Dublin, Jan. 23, 2019 (GLOBE NEWSWIRE) -- The "IoT in Education Market by Component (Hardware, Solutions & Services), End User (Academic Institutions & Corporates), Application (Learning Management, Classroom Management, Administration Management, Surveillance), Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
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.
The IoT in education market is fragmented with a large number of intermediaries involved in the market. The IoT in education value chain comprises various vendors, such as Original Equipment Manufacturers (OEMs), platform providers, solution and software providers, service providers, and system integrators. The OEMs build hardware, such as sensors, tags, gateways, and actuators; and software (embedded operating system, software platform, and security software). The IoT platform providers are involved in offering development and management platforms, using which vendors across the education industry can build and manage various apps, solutions, and networks. They also manage their devices using these platforms.
The application and solution providers offer various types of IoT solutions that can be integrated with connected devices. IoT solutions include network management, content management and analytics, device management, application management, and security management. The service providers provide a platform that relays information to smart devices and distributes information. This stage involves a cloud service platform and the application developers. The major technology vendors include IBM, Microsoft, and Cisco. The service providers manage the entire life cycle of devices and the installed solutions. Simultaneously, they also provide services, such as deployment and system integration, support and maintenance, and consulting services. The solutions/services reach the end users through integrators or service providers.
The driving factors in the IoT in education market are the increased use of connected devices in the education industry, rapid adoption of eLearning, and the availability of cloud-based solutions and applications. The increasing number of cyber-attacks on educational institutes and the lack of industry standards and interoperability are the restraints for the market growth. The gamification of the educational industry and the increased spending on the industry as a percentage of GDP presents huge opportunities in the IoT in education market.
The report also contains the competitive landscape and profiling of the major technology vendors, such as Google LLC (Google), Amazon Web Services (AWS), IBM Corporation (IBM), Microsoft Corporation (Microsoft), Oracle Corporation (Oracle), Intel Corporation (Intel), Cisco Systems, Inc. (Cisco), SAP SE (SAP), Huawei Technologies Co., Ltd. (Huawei), Arm Holdings (Arm), Unit4 N.V. (Unit4), and Samsung Electronics (Samsung).
These companies have adopted various strategies, such as are mergers and acquisitions, partnerships and collaborations, and product developments, to cater to the growing demand for IoT in education solutions and simultaneously strengthen their positions in the market. Such growth strategies have also been tracked and mentioned in the report.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
4.1 Attractive Market Opportunities in the Global IoT in Education Market
4.2 Market By Component, 2018 vs 2023
4.3 Market By Solution, 2018 vs 2023
4.4 Market By End User, 2018 vs 2023
4.5 Market By Application, 2018 vs 2023
4.6 Market Market Share Across Regions, 2018
4.7 Market Investment Scenario
5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Use of Connected Devices in the Education Industry
5.2.1.2 Rapid Adoption of Elearning
5.2.1.3 Availability of Cloud-Based Solutions and Applications
5.2.2 Restraints
5.2.2.1 Increasing Cyber-Attacks on Educational Institutes to Raise the Concern for Data Security and Privacy
5.2.2.2 Lack of Industry Standard and Interoperability
5.2.2.3 Lack of Resources and Infrastructure in Developing Industries
5.2.3 Opportunities
5.2.3.1 Gamification of the Educational Industry
5.2.3.2 Increasing Expenditure in the Education Industry as A Percentage of GDP
5.2.3.3 Potential Growth Opportunities for System Integrators
5.2.3.4 Declining Cost of Connectivity and Connected Devices
5.2.4 Challenges
5.2.4.1 Inability to Manage Real-Time and Unstructured Data
5.2.4.2 Reluctance of Adopting New Technologies By Educational Institutes
5.3 Use Cases and Regulatory Implications
5.3.1 IoT in Education Market: Use Cases
5.3.1.1 Use Case: Scenario 1
5.3.1.2 Use Case: Scenario 2
5.3.1.3 Use Case: Scenario 3
5.3.1.4 Use Case: Scenario 4
5.3.1.5 Use Case: Scenario 5
5.4 IoT in Education Ecosystem
5.5 Regulatory Implications
5.5.1 Introduction
5.5.2 Right to Education
5.5.3 National Science Education Standards
5.5.4 International Standard Classification of Education
5.5.5 European Network for Quality Assurance in Higher Education
5.5.6 Australian Education Act
5.5.7 Education Services for Overseas Students Act
5.5.8 Fundamental Law of Education
5.5.9 Compulsory Education Law of the People's Republic of China
5.5.10 South African Schools Act, No. 84 of 1996
5.5.11 The Education Act 2011
5.5.12 Every Student Succeeds Act
5.5.13 Funds for Maintenance and Development of the Fundamental Education and Valorization of Teaching
6 IoT in Education Market, By Component
6.1 Introduction
6.2 Solutions
6.2.1 Rapid Digitalization in Asia Pacific
6.3 Services
6.3.1 Requirement of Highly Customized Solutions and the Need to Focus on Core Operations
7 IoT in Education Market, By Hardware
7.1 Introduction
7.2 Interactive Whiteboards
7.2.1 Need for Engagement Between Teachers and Students to Increase the Use of Interactive Whiteboards
7.3 Tablets and Mobile Devices
7.3.1 Increasing Adoption of BYOD Concept Among Institutes
7.4 Displays
7.4.1 Interactive Learning to Be A Primary Aspect for Educational Institutes
7.5 Security and Video Cameras
7.5.1 Schools to Be Responsible for Safety and Security of Students
7.6 Attendance Tracking Systems
7.6.1 Stringent Attendance Policies of Various Universities to Drive Attendance Tracking Systems
7.7 Others
8 IoT in Education Market, By Solution
8.1 Introduction
8.2 Network Management
8.2.1 Network Management is Used to Enhance Service Delivery, Minimized Risk and Reduced Operating Costs
8.3 Content Management and Analytics
8.3.1 Increasing Significance of Online Education Content in Educational Institutions
8.4 Device Management
8.4.1 Increasing Connected Devices in Classrooms
8.5 Application Management
8.5.1 Need for Managing Various Applications
8.6 Security Management
8.6.1 Increasing Number of Cyber-Attacks on Educational Infrastructure
9 IoT in Education Market, By Service
9.1 Introduction
9.2 Training and Consulting
9.2.1 Lack of Skilled Resources in the Education Industry
9.3 Deployment and Integration
9.3.1 The Need to Ease Complexities While Deploying Solutions in an Educational It Infrastructure
9.4 Support and Maintenance
9.4.1 The Need for 24/7 Access to Learning, Course Content, and Applications
10 IoT in Education Market, By End User
10.1 Introduction
10.2 Academic Institutions
10.2.1 K-12
10.2.1.1 The Need to Reduce Interaction Gaps Between Educators, Students, and Parents
10.2.2 Higher Education
10.2.2.1 High Demand for Elearning in the Higher Education Sector
10.3 Corporates
10.3.1 Inability of Traditional Methods to Effectively Engage Employees
11 IoT in Education Market, By Application
11.1 Introduction
11.2 Learning Management System
11.2.1 Smart Learning to Be A New Important Tool in the Education Industry
11.3 Classroom Management
11.3.1 Interactive Classrooms to Enhance the Learning and Development in the Education Industry
11.4 Administration Management
11.4.1 Administration Management to Improve Planning, Organization, Direction, Coordination, and Evaluation of Strategies
11.5 Surveillance
11.5.1 Security of Students and Academic Building Premises to Be the Foremost Priority in Educational Institutions
11.6 Others
12 IoT in Education Market, By Region
13 Competitive Landscape
13.1 Overview
13.2 Top Players in the IoT in Education Market
13.3 Competitive Scenario
13.3.1 New Service/Product Launches
13.3.2 Agreements, Collaborations, and Partnerships
13.3.3 Business Expansions
14 Company Profiles
14.1 IBM
14.2 Cisco
14.3 Intel
14.4 Google
14.5 AWS
14.6 Oracle
14.7 Microsoft
14.8 Huawei
14.9 Samsung
14.10 SAP
14.11 Arm
14.12 Unit4
15 Key App Providers
15.1 Introduction
15.2 School Administration
15.2.1 Learnzillion
15.2.2 Brightwheel
15.2.3 Certica Solutions
15.2.4 Examity
15.3 Next-Generation Schools
15.3.1 Knowre
15.3.2 Altschool
15.3.3 Quad Learning
15.3.4 Cuemath
15.4 Learning Solution
15.4.1 Galvanize
15.4.2 Littlebits
15.4.3 Itutorgroup
15.4.4 Voxy
15.5 Career Development
15.5.1 Fullbridge
15.5.2 Simplilearn
15.5.3 Grovo
15.5.4 Edupristine
15.6 Learning Analytics Vendors
15.6.1 Echo360
15.6.2 Brightbytes
15.6.3 Vitalsource
15.6.4 Panorama Education
15.7 Learning Management System Vendors
15.7.1 Knewton
15.7.2 Smart Sparrow
15.7.3 Freshgrade
15.7.4 Schoology
15.8 Course Materials and Study Tools
15.8.1 Grammarly
15.8.2 Quizlet
15.8.3 Newsela
15.8.4 Betterlesson
For more information about this report visit https://www.researchandmarkets.com/research/xmrsr2/global_iot_in?w=12
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