The 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.
The Iot In Education Market report covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.
Rising demand for smart classes which facilitate an immersive learning experience and helps in enhancing the effectiveness of the process via a variety of engaging media is expected to drive growth of the IoT in education market. Increasing initiatives by governments in various countries regarding the launch of smart classes is projected to contribute to further advancements in the education sector.
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This study relies on the evolution of the industry to derive the trends that are observed. A significant increase in the global market is visible, which promises the expansion of the market in the coming years.
The major manufacturers covered in this report:
IBM, Cisco Systems, Inc., Intel Corporation, Google, Amazon Web Services (AWS), Oracle Corporation, Microsoft Corporation, Huawei Technologies Co., Ltd., Samsung, and SAP SE
Segments Covered in this report are:
- 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
This report strategically examines the micro-markets and brings to light the impact of technology upgrades on the performance of the IoT in Education market.
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The study on the IoT in Education market further blends in the best of both primary and secondary research to estimate and verify the current status of import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide.
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