IoT in Education Market Size, Share, Trends, Growth and Forecast 2020 – 2028


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 educati

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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.

 

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Some Key Highlights From the Report

  • In October 2020, Tech giant Microsoft partnered with AICTE to empower learners and educators in new-age technologies, including AI, IoT, data science, and cloud computing technologies. The collaboration will also provide educators access to online learning paths and instructor-led training material through the Microsoft Learn for Educators platform.
  • Hardware segment accounted for largest revenue share in 2020. Educational institutions are embracing technology for schools more readily and increasing adoption of interactive whiteboards, smart pens, and tablets to enhance the distribution of learning material.

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Emergen Research has segmented the global IoT in Education market on the basis of component, application, end-use, and region:

  • 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  
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. BENELUX
      5. Italy
      6. Spain
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. India
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA

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