Examining IoT in Education Market Growth and Size for Strategic Decision-Making
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. 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.
This market intelligence assessment report weighs up on the potential region that reserves greater opportunities for this industry. Importantly, subject matter experts have taken into account every critical aspect right from the market size, share, and growth to the dramatic shift in the consumer behaviour and their growing spending capacity. The industry assessment study depicts a perfectly clear picture of both the past and the future trends to offer the stakeholders, business owners, and marketing executives an opportunity to zero in on an effective marketing strategy and boost sales.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the IoT in Education market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
The leading market contenders listed 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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Emergen Research has segmented the global IoT in Education market on the basis of type, application, end-use, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2018–2028)HardwareServiceSolution
- Application Outlook (Revenue, USD Billion; 2018–2028)Administration ManagementLearning Management SystemClassroom ManagementSurveillanceOthers
- End-use Outlook (Revenue, USD Billion; 2018–2028)Academic InstitutionsCorporate
The various regions analyzed in the report include:
- 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
- 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
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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