The global education PC market is expected to experience brisk growth owing to an increase in smart software adaptation for teaching purposes. In addition, rapid growth in the education and learning industry is expected to complement the market growth over the next seven years. In course of an educational institute that is responsible for incorporating smart techniques such as methods used in videos, presentations, and interactive modules to facilitate teaching and learning processes is expected to fuel market growth exponentially. Education PC is equipped to provide important content in animation and video form via the internet. Increasing demand for high-speed internet coupled with high broadband connection is expected to boost the global market growth over the forecast period. The major advantage of adopting education PC is its adaptability and flexibility about different students with different grasping capabilities.
With the technological advancement such as the LCMS and the LMS, the education PC market is benefitted the course content inventors to design a vast range of online content in course to major content related to the topic is now accessible via the internet, colleges and schools are using laptops and desktops for better and efficient content delivery to students, Moreover, it encourages online course materials sharing through internet. The rise in the need for standardized testing culture in the education sector is estimated to contribute to the education PC market growth Technology advancements have increased the innovative hardware production which has further improved internet connectivity. This advancement is expected to increase the demand for this industry. The education market has witnessed an increase in demand for digital learning processes in the recent past.
The rise in demand for digital learning processes is presumed to enhance industry growth. Moreover, this system has easy to adapt characteristics that are expected to increase the demand in the forecast period. Government initiatives for e-learning and digital education implementation across the globe to enhance learning and increase literacy rates are expected to drive industry growth. Everyday change in teaching culture requires innovative development according to the latest trends. These changes are estimated to hamper industry growth. This industry requires huge funding due to a lack of required fund sources is expected to hinder the demand for this system in near future.
An increase in Demand for Technology-based teaching systems and the need for improved online training is an opportunity for the industry vendors to expand in this vertical. Several instructors are not experts and have little experience in smart software usage which is presumed to restrict the industry growth. Due to this, the instructors are not able to convey their ideas to the students via PC. Furthermore, a lack of knowledge on how to access the software is expected to limit the growth. These factors are expected to restrict these industries' development over the forecast period. Spreading awareness about the benefits related to these platforms' implementation is expected to be a major challenge in this industry.
Based on application the market is segmented as schools, universities, educational consultancies, and autonomous institutes. Laptop and desktop computers are the different PC types. Developed regions such as North America and Europe are the dominant regional markets for this industry. A developing region such as the Asia Pacific is the regional market that is expected to witness huge demand for this system in the forecast period. North America appeared as the maximum revenue contributing regional market due to the constant R&D initiatives along with technological innovation which is leading to better products development. And with the rising demand for technology-based teaching institutes this region is presumed to witness industry expansion. Thus this is further expected to boost the regional market growth. Asia Pacific region is expected to grow at a lucrative CAGR over the next six years due to increasing awareness and adaptation about advanced smart software-based learning.
The rise in educational institutes and increase in requirement for high literacy rate will further cater to market growth in this region. A rise in government investments for this education PC implementation is expected to boost the demand for this industry in the coming years. The education PC market is high cost-intensive and requires huge investment for initial setup. Industry participants are investing heavily in research and development to have a competitive advantage. Prominent industry participants include IBM Corp., SMART Technologies Inc., AT&T Technologies Inc., Blackboard Inc., Dell Inc., Apple Inc., Microsoft Corp., HP, Lenovo Group Ltd., Toshiba, Panasonic, Samsung, Alphabetics Computer Services, Compaq, LG, Sony, AsusTek, HCL, and NEC
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