Indian Smart Classroom Hardware Industry is anticipated to grow at a CAGR of around 21% during the forecasted period 2017-2021, says RNCOS in its latest report.
The Smart Classroom Industry in India is experiencing a huge thrust in the number of sales because of the modern technology being adopted by schools, colleges and corporate. The schools nowadays prefer digital education over traditional education. The Government of India along with respective state governments have collaborated with private players to provide smart classroom solutions for the government, aided and tribal welfare schools in both urban and rural areas. These initiatives are proving to be the great support for the Indian Smart Classroom Industry and thus, it is expected to grow at a CAGR of around 21% during the forecasted period 2017-2021 to reach US$ 2.73 Billion by 2021.
The report “Booming Smart Class Room Market in India” highlights the government initiatives driving the smart classroom industry. The Government of India launched Digital India mission in order to provide the schools with the best possible digital education technology along with the efforts to reduce the hardware, software and content cost and thereby increase the affordability of schools and parents. For instance, National Digital Literacy Mission that has been initiated to impart IT training to 52.5 lakh persons including Anganwadi and ASHA workers and authorized ration dealers across the country which will enable them to contribute in the enhance the democratic and developmental livelihood.
Additionally, equal initiatives are being taken by the private players to support these government initiatives for digital literacy for instance, ConnectED Technologies has collaborated with Maharashtra Government in setting up 120 smart classrooms for 25,000 students under EkShiksha programme.
Thus, these programmes and initiatives for the education industry by both government and private players will help the nation to adapt to technology based learning. Therefore, the above mentioned factors are a huge asset for the developmental growth of Indian Smart Classroom Industry.
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