As per this study the Global IoT In Education Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
IoT is a network of interconnected physical devices which helps the end user to transfer data from one device to another. Implementation of IoT in education sector enhances the education and provides lucrative value to the environment. Smart classrooms, where students can learn from tablets which are interconnected to classroom network and also the AI instructor, helps in learning more efficiently. It also enables the institution to track activities such as daily attendance, & also assist in learning management and performance management.
The increasing adoption of e-learning methods along with the rising use of connected devices in the education industry is stimulating the market growth. Additionally, increasing demand for cloud-based solutions and applications in the education industry is augmenting the market demand. However, concerns regarding data security and privacy for maintaining personal accounts in educational websites may hamper market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of IoT in education.
The broad IoT in education market has been sub-grouped into product and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Learning Management System
- Lecture Capture Solution
- Big Data Analytics
- Academic Devices
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for IoT in education in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global IoT In Education Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the IoT in education market include Cisco Systems Inc., Educomp Solutions, Hitachi Ltd., IBM Corporation, Pearson Plc, Promethean Plc, Samsung Electronics Co. Ltd., Sap Se, Smart Technologies, and Tata Interactive Systems. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.