Press release
IOT in Education Market expected to grow at 18.5% over the forecast period 2018-2025 | Hitachi Ltd, SAP SE, Educomp Solutions, Cisco, Smart Technologies, Pearson PLC, Promethean
IoT in education creates an entire learning flow, from content creation to publication of large online modules. It also helps in the deployment of an academic LMS in educational institutions that essentially allows instructors to manage course content and monitor and evaluate students’ performance. A lecture capture solution (LCS) is another interactive platform used in educational institutions that records lessons, presentations, and meetings in the digital format for later viewing.Internet of Things (IoT) is a network of interconnected embedded sensors, which help the end users to transfer data from one system to another remotely. Implementation of IoT solutions in the education sector enables institutions to track daily activities such as time & attendance, performance management, and learning management. Rise in demand of IoT solutions is expected to fuel the market growth. Further, rise in government expenditure on IoT technologies is also expected to boost the market.Global IOT in Education Market is valued approximately USD 3.8 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 18.5% over the forecast period 2018-2025. Increasing adoption of connected devices in the education industry and rapid adoption of E-learning is expected to fuel the market growth. According to report of Education week in 2015, Public schools in the United States spend more than $3 billion per year on digital content and online standardized tests for providing advance learning. Additionally, as per company sources Google.org funds $3 million in India to promote better education including E-learning and high quality of learning. Thus, increasing investment in E-learning across the globe is expected to fuel the market growth
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Key Players
Hitachi Ltd.
IBM Corporation
SAP SE
Educomp Solutions
Cisco Systems Inc.
Smart Technologies
Samsung Electronics Co. Ltd
Pearson PLC
Promethean Inc.
Tata Interactive Systems
Target Audience of the Global IOT in Education Market in Market Study:
- Key Consulting Companies & Advisors
- Large, medium-sized, and small enterprises
- Venture capitalists
- Value-Added Resellers (VARs)
- Third-party knowledge providers
- Investment bankers
- Investors
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Table of Contents
Chapter 1. Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global IOT in Education Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter's 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global IOT in Education Market, By Component
5.1. Market Snapshot
5.2. Market Performance-Potential Model
5.3. Global IOT in Education Market, Sub Segment Analysis
5.3.1. Solutions
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.2. Services
5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
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