Analysis of the Latin American IoT in Education Market

LONDON, Aug. 23, 2016 /PRNewswire/ -- Increase in Broadband Connectivity and Government Support Foster Growth of an Interconnected Education Ecosystem

The Internet of Things (IoT) in education ecosystem aims to provide university and lifelong learners, faculty, students, and institutions access to educational tools and content anytime, anywhere, and across any device. This research covers the Latin American IoT in education market segmented by learning management system (LMS), lecture capture solution (LCS), Big Data analytics, and academic devices. Detailed market trend analyses—including market drivers, market restraints, technology trends, and segment analysis—are provided. Revenue forecasts are included for the total LATAM IoT in education market. Major participants and market share analysis are also provided. The base year of the research is 2015 with forecasts running up to 2022.

Market Overview—Definitions
The IoT in education ecosystem aims to provide university and lifelong learners, faculty, students, and institutions access to educational tools and content anytime, anywhere, and across any device. The ecosystem follows the entire learning flow from content creation:

with lecture capture systems, to publishing: with massive open online courses (MOOCs)
and dynamic publishing tools, through management: with learning management systems
for accessing the information via devices.

Big Data helps enterprises and institutions measure the success of their educational and training programs. Big Data creates accountability in this ecosystem and is used to create a customized learning experience to help students meet their educational goals. Data security, rights management, and data storage form the essential foundation of this ecosystem.

For the purpose of the study, Frost & Sullivan will focus on the key revenue contributing segments of IoT in education including LMS, LCS, devices, and Big Data analytics.

- A learning management system (LMS) is a software application or a Web-based technology to plan, implement, automate, organize, track, and assess a specific learning process; and predict learning outcomes.

- An academic LMS is an LMS deployed in an educational setting such as a school, university, or continued learning institution. It is essentially a course management system that allows the instructor to build course content and to monitor student achievement.

Academic LMS systems are also designed to facilitate instructor-student, studentstudent, and instructor-parent communication.

- A lecture capture solution (LCS) is a platform (software, hardware, service, or hybrid) that records an educational meeting, lesson, or presentation in digital format for
concurrent or later viewing. These solutions enable content to be captured, stored, accessed, and annotated online for streaming or for ad-hoc, on-demand consumption on diverse end-user connected devices, including PCs, tablets, and phones.
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