Global education technology spend up 11%29 August 2014
The global spend on education technology within classrooms reached $13 billion last year, up 11% on 2012, according to a new market study from Futuresource Consulting.
The study explores mobile PC devices, classroom displays and complementary devices to reveal that the market will continue to rise in value. It is expected to reach $19 billion by 2018, a CAGR of 8% from 2013 to 2018.
This increase has been primarily driven by the uplift in the mobile PC, now accounting for 62% of spend. Some 1.4 million displays and 1 million interactive whiteboards were sold in 2013. Interactive flatpanels experienced a four-fold increase.
It is very difficult for schools to make a five-year technology strategy. Just a few years ago the decision was much easier. Now there is confusion with the plethora of choices vying for the same budgets. Schools need to ensure that decisions taken today will not be wasted money in a few years time.
To find out more about the current state of the education technology sector, visit InstallMarket on 4 September at the Business Design Centre in London. Futuresource’s Colin Messenger will be chairing a panel entitled ‘Not Your Father’s Classroom; Not Your Mother’s Campus. For more information and to register for FREE visit www.install-market.com