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Global IoT in Education Market – Industry Trends and Forecast to 2028

  • ICT
  • Upcoming Report
  • Feb 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • ICT
  • Upcoming Report
  • Feb 2021
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global IoT in Education Market, By Hardware (Interactive Whiteboards, Tablets and Mobile Devices, Displays, Security and Video Cameras and Others), Component (Solutions and Services), Application (Learning Management System, Administration Management, Surveillance and Others), End User (Academic Institutions, Corporates and  Others), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

IoT in Education Market Market Analysis and Insights : Global IoT in Education Market

The IoT in education market is expected to exhibit a CAGR of 14.22% for the forecast period of 2021-2028. Currently standing at the market value of USD 6.01 billion, the market value would henceforth increase to USD 17.42 billion by the end of the forecast period.

Emergence and adoption of IoT in education market has revolutionized the education system. The system enhances the operational efficiency and effectiveness and cuts down the slack time. With the introduction of this the systems of an institution, the work can be undertaken with better coordination. In simpler terms, IoT, which stands for Internet of Things, is a system wherein a range of devices are connected to the internet and information is exchanged between them by a single touch with the human intervention. Thus, IoT in education sector involves a system wherein the smart lights, locks, thermostats, doorbells and speakers can be centrally operated via internet.

Presently, the biggest factor propelling the growth of IoT in education market is the coronavirus breakout. The educational institutions have readily adopted and installed the required systems with a view to continue teaching the syllabus without any hindrances. Also, the increased use of internet globally has contributed to the growth of IoT in also every industry especially in education. Another reason for the increasing adoption of IoT in education market is that it allows the deployment of learning management system (LMS) which enables the course instructor to keep the record of the syllabus and monitor the performance of the student. A student can also in turn access the required information anytime and anywhere with the help of this system. The seamless flow of information is another attractive point of IoT.

However, there exist a few restraints to the growth of this market. Security and privacy is the major issue.  The financial information of an institution can be compromised and hacked by someone. Inadequate technological infrastructure can be one of the reasons for the financial information being compromised. The third party risks such as operational transaction, compliance and legal issues can emerge as challenges for the market due to limited access over data.

This IoT in education market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on IoT in education market, contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global IoT in Education Market Scope and Market Size

IoT in education market is segmented on the basis of hardware, component, application and end-users. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

  • On the basis of hardware, the IoT in education market is segmented into interactive whiteboards, tablets and mobile devices, security and video cameras and others.
  • On the basis of component, the IoT in education market is segmented into solutions and services. Solutions can be further sub-segmented into network management, device management, application management, security management and others. Services segment is also further bifurcated into training and consulting, deployment and integration and support and maintenance.
  • The IoT in education market is segmented into learning management system, administration management, surveillance and others on the basis of application.
  • Academic institutions, corporates and others are the segments of the IoT in education market on the basis of end users.

IoT in Education Market Country Level Analysis

IoT in education market is analysed and market size, volume information is provided by country, hardware, component, application and end user as referenced above.

The countries covered in the IoT in education market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC)  in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America holds the largest market share in this regard due to high level of technological advancement. Moreover new players entering into the market and tackling the competition efficiently is helping in booming the demand subsequently. Asia-pacific region will witness the highest growth rate for the forecast period because of the increasing expenditure on technological infrastructure. Also, the real-time stacking solutions provided by the adoption of this infrastructure are high in demand by the parents as well as the institutes so as to monitor the performance of the child.

The country section of the IoT in education market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and IoT in Education Market Share Analysis

IoT in education market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to IoT in education market.

The major players covered in the IoT in education market report are Hitachi Vantara Corporation, Rapidsoft Technologies Pvt. Ltd., CONSTRUKTS, Inc., EZ-Robot, Novel Effect, SAM Labs., Bosch.IO GmbH, Oracle, SenseGiz Inc., Honeywell International Inc., Schneider Electric, Telefonaktiebolaget LM Ericsson, Happiest Minds, EVRYTHNG, Adobe., Educomp Solutions Ltd, Intel Corporation, Scanmarker LLC., IPEVO Inc., SMART Technologies ULC and Sonic Foundry among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.


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