The global IoT in education market size is expected to reach USD 25.42 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for advanced eLearning among educational institutes, which enables students to work at their own pace through the curriculum. This enhances learning experience and the course-completion rate helps in better student assessment. Instructors can collect data on student performance with the help of cloud technology, and IoT in the education sector allows teachers to share and collaborate information and feedback with each other. Increasing investment by educational institutes for obtaining efficient network for data transmissions, data storage, and data analysis to enhance the e-learning ecosystem is expected to boost growth of IoT in the education sector.
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Rising demand for smart classes which facilitate an immersive learning experience and helps in enhancing the effectiveness of the process via a variety of engaging media is expected to drive growth of the IoT in education market. Increasing initiatives by governments in various countries regarding the launch of smart classes is projected to contribute to further advancements in the education sector.
The report offers a complete analysis of the global IoT in Education market on a global and regional scale and offers a forecast for the market for 8 years. The report provides extensive coverage of the market drivers, restraints, limitations, growth prospects, threats, opportunities, and current and emerging trends in the market. The report also offers an in-depth analysis of the market players along with their business overview, product portfolio, technological advancements, expansion plans, financial standing, and global position. It also sheds light on the collaborations in the competitive landscape, such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, corporate and government deals, licensing agreements, and others.
Key players involved in the market such as IBM, Cisco Systems, Inc., Intel Corporation, Google, Amazon Web Services (AWS), Oracle Corporation, Microsoft Corporation, Huawei Technologies Co., Ltd., Samsung, and SAP SE.
Emergen Research has segmented the global IoT in Education market on the basis of component, application, end-use, and region:
Component Outlook (Revenue, USD Billion; 2018–2028)
Hardware
Service
Solution
Application Outlook (Revenue, USD Billion; 2018–2028)
Administration Management
Learning Management System
Classroom Management
Surveillance
Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
Academic Institutions
Corporate
Key Findings from the Report:
In October 2020, Tech giant Microsoft partnered with AICTE to empower learners and educators in new-age technologies, including AI, IoT, data science, and cloud computing technologies. The collaboration will also provide educators access to online learning paths and instructor-led training material through the Microsoft Learn for Educators platform.
Hardware segment accounted for largest revenue share in 2020. Educational institutions are embracing technology for schools more readily and increasing adoption of interactive whiteboards, smart pens, and tablets to enhance the distribution of learning material.
Classroom management segment revenue is expected to expand at a rapid CAGR during the forecast period. IoT solutions improve class management and learning protocols with the help of smart technologies, which are available in a classroom.
ToC of the report:
Chapter 1: Market overview and scope
Chapter 2: Market outlook
Chapter 3: Impact analysis of COVID-19 pandemic
Chapter 4: Competitive Landscape
Chapter 5: Drivers, Constraints, Opportunities, Limitations
Chapter 6: Key manufacturers of the industry
Chapter 7: Regional analysis
Chapter 8: Market segmentation based on type & applications
Chapter 9: Current and Future Trends
Global IoT in Education Market Geographical Landscape – Synopsis:
The report closely studies the growth trajectory of the global IoT in Education market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market.
Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
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About Us:
At Emergen Research, we believe in advancing with technology. We are growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.
