The global IoT in education market is anticipated to grow at a CAGR of 14.7% during the forecast period. An increase in the use of IoT in education to provide more dynamic and engaging learning environment favorable to active learning and problem-solving. The demand and integration of such technological solutions in education is increasing at an exponential rate as more IoT-enabled devices are used in classrooms which helps educational institutions run more efficiently. According to the National Institute of Health (NIH), in June 2022, significant factors prioritized for efficient IoT-based e-learning in on IoT adoption in higher educational institutes includes privacy (27.0%), infrastructure readiness (24.0%), financial constraints (24.0%), ease-of-use (20.0%), faculty support (18.0%), interaction (15.0%), attitude (14.0%), and network & data security (14.0%).

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IoT in education provide school administrators with more accurate data related to student performance, class attendance, and others. It can also be integrated to identify areas which requires improvement while creating strategies for ensuring maximum learning outcomes. Thus, various education-based company vision is to inspire students to adopt learning as a way of life and prepare them for an unprecedented future. The one-of-its-kind academic program offers multi-fold benefits to students, teachers, parents, and educational institutions. For instance, in September 2022, Next Education launched its flagship academic solution, Next 360. It is a comprehensive academic program that will develop and improve 21st-century skills in students.

IoT network in education is a powerful versatile technology, backed by open education and research programs. The mission is to bridge the digital divide by providing students everywhere with easy-to-use kits that teach students the real-life applications of IoT, with students deploying in their local communities for sustainable community development applications. For instance, in January 2022, RAKwireless Technology Co., Ltd. in LPWA end-to-end solutions and IoT technology, partnership with one planet education network to provide OPEN-RAK Do-It-Yourself (DIY) STEM Lab Sensor Wisblock kits to students. The goal of the program is to build a global IoT sensor and education network.

IoT can be a key enabler of educating students globally. Educational institutions need to develop an effective implementation strategy. Realizing the benefits and applications of IoT in education, educational institutions adopted technology. For instance, in December 2021, Accenture, Dubai Cares, Microsoft Corp. and UNICEF launched of a global, digital learning platform for young people. Operating under the Generation Unlimited partnership, the Passport to Earning platform aims to address the global education crisis – currently exacerbated by the COVID-19– and prepare the next generation for decent work.

Global Internet-of-Things (IoT) in Education Market Report Segment

By Component

• Solutions
• Software & Services
• Hardware

By Application

• Learning Management System
• Classroom Management 
• Administration Management  Surveillance 
• Others (Lecture Capturing Solutions)

By End-Users

• Academic Institutions
• Corporates
• Others (K-12, Higher Education)

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IoT in Education Market Report Segment by Region

North America          

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific   

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

·        CONSTRUKTS, Inc.

·        Educomp Solutions Ltd.

·        EZ-Robot 

·        Happiest Minds Technologies Ltd.

·        Hitachi Vantara LLC

·        HQSoftware

·        Innowise Group

·        IPEVO Inc.

·        Oracle Corp.

·        Oxagile LLC

·        Rapidsoft Technologies Pvt. Ltd.

·        SAM Labs. 

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