Global IoT in Education Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2030

The IoT in Education Market is experiencing robust expansion, with market size projected to increase from (11.17 Billion) 2024 to (48.23 Billion) 2030, demonstrating a consistent year-over-year growth rate of 23.32%. IoT in Education Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Hardware, Educational Content, Software, Service), by Applications (Learning Management System, Lecture Capture Solution, Big Data Analytics, Academic Devices) And Regions ({regionNms}) : Industry Forecast and Opportunity Analysis for 2024 - 2030

The IoT future in education is completely reshaping the existing educational system into an unimaginable system via the integration of new-age IoT devices and technologies therein to enable better student experiences, increased operational efficiency, and much safer environments. This market ranges from smart classrooms to connected campuses, adaptive learning systems, and data-driven administrative tools. Students collect IoT devices for sensing, wearing, and display conversion. These devices, when used in an interactive way, allow educators to analyse student performance and also transform resource allocation for more interesting learning experiences. Smart whiteboards and interactive displays have to facilitate collaborative learning, whereas wearables can track student attendance and potentially improve environmental conditions in classrooms.

IoT in Education Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2024
Growth Rate	CAGR of 23.32%
Forecast Value (2030)	USD 48.23 Billion
By Product Type	Hardware, Educational Content, Software, Service
Key Market Players	IBM Corporation (United States) Promethean Inc. (United States) Cisco Systems Inc. (United States) Samsung Electronics Co. Ltd (South Korea) SAP SE (Germany) Hitachi Ltd. (Japan) Oracle (United States) Educomp Solutions (India) Pearson PLC (United Kingdom) Tata Interactive Systems (India)
By Region

IoT in Education Market Trends

The IoT in Education Market is burgeoning with progress and the solutions for personalised learning and smart campuses. One major trend is the further integration of AI and machine learning along with IoT devices to facilitate enhanced data analysis and adaptive learning experiences. It allows for real-time feedback, customized learning pathways, and proactive monitoring of student progress. Also witnessing a concurrent and significant boom in the use of smart classroom technologies, including interactive whiteboards, connected sensors, and virtual reality (VR) and augmented reality (AR) tools, essentially inverting traditional teaching into something else, are these technologies. Another key trend focuses on improving the safety of IoT on campuses and increasing operational efficiency. This would include installations for smart surveillance, access control, and environmental monitoring to create secure and sustainable learning environments. Along with this, the market is seeing a rise in the utilisation of IoT for remote learning and accessibility, bridging the existing gap between physical and digital education.

IoT in Education Market Leading Players

The key players profiled in the report are Hitachi Ltd. (Japan), Pearson PLC (United Kingdom), Cisco Systems Inc. (United States), IBM Corporation (United States), SAP SE (Germany), Oracle (United States), Samsung Electronics Co. Ltd (South Korea), Promethean Inc. (United States), Educomp Solutions (India), Tata Interactive Systems (India)

Growth Accelerators

A few key drivers considerably influence the motivation behind IoT in the education market, with enhancing learning outcomes and refining operational efficiency among educational institutions at the very core. Important among these drivers is the need for personalisation and adaptation in the learning experience. Implementing appropriate IoT technologies leads to the collection and analysis of student data, enabling educators to customise their curricula, give individual feedback, and create an engaging learning environment. Alongside this, the heightened prominence of digital teaching services paves another smooth road for the utmost development of the said market by cheap availability of IoT devices and cloud-based solutions. The integration of IoT engineering into education allows for smart classrooms and connected campuses while data-driven insights enhance student engagement, energy savings, and safety. Potently motivating is the need to modernise educational infrastructure for an internet-proficient setup.

IoT in Education Market Segmentation analysis

The Global IoT in Education is segmented by Type, Application, and Region.
By Type, the market is divided into Distributed Hardware, Educational Content, Software, Service . The Application segment categorizes the market based on its usage such as Learning Management System, Lecture Capture Solution, Big Data Analytics, Academic Devices. Geographically, the market is assessed across key Regions like {regionNms} and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The competitive arena in the IoT in Education Market comprises a plethora of players ranging from well-established technology giants, specialised IoT solution providers, and education technology (EdTech) startups. The competitive environment in which players operate in the current market includes areas such as smart classroom solutions, campus management systems, and personalised learning platforms. Thus, major tech companies are taking advantage of their existing structures and relevant capabilities in cloud computing, data analytics, and AI to provide their institutional clients with more comprehensive IoT solutions. At the same time, smaller but sprightly startups are tackling niche applications and newer technologies, propelling progress in areas such as wearable devices and interactive learning tools.

Challenges In IoT in Education Market

The education sector, with the implementation of the Internet of Things (IoT), faces several challenges that the institutions must overcome for effective integration. The major concern is the cost. The work here involves IoT infrastructure installation costs, which encompass hardware costs, software costs, and other networking components, all of which are essential for the IoT to function well. Such high initial investments may be beyond many educational institutions, especially those with limited budgets, killing the widespread adoption of IoT. The other important challenge is equal access to IoT-enabled education. Disparities in technological resources among students and schools can create unequal learning conditions in the system, aggravating already existing educational inequities. Institutions must thus ensure that equal access to IoT tools is granted so that all students can benefit from technological advances.

Risks & Prospects in IoT in Education Market

In this market, opportunities lie in providing personalised learning experiences, where data can drive decisions at the institutional level or connected campuses. Challenges remaining include privacy and security issues and high costs associated with the IoT implementation of networks. The North American market would be giants with a contribution of around 40% of the world's revenues in 2024. The region has high uptake for the applications of smart classrooms and digital learning technologies. The same goes for the speed of growth for the Asia-Pacific region, especially in countries such as China, India, and Japan, which are investing heavily in smart classrooms and digital learning tools. Europe also enjoys significant growth from possible advances in its digital infrastructure and government support for e-learning initiatives. The countries in the Middle East and Africa, such as the UAE and Saudi Arabia, are increasing the components of IoT in education because of alignment with national development objectives.

Key Target Audience

, Broadly speaking, various stakeholders like educational institutions, educators, students, and administrative staff are targeted by IoTs in education. Immediately, educational institutions such as schools, colleges, and universities become strong targets because of their intent to improve operational efficiency, increase security, and create state-of-the-art learning environments. This audience is keen to see solutions that identify data-driven insights for resource management, infrastructure optimisation, and campus safety in general., Second, educators, i.e., teachers and professors, are relevant targets as they wish to leverage IoT technologies for personalisation in learning experience, for better engagement of students, and insights into student performance.,, Thirdly, administrative staff focuses on campus management, efficiency of operation, and a set of key target groups. They are looking for IoT solutions that take care of administrative activities, provide better security, and optimise resource use, such as energy management and space utilisation.

Merger and acquisition

The Internet of Things (IoT) in education market has undergone strategic mergers and acquisitions to improve technology and widen services. In March 2023, Aeris Communication, Inc. acquired Ericsson's IoT Accelerator and the Connected Vehicle Cloud businesses, an acquisition that was aimed at enhancing Aeris's IoT expertise and widening its service portfolio to consolidate its market share in advanced connectivity solutions. Similarly, in August 2022, Semtech Corporation agreed to acquire Sierra Wireless, a Canada-based IoT technology company, for $1.2 billion. This deal was finalised in January 2023, whose purpose was to enhance Semtech's capabilities in IoT and to expand Semtech's presence in the IoT market. These strategic acquisitions indicate a trend among companies to embed advanced IoT technologies into their offerings with the intent to provide comprehensive solutions that will cater to the changing needs of educational institutions. >

Analyst Comment

The IoT in Education Market is rapidly increasing at a tremendous pace because of the growing adoption of smart technologies in educational institutions. In fact, the shift from conventional education to connected, data-driven learning environments through student engagement and operational efficiency is the main catalyst in this market. According to the market overview, the solution is very much needed in the IoT context to personalise learning, reduce administrative tasks, and ensure campus safety. The increasing numbers of cheaper IoT devices in tandem with cloud-based platforms now make it very easy for educational institutions to configure such deployments.