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.
The report highlights the current impact of COVID-19 on the IoT in education Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for IoT in education Market according to the impact of COVID-19.
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Covid 19 impact analysis:
The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the IoT in Education market. In the primary section of the report, there are essential details about the estimated market size, market dynamics, recent developments, and the ongoing trends in the IoT in Education industry. The report goes on to study the potential investment opportunities, as well as various parameters influencing market growth, such as key drivers, challenges, and constraints. The competitive landscape includes details on the strategic initiatives, such as mergers & acquisitions, joint ventures, technological upgradation, and corporate deals, implemented by market players to optimize their industry performance.
Major companies profiled in the market report include
IBM, Cisco Systems, Inc., Intel Corporation, Google, Amazon Web Services (AWS), Oracle Corporation, Microsoft Corporation, Huawei Technologies Co., Ltd., Samsung, and SAP SE..
Research objectives:
· Chapter 1 includes the global IoT in Education market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
· Chapter 2 broadly categorizes the IoT in Education market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
· Chapter 3 elaborates on the competitive outlook of the IoT in Education market, focusing on the major manufacturers and vendor landscape.
· Chapter 4 exhaustively studies the key manufacturers of the IoT in Education industry, along with their anticipated sales and revenue shares.
· Chapters 5 includes market segmentation based on product type, application range, and market players.
Continue….
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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:
The global IoT in Education market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global IoT in Education market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Key Objectives of the Global IoT in Education Market Report:
The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes IoT in Education market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe.
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