Dive Brief:
- A new market study by Futuresource Consulting finds global classroom spending on education technology reached $13 billion last year.
- This is an 11% increase from 2012, and the report predicts that spending will continue to increase, hitting $19 billion in 2018.
- The study focuses on classroom technologies such as mobile PC devices, classroom displays like projectors and SMART Boards, and additional tech like voting systems and voice amplification devices. PC devices — such as laptops, netbooks, and tablets — accounted for 62% of total spending.
Dive Insight:
According to Colin Messenger, the senior market analyst for Futuresource Consulting, "Despite a lull in some technology markets, education technology continues to perform, even with pressure being applied to education budgets across the world."
In a press release, Messenger said that as the education technology market continues to expand, focus should shift from hardware to "software, content, infrastructure and services."