IoT in Education Market Size, Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, Italy, France, Germany, Russia, China, India, Japan, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE), Application Development Potential, Price Trend, Competitive Market Share & Forecast, 2020 – 2026
Report ID: GMI4554
IoT in Education Market size is predicted to grow exponentially during the forecast period driven by introduction of IoT-based solutions in schools, colleges, and private educational institutes to provide better education to students. Increasing personalization in learning patterns & improving student outcomes using analytics is driving the demand for these solutions.
For instance, in November 2017, Cisco launched GenYes, a technology support program that helps K-12 teachers and staff to improve student’s learning by integrating technology using online tools and data. Along with education quality, institutes are also focusing on safety features owing to installation of cameras and sensors to get real-time analytics for a healthy education environment. Increasing demand for IoT inbuilt video cameras and sensors is fueling the IoT in education market.
The market players are offering IoT-integrated end-to-end suite of applications to increase operational safety and deliver analytics using previous data. For instance, in May 2019, Hitachi Vantara offered end-to-end IoT solutions for analytics, which deliver real-time insights that improve institution safety and increase operational efficiency.
Data breach and malware attack are the major concerns faced by technical infrastructure that is hindering the market. Institute and university confidential documents, such as student identity, parent financial details, and other personal information, are more vulnerable to data breach. Bank details and identification access are the major breaches caused by hackers that are carried out by fraud calls, fraud emails, and unregistered applications. Phishing scams are targeting educational institutions and critical transactional functions carried out in schools and institutes. The growing third-party risks, such as operational, transactional, compliance, and legal, are affecting the industry development due to limited control over data.
Rising adoption of virtual reality in education for enhanced learning experience provides learners with educational space to perform practical activities. Introduction of IoT integrated AR and VR into medical institutes is helping medicos to perform operations virtually and have a better understanding of the subject. Similarly, virtual classrooms in schools and colleges are using IoT integrated technology for effective learning. The emergence of gesture based IoT solutions for advanced learning is propelling the IoT in education market. For instance, gesture enhanced IoT is being introduced by Google for a better understanding of the subject on account of rise in adoption of IoT in the learning sector, which will drive the industry.
Cloud deployment in the educational sector is rising propelled by availability of a large number of e-books and online courses. Notes or documents that are discussed in classrooms can be shared with students through a class’s online management system. Growing usage of smart devices are benefiting the education providers due to rising demand for online content. Increasing adoption of smart pens and monitors for an interactive session is fueling the adoption of these solutions. Additionally, the emergence of IoT integrated smart boards in schools and colleges has powered teachers to guide a class through interactive activities, strengthening the market.
Desktops are gaining high demand across the global market owing to high usage in both personal & institutional applications. The industry players are developing various software, platforms, and applications suitable for desktop functionality which aid in providing better learning experience. The education content providers are also enhancing their offerings by offering various functions specific to desktops, mobiles, and tablets. These developments aid them to offer consumer friendly products.
For instance, in February 2019, Infosys announced the launch of its digital learning platform, InfyTQ, specifically developed for the engineering students. The new platform will allow students gain both technical and practical knowledge and can be operated on both desktops and mobiles.
The Asia Pacific IoT in education market is expected to grow driven by increasing demand for real-time tracking that is being used by schools, colleges, and universities to build a technology for smarter and safer campus. Software companies are offering facial recognition and digital evidence management to enhance safety in campuses. The real-time tracking solution is used by parents and educational institutions to track a student’s movement in & out of the campus.
For instance, in December 2018, Hitachi announced the launch of one view for all data solution, which tracks the movements of assets using GPS, social media, video, and other sources.
Asian countries are expected to expand their IoT offerings led by rise in investment in technical infrastructure development. Increasing investment in IoT-related R&D activities and government initiatives, such as smart city plans, is spurring the Asia Pacific market.
In Australia, the government has installed innovation hubs to accelerate the IoT development process. Increasing emergence of technology-enabled educational infrastructure will drive the IoT deployment. Rising adoption of 5G network in these regions will strengthen the demand for IoT integration into the educational sector.
For instance, in January 2017, Cassia Networks, Inc. introduced the latest IoT product line for seamless Bluetooth coverage, remote access & control, real-time student data, and location tracking solutions owing to development of educational infrastructure in Asia Pacific.
Key players in the IoT in education market include Hitachi Vantara (Hitachi, Ltd), Cisco Systems, Inc, IBM Corporation, SAP SE, and Rapidsoft Technologies Pvt. Ltd. The companies are launching new IoT solutions specifically for institutions and universities for building management and water supply maintenance.
For instance, in October 2019, HSB announced the launch of IoT solution for school that offers building and equipment maintenance solutions. In January 2020, Arduino announced the launch of IoT starter kits for secondary school and university students that will aid students to learn about automation, sensors, and technology.
To create awareness among educational institutions, the companies have adopted various strategies such as conduction of seminars, training sessions, and online webinars. To enhance IoT solutions, the market players are investing in R&D, innovation, joint ventures, mergers & collaborations, and partnerships to sustain in the industry competition.
The IoT in education market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2026 for the following segments:
Market by Component
- On Premise
Market by Device Type
- Mobiles and Tablets
Market by End-Use
- Educational Institutions
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
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