The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major growth factors for the market include an increased use of connected devices in the education institutions, rapid adoption of eLearning, and availability of cloud-based solution.
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=115520843
Top Key Players
Major vendors covered in the IoT in education market include Google (US), Amazon Web Services (US), IBM (US), Microsoft (US), Oracle (US), Intel (US), Cisco (US), SAP (Germany), Huawei (China), Arm (UK), Unit4 (Netherlands), and Samsung (South Korea).
The application management solution to record the highest growth rate during the forecast period
Education institutions have been using various applications for enhancing the learning experience and increasing the interaction between educators and students. This, in turn, has significantly increased the demand for the application management solution. The solution helps education institutions to manage their various applications. The goal of the application management solution is to optimize cost and feasibility in a way that developers and commercial clientele face when developing applications that need to collect, manage, and begin the interpretation of data generated by a wide range of connected endpoints. Education institutions are rapidly incorporating various applications for seamless operations and management that would surge the demand for the application management solution.
Increasing demand for connected devices in academics to drive deployment and integration services segment
The deployment and integration services segment is expected to grow at the highest CAGR during the forecast period. Deployment and integration services are important as the huge volumes of information generated by IoT devices must be integrated with the existing systems, which require exact level of system integrators and system enablers to deploy and integrate IoT services and solutions. Deployment and integration service providers help institutions to develop a connected environment by integrating IoT devices and solutions with the educational environment. The deployment and integration service providers collect customer requirements, and then install, integrate, test, and rollout the IoT solutions
Get sample of report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=115520843
North America to hold the largest market size during the forecast period
In the market by region, North America is expected to hold the largest market size during the forecast period. The region is one of the largest contributors to the global IoT space, as it is technologically developed. Moreover, the startup culture in North America is growing rapidly. The rapid digitalization across industry verticals, the increasing adoption of smart connected devices, and the technological advancements would fuel the growth of IoT in education market in North America.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: sales@marketsandmarkets.com
