BANGALORE, India, July 7, 2021 /PRNewswire/ — The Education Software Market is Segmented by Type (On-premises, Cloud-based), by Application (Household Application, School Application, Distance Education). The report covers global opportunity analysis and industry forecasts from 2021 to 2026. This report is published on Valuates Reports in the Software Category.
The global Education Software market size is projected to reach USD 6735.9 Million by 2026, from USD 3244.4 Million in 2019, at a CAGR of 11.0% during 2021-2026.
Major factors driving the growth of the education software market are:
- The growing prevalence of digital classrooms with raising awareness is a key factor for the growth of the market.
- The proliferation of connected devices in the education sector.
- Adoption of eLearning solutions, and growing use of Artificial Intelligence (AI) and Machine Learning (ML) that adapts to the expertise level of students.
- With an increasing number of students receiving degrees each year, the potential user base for educational software is growing.
TRENDS INFLUENCING THE GROWTH OF EDUCATION SOFTWARE MARKET
Education software has the ability to completely transform the way content is developed and delivered to students. Artificial intelligence-enabled digital content can provide material that adapts to students’ expertise levels. Different generations of students can readily…