The global smart classroom market has exhibited steady growth in recent years due to the growing use of advanced technology in the education sector and the rising support for the same from governments and consumers alike. The smart classroom market has been the beneficiary of several technological advancements taking place in otherwise unrelated sectors, such as projectors and interactive whiteboards, which use advanced touchscreen technology to facilitate better interaction with students. The significant educational aid provided by such technological advances is likely to enable steady growth of the smart classroom market in the coming years.

According to Transparency Market Research, the global smart classroom market is likely to rise to a valuation of US$78.1 bn by the end of 2022. The smart classroom market is expected to reach a valuation of US$50.5 bn by the end of 2017 and is likely to exhibit a strong 9.1% CAGR over the 2017-2022 forecast period.

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By component, the report segments the global smart classroom market into interactive whiteboards and displays, projectors, learning management software, student response software, classroom management and assessment software, and support services. Of these, projectors are likely to dominate demand from the global smart classroom market over the 2017-2022 forecast period due to their widespread use in the educational sector and their undisputed benefits in a wide range of educational applications.

Geographically, North America is the leading contributor to the global smart classroom market. The regional smart classroom market is likely to be valued at more than US$13.8 bn by the end of 2017 and further rise to US$21.2 bn over the 2017-2022 forecast period. The North America smart classroom market’s 8.9% CAGR between 2017 and 2022 is bested only by Asia Pacific.

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On the other hand, the APEJ smart classroom market is likely to exhibit a robust 9.8% CAGR over the 2017-2022 forecast period, reaching a valuation of close to US$14.5 bn by the end of 2022.

Leading players in the global smart classroom market include Microsoft Corporation, Dell Inc., Apple Inc., Fujitsu Ltd., Cisco Systems Inc., IBM Corp., HP, Toshiba Corporation, Panasonic Corporation, Samsung Electronics Co. Ltd.

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