Market Overview:
The global IoT in education market is expected to grow at a CAGR of over 16% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing adoption of IoT in academic institutions and corporates for various applications such as smart campus, smart learning, and others. Additionally, factors such as rising demand for connected devices and growing awareness about the benefits of using IoT-enabled devices are also contributing to the growth of this market. The hardware segment is expected to hold a major share of the global IoT in education market during the forecast period. This can be attributed to increasing demand for connected devices among students and educators for various applications such as e-learning, online examination, etc.
Product Definition:
The Internet of Things (IoT) is the network of physical objects or "things" that are embedded with electronics, software, sensors, and network connectivity that enables these objects to collect and exchange data. The IoT has the potential to change how we live, work, learn and play.
In education specifically, IoT can be used in a variety of ways to improve teaching and learning experiences.
-Smartboards can be used in classrooms to provide real-time feedback on student performance or as a collaborative tool for students working together on projects.
-Internet-connected devices such as thermostats or lightbulbs can be used to create 'smart' classrooms that adjust lighting or temperature levels automatically based on occupancy or time of day.
-'wearable' technology such as fitness trackers can be integrated into physical education classes to monitor student activity levels.
Hardware:
Hardware is the part of technology that supports and enables communication between machines. It includes devices like modems, routers, switches, printers etc. The hardware used in IoT in education market has different components like sensors (including physical), actuators (including mechanical), controllers and networking devices which are used to build smart classrooms or intelligent buildings for effective management of teaching & learning process by using data & information generated from connected classrooms and students’ individual data respectively.
Solutions & Services:
Solution & Services is a combination of software and hardware, which helps the educational institutes to implement IoT in their classrooms. It provides an easy interface for data collection, storage, analysis and reporting. The Solution & Services are used by the education sector including K-12 schools; universities; community colleges; trade schools and degree colleges among others.
Application Insights:
The academic institutions segment dominated the market in 2017 and accounted for more than 50.0% share of the global revenue. The growth can be attributed to a large number of initiatives undertaken by governments, educational institutions, and technology companies to connect classrooms with the real world through digital devices such as sensors and cameras. For instance, Microsoft has collaborated with over 1 million teachers worldwide to make sure that every student in class can complete at least 20 minutes of daily homework using its Surface Pro 4 tablets and laptops equipped with Windows 10 IoT edition operating system.
The corporate sector is expected to witness significant growth over the forecast period owing to increasing demand from businesses for solutions & services that enable themto reduce costs associated with operations while improving their productivity levels by leveraging advanced technologies such as machine learning, big data analytics, cloud computingand internet-of-things (IoT).
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing adoption of IoT technologies in countries such as China, India, Japan, and South Korea. The growing number of smart cities initiative by various governments across these countries will further boost the growth of IoT-based solutions in this region. For instance, The Government of India has planned to build 100 smart cities by 2020 with advanced infrastructure & services for urban residents along with promoting economic development through innovative use cases supported by advanced technology integration.
The European regional market is anticipated to grow at a significant pace over the forecast period owing to increased funding from government agencies and educational institutions coupled with rising awareness among students regarding potential application areas associated with IoT technologies Such as healthcare monitoring & management systems using wearables or connected cars using vehicle-to-vehicle communication networks).
Growth Factors:
- Increased demand for personalized learning: The traditional education system is not catering to the needs of every student. With IoT in Education, educators can now track and monitor the progress of each student and provide them with customized learning programs that suit their needs. This will help improve the overall quality of education.
- Improved safety and security: Schools are often targets for criminals and terrorists due to the large number of people present in a single location. With IoT in Education, schools can use smart sensors to detect any unusual activity or behavior and take appropriate action quickly. This will help improve safety and security for students, staff, and visitors alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
IoT in Education Market Research Report
By Type
Hardware, Solutions & Services
By Application
Academic Institutions, Corporates
By Companies
Google (US), Amazon Web Services (US), IBM (US), Microsoft (US), Oracle (US), Intel (US), Cisco (US), SAP (Germany), Huawei (China), Arm (UK), Unit4 (Netherlands), Samsung (South Korea)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global IoT in Education Market Report Segments:
The global IoT in Education market is segmented on the basis of:
Types
Hardware, Solutions & Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Academic Institutions, Corporates
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Google (US)
- Amazon Web Services (US)
- IBM (US)
- Microsoft (US)
- Oracle (US)
- Intel (US)
- Cisco (US)
- SAP (Germany)
- Huawei (China)
- Arm (UK)
- Unit4 (Netherlands)
- Samsung (South Korea)
Highlights of The IoT in Education Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hardware
- Solutions & Services
- By Application:
- Academic Institutions
- Corporates
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the IoT in Education Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
IoT in education refers to the use of technology in teaching and learning. It can encompass a variety of technologies, including sensors, software, and hardware that allow educators to track student data and monitor their progress. IoT can also help teachers create custom curriculums based on individual studentsu2019 needs.
Some of the major companies in the iot in education market are Google (US), Amazon Web Services (US), IBM (US), Microsoft (US), Oracle (US), Intel (US), Cisco (US), SAP (Germany), Huawei (China), Arm (UK), Unit4 (Netherlands), Samsung (South Korea).
The iot in education market is expected to register a CAGR of 16%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 IoT in Education Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 IoT in Education Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 IoT in Education Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the IoT in Education Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global IoT in Education Market Size & Forecast, 2018-2028
4.5.1 IoT in Education Market Size and Y-o-Y Growth
4.5.2 IoT in Education Market Absolute $ Opportunity
Chapter 5 Global IoT in Education Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 IoT in Education Market Size Forecast by Type
5.2.1 Hardware
5.2.2 Solutions & Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global IoT in Education Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 IoT in Education Market Size Forecast by Applications
6.2.1 Academic Institutions
6.2.2 Corporates
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global IoT in Education Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 IoT in Education Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America IoT in Education Analysis and Forecast
9.1 Introduction
9.2 North America IoT in Education Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America IoT in Education Market Size Forecast by Type
9.6.1 Hardware
9.6.2 Solutions & Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America IoT in Education Market Size Forecast by Applications
9.10.1 Academic Institutions
9.10.2 Corporates
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe IoT in Education Analysis and Forecast
10.1 Introduction
10.2 Europe IoT in Education Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe IoT in Education Market Size Forecast by Type
10.6.1 Hardware
10.6.2 Solutions & Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe IoT in Education Market Size Forecast by Applications
10.10.1 Academic Institutions
10.10.2 Corporates
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific IoT in Education Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific IoT in Education Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific IoT in Education Market Size Forecast by Type
11.6.1 Hardware
11.6.2 Solutions & Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific IoT in Education Market Size Forecast by Applications
11.10.1 Academic Institutions
11.10.2 Corporates
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America IoT in Education Analysis and Forecast
12.1 Introduction
12.2 Latin America IoT in Education Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America IoT in Education Market Size Forecast by Type
12.6.1 Hardware
12.6.2 Solutions & Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America IoT in Education Market Size Forecast by Applications
12.10.1 Academic Institutions
12.10.2 Corporates
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) IoT in Education Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) IoT in Education Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) IoT in Education Market Size Forecast by Type
13.6.1 Hardware
13.6.2 Solutions & Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) IoT in Education Market Size Forecast by Applications
13.10.1 Academic Institutions
13.10.2 Corporates
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 IoT in Education Market: Competitive Dashboard
14.2 Global IoT in Education Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Google (US)
14.3.2 Amazon Web Services (US)
14.3.3 IBM (US)
14.3.4 Microsoft (US)
14.3.5 Oracle (US)
14.3.6 Intel (US)
14.3.7 Cisco (US)
14.3.8 SAP (Germany)
14.3.9 Huawei (China)
14.3.10 Arm (UK)
14.3.11 Unit4 (Netherlands)
14.3.12 Samsung (South Korea)
