LONDON--(BUSINESS WIRE)--The latest market research report by Technavio on the global classroom wearables technology market predicts a CAGR of over 41% during the period 2018-2022.
The report segments the global classroom wearables technology market by product (wrist-worn wearables and headgear) and by geography (the Americas, EMEA, and APAC). It provides a detailed illustration of the major factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Here are some key findings of the global classroom wearables technology market, according to Technavio education researchers:
- Development of digital content: a major market driver
- Integration of advanced visual technologies: emerging market trend
- The Americas dominated the global classroom wearables technology market, accounting for a market share of more than 58% in 2017
- In 2017, the wrist-worn wearables sector held the largest share in the market
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Development of digital content: a major market driver
The development of digital content is one of the major factors driving the global classroom wearables technology market. The practice of online and blended learning methods has encouraged the development of advanced technologies to help content development. Schools and universities are constantly evolving and becoming increasingly sophisticated by harnessing advanced technologies. The introduction of LMS and content management systems in the market has augmented the development of content for academicians and education experts.
According to a senior analyst at Technavio for research on education technology, “The advent of cloud-based LMS has given a thrust to the demand for digital classroom hardware. It is an inexpensive, quick, and efficient way of creating as well as delivering self-paced online courses to the learners. Learning management system vendors are making substantial investments in R&D to upgrade education systems.”
Apart from learning management systems, authoring software tools are also used in the content development processes. Thus, users in the education system depend on market vendors for the provision of hardware products such as wearable devices that provide a conducive platform to run this software and applications
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Integration of advanced visual technologies: emerging market trend
The increasing adoption of emerging visual technologies such as AR and VR in modern schools is one of the emerging trends driving the growth of the global classroom wearables technology market. Schools with superior infrastructure and continuously improving digital literacy are incorporating advanced visual technologies to certify higher learner engagement levels. For instance, students can experience new cultures, history, and understand the world in better ways through VR and AR. Teachers have been progressively using these technologies to send learners on virtual field trips or getting students to keep track of their health and fitness. Wearables along with the integration of AR and VR help in engaging learners by providing sensory learning and arousing their curiosity and imagination.
Global market opportunities
In terms of regional dominance, the Americas accounted for the largest market share of more than 58% in 2017. This trend is anticipated to continue during the forecast period due to the increasing demand for innovative classroom wearable solutions in the schools and higher education institutes. EMEA accounted for the second largest market share in 2017, and it will post a steady growth during the forecast period because of the rapid adoption of wearable devices in schools and universities across the region.
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