The Global Education Computing Devices Market size is expected to reach $272.2 billion by 2030, rising at a market growth of 13.7% CAGR during the forecast period.
Tablets are a technological solution that offers a variety of hardware and applications to support digital learning in the classroom. Therefore, the Tablets segment acquired $7,139.3 million revenue in the market in 2022. Teachers may access educational content, design digital assignments, and provide students with immediate feedback using tablets. The content can be personalized for each pupil and facilitate an interactive learning experience. Tablets can be used to promote distance learning and aid in bridging the digital divide by providing students with access to the same educational resources regardless of their location. Some of the factors impacting the market are increase in global digitization, rapid development of online education platforms, and digital divide and unequal Internet access.
In educational institutions, digitization has led to significant demand for PCs, laptops, and notebooks. The importance of online learning in educational institutions has boosted the need for bring-your-own-device (BYOD) policies. A further factor driving the expansion of the market for education computing devices is the development of smart teaching techniques. Moreover, the rapid pace of digitalization in regions like Middle East, Africa, and Latin America is also presenting significant possibilities to industry participants. Therefore, need for education computing devices will grow as a result of the rising global digitization. The fast development of software solutions is providing educational institutions with improved resource planning tools, enabling faculty members to create more complex course content and efficiently manage classrooms and schools. Online learning platforms are supported by the idea that students are increasingly becoming interested in learning from the comfort of their homes. To improve the learning experience, online education combines a variety of multimedia components, including videos, presentations, and interactive activities. The adaptability of online learning is a critical factor in its expansion. As a result of the rising development of online education platform, the market is estimated to grow.
However, while developed countries are generally known for their technical agility, emerging economies are expected to make small strides toward digitization. LMIC, or low- and middle-income nations, are notoriously sluggish to adopt digital technology. The global prevalence of the digital divide is held responsible for this. Lack of access to essential technology and Internet connectivity may affect students from underprivileged families or marginalized areas, escalating already-existing educational inequalities. The difficulty of providing all students with fair access to computing devices for educational purposes needs to be resolved. Hence, all these factors pose a challenge for the market.
By product type, the market is categorized into smartphones, laptops, tablets, and others. The laptops segment covered a considerable revenue share in the market in 2022. The growth of the segment is owed to initiatives like Laptops in Education PC, which is a program that provides students with laptops to improve their academic performance. Such initiatives aim to close the digital divide between people with access to technology and those without access. Such programs also ensure that all pupils, regardless of their socioeconomic status, have access to the same educational resources.
Based on end-user, the market is divided into primary, secondary and higher secondary. The higher secondary segment witnessed the largest revenue share in the market in 2022. The reasons expected to drive the segment's expansion include the higher secondary students increasing use of education computing devices as they frequently engage in college and career preparation activities, such as creating college applications, researching universities, and exploring career paths. Students can use computing devices to access college information portals, explore for scholarships, participate in online college fairs, and utilize career exploration tools, enabling them to make informed decisions about their future education and careers.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 99.2 Billion |
| Market size forecast in 2030 | USD 272.2 Billion |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 13.7% from 2023 to 2030 |
| Number of Pages | 198 |
| Number of Table | 269 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Companies Strategic Developments, Company Profiling |
| Segments covered | Product Type, End-user, Region |
| Country scope | US, Canada, Mexico, Germany, UK, France, Russia, Spain, Italy, China, Japan, India, South Korea, Singapore, Malaysia, Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria |
| Growth Drivers |
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| Restraints |
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Region wise, the market analyzed across North America, Europe, Asia Pacific and LAMEA region. In 2022, the North America region led the market by generating the highest revenue share. One of the factors fueling the expansion of the regional market is the region's improved economic status and government attempts to upgrade the infrastructure in both the commercial and educational sectors. The use of laptop computers and wireless devices in educational institutions has grown during the past few years.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Xiaomi Corporation, Dell Technologies, Inc., Lenovo Group Limited, Samsung Electronics Co., Ltd., Acer, Inc., ASUSTeK Computer Inc., Apple, Inc., OPPO Company, and HP, Inc.
Free Valuable Insights: Global Education Computing Devices Market size to reach USD 272.2 Billion by 2030
By Product Type
By End User
By Geography
This Market size is expected to reach $272.2 billion by 2030.
Rapid development of online education platforms are driving the Market in coming years, however, Digital divide and unequal Internet access restraints the growth of the Market.
Xiaomi Corporation, Dell Technologies, Inc., Lenovo Group Limited, Samsung Electronics Co., Ltd., Acer, Inc., ASUSTeK Computer Inc., Apple, Inc., OPPO Company, and HP, Inc.
The expected CAGR of this Market is 13.7% from 2023 to 2030.
The Smartphones segment is leading the Market by Product Type in 2022; thereby, achieving a market value of $133.4 billion by 2030.
The North America region dominated the Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $91.8 billion by 2030.
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