EdTech in Asia-Pacific
Summary
EdTech in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). 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 Asia-Pacific edtech market recorded revenues of $168.3 billion in 2023, representing a compound annual growth rate (CAGR) of 21.4% between 2018 and 2023.
- The higher education segment accounted for the market's largest proportion in 2023, with total revenues of $72.7 billion, equivalent to 43.2% of the market's overall value.
- The Asia-Pacific edtech market recorded growth of 7.7% in 2023 due to the rise in internet penetration and digital literacy.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in Asia-Pacific
- 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 Asia-Pacific edtech market with five year forecasts
- What was the size of the Asia-Pacific edtech market by value in 2023?
- What will be the size of the Asia-Pacific edtech market in 2028?
- What factors are affecting the strength of competition in the Asia-Pacific edtech market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific'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 in the market?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the recent developments in the market?
- 8 Company Profiles
- 8.1. Coursera Inc
- 8.2. Beijing Yuanli Education Technology Co Ltd
- 8.3. Udemy Inc
- 8.4. Think and Learn Pvt Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- About GlobalData
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