The latest research report by Emergen Research, named ‘Global IoT in Education Market - Forecast to 2032 The report offers an accurate forecast estimation of the IoT in Education Market industry based on the recent technological and research advancements. The study involves the use of efficient analytical tools like SWOT analysis and Porter’s Five Forces to inspect the strengths, weaknesses, opportunities, and threats associated with the growth of the various market segments. The report provides crucial details, such as the market shares of the key players, which help the reader attain a comprehensive outlook of the IoT in Education Market .
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.
The integration of Internet of Things (IoT) technology in the education sector is transforming traditional teaching and learning methods, ushering in a new era of connected classrooms and personalized learning experiences. The IoT in education market encompasses a wide range of applications, including smart classrooms, campus management systems, wearable devices, and interactive learning tools. By leveraging IoT devices and sensors, educational institutions can collect real-time data, automate processes, and enhance collaboration among students and teachers.
Drivers of IoT in Education Market
Several factors are driving the adoption of IoT technology in the education sector. One significant driver is the increasing demand for innovative teaching methods that engage students and cater to diverse learning styles. IoT-enabled devices such as interactive whiteboards, smart projectors, and virtual reality headsets provide immersive learning experiences that capture students' attention and promote active participation. Additionally, the growing emphasis on data-driven decision-making in education has fueled the adoption of IoT solutions for student performance tracking, learning analytics, and personalized learning pathways.
Major Companies and Competitive Landscape
The IoT in Education Market is fairly consolidated with a few small and medium-sized market players accounting for majority of revenue. Major players are deploying various strategies, entering into mergers and acquisitions, strategic agreements and contracts, developing, testing, and introducing more effective in the market. Some major players included in the market 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.
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/iot-in-education-market
Key inclusions of the IoT in Education Market report:
COVID-19 effects on growth figures.
Statistical analysis pertaining to market size, sales volume, and overall industry revenue.
Organized mentions of major market trends.
Growth opportunities.
Figures showcasing market growth rate.
Advantages and disadvantages of direct and indirect sales channels.
Insights regarding traders, distributors, and dealers present in the industry.
Covid impact analysis:
The study on the Global IoT in Education Market is the latest report covering the impact analysis of the currently ongoing COVID-19 pandemic. The report provides a detailed outlook on how the pandemic has affected the key segments of the IoT in Education Market industry. The report includes an in-depth impact analysis of the COVID-19 pandemic on the overall IoT in Education Market industry. The pandemic has directly affected the market by causing disruptions in the global supply chains and indirectly by inducing financial difficulties The IoT in Education Market has witnessed dynamic changes in trends and demands owing to the ongoing COVID-19 pandemic.
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IoT in Education Market Segment Analysis
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
Regional Analysis of the IoT in Education Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:
- Analysis and estimation of the IoT in Education Market size and share for the projected period of 2022-2030
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Strategic recommendations to help readers formulate lucrative business strategies
- Identification of the emerging players and their tactical approaches to expand market presence
- An extensive study of the product portfolios of the major market players and their regional presence
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global IoT in Education Market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
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About Emergen Research
Emergen Research is a Market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market.
