IoT in Education Market Key Highlights:
- Market Size (2024): USD 5.41 Billion
- Projected Market Size (2034): USD 15.08 Billion
- CAGR (2023-2034): 10.8%
Pricing Analysis:
- Price Growth
- Regional Variations
Market Historic Sales
- Total sales volume, year-over-year growth, product categories, and market share.
Revenue Estimation
- Forecasting future revenues based on historical data, market trends, and economic indicators.
Sales by Region
- Breakdown of sales performance across different geographical areas.
Revenue by Manufacturer
- Analysis of revenue contributions from different manufacturers in the market.
IoT in Education Market
The IoT in education market is an integral sector of the educational industry. This industry deals in providing IoT-based educational solutions across the world. The various components of this market include hardware, software, and services. These solutions help enhance security, improve data collection and analysis, and streamline learning processes. Trends in IoT solutions include smart attendance, intelligent classrooms, and personalized learning. This market is expected to rise significantly with the growth of the ICT & media industry around the globe.
The growing trend of learning management systems and classroom management among the people has driven the market growth. Also, the rising demand for IoT in education solutions from higher education and the K-12 sector is anticipated to impact the industry positively. Moreover, the rising emphasis on collaborative learning, along with the growing adoption of virtual instructors in educational institutions, is expected to boost the growth of the IoT in education market.
The advancements in personalized learning technologies along with developments associated with attendance automation is expected to create ample growth opportunities for the market players in the future. In August 2024, Amrita Vishwa Vidyapeetham collaborated with MathWorks. This collaboration is done to enhance IoT-based education across India.
IoT in Education Market Segmentation:
By Type
- Hardware
- Solutions & Services
By Application
- Academic Institutions
- Corporates
IoT in Education Market Companies:
- Google (US)
- Amazon Web Services (US)
- IBM (US)
- Microsoft (US)
- Oracle (US)
- Intel (US)
- Cisco (US)
- SAP (Germany)
- Huawei (China)
- Arm (UK)
- Unit4 (Netherlands)
- Samsung (South Korea).
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