Global Educational Technology Market 2023-2029
Educational Technology (EdTech) refers to the use of advanced technology to assist and enhance teaching and learning methods. These technologies can include hardware devices, software applications, and digital platforms that are designed to improve education workflows and enable better collaboration and communication. EdTech plays a critical role in the transformation of the education industry, enabling better, customized learning experiences while facilitating the teaching and learning process with improved workflow, efficiency, and knowledge delivery. The global EdTech market is projected to rise by USD 187.4 billion by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 15.78 percent during the forecast period.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global EdTech market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the sector, type, end user, and region. The global market for EdTech can be segmented by sector: preschool, K-12, higher education, others. Globally, the K-12 segment made up the largest share of the EdTech market. EdTech market is further segmented by type: hardware, software, content. The hardware segment captured the largest share of the market in 2022. Based on end user, the EdTech market is segmented into: business, consumer, others. According to the research, the business segment had the largest share in the global EdTech market. On the basis of region, the EdTech market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. North America held the largest revenue share in 2022.
Market Segmentation
By sector: preschool, K-12, higher education, others
By type: hardware, software, content
By end user: business, consumer, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The global EdTech market report offers detailed information on several market vendors, including Alphabet Inc, Blackboard Inc., BYJU’S, Chegg, Inc., Coursera, Inc., Instructure, Inc., Udacity, Inc., Upgrad Education Private Limited, Vedantu, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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