Global IoT in Education Market Size, Share & Industry Trends Analysis Report By Offering, By Services Type, By Products Type, By End User, By Regional Outlook and Forecast 2021 – 2028
he 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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The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans. The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the IoT in Education market.
Some players analyzed in the report are:
IBM, Cisco Systems, Inc., Intel Corporation, Google, Amazon Web Services (AWS), Oracle Corporation, Microsoft Corporation, Huawei Technologies Co., Ltd., Samsung, and SAP SE.
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The report further covers comprehensive SWOT analysis and Porter’s Five Forces analysis to offer a complete understanding of the competitive landscape and scenario of each market player. The report also provides an in-depth analysis of the applications and product types offered in the market.
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)
Application Outlook (Revenue, USD Billion; 2018–2028)
Learning Management System
End-use Outlook (Revenue, USD Billion; 2018–2028)
On the basis of regional analysis, the market is segmented into the following regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The market is expected to be dominated by North American nations closely followed by European countries. Asia Pacific is expected to show a significant growth owing to recent advancements and rising investments in the R&D sector.
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Key Highlights 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.
Radical Features of the IoT in Education Market Report:
The report encompasses IoT in Education market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the IoT in Education industry
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