Our website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

IoT in Education Market Surges to USD 48.23 Billion by 2031, Propelled by 20.06% CAGR – Verified Market Research®

by Jessica Weisman-Pitts
0 comment
IoT in Education Market Size And Forecast Verified Market Research

IoT in Education Market Surges to USD 48.23 Billion by 2031, Propelled by 20.06% CAGR – Verified Market Research®

The Global IoT in Education Market is projected to grow at a CAGR of 20.06% from 2024 to 2031, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 11.17 Billion in 2021 and is expected to reach USD 48.23 Billion by the end of the forecast period.

The IoT in Education Market is driven by enhanced learning experiences through smart classrooms, improved accessibility for students with diverse needs, and streamlined administrative processes. Key restraints include high initial costs, data privacy concerns, and the need for robust infrastructure. Additionally, the digital divide and resistance to technological adoption in traditional educational settings pose significant challenges. Balancing these factors is crucial for sustainable growth in this market.

Scope Of The Report

REPORT ATTRIBUTES DETAILS
STUDY PERIOD 2021-2031
GROWTH RATE CAGR of ~20.06% from 2024 to 2031
BASE YEAR FOR VALUATION 2024
HISTORICAL PERIOD 2021-2023
FORECAST PERIOD 2024-2031
QUANTITATIVE UNITS Value in USD Billion
REPORT COVERAGE Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis
SEGMENTS COVERED
  • Component
  • Learning Mode
  • Application
  • End-User
REGIONS COVERED
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
KEY PLAYERS Acer, Alphabet, Amazon, Apple, Cisco, Dell Technologies, Hitachi, Honeywell, Huawei, IBM, Infosys, Intel, Lenovo, LG Electronics, Microsoft, Oracle, Panasonic, Samsung
CUSTOMIZATION Report customization along with purchase available upon request

 

IoT in Education Market Overview

Enhanced Learning Experiences: The IoT in Education Market is driven by enhanced learning experiences in K-12 and higher education. IoT devices enable interactive lessons and personalized learning, boosting student engagement and outcomes. These advancements support the growth of e-learning and online education, benefiting educational institutions and ed-tech companies alike.

Improved Accessibility: IoT technology in education improves accessibility for diverse learners. Tailored tools support inclusive learning environments in K-12 and higher education. This inclusivity expands e-learning and online education opportunities, driving market growth by ensuring that all students can benefit from IoT advancements.

Streamlined Administrative Processes: IoT streamlines administrative processes in educational institutions, optimizing attendance tracking and resource management. This efficiency reduces operational costs and enhances resource allocation, making IoT adoption attractive in K-12 and higher education. Improved administrative capabilities support the growth of the IoT in Education Market.

High Initial Costs: High initial costs for IoT implementation in education are a significant barrier. Investment in infrastructure, devices, and training is substantial, deterring schools and universities, especially in K-12 education. This financial challenge limits the growth potential of the IoT in Education Market, impacting the adoption of e-learning and online education solutions.

Data Privacy Concerns: Data privacy concerns hinder the IoT in Education Market. The extensive data collected by IoT devices raises security issues, deterring adoption in K-12 and higher education. These concerns impact trust and slow the integration of IoT in e-learning and online education environments, challenging market expansion.

Need for Robust Infrastructure: The need for robust infrastructure is a major restraint for the IoT in Education Market. Many educational institutions, particularly in K-12 education, lack the technological foundation to support IoT. This gap limits the adoption of e-learning and online education solutions, hindering market growth and technological advancement in education.

Geographic Dominance:

North America holds geographical dominance in the IoT in Education Market due to its advanced technological infrastructure, significant investment in education technology, and strong presence of key market players. The region’s emphasis on digital learning and innovation fosters widespread adoption of IoT solutions. Additionally, supportive government initiatives and a high rate of technological literacy further enhance North America’s leadership. This dominance influences trends and sets benchmarks globally in sectors like consumer goods, electronics, and more.

IoT in Education Market Key Players Shaping the Future

Major players, including Acer, Alphabet, Amazon, Apple, Cisco, Dell Technologies, Hitachi, Honeywell, Huawei, IBM, Infosys, Intel, Lenovo, LG Electronics, Microsoft, Oracle, Panasonic, Samsung. and more, play a pivotal role in shaping the future of the IoT in Education Market. Financial statements, product benchmarking, and SWOT analysis provide valuable insights into the industry’s key players.

To get market data, market insights, and a comprehensive analysis of the Global IoT in Education Market, please Contact Verified Market Research®.

IoT in Education Market Segment Analysis

Based on the research, Verified Market Research® has segmented the global IoT in Education Market into Component, Learning Mode, Application, End-User, And Geography.

  • IoT in Education Market, by Component
    • Solutions
    • Services
    • Hardware
  • IoT in Education Market, by Learning Mode:
    • Collaborative Learning
    • Virtual Instructor
    • Simulation
    • Adaptive
    • Social
    • Blended
  • IoT in Education Market, by Application:
    • Learning Management System
    • Classroom Management
    • Administration Management
    • Lecture Capturing Solutions
    • Big Data Analytics
    • Surveillance
    • Others
  • IoT in Education Market, by End-User:
    • K-12
    • Higher Education
    • Corporate
    • Others
  • IoT in Education Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

Browse Related Reports:

Global Cloud Computing In Education Market Size By Service Model (Software As A Service (SaaS), Platform As A Service (PaaS)), By End-User (K-12 Schools, Higher Educational Institutes), By Deployment Model (Public Cloud, Private Cloud),, By Geography, And Forecast

Global Educational Games Market Size By User Type (Enterprises, Consumers), By Application (Simulation Training, Research and Planning), By Geography, And Forecast

Global AI in Education Market Size By Component (Solutions, Services), Technology (Deep Learning and Machine Learning, Natural Language Processing (NLP)), Application (Virtual Facilitators and Learning Environments, Intelligent Tutoring Systems (ITS), Content Delivery Systems), By Geography, And Forecast

Global NLP in Education Market Size By Offering (Solutions and Services), Model Type (Rule-based, Statistical), Application (Sentiment Analysis & Data Extraction, Intelligent Tutoring & Language Learning), End-User (Academic User, EdTech Provider), By Geography, And Forecast

Top Educational Software Companies offering a revolutionary way of learning new skills

Visualize IoT in Education Market using Verified Market Intelligence -:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

 

About Us

Verified Market Research® stands at the forefront as a global leader in Research and Consulting, offering unparalleled analytical research solutions that empower organizations with the insights needed for critical business decisions. Celebrating 10+ years of service, VMR has been instrumental in providing founders and companies with precise, up-to-date research data.

With a team of 500+ Analysts and subject matter experts, VMR leverages internationally recognized research methodologies for data collection and analyses, covering over 15,000 high impact and niche markets. This robust team ensures data integrity and offers insights that are both informative and actionable, tailored to the strategic needs of businesses across various industries.

VMR’s domain expertise is recognized across 14 key industries, including Semiconductor & Electronics, Healthcare & Pharmaceuticals, Energy, Technology, Automobiles, Defense, Mining, Manufacturing, Retail, and Agriculture & Food. In-depth market analysis cover over 52 countries, with advanced data collection methods and sophisticated research techniques being utilized. This approach allows for actionable insights to be furnished by seasoned analysts, equipping clients with the essential knowledge necessary for critical revenue decisions across these varied and vital industries.

Verified Market Research® is also a member of ESOMAR, an organization renowned for setting the benchmark in ethical and professional standards in market research. This affiliation highlights VMR’s dedication to conducting research with integrity and reliability, ensuring that the insights offered are not only valuable but also ethically sourced and respected worldwide.

 

Contact Us

Mr. Edwyne Fernandes

Verified Market Research®

US: +1 (650)-781-4080

US Toll Free: +1 (800)-782-1768

Email: [email protected]

Web: https://www.verifiedmarketresearch.com/

Follow Us: LinkedIn | Twitter

SOURCE – Verified Market Research®