Canada EdTech Market Summary, Competitive Analysis and Forecast to 2027
Summary
EdTech in Canada industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Educational Technology (EdTech) is the integration of technology into educational practices to improve students’ or users’ learning outcomes. It includes a variety of digital tools and resources, including software, hardware, multimedia, and network equipment. With education technology, learners can learn anytime, anywhere, at their own pace, with tools like gamified content and microlearning courses.
- The Canadian edtech market had total revenues of $1.9 billion in 2022, representing a compound annual growth rate (CAGR) of 13.5% between 2017 and 2022.
- The pre-K-12 and K-12 segment accounted for the market’s largest proportion in 2022, with total revenues of $1.1 billion, equivalent to 57.4% of the market's overall value
- Canada has one of the most renowned education systems in the world, with 9.9% of GDP spent on the public education system.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in Canada
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in Canada
- Leading company profiles reveal details of key edtech market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Canada edtech market with five year forecasts by both value and volume
- What was the size of the Canada edtech market by value in 2022?
- What will be the size of the Canada edtech market in 2027?
- What factors are affecting the strength of competition in the Canada edtech market?
- How has the market performed over the last five years?
- Who are the top competitors in Canada's edtech market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What are the most recent notable developments?
- 7.3. What is the rationale for the recent M&A activity?
- 8 Company Profiles
- 8.1. Coursera Inc
- 8.2. Easy Education Inc
- 8.3. D2L Inc.
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- About GlobalData
- List of Tables
- Table 1: Canada edtech market value: $ million, 2017–22
- Table 2: Canada edtech market category segmentation: % share, by value, 2017–2022
- Table 3: Canada edtech market category segmentation: $ million, 2017-2022
- Table 4: Canada edtech market geography segmentation: $ million, 2022
- Table 5: Canada edtech market value forecast: $ million, 2022–27
- Table 6: Coursera Inc: key facts
- Table 7: Coursera Inc: key employees
- Table 8: Coursera Inc: key employees Continued
- Table 9: Easy Education Inc: key facts
- Table 10: Easy Education Inc: key employees
- Table 11: D2L Inc.: key facts
- Table 12: Canada size of population (million), 2018–22
- Table 13: Canada gdp (constant 2005 prices, $ billion), 2018–22
- Table 14: Canada gdp (current prices, $ billion), 2018–22
- Table 15: Canada inflation, 2018–22
- Table 16: Canada consumer price index (absolute), 2018–22
- Table 17: Canada exchange rate, 2018–22
- List of Figures
- Figure 1: Canada edtech market value: $ million, 2017–22
- Figure 2: Canada edtech market category segmentation: $ million, 2017-2022
- Figure 3: Canada edtech market geography segmentation: % share, by value, 2022
- Figure 4: Canada edtech market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the edtech market in Canada, 2022
- Figure 6: Drivers of buyer power in the edtech market in Canada, 2022
- Figure 7: Drivers of supplier power in the edtech market in Canada, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the edtech market in Canada, 2022
- Figure 9: Factors influencing the threat of substitutes in the edtech market in Canada, 2022
- Figure 10: Drivers of degree of rivalry in the edtech market in Canada, 2022
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