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Education sector is heading towards enhancing technology to cater to the increasing needs. it projected to grow at a CAGR of 15.4% during 2018–2024.
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Summary • The advancements in technology and innovations are changing the market scenario and increasing the need for cost-effective and superior customer services. • The Research forecasts that the education technology market will grow at a CAGR of 15.4% during the period 2018–2024 • The new digital educational services are developing wide applications in terms of smart technology, connected products, and services with highly secure connectivity, mobility, analytics, and cloud solutions.
Regions • Europe • North • America • Asia Pacific • Middle Africa • East Africa • Latin America
Benifits • The report provides an in-depth analysis of the global education technology market aiming to reduce time to market for educational products and services, reduce operational cost, and operational performance. • The evolution of technologies such as cloud computing, cognitive computing, and machine learning are paving the way for the growth of education technology. • The report provides details about educational systems, end-users, and regions. Furthermore, the report provides details about the major challenges impacting the market growth. • The growth of the education technology market is driven by the growing Internet usage among the population, increased use of cloud-based technology by education service companies, use of mobile-based applications along with cross-industry partnerships, and a significant increase in venture capital investments.
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