PUBLISHER: KBV Research | PRODUCT CODE: 1565269
PUBLISHER: KBV Research | PRODUCT CODE: 1565269
The Europe IoT in Education Market would witness market growth of 18.9% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe IoT in Education Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,237.7 million by 2031. The UK market is exhibiting a CAGR of 17.8% during (2024 - 2031). Additionally, The France market would experience a CAGR of 19.8% during (2024 - 2031).
IoT sensors can track student behavior and engagement levels during lessons, helping educators understand the most effective teaching methods. By analyzing data collected from IoT devices, educators can identify students at risk of falling behind and implement proactive measures to support them. IoT technology can enhance campus security with smart locks that grant access based on user credentials, ensuring that only authorized individuals can enter specific areas.
Additionally, connected devices can alert authorities during emergencies, providing real-time information about incidents, thereby improving response times and safety protocols. IoT devices can monitor the usage of facilities and equipment, enabling institutions to allocate resources more efficiently and reduce waste. Automated systems track the availability and usage of educational materials and supplies, ensuring that resources are replenished as needed without overstocking.
The rising adoption of Internet of Things (IoT) devices and the increasing digitalization in education significantly impacts the IoT in education market across Europe. As per the Eurostat, in 2021, approximately 29% of EU enterprises utilized IoT devices to enhance security within their facilities. Notably, the adoption rate varied significantly between large and small enterprises, with 48% of large enterprises employing IoT technologies compared to only 26% of small enterprises. This gap indicates a substantial opportunity for smaller institutions to integrate IoT solutions, which could transform their educational offerings and operational efficiencies.
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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe IoT in Education Market Report Segmentation
By Component
By End User
By Application
By Country