IoT in Education Market By Offering (Hardware, Software, Service), By Application (Learning Management System, Classroom Management, Administration Management, Others), By End-User (K-12, Higher Education, Corporate): Global Opportunity Analysis and Industry Forecast, 2023-2032
The Internet of Things offers a broad range of applications in the field of education, which is transforming traditional educational practices as well as enhancing the learning experience for students, teachers, and educational institutions. Moreover, IoT help to provide smart campuses by implementing connected systems for security, energy management, and maintenance. For example, connected security cameras, smart lighting, and automated heating systems can improve campus security and reduce energy costs. Moreover, IoT devices and platforms can foster collaboration among students and educators, allowing for real-time communication, file sharing, and collaborative project work.
The growth of the IoT in education market is majorly driven by development of wireless networking technologies, increase in cloud platform adoption, and advent of advanced data analytics & data processing drives the growth of the market. The advent of advanced data analytics and data processing are driving the growth of the market. In addition, the increase in adoption of advanced technologies such as AR/VR in education sectors is fueling the growth of the market. However, high costs associated with implementation and maintenance of IoT platform and increase in security and privacy concerns among sectors limit the growth of this market. Conversely, reduction in cost of connected devices is anticipated to provide numerous opportunities for the expansion of the IoT in education market during the forecast period.
The global IoT in education market is segmented into offering, application, end-user, and region. Depending on the offering, the market is divided into hardware, software, and services. By application, it is divided into learning management system, classroom management, administration management and others. Based on end-user, it is categorized into K-12, higher education and corporate. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The operating key players in the IoT in education market are Google LLC, SAP SE, IBM Corporation, Cisco Systems Inc., Amazon Web Services, Inc., Oracle Corporation, Huawei Technologies Co. Ltd., Microsoft Corporation, Intel Corporation and RapidSoft Technologies Pvt. These players have adopted various strategies to increase their market penetration and strengthen their position in the industry.
Key Benefits for StakeholdersThe study provides an in-depth analysis of the global IoT in education market forecast along with the current & future trends to explain the imminent investment pockets.
Information about key drivers, restraints, & opportunities and their impact analysis on global IoT in education market trends is provided in the report.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.
The quantitative analysis of the market from 2022 to 2031 is provided to determine the market potential.
Technology Trend Analysis
Strategic Recommedations
SWOT Analysis
Key Market SegmentsBy OfferingHardware
Software
Service
By ApplicationLearning Management System
Classroom Management
Administration Management
Others
By End-UserK-12
Higher Education
Corporate
By RegionNorth America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market PlayersSAP SE
IBM Corporation
Amazon Web Services, Inc.
Intel Corporation
Rapidsoft Technologies Pvt. Ltd.
Cisco Systems Inc.
Microsoft Corporation
Google LLC
Oracle Corporation
Huawei Technologies Co. Ltd.
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