Kenneth Research, in its repository of market research reports, has recently added a report on IoT in Education Market that emphasizes the latest trends, key opportunities, drivers, and challenges associated with the growth of the market during the forecast period, i.e., 2022 – 2031. The IoT in Education Market is anticipated to grow primarily on account of the growing trade of ICT goods and services worldwide. According to the statistics by the World Bank, the exports of ICT goods globally increased from 11.164% of total goods exports in 2017 to 11.53% of total goods exports in 2019.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for IoT in Education Market products.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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The Internet of Things (IoT) can be defined as a coordination of interconnected computing devices, mechanical and digital machines that are provided with distinctive codes and an aptitude to allocate data over a network without demanding a human-to-human or human-to-computer communication. IoT is a paradigm which has been conquering the education sector as well. The use of IoT for education purposes is increasing with the advent of educational robots. The market is expected to grow significantly.
IoT in Education Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and Restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
IoT is a component in Industry 4.0. The emergence of Industry 4.0 has brought a revolution in the global market. It has many pros and cons. Readily available cloud computing solutions and increased use of connected devices are the two main factors which are booming the global IoT in Education market. The market also have various restraints such as increasing rate of cyber-attack risks. Growing trends of developing a full fledges smart school is expected to fuel the market growth rate.
Global IoT in Education Market Competitive Landscape
The “IoT in Education Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as IBM, Cisco, Intel, Google, AWS, Oracle, Microsoft, Huawei and Samsung. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above mentioned players globally.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Global IoT in Education Market, By Hardware
*Interactive Whiteboards
*Tablets and Mobile Devices
*Displays
*Security and Video Cameras
*Others
Global IoT in Education Market, By Solution
*Network Management
*Device Management
*Application Management
*Security Management
*Others
Global IoT in Education Market, By Service
*Training and Consulting
*Deployment and Integration
*Support and Maintenance
Global IoT in Education Market, By Application
*Learning Management System
*Administration Management
*Surveillance
*Others
Global IoT in Education Market, By End-User Industry
*Academic Institutions
*Corporates
Global IoT in Education Market Geographic Scope
*North America
o U.S.
o Canada
o Mexico
*Europe
o Germany
o UK
o France
o Rest of Europe
*Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
*Latin America
o Brazil
*Rest of the World
Reasons to Purchase this Report
Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
Provision of market value (USD Billion) data for each segment and sub-segment
Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
Provides insight into the market through Value Chain
Market dynamics scenario, along with growth opportunities of the market in the years to come
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