Report Highlights
The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.
Report Includes
- 57 data tables and 63 additional tables
- An overview of the current and future global markets for educational equipment and software
- Analyses of global market trends, with market revenue data (sales figures) for 2023, estimates for 2024, forecasts for 2025 and 2026, and projected CAGRs through 2029
- Analyses of global market trends, with market revenue data (sales figures) for 2023, estimates for 2024, forecasts for 2029 and projected CAGRs through 2029
- Estimates of the market size and revenue forecasts for the global market for educational equipment and software, with market share analysis by type, application, and region
- Discussions of the market dynamics, opportunities and challenges, as well as emerging technologies
- Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices followed by leading companies, their ESG ratings, and consumer attitudes
- Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
- Profiles of the leading companies, including Alphabet Inc., Microsoft Corp., Apple Inc., Lenovo, and Dell Technologies Inc.
Report Scope
This report provides an overview of the global educational equipment and software market and analyzes market trends. It includes an updated review of the educational equipment and software market’s type and application segments. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029, including revenue forecasts for type, application, and geographic region segments. Geographic segments include North America (i.e., U.S., Canada, Mexico), Europe (i.e., U.K., Germany, France, Spain, Rest of Europe), Asia-Pacific (i.e., Mainland China, Japan, South Korea, India, Rest of Asia-Pacific) and the Rest of the World (i.e., South America, Middle East and Africa). The report also focuses on emerging technologies and the vendor landscape. It concludes with profiles of the major players in the market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2023 | ||||||||||||||||||
| Forecast period considered | 2024-2029 | ||||||||||||||||||
| Base year market size | $100.8 billion | ||||||||||||||||||
| Market size forecast | $187.9 billion | ||||||||||||||||||
| Growth rate | CAGR of 12.2% for the forecast period of 2024-2029 | ||||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||||
| Segments covered | Type, Application and Region | ||||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) | ||||||||||||||||||
| Countries covered | U.S., Canada, Mexico, U.K., Germany, Spain, France, China, Japan, South Korea, and India | ||||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
What are the key factors driving the growth of the global educational equipment and software market?
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
The global educational equipment and software market should reach $121.3 billion by 2025 from $65.8 billion in 2020 at a compound annual growth rate (CAGR) of 13.0% for the forecast period of 2020 to 2025.
Report Includes
- 81 data tables and 17 additional tables
- An overview of the global market for educational equipment and software
- Estimation of the market size and analyses of global market trends with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market trends, market size, market forecast, and technological advancements within the industry
- Impact analysis of COVID-19 on educational equipment and software market
- Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies; and a relevant patent analysis
- Company profiles of major players of the industry, including Adobe, Cisco Systems Inc., Dell, HP, Lenovo, McGraw-Hill, NIIT Ltd. and Pearson
Report Highlights
The global market for educational hardware and software increased from $50.5 billion in 2016. This market is estimated to reach nearly $110.9 billion in 2022 from $57.7 billion in 2017 at a compound annual growth rate (CAGR) of 14.0% for 2017-2022.
Report Includes
- An overview of the global markets for educational equipment and software
- Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
- Coverage of software solutions, including learning management systems (LMS), learning content management systems (LCMS), adaptive learning platforms, and assessment systems
- Breakdowns of educational market into categories, including hardware, software, and content
- A look at emerging growth areas, such as smart education, along with market drivers and challenges
- Profiles of major players in the industry
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