Artificial Intelligence
Smart Learning Market Worth $56.5 Billion by 2024 – Proliferation of Connected Devices in the Education Sector Drives Growth
Dublin, Feb. 05, 2020 (GLOBE NEWSWIRE) — The “Smart Learning Market by Component (Hardware, Software (Integrated Solution and Standalone Solution), and Services), Learning Type (Synchronous Learning and Asynchronous Learning), End User (Academic and Enterprise), and Region – Global Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.
The global smart learning market size is expected to grow from USD 23,214 million in 2019 to USD 56,519 million by 2024, at a Compound Annual Growth Rate (CAGR) of 19.5% during the forecast period of 2019-2024.
The major factors driving the growth of the smart learning market include the proliferation of connected devices in the education sector, adoption of eLearning solutions, and growing use of Artificial Intelligence (AI) and Machine Learning (ML) in smart learning.
Software segment to grow at the highest CAGR during the forecast period
Based on components, the software segment of the smart learning market is projected to grow at the highest CAGR during the forecast period. The smart learning software market is categorized into integrated solutions and standalone solutions. The standalone solutions include Learning Management System (LMS)/Learning Content Management System (LCMS), Student Information System (SIS), test and assessment, collaboration, eContent, and others, such as content authoring tools, screen capturing tools, and open-source software.
Software solutions offer institutions with well-organized Enterprise Resource Planning (ERP) systems that help faculty members build enhanced courses and manage classrooms and schools proficiently. Online education platforms create virtual classrooms, enabling teachers to manage a large audience without any budget constraint. K-12 and higher education institutions constantly struggle to administer complex and contrasting Information Technology (IT) solutions scattered across the campus.
Asynchronous learning segment to record a higher market share in 2019
The asynchronous learning segment among learning type is projected to lead the smart learning market during the forecast period. Asynchronous learning can be carried out online as well as offline. It involves the coursework to be delivered by web, email, or message boards posted in online forums. In this type of leaning, learners cannot put forth their doubts in real-time.
With asynchronous learning, learners cannot receive immediate feedback from their fellow learners or tutors. Learners can be self-paced, which is not possible with the synchronous learning type. It provides benefits, such as message boards, discussion groups, and self-paced groups. Message boards help students put up their questions and doubts on a central board/forum or comment on the answers.
Enterprise segment to grow at a higher CAGR during the forecast period
Organizations and institutions in business domains, apart from the education sector, have been classified as enterprises in the report. Enterprise users include organizations catering to various verticals, such as retail; government; healthcare; and Banking, Financial Services and Insurance (BFSI).
Corporate users implement these solutions as a tool to train and assess employees for providing various instructions and suggestions. Real-time mass notification solutions help enterprise management deploy faster communication among its employees about new policies and other instructions. This segment is further classified into SMEs and large enterprises based on the number of employees in the organization.
North America to record the highest market share in smart learning market in 2019
North America plays a huge role in the development of technology, which helps in the adoption of new smart learning solutions across the major end-user segments. A significant increase in the number of mobile learning applications has been witnessed in the region. According to an article published by Edweek Market Brief in February 2019, spending on educational technology till date exhibits to be more than USD 13 billion in the US alone.
The North America Education Technology (EdTech) industry is growing significantly with abundant investments. In 2017, investments in EdTech products were more than USD 9.5 billion. This market has brought in many programs designed to help with elementary math and English skills. Various students and educators in the region are adopting mobile apps that enable them to access information at any time and any place.
Key Topics Covered
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Market
4.2 Market in the Asia-Pacific, By Component and Country
4.3 Smart Learning Market: Major Countries
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Proliferation of Connected Devices in the Education Sector
5.2.1.2 Adoption of Elearning Solutions
5.2.1.3 Growing use of AI and ML in Smart Learning
5.2.2 Restraints
5.2.2.1 Increasing Cyberattacks on Educational Institutes and Enterprises to Raise Data Security and Privacy Concerns
5.2.3 Opportunities
5.2.3.1 Potential Growth Opportunities for System Integrators
5.2.3.2 Increasing Spending on the Education Sector
5.2.4 Challenges
5.2.4.1 High Cost of Producing Elearning Content
5.2.4.2 Inability to Manage Real-Time and Unstructured Data
5.3 Regulatory Implications
5.3.1 Introduction
5.3.2 Right to Education
5.3.3 National Science Education Standards
5.3.4 International Standard Classification of Education
5.3.5 European Network for Quality Assurance in Higher Education
5.3.6 Australian Education Act
5.3.7 Education Services for Overseas Students Act
5.3.8 Fundamental Law of Education
5.3.9 Compulsory Education Law of the People’s Republic of China
5.3.10 South African Schools Act, No. 84 of 1996
5.3.11 the Education Act 2011
5.3.12 Every Student Succeeds Act
5.3.13 Fund for Maintenance and Development of the Fundamental Education and Valorization of Teaching
5.4 Use Cases
5.4.1 Use Case 1: Docebo
5.4.2 Use Case 2: G-Cube
5.4.3 Use Case 3: Saba Software
5.4.4 Use Case 4: Cisco
5.4.5 Use Case 5: IBM
5.4.6 Use Case 6: Google
5.4.7 Use Case 7: Cornerstone
5.4.8 Use Case 8: Blackboard
5.4.9 Use Case 9: Instructure
5.4.10 Use Case 10: Disprz
6 Smart Learning Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Interactive Displays
6.2.1.1 Interactive Displays Increase Learner Engagement, Inspire Students, and Encourage Enthusiasm for Learning
6.2.2 Interactive Projectors
6.2.2.1 Interactive Projectors Offer Benefits That Improve Cognitive Learning
6.2.3 Others
6.3 Software
6.3.1 Integrated Solution
6.3.1.1 Convenience of Scaling Up and Smooth Communication to Drive the Market of Integrated Solution
6.3.2 Standalone Solution
6.3.2.1 Learning Management System/Learning Content Management System
6.3.2.1.1 Learning Management System/Learning Content Management System Solutions Offer Holistic Learning Experience By Providing Econtent, Collaboration, Course Management, Test and Assessment, and Performance Management
6.3.2.2 Student Information System
6.3.2.2.1 Student Information System Helps Manage Large Data and Provides Constant Smooth Flow of Information Across Users
6.3.2.3 Test and Assessment
6.3.2.3.1 Test and Assessment Tools Help Understand Potential Areas of Improvement
6.3.2.4 Collaboration
6.3.2.4.1 Collaboration Tools Help Create Virtual Classrooms and Elearning Environment
6.3.2.5 Econtent
6.3.2.5.1 Mobile Devices and Integration of Digital Classroom Facilities to Drive the Econtent Demand
6.3.2.6 Others
6.4 Services
6.4.1 Consulting
6.4.1.1 Need for Technical Expertise in Latin America and MEA Regions to Drive the Demand for Consulting Services
6.4.2 Implementation
6.4.2.1 Implementation Services to Offer Significant Revenue Growth Opportunities in APAC
6.4.3 Support and Maintenance
6.4.3.1 Growing Demand for Smart Learning Solutions to Fuel the Demand for Support and Maintenance Services
7 Smart Learning Market, By Learning Type
7.1 Introduction
7.2 Synchronous Learning
7.2.1 Demand for Instant Real-Time Interaction With Tutors to Drive the Synchronous Learning Model
7.3 Asynchronous Learning
7.3.1 Convenience of Time and Flexible Access to Econtent to Drive The Asynchronous Learning Model
8 Smart Learning Market, By End User
8.1 Introduction
8.2 Academic
8.2.1 K-12
8.2.1.1 Student Engagement Through Interactive Devices to Drive the K-12 Segment
8.2.2 Higher Education
8.2.2.1 Ease of Learning Through LMS to Drive the Higher Education Segment
8.3 Enterprises
8.3.1 Small and Medium-Sized Enterprises
8.3.1.1 Rapid Digitization and Need to Adopt Latest Trends to Drive the Smart Learning Market Among SMES
8.3.2 Large Enterprises
8.3.2.1 Benefits, Such as Employee Management, Training, and Test and Assessment, to Drive the Market Among Large Enterprises
9 Smart Learning Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.1.1 Government Initiatives and Investments in the Education Sector to Drive the US Market
9.2.2 Canada
9.2.2.1 Adoption of Digital Technologies to Drive the Market in Canada
9.3 Europe
9.3.1 United Kingdom
9.3.1.1 Presence of Well-Established Academic Institutions and Their Adoption of Smart Learning Solutions
9.3.2 Germany
9.3.2.1 Adoption of Lms and Learning Analytics to Increase Digital Learning Solutions
9.3.3 France
9.3.3.1 Presence of Large Vendors to Drive the US Market
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.1.1 Increasing Focus on Adopting Advance Technologies in the Education Industry
9.4.2 Japan
9.4.2.1 Early Adoption of the Smart Learning Environment
9.4.3 Australia and New Zealand
9.4.3.1 Increasing Need to Promote the use of Technology Across Verticals
9.4.4 Rest of Asia Pacific
9.5 Middle East and Africa
9.5.1 United Arab Emirates
9.5.1.1 Mobile Penetration and Mobile Learning to Drive the UAE Market Growth
9.5.2 Saudi Arabia
9.5.2.1 Growing Focus on Learner Needs Using Technological Advancements
9.5.3 Rest of Middle East and Africa
9.6 Latin America
9.6.1 Brazil
9.6.1.1 Strong Economy and It Infrastructure to Drive the Market in Brazil
9.6.2 Mexico
9.6.2.1 the Need to Increase Educational Performance and Attainment in Compulsory Education
9.6.3 Rest of Latin America
10 Competitive Landscape
10.1 Overview
10.2 Competitive Scenario
10.2.1 Partnerships
10.2.2 New Product Launches
10.2.3 Business Expansion
10.2.4 Acquisition
11 Company Profiles
11.1 Introduction
11.2 Blackboard
11.3 IBM
11.4 Samsung
11.5 SMART Technologies
11.6 Adobe
11.7 Saba Software
11.8 Oracle
11.9 SAP
11.10 Microsoft
11.11 Cornerstone OnDemand
11.12 BenQ
11.13 Huawei
11.14 D2L
11.15 Newrow
11.16 Pearson
11.17 McGraw-Hill
11.18 CrossKnowledge
11.19 Alphabet
11.20 Ellucian
11.21 Cisco
11.22 Upside LMS
For more information about this report visit https://www.researchandmarkets.com/r/2dpzug
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Artificial Intelligence
Bitrue expands Bitcoin Runes Offerings with GPTV Listing and Staking Options
VICTORIA, Seychelles, May 3, 2024 /PRNewswire/ — Leading digital asset exchange Bitrue continues its community-driven approach with the listing of a new Bitcoin Runes token, GPTV•AI•PEPE•KING (GPTV). This follows the recent addition of several other Bitcoin Runes tokens to the platform, including SATOSHI•NAKAMOTO (SATOSHI), LOBO•THE•WOLF•PUP (LOBO), RSIC•GENESIS•RUNE (RSIC), and DOG•GO•TO•THE•MOON (DOG). Trading for the GPTV/USDT pair commenced on April 30th, 2024.
What is GPTV?
GPTV is the native token of AI PEPE KING, a project claiming to be the “largest AI Meme Community” with a presence on both the Polygon (AIPEPE) and Bitcoin Runes (GPTV) blockchains. Notably, AI PEPE KING secured a $10 million investment to develop AI-powered customer service tools leveraging the ChatGPT technology. Additionally, they are building a “Dream Lottery” system. Revenue generated from these products is earmarked for buybacks and burns of both AIPEPE and GPTV tokens, potentially influencing their long-term value.
Staking Opportunities with Attractive Yields
Bitrue is also offering users staking opportunities for those holding BTR, AIPEPE, RSIC, or DOG tokens. By staking their holdings, users can earn rewards in GPTV, with estimated annual percentage yield (APY) varying on the staked token, with BTR offering 22.15%, AIPEPE at 23.18%, RSIC boasting a higher 31.37%, and DOG coming in at 23.62%. These yields present a potentially lucrative opportunity for users to grow their cryptocurrency holdings, but also come with financial risk and the potential for investment to return much lower yields.
Bitrue’s Focus on Community Engagement
The listing of these Bitcoin Runes tokens is a testament to Bitrue’s commitment to its user base. The decision to add these tokens stemmed from a community poll conducted through an X poll on Bitrue’s X account. This highlights the exchange’s dedication to incorporating community feedback into its decision-making process, fostering a sense of collaboration and shared interest.
With the addition of GPTV and the introduction of staking opportunities, Bitrue continues to expand its offerings for users interested in the burgeoning world of Bitcoin Runes tokens. The exchange’s focus on community engagement further strengthens its position as a platform that prioritizes user input and satisfaction.
About Bitrue
Launched in July 2018, Bitrue is a diversified digital asset exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. With offices in Asia and Europe, the business continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.
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Artificial Intelligence
5G Enterprise Market Projected to Reach $115.81 billion by 2030 – Exclusive Report by 360iResearch
PUNE, India, May 2, 2024 /PRNewswire/ — The report titled “5G Enterprise Market by Equipment (Distributed Antenna System, Radio Node, Service Node), Organization Size (Large Enterprises, SMEs), End User – Global Forecast 2024-2030” is now available on 360iResearch.com’s offering, presents an analysis indicating that the market projected to grow from a size of $17.30 billion in 2023 to reach $115.81 billion by 2030, at a CAGR of 31.20% over the forecast period.
“The Pivotal Role of 5G Technology in Enterprise Evolution”
The advent of 5G technology marks a transformative era for businesses worldwide, offering exceptional speed, reduced latency, and enhanced connectivity that promise to elevate operational efficiency and digital innovation across various sectors. From enabling precise real-time monitoring and predictive maintenance in manufacturing to advancing telemedicine and seamless data collaborations in healthcare, 5G stands as a cornerstone for future advancements. Its pivotal role is revolutionizing transportation by supporting autonomous vehicles and smart infrastructure, significantly elevating safety and efficiency. The surge in 5G enterprise adoption is fueled by the growing need for robust and swift network connections to accommodate an increasing array of Internet of Things (IoT) devices and applications. Challenges include the substantial upfront costs associated with 5G infrastructure and concerns over data security. The potential for 5G to spur innovation is immense, mainly through the development of 5G-as-a-Service (5GaaS) and its synergy with cutting-edge technologies such as edge computing and artificial intelligence. Regionally, North America is major in adoption, supported by significant telecom investments, while the European Union’s concerted efforts bolster 5G integration across industries. The Middle East’s ambitions to become a significant region globally in 5G through smart city and industrial automation investments distinguish it. In contrast, the APAC region’s rapid growth is supported by early adoption and extensive government support, particularly in South Korea, China, and Japan. Thus, 5G is set to redefine enterprise operations, driving innovation and enabling smart solutions globally, heralding a new chapter in digital transformation for industries worldwide.
Download Sample Report @ https://www.360iresearch.com/library/intelligence/5g-enterprise
“5G’s Role in Advancing Industry 4.0 and Digital Innovations”
In today’s fast-evolving digital age, the seamless integration of cutting-edge technologies such as artificial intelligence (AI), the Internet of Things (IoT), and blockchain into everyday business operations is becoming increasingly crucial. This integration is driving a significant surge in the need for uninterrupted, high-speed network coverage across various sectors. As technologies become more affordable and their performance enhanced, their adoption in both private and public sectors is witnessing a remarkable increase, paving the way for innovative payment solutions and digital currencies. This transformation reshapes diverse commercial landscapes, including entertainment, journalism, advertising, and retail. Consequently, the demand for 5G connectivity is escalating, recognized for its capability to deliver speeds of 15 to 20 Gbps, connect a vast array of devices, and facilitate the creation of virtual networks tailored to specific needs. Moreover, as Industry 4.0 propels manufacturing into the digital era with its emphasis on automation and digital technologies, the role of 5G in supporting these advancements becomes indispensable. By enabling faster connectivity for AI, data analytics, IoT, blockchain, and machine learning applications, 5G is at the forefront of improving operational efficiency and flexibility in the manufacturing sector, setting the stage for the exponential growth of the 5G enterprise market.
“The Integral Role of Radio Nodes, DAS, and Service Nodes in Enhancing 5G Networks”
In the rapidly evolving world of 5G networks, the harmonious functioning of radio nodes, distributed antenna systems (DAS), and service nodes plays a pivotal role in ensuring uninterrupted, high-speed connectivity across diverse environments. Radio nodes, vital for facilitating direct communication between devices, including smartphones and tablets, ensure the seamless execution of critical radio functions such as modulation and demodulation. They shine especially in areas where a robust, reliable connection is paramount, catering to the needs of densely populated zones. DAS is used in complexes such as stadiums and large buildings, working behind the scenes to boost wireless coverage through a network of strategically placed antenna nodes. This ensures that every corner is connected, enhancing user experience in challenging architectural layouts. Meanwhile, service nodes are the backbone of network management, orchestrating essential functions, including user authentication and mobility management, enabling smooth delivery of services throughout the 5G ecosystem. These components overcome physical and technological hurdles and lay down the infrastructure critical for delivering the next generation of wireless connectivity.
Request Analyst Support @ https://www.360iresearch.com/library/intelligence/5g-enterprise
“Telefonaktiebolaget LM Ericsson at the Forefront of 5G Enterprise Market with a Strong 16.19% Market Share”
The key players in the 5G Enterprise Market include Huawei Technologies Co., Ltd., Deutsche Telekom AG, Nokia Corporation, Telefonaktiebolaget LM Ericsson, AT&T Inc., and others. These prominent players focus on strategies such as expansions, acquisitions, joint ventures, and developing new products to strengthen their market positions.
“Introducing ThinkMi: Revolutionizing Market Intelligence with AI-Powered Insights for the 5G Enterprise Market”
We proudly unveil ThinkMi, a cutting-edge AI product designed to transform how businesses interact with the 5G Enterprise Market. ThinkMi stands out as your premier market intelligence partner, delivering unparalleled insights with the power of artificial intelligence. Whether deciphering market trends or offering actionable intelligence, ThinkMi is engineered to provide precise, relevant answers to your most critical business questions. This revolutionary tool is more than just an information source; it’s a strategic asset that empowers your decision-making with up-to-the-minute data, ensuring you stay ahead in the fiercely competitive 5G Enterprise Market. Embrace the future of market analysis with ThinkMi, where informed decisions lead to remarkable growth.
Ask Question to ThinkMi @ https://app.360iresearch.com/library/intelligence/5g-enterprise
“Dive into the 5G Enterprise Market Landscape: Explore 181 Pages of Insights, 298 Tables, and 22 Figures”
PrefaceResearch MethodologyExecutive SummaryMarket OverviewMarket Insights5G Enterprise Market, by Equipment5G Enterprise Market, by Organization Size5G Enterprise Market, by End UserAmericas 5G Enterprise MarketAsia-Pacific 5G Enterprise MarketEurope, Middle East & Africa 5G Enterprise MarketCompetitive LandscapeCompetitive PortfolioInquire Before Buying @ https://www.360iresearch.com/library/intelligence/5g-enterprise
Related Reports:
5G Non-Terrestrial Network Market – Global Forecast 2024-20305G in Defense Market – Global Forecast 2024-20305G Satellite Communication Market – Global Forecast 2024-2030About 360iResearch
Founded in 2017, 360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset — our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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Artificial Intelligence
SimSpace Welcomes Matt Knutsen as New Chief Revenue Officer to Spearhead Expansion Plan
SimSpace strengthens their leadership team, appointing Knutsen to drive revenue growth for the company as it expands further into the public sector
BOSTON, May 2, 2024 /PRNewswire/ — SimSpace, the US-based industry leader in AI-Powered cyber ranges, announced today the appointment of Matt Knutsen as its new Chief Revenue Officer (CRO). Matt will champion SimSpace’s global sales and revenue growth strategy. He will drive expansion initiatives and foster strategic partnerships to stress test businesses’ and state agencies’ people, processes and technologies against the most advanced adversaries.
With more than 20 years of experience in the field, Matt most recently held the position of CRO at cyber training provider Immersive Labs, where he increased revenue growth by over 4000% and attracted over $180M in investment. He also launched the company into new markets, expanding the team across Australia, Europe, the Middle East, New Zealand and the US. The combination of Matt’s wealth of experience and his in-depth industry knowledge make him well-equipped to lead SimSpace’s next phase of growth.
As nation-state attacks rise in frequency, and AI drives a new wave of severe cyberattacks, companies also have to navigate uncertain economic conditions. SimSpace empowers organizations to cut unnecessary spending through stack optimization, allowing CISOs to maximize their ROI and effectiveness of their technology stack. Knutsen’s influence in the field will propel the SimSpace Platform to new heights, advancing access for companies and governments that need to optimize their cybersecurity defenses and safeguard their critical infrastructure from an increasingly volatile threat landscape.
Matt Knutsen is the most recent addition to SimSpace’s Executive Leadership Team, following Clint Sand’s appointment as Chief Product Officer in February 2024. His appointment underscores SimSpace’s continued growth trajectory, headed by the $45M they secured in funding from L2 Point Management, bringing the total capital raised over the past year to $70M. The company has also bolstered their presence in the public sector, marked by their recent partnership with Carahsoft and their multi-year contract with Florida to enhance the state’s cybersecurity preparedness. SimSpace’s high fidelity cyber ranges and simulations will enable state agencies and programs like Cyber Florida to rehearse and respond to cyberattacks.
Commenting on Matt’s arrival, SimSpace CEO William Hutchison said, “Matt is a seasoned executive, who has accumulated years of knowledge on cybersecurity best practices and established himself as a leading authority in cyber range exercises. His industry influence, strategic vision and conviction in the importance of cybersecurity preparedness will shape the future success of the company at this crucial time of expansion. With Matt leading our revenue organization, we have full confidence in our capacity to deepen our valued partnerships and build strong, new connections which will further elevate SimSpace’s position as a trusted cybersecurity partner.”
Matt Knutsen, Chief Revenue Officer commented, “I’m looking forward to bringing a proactive approach to cybersecurity risk management to even more private and public sector organizations. I’ve already been impressed by SimSpace’s high-fidelity cyber range simulations, both on and off premise. It’s a great time to be joining the company and I’m excited to build upon SimSpace’s recent rapid growth with even more partnerships.”
About SimSpace
SimSpace is the global leader in AI-Powered cyber ranges, founded by experts from U.S. Cyber Command and MIT’s Lincoln Laboratory to respond to a new era of unprecedented cyber threats. Having raised nearly $70 million in funding over the past year, the company’s Platform enables the most sophisticated enterprises, governments, and critical national infrastructure organizations to find intelligence-driven answers to the most vexing security, governance, training, and cyber readiness questions. SimSpace provides high-fidelity cybersecurity simulations, training, and safe live-fire exercises to Fortune 2000 financial, retail, insurance, and other commercial markets. SimSpace’s Platform results in an average reduction in cyber operational costs of 30% and a 40% reduction in breaches.
For more information, please visit: www.SimSpace.com.
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