Education PC Market
Global Education PC Market size was valued at USD 20.2 Billion in 2018 and is expected to reach USD 48 Billion by the end of the forecast period at a CAGR of 13.31%.
The traditional way of learning has noted numerous changes over the years, leading to a rising focus on creative teaching as well as learning methods. In the wake of these advancements, textbooks are now giving way to PCs like laptops, tablets and desktop that help facilitate learning backed by the latest processes as well as mechanisms for the flexibility and adaptability of students. PCs offer required content such as presentations, interactive modules and videos, which simplify the learning processes and make the whole experience as convenient as possible.
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Smart training methods like presentations, interactive modules, and videos that facilitate learning processes can boost the demand for education PCs all over the globe. These kinds of PCs offer relevant content in animated and video form using the internet. Mounting demand for high-speed internet combined with the rising broadband connections also works in favor of the education PC market. A host of substantial advantages associated with education PC including its adaptability as well as the flexibility to the varying grasping capabilities of the students also enhances its demand in the education sector.
Technological Advancements in the Education Field
Given the surge in novel technological advancements like the LMS and LCMS, training course content developers are now armed with the freedom to design a broad range of online content. Such courses are available all across the internet to a huge number of colleges, schools, as well as other institutes within the education sector. Soaring requirement for standardized testing culture within the education field can contribute towards the growth of the education PC market in the coming years. Technological innovation plays an integral role in market growth, as well. In recent years, the education industry has noted a high demand for digital learning processes, which is believed to be inducing the market growth to a great extent.
Characteristics including easy implementation and convenient adaptability aid in triggering the demand for education PC. Government initiatives pertaining to digital education an e-learning implementation all over the world with the aim to elevate learning and also propel the literacy rate can drive the business growth over the upcoming years.
Amplified demand for technology-based teaching systems combined with the rising need for better online training is a significant source of growth opportunities for the industry players. Mounting awareness levels regarding the benefits of such platforms also do wonders for the growth of the industry. Apart from this, research and development (R&D) initiatives with regard to smart course development that can be easily comprehended and in turn, can facilitate learning, can also usher in several growth opportunities for the market participants.
Segmentation
According to Market Research Future, the global education PC market has been segmented on the basis of product, end user, and region.
By product, the global education PC market has been segmented into desktop, laptop, and tablets. Among these segments, the market for desktop dominated the global education PC market in 2018 and is estimated to maintain its dominance during the forecast period. However, the market for tablets is expected to record the fastest growth during the forecast period. Tablets are comparatively easy to handle than desktops and laptops; this is expected to accelerate the adoption of education PCs in the near future.
On the basis of end user, the global education PC market has been segmented into primary education, secondary education, higher education, and others. Interactive learning helps in improving the efficiency of students, enabling them to grasp more information as compared to traditional learning. This has increased the adoption of education PCs by schools and colleges. Thus, the demand for education PC in primary and secondary education institutes is expected to increase during the forecast period 2019–2025.
By region, the global education PC market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Central & South America. Among these regions, North America is dominated the global education PC market in 2018 and is estimated to maintain its dominance during the forecast period 2019–2025. The presence of technology innovators, such as Microsoft Corp., Apple Inc., and IBM Corp., in the US has increased the adoption of education PCs in the region. Moreover, the demand for digital education by students has also fueled the of education PC in this region. On the other hand, the Asia-Pacific region is expected to register the fastest growth in the global market during the forecast period 2019–2025. Government initiatives to support education and increase literacy among individuals is one of the major factors fuelling the adoption of education PCs in Asia-Pacific.
Key Players
The Key Players in the Education PC market are identified across all the major regions based on their countries of origin, presence across different regions, recent key developments, product diversification, and industry expertise. Some of them are IBM Corp. (US), SMART Technologies Inc. (US), AT&T Technologies Inc. (Canada), Blackboard Inc. (US), Dell Inc. (US), Apple Inc. (US), Microsoft Corp. (US), HP (US), Lenovo Group Ltd (Hong Kong), Toshiba (Japan), Panasonic (Japan), Samsung (South Korea), Compaq (US), LG (South Korea), and Sony (Japan). The companies are focused on innovating in their existing product portfolio as well as innovate new products by investing in research and development to analyze the changing market trends.
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