The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023

Increasing use of connected devices in education institutions to drive the IoT in education market.The global IoT in education market size is expected to grow from USD 4.8 billion in 2018 to USD 11.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 18.8% during the forecast period. Major factors driving the IoT in education market include increasing use of connected devices in the education institutions, rapid adoption of eLearning, and availability of cloud-based solution. However, increasing cyber-attacks on education institutions raise the concern for data security and privacy and may hinder the adoption of IoT in education.Education institutions have been using various applications for enhancing the learning experience and increasing the interaction between educators and students.This, in turn, has significantly increased the demand for the application management solution.