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.
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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
The report on global IOT in education market includes component, hardware, end user and application segments. Component segment includes solution and services, hardware segment is sub-segmented into interactive whiteboards, tablets and mobile devices, displays, security and video cameras, attendance tracking systems and others. End User segment is further categorized into K-12, higher education and corporates and application segment includes learning management system, classroom management, administration management and surveillance.
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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.
The regional analysis of global IOT in education market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading market region for global IOT in Education market in terms of market revenue share. Factors such as emerging market players and growing demand for E-learning education are promoting the growth of the market.
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