Integrating IoT (Internet of Things) in education transforms learning experiences through connected technologies. Educational institutions can create interactive and personalized learning environments by leveraging IoT devices. IoT enables real-time data collection, analysis, and feedback, allowing educators to tailor instruction to individual student needs. Connected technologies facilitate seamless communication, collaboration, and access to educational resources. This enhanced connectivity and interactivity in the classroom empower students to engage actively, explore new concepts, and gain a deeper understanding of the subject matter, ultimately improving their overall learning experiences.
According to Data Bridge Market Research, the Global IoT in Education Market is accounted at USD 8.13 billion in 2022 and is expected to reach USD 35.70 billion by 2030. The market is expected to grow with a CAGR of 17.87% in the forecast period of 2023 to 2030.
“Increased efficiency and effectiveness boost the market’s growth”
The IoT (Internet of Things) in education market is experiencing growth due to the increasing adoption aimed at improving efficiency. IoT technologies enable connectivity and data exchange between various devices and systems, facilitating automation and streamlining processes in educational institutions. Through the integration of IoT devices, schools can enhance security, manage resources effectively, monitor student performance, and create personalized learning experiences. This increased efficiency and effectiveness in education are driving the growth of the IoT in the education market.
What restraints the growth of the global IoT in education market?
“Limited by security and privacy concerns restraints the market’s growth”
The growth of the IoT (Internet of Things) in education market is limited by security and privacy concerns. The widespread deployment of IoT devices in educational settings raises apprehensions about data breaches, unauthorized access, and potential misuse of sensitive information. Educational institutions need to address these concerns by implementing robust security measures, ensuring data encryption, and adopting strict privacy policies. Failure to address these concerns adequately can deter the adoption of IoT in education, impeding the market's growth potential.
Segmentation: Global IoT in Education Market
The global IoT in education market is segmented on the basis of component, learning mode, application and end user.
- On the basis of component, the IoT in education market has been segmented into solutions, services, hardware.
- On the basis of learning mode, the IoT in education market has been segmented into collaborative learning, virtual instructor, simulation, adaptive, social, and blended.
- On the basis of application, the IoT in education market has been segmented into learning management system, classroom management, administration management, lecture capturing solutions, big data analytics , surveillance, others.
- On the basis off end user, the IoT in education market has been segmented into academic institutions, corporates, others.
Regional Insights: North America dominates the Global IoT in Education Market
North America dominates the market and will continue to flourish its trend of dominance during the forecast period due to significant technological advancements. Moreover, the entry of new competitors into the market and their successful competition against existing players are driving the subsequent growth in demand.
Asia-pacific will undergo the highest growth rate during the forecast period due to the escalating infrastructure costs associated with technology, there is a strong interest among parents and educational institutions in real-time monitoring solutions to track a child's progress. This infrastructure enables the adoption of stack solutions, providing real-time updates and insights.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-iot-in-education-market
Recent Developments
- In 2022, The US government unveiled its intention to introduce a cybersecurity labelling program for consumer IoT devices in order to protect individuals from data security risks.
- In 2021, IBM Corporation launched the "IBM Cloud for Education" solution, aimed at supporting academic computing, classroom instruction, and meeting diverse faculty and student learning needs. These initiatives will drive the adoption of application management solutions, resulting in improved performance within the education sector.
The Prominent Key Players Operating in the Global IoT in Education Market Include:
- SAP SE (Germany)
- Schneider Electric (France)
- Hitachi Vantara LLC (U.S.)
- Robert Bosch GmbH (Germany)
- Honeywell International Inc. (U.S.)
- Oracle (U.S.)
- Rapidsoft Technologies Pvt. Ltd. (India)
- CONSTRUKTS, Inc (U.S.)
- EZ-Robot (Canada)
- SAM Labs. (U.S.)
- SenseGiz (U.S.)
- Telefonaktiebolaget LM Ericsson (Sweden)
- Happiest Minds (India)
- Intel Corporation (U.S.)
- Scanmarker (Israel)
- IPEVO Inc. (U.S.)
- SMART Technologies ULC (Canada)
- Sonic Foundry (U.S.)
- Educomp Solutions Ltd, (India)
- Adobe (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of global IoT in education market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global IoT in Education Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
