LAMEA IoT in Education Market Size, Share & Trends Analysis Report By Component (Hardware, Solution, Services), By End User, By Application, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The Latin America, Middle East and Africa IoT in Education Market would witness market growth of 21.0% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA IoT in Education Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $638.9 million by 2031. The Argentina market is expected to witness a CAGR of 21.7% during (2024 - 2031). Additionally, The UAE market is expected to witness a CAGR of 20% during (2024 - 2031).

The adoption of IoT in education often requires significant investments in network infrastructure, including high-speed internet and reliable connectivity, enabling seamless integration of IoT devices. The shift to cloud computing allows educational institutions to manage IoT data more effectively, facilitating easier access to resources and applications.

Moreover, schools are implementing training programs to equip educators with the skills to effectively integrate IoT technologies into their teaching practices. Institutions are focusing on change management to help teachers adapt to new technologies, ensuring they are comfortable using IoT tools in the classroom.

The rising EdTech sector in Brazil is poised to significantly impact the IoT in education market, reflecting a growing trend towards digital transformation in the educational landscape. As per the International Trade Administration (ITA), Brazil is home to approximately 566 EdTech startups, indicating a vibrant and rapidly expanding industry focused on innovating educational practices. This burgeoning sector is not only transforming traditional teaching methodologies but also creating a conducive environment for the integration of IoT technologies.

Free Valuable Insights: The Worldwide IoT in Education Market is Projected to reach USD 34.4 Billion by 2031, at a CAGR of 19.1%

Based on Component, the market is segmented into Hardware, Solution (Network Management, Content Management and Analytics, Device Management, Security Management, and Application Management), Services (Deployment & Integration, Professional Services, Support & Maintenance, Training & Consulting, and Managed Services). Based on End User, the market is segmented into K-12, Higher Education, Corporate, and Academic. Based on Application, the market is segmented into Learning Management System, Classroom Management, Administration Management, Surveillance, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• SAP SE
• Intel Corporation
• Huawei Technologies Co., Ltd. (Huawei Investment & Holding Co., Ltd.)
• IBM Corporation
• Amazon Web Services, Inc. (Amazon.com, Inc.)
• Oracle Corporation
• Google LLC (Alphabet Inc.)
• Cisco Systems Inc.
• Microsoft Corporation
• Samsung Electronics Co., Ltd. (Samsung Group)

LAMEA IoT in Education Market Report Segmentation

By Component

• Hardware
• Solution
  • Network Management
  • Content Management and Analytics
  • Device Management
  • Security Management
  • Application Management
• Services
  • Deployment & Integration
  • Professional Services
  • Support & Maintenance
  • Training & Consulting
  • Managed Services

By End User

• K-12
• Higher Education
• Corporate
• Academic

By Application

• Learning Management System
• Classroom Management
• Administration Management
• Surveillance
• Other Application

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA