According to a new report, published by KBV research, The Global IoT in Education Market size is expected to reach $34.4 billion by 2031, rising at a market growth of 19.1% CAGR during the forecast period.
The Solution segment is anticipating a CAGR of 19.5% during (2024 - 2031). This segment includes software applications that leverage IoT technology to provide data analytics, learning management systems, and customized educational apps. The increasing demand for solutions that offer real-time insights into student performance and engagement is a key driver of this growth. Educational institutions increasingly adopt tailored software to enhance curriculum delivery and provide personalized learning experiences, fostering a more effective educational ecosystem.
The K-12 segment is leading the Global IoT in Education Market by End User in 2023; thereby, achieving a market value of $12.8 billion by 2031. This segment includes primary and secondary educational institutions increasingly implementing IoT technologies to create interactive and personalized learning experiences. IoT applications in the K-12 sector enhance classroom management, student engagement, and safety measures. The rising focus on technology integration in early education and the growing need for effective remote learning solutions have fueled the demand for IoT in K -12 education.
The Classroom Management segment is registering a CAGR of 18.8% during (2024 - 2031). This segment focuses on tools and technologies that effectively help educators manage classroom environments, ensuring optimal learning conditions. IoT-enabled classroom management solutions facilitate real-time monitoring of classroom activities, attendance tracking, and resource allocation. The growing emphasis on interactive and student-centered learning approaches has driven the adoption of innovative classroom management tools that leverage IoT capabilities.
Full Report: https://www.kbvresearch.com/iot-in-education-market/
The North America region dominated the Global IoT in Education Market by Region in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $12,808.6 million by 2031. The Europe region is experiencing a CAGR of 18.9% during (2024 - 2031). Additionally, The Asia Pacific region would exhibit a CAGR of 19.7% during (2024 - 2031).
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