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Smart education uses latest technology for providing best and innovative based learning methodologies. This is must for the study and ethical practice of facilitating learning and improving performance by creating, using and managing appropriate technological processes and resources. Learning in school and colleges has become more innovative and integrated with smart education.The education sector is involved with unconventional teaching methods. Model of education has now shifted to digital technology. Schools and colleges provide their learning which includes devices and making learning engaging and interactive. This also enhances efficiency of modern information systems and builds proficient learning platforms. The smart education and learning market grows from almost $105.23 Billion in 2015 to $446.85 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 24.4%. In terms of regions, North America is expected to be the largest market in terms of market size, while Europe is expected to experience an increase in market traction, during the forecast period.Assistive and learning systems cause teachers to deliver enhanced education in the classrooms. The constant progression of technology from education at schools and colleges offers educators to construct classrooms, electronic roll calls, and real time online services etc. which are interactive and collaborative permeating exclusively through web services. In these devices Smart Board is an interactive whiteboard with touch detection for user in the same way as normal PC input devices. The online learning is a method of delivering educational information via the internet instead of in a physical classroom. There are many different applications for online learning, ranging in scope from simple downloadable content (like iTunes U) through to structured programs that include assessment and award. Also included with smart education is new concept of Instructional Technology (IT) which is concerned with improving the efficiency of instructions involving designed instruction (including activity from needs assessment to evaluation) to applying learning theory in instructional based designs. On the basis of smart education initiatives the integration of all the devices and learning systems cannot become overall effective in a day and verification of such services needs time, effort and finances. With the help of government and private players entering education sector there is a lot of commerce and correspondence in this regard which would be influential and exhilarating. Innovation in smart education would definitely relay and rely on educational openness or liberal based learning advances by teachers and educational institutions.