How Top Edtech and Smart Classroom Companies Are Innovating Learning and Teaching Methods

The increasing demand for the overall development of children has led to the growth of the education sector. Innovative learning and teaching methods have led people to invest in the education sector with time. The edtech and smart classroom industry is growing fast with the increase in digitalization.

According to Fortune Business Insights™, the global market of edtech and smart classroom is expected to be worth USD 433.17 billion by 2030, recording a CAGR of 18.3% during 2023-2030.

The impact of the pandemic was positive for the edtech and smart classroom industry. During the lockdown, various apps and gadgets were rising for study, curriculum management software, e-textbooks, administration, and communication platform. The governments also took initiatives to grow the market by cost-cutting of tech gadgets and internet data required to use them. These factors helped grow the market.

Listed below are the top 10 companies operating in the market:

1. Cisco Systems, Inc.

Cisco Systems, Inc. provides in-built software that safeguards the data and conversations between teachers, students, and their parents, whether in or outside the class. The company also provides a facility for hybrid learning and teaching experience, online and offline, as per the convenience of both students and teachers.

June 2022: Cisco Systems collaborated with YELLOW, an education-centered non-profit platform by Pharrell Williams, with teaching enabling tools for expelled students. Companies wanted to provide better quality education in a hybrid environment. The aim was to establish a hybrid environment for a non-profit curriculum and data protection of students and teachers.

2. SMART Technologies ULC

SMART Technologies is one of the leading edtech and smart classroom companies that offers developed interactive technologies which engage learners, teachers, and teams with SMART across the world. The company provides captivating displays, software, and accessories among educators worldwide. SMART Technologies offers services such as SMART Board M700 Series, an automatic board that identifies palm erasing, the touch of a finger, and pen writing. The display board has a feature where two persons can write, remove, change, or motion along without the help of any other tool or menu selection.

January 2023: SMART Technologies introduced two more MX and GX display boards. It connects with the SMART Board 6000 series, simultaneously featuring writing, erasing, and signing across all the applications and platforms.

3. Microsoft

Microsoft provides wholesome and effective technologies for education leaders to focus on the challenge of a systematic transformation. The company offers some tools with the help of which teachers, students, and school leaders get time for planning and assignments. Microsoft also offers applications, tools, and devices for students, educators, and school leaders, which can help make learning an effortless process and affordable school budgets with robust technology. These factors helped in the increasing demand for edtech and smart classrooms.

November 2022: Microsoft partnered with byteXL, an edtech platform, to make changes in the institution through new training and comprehensive programs. This partnership promoted the XLerate initiative by the All India Council for Technical Education to teach them new-age training and introduce emerging technologies.

4. SAP SE

SAP SE allows them to select available courses as per their role in the organization. The company offers advanced technologies, which help students with new skills, tools, and job experiences.

October 2022: SAP SE partnered with Amazon Web Services (AWS) to introduce SAP Industry Knowledge Exchange to advance sustainable development while driving digital information. This partnership brought together consulting firms, enterprises, and academia across 25 industries for technological coordination and sharing of best practices.

5. Apple

Apple provides schools with many tools, which make it easy for IT administrators with their deployments and also to track the work of teachers in the classroom so that the students get appropriate learning experiences. Schoolwork app is a product by Apple that helps in sharing and receiving instruction between students and teachers, instant feedback, reviewing students’ work, and enabling teachers to identify instructions.

March 2021: Apple introduced the Apple Teacher Portfolio app in its suite of classroom apps. This app allows teachers to complete nine lessons through foundational skills on iPad and Mac, after which the teachers will be recognized as Apple teachers.

6. IBM Corporation

IBM Educational Solutions helps students and faculty to get innovative learning experiences for better results from kindergarten through higher education.

February 2023: IBM planned the growth of its tech training network with different education partners with the help of IBM’s Skills Build platform, which could result in IT training for adult learners, high school students, and college students.

7. Alphabet Inc.

Alphabet Inc. is a parent company of Google, which operates and provides education tools that help transform the process for students and educators. One of the services offered by the company is Google Chromebook, which has built-in accessibility and safety features so that the students can access apps and set it up through any device.

December 2022: Google launched Courses, a feature with a designed learning experience on YouTube. It would help teachers to teach virtually with organized videos, text reading materials, and questions on video apps.

8. D2L Corporation

D2L provides higher education to the corporate sector and K-12 students with a singular cloud platform. Brightspace by D2L is a platform that helps educators to create interesting and innovative learning experiences for students from any device.

January 2023: D2L introduced its Teaching and Learning studio, where professors, teachers, instructional designers, and education leaders can learn innovative and effective teaching methods.

9. Panopto

Panopto provides wide-ranging solutions for morning announcements, class capture, community engagement, student video assignments, online and hybrid education, and professional development. It is made to develop concentration, learning, and communication inside and outside the classroom.

April 2021: Panopto collaborated with K1 Investment Management, LLC, an investment firm that allowed Panopto to increase its services and technology and improve its operations in the education and enterprise markets.

10. SAMSUNG

SAMSUNG provides various educational display solutions inside and outside the classroom. Boxlight MimioConnect, by Samsung, helps in learning online and offline by acting as a mediator for better and more interesting learning experiences, such as polls and questions, with the help of interactive displays and educational software.

November 2022: The partnership between You Elementary School in South Korea and Samsung Electronics developed smart student classrooms. Edtech and smart classroom will help students learn how to use electronic equipment and provide support for modern IT devices, class consulting, and teacher training at schools.

Bright Days Ahead for the Edtech and Smart Classroom Industry due to Technological Advancements.

During COVID-19, edtech and smart classroom witnessed higher demand than before, and since then, it has grown. Social distancing and lockdown made distance learning interesting and innovative, which was welcomed by the teachers, students, and parents. Digital platforms for education gained more audience and attracted many companies to invest in the sector. The collaboration of companies led to the launch of new software and apps to make it easier for the teachers to keep track of their students, studies, and feedback. Communication was also made easy for teachers, students, and parents.