHNOLOGIES
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments

14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
The List of Companies

1. FUJITSU
2. Educomp Solutions Ltd
3. HCL Learning Limited
4. HP Development Company, L.P.
5. Jenzabar, Inc.
6. Lenovo
7. Microsoft
8. Pearson India Education Services Pvt. Ltd
9. SAMSUNG
10. Smart Technologies

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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