Technavio Announces the Publication of its Research Report Global Interactive Response Systems Market 2016-2020
Technavio recognizes the following companies as the key players in the global interactive response systems market: Dell, Macmillan Learning, Option Technologies International, Promethean World, and Turning Technologies.
Other Prominent Vendors in the market are: Elmo, KP1, LLaborate, BOXLIGHT, QOMO, Qwizdom, SMART Technologies, and Top Hat.
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Commenting on the report, an analyst from Technavios team said: The educational institutions are giving prominence to m-learning as it helps them deliver e-learning course materials to handheld device of students or to facilitate blended learning. The opportunity to develop online learning content that can be accessed through mobile devices is being fully used.
According to the report, better formative assessment techniques will drive this market. A lot of educational institutions are using interactive response systems primarily for formative assessments. In traditional teaching methods, instructors judge the effectiveness of teaching through the grades scored by students in examinations. However, institutions are now switching to the most real-time assessment of student performance accompanied with adjustment of instruction techniques after analyzing responses.
Further, the report states that high cost of implementation is hindering the growth of this market. In most regions, interactive response systems are still used in the form of devices, which must be purchased by students at an additional cost. In a typical device-based setup, students are required to spend over $50 to purchase the device. This is an additional out-of-pocket cost, which they incur apart from regular fees and other related costs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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About Interactive Response Systems
Interactive response systems, also known as student response systems, audience response systems, and clickers, are a combined package of software and hardware. These systems integrate IT with everyday classroom activities to ensure consistent and seamless interactions during lecture sessions.
Technavios analysts forecast the global interactive response systems market to grow at a CAGR of 30.07% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global interactive response systems market for 2016-2020. To calculate the market size, the report considers the revenue generated from the schools and higher education institutions from the two segments that include devices, and technology. The report also covers the revenue generated across the geographies of North America, Europe, APAC, and ROW.
The market is divided into the following segments based on geography:
Technavio’s report, Global Interactive Response Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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