FYI, an new Education market outlook report by “MarketsandMarkets” expects the total smart education & learning market to grow from $121.53 billion in 2014 to $344.94 billion in 2019 at a CAGR of 23.2%.
See the Report summary below:
As technology continues to develop, it brings with it latest opportunities and challenges for educators and students. The biggest challenge for education institutions is the difficulty in adopting a secure infrastructure and the lack of digital fluency among institutions towards the latest technological trends.
The report "Smart Education & Learning Market” Forecast and Analysis (2014 - 2019) defines and segments the global smart education market into various sub-segments with an in-depth analysis and forecasting of market sizes. The report also identifies the factors driving this market, various restraints and opportunities impacting it along with the adoption trends.
Budget cuts continue to emerge for many K-12 and higher education institutions as they are largely dependent on state funding. Educational institutions lack IT governance which is essential for making the right decision while adopting products and software solutions.
The vendors in the smart education & learning market are constantly innovating and remodeling their current planning to build more proficient and modern information systems.
The vendors in the smart education & learning market are constantly innovating and remodeling their current planning to build more proficient and modern information systems.
Major vendors in the smart education & learning market are Blackboard, Smart Technologies, EduComp Solutions, Three Rivers Systems, NIIT Limited, Scholastic Corporation, Saba Software, Ellucian, Cisco Systems and Adobe Corporation among various others.
The major forces driving this market are emergence of digital education, progression of interactive learning systems, growth of educational apps, and online and blended learning.
The major forces driving this market are emergence of digital education, progression of interactive learning systems, growth of educational apps, and online and blended learning.
The education sector is no longer involved with the conventional form of teaching. The model of education has shifted and is now surrounded by digital technology.
Schools and universities permit students to bring their own devices making learning more engaging and interactive.
Schools and universities permit students to bring their own devices making learning more engaging and interactive.
MarketsandMarkets broadly segments the global smart education & learning market by regions: North America (NA), Asia Pacific (APAC), Europe Middle East and Africa (EMEA), and Latin America (LA); by products: hardware, software, services, educational content; by application: Prek-12, higher education, enterprise/business education, government, healthcare and others; by learning modes: self-paced e-learning, virtual classroom or webinars, mobile learning, collaboration based learning, social learning, simulation based learning and game based learning.
MarketsandMarkets forecasts the global smart education & Learning market to grow from $121.53 billion in 2014 to $344.94 billion in 2019. In terms of regions, North America is expected to be the largest market in terms of market size, while Europe and Asia-Pacific (APAC) are expected to experience an increase in market traction, during the forecast period. APAC is expected to experience a high growth rate and adoption trend in this market.
SIBE News: Urban Planet Mobile™
Sibling Group's Urban Planet Mobile and Rivers Media Group Announce Global Partnership To Deliver Music & Branded Entertainment
DURHAM, North Carolina, March 23, 2015 -- Sibling Group Holdings, Inc. (OTCQB: SIBE), (the "Company" or “Sibling Group”), an educational technology company, announced today that its subsidiary, Urban Planet Mobile™ (UPM) has entered into a global partnership with Rivers Media Group, LLC, a global music label and branded entertainment content provider.
Rivers Media Group Founder & CEO, Carmen Key, has a list of platinum hits under her belt stemming from her work with Roc Nation & today's elite in music. She has taken part in the development and success of careers like David Guetta, Selena Gomez, Flo Rida, Zendaya Coleman and more. Commenting on the partnership with Urban Planet Mobile, Carmen Key said, "I am thrilled to be joining forces with Urban Planet Mobile to deliver high quality music and entertainment to consumers around the world." Co-Founder and Chief Brand Officer, Sonia Jackson Myles rounds out the Rivers Media Group’s powerhouse team. Sonia is the author of the NAACP Image Award Nominated book titled, “The Sister Accord: 51 Ways To LOVE Your Sister” and has worked for major corporations such as Ford Motor Company, The Gillette Company, and The Procter & Gamble Company. She managed over $20 Billion in corporate spending during the span of her highly successful career, and now will bring her innovative leadership, purchasing, marketing, and media skills to this exciting partnership. Sonia Jackson Myles stated, "I love the innovative and disruptive nature of what our partnership represents. Urban Planet Mobile and Rivers Media Group have the ability to touch and inspire so many people around the world with our content."
“The Rivers Media Group has an incredible network of talent and brands to ensure a solid pipeline of offerings to consumers around the globe. I am really excited about working closely with Carmen, Sonia, and The Rivers Media Group Family," said Brian OliverSmith, Founder of Urban Planet Mobile and CEO of Sibling Group. He added, "This partnership is part of our next phase of domestic and international growth."
Urban Planet Mobile is winner of five global awards for mobile learning, including the 2011 GSMA Global Mobile Award for Best Mobile Learning Innovation, and operates the UPM education software platform. The platform leverages digital and mobile technologies to reach all people across the globe, particularly those with limited or non-existent access to high-quality education. With business in over 40 countries, Urban Planet Mobile is uniquely positioned to offer products for delivery across all mobile and digital platforms--from basic phone and smartphone to tablet and computer.
About Sibling Group Holdings, Inc.:
Sibling Group Holdings, is an educational technology company with two subsidiaries, the Blended Schools Network (BSN) and Urban Planet Mobile™ (UPM), together uniquely positioned in the burgeoning global eLearning and mEducation markets. BSN provides benchmark quality online curriculum for the K-12 marketplace, complete hosted course authoring tools, professional development for teachers and a learning management system (LMS) environment. UPM’s products and platform are utilized in over 40 countries and UPM remains one of the only education companies to offer products for delivery across all mobile and digital platforms.
For more information, visit www.siblinggroup.com
Sibling Group Announces Strategic Partnership for Global Growth
$3.75 Million Investment to Grow Business in China and other Markets
DURHAM, North Carolina, March 6, 2015 -- Sibling Group Holdings, Inc. (OTCQB: SIBE), (the "Company") or (“Sibling Group”), an educational technology company, announced the formation of a strategic partnership and completion of a $3.75 million funding from Shenzhen City Qianhai Xinshi Education Management Co., Ltd. ("Shenzhen Times"), a People’s Republic of China limited liability company and other accredited and institutional investors. The strategic investment is intended to accelerate Sibling’s growth and expansion into critical strategic markets around the world, including China.
Shenzhen Times is an international education management and consulting company with its main business in education management consulting, enterprise management consulting, development and sale of computer network systems and technologies, computer software, electronics products and communications products.
“With Sibling Group’s two recent acquisitions in Blended Schools Network and Urban Planet Mobile™, our next step is to secure the right funding mix to meet our aggressive growth targets,” said Sibling Group Chief Executive Officer Brian OliverSmith. “We believe this strategic partnership with Shenzhen Times is the optimal way to achieve our goals of broader and deeper expansion into new markets, including China, the largest market in the world for education technology, and a central component to our growth strategy. This is great news for Sibling Group and all our stakeholders.”
The deal comes on the heels of Sibling Group’s recent acquisitions of Blended Schools Network, a K-12 online and blended learning company serving about 160 U.S. School Districts, and Urban Planet Mobile™, an education technology company that specializes in the creation and distribution of educational content and services across all mobile and digital platforms—from basic phone and smartphone to tablet and computer.
Entering into collaboration with Shenzhen Times represents a significant step forward for Sibling Group as the Company aggressively grows its stake in the evolving global education landscape, particularly in strategic markets such as China.
Sibling Group Chairman Maurine Findley commented, “We are excited to take this important next step in positioning the Company for growth domestically and internationally. Our mission is to improve student outcomes in a cost effective manner and build value for all stakeholders. We are confident that our partnership with Shenzhen Times and its strategic investment should enable us to become a global leader in eLearning and mobile Education.”
The terms of the $3.75 million strategic investment will be included in the Company's Form 8-K which is being filed with the United States Securities and Exchange Commission regarding this partnership and transaction.
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