Education Computing Devices Market Expected to Reach $368.1 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Education Computing Devices Market," The education computing devices market size was valued at $101.3 billion in 2022, and is estimated to reach $368.1 billion by 2032, growing at a CAGR of 14.1% from 2023 to 2032.

Educational computer devices are devices that have been specifically built and optimized for educational use. Students, professors, and educational institutions use these devices to enhance digital learning, interactive experiences, and the acquisition of knowledge and skills. Laptops, tablets, interactive whiteboards, e-readers, educational robots, programmable microcontrollers, and other related technologies are examples of educational computing devices. They are equipped with learning-enhancing features and functionalities including instructional software, connectivity options, multimedia capabilities, and specific educational apps. These gadgets are essential for digital education, individualized learning, collaborative activities, and access to educational materials and tools.

The global education computing device market has grown significantly, with schools and institutes investing substantial amounts in computers, software, Internet connections, and other instructional technologies. Governments frequently play an active role in providing or subsidizing investment in computer and Internet connectivity through programs such as the E-rate program in the U.S. and the Home Connectivity Programs in England. Furthermore, one-to-one laptop or tablet programs, in which each student is given a computer, are becoming more widespread in schools. These trends show increasing investment in and integration of technology in the education sector, which is driving the growth of the education computing devices market growth.

However, some of the disadvantages of the digital divide and inequities in access to educational computing devices can hinder equal educational opportunities. Students from deprived backgrounds or marginalized communities may lack access to the necessary devices and Internet connectivity, intensifying existing educational inequalities. Ensuring equitable access to educational computing devices for all students remains a challenge that needs to be addressed. Education computing devices can become outdated quickly due to rapid advancements in technology. Educational institutions need to continuously invest in updating devices and software to keep up with the evolving needs and demands of the digital learning environment. This can pose financial challenges and create concerns about the sustainability of investments in education computing devices.

The market for educational computing devices is expanding owing to ongoing technological developments such better processing speed, more storage space, and greater connectivity. These developments enable the creation of more potent and adaptable technology that can support sophisticated educational applications and provide seamless user interfaces. IoT refers to the network of interconnected physical devices embedded with sensors, software, and connectivity, allowing them to collect and exchange data. Also, the Internet of Things (IoT) idea is applicable to educational computing devices because it refers to a network of devices that are equipped with sensors, software, and connection. Because of this interconnection, educational gadgets can collect and exchange data, allowing for improved educational experiences and individualized learning opportunities.

The education computing devices market share is segmented on the basis of product type, end user, and region. By product type, it is classified into smartphones, laptops, tablets, and others. By end-user, it is classified into primary, secondary, and higher secondary. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the education computing devices market analysis report include Acer Inc., Apple Inc., ASUSTeK Computer Inc., Dell Technologies, Hewlett-Packard Development Company, Lenovo, OPPO, Samsung Electronics, Vivo Mobile Communication Co., Ltd., and Xiaomi Corporation.

The report offers a comprehensive analysis of the global education computing devices market trends by thoroughly studying different aspects of the market including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working towards the growth of the market. The report also highlights the present scenario and upcoming trends & developments that are contributing toward the growth of the market. Moreover, restraints and challenges that hold power to obstruct the market growth are also profiled in the report along with the Porter’s five forces analysis of the market to elucidate factors such as competitive landscape, bargaining power of buyers and suppliers, threats of new players, and emergence of substitutes in the market.

Impact of COVID-19 on the Global Education Computing Devices Industry

• The COVID-19 pandemic brought about increased mental health issues among students. The uncertainty, fear, and disruption caused by the crisis had adverse effects on the emotional well-being of students, leading to higher rates of anxiety, depression, and stress.
• The disruption caused by the pandemic resulted in significant learning loss for many students. The challenges of remote learning, reduced instructional time, and limited support systems impacted academic progress and skill development, particularly for students who lacked the necessary resources and support at home.
• In the post-pandemic period, the demand for hybrid educational paradigms is emerging. Learning is becoming more accessible, efficient, inclusive, and intuitive as educational institutions incorporate new methodologies. Regardless of locale, hybrid education models can accommodate to student needs and facilitate the development of newer skill sets among learners. Therefore, the educational technology industry has emerged as the most important facilitator in the educational sector, from elementary schools to higher education institutions.

Key Findings of the Study

• Based on product type, the smartphones sub-segment emerged as the global leader in 2022 and is anticipated to be the fastest-growing during the forecast period.
• Based on end user, the higher secondary sub-segment emerged as the global leader in 2022 and is predicted to show the fastest growth in the upcoming years.
• Based on region, North America registered the highest market share in 2022 and is projected to maintain its position during the forecast period.