EdTech in Europe 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 European edtech market recorded revenues of $18.1 billion in 2023, representing a compound annual growth rate (CAGR) of 18.8% between 2018 and 2023.
The pre-k-12 and k-12 segments accounted for the market's largest proportion in 2023, with total revenues of $9.9 billion, equivalent to 54.8% of the market's overall value.
The European edtech market recorded growth of 13.0% in 2023 due to the rise in internet penetration and digital literacy.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in Europe
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in Europe
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 Europe edtech market with five year forecasts
Reasons to Buy
What was the size of the Europe edtech market by value in 2023?
What will be the size of the Europe edtech market in 2028?
What factors are affecting the strength of competition in the Europe edtech market?
How has the market performed over the last five years?
What are the main segments that make up Europe'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 most recent notable developments?
8 Company Profiles
8.1. Blackboard Inc
8.2. Chegg Inc
8.3. Coursera Inc
8.4. OpenClassrooms
8.5. Lingoda GmbH
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
About GlobalData
List of Tables
Table 1: Europe edtech market value: $ million, 2018-23
Table 2: Europe edtech market category segmentation: % share, by value, 2018-2023
Table 3: Europe edtech market category segmentation: $ million, 2018-2023
Table 4: Europe edtech market geography segmentation: $ million, 2023
Table 5: Europe edtech market value forecast: $ million, 2023-28
Table 6: Blackboard Inc: key facts
Table 7: Blackboard Inc: key employees
Table 8: Chegg Inc: key facts
Table 9: Chegg Inc: annual financial ratios
Table 10: Chegg Inc: key employees
Table 11: Coursera Inc: key facts
Table 12: Coursera Inc: annual financial ratios
Table 13: Coursera Inc: key employees
Table 14: OpenClassrooms: key facts
Table 15: Lingoda GmbH: key facts
Table 16: Europe size of population (million), 2019-23
Table 17: Europe gdp (constant 2005 prices, $ billion), 2019-23
Table 18: Europe gdp (current prices, $ billion), 2019-23
Table 19: Europe inflation, 2019-23
Table 20: Europe consumer price index (absolute), 2019-23
Table 21: Europe exchange rate, 2019-23
List of Figures
Figure 1: Europe edtech market value: $ million, 2018-23
Figure 2: Europe edtech market category segmentation: $ million, 2018-2023
Figure 3: Europe edtech market geography segmentation: % share, by value, 2023
Figure 4: Europe edtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the edtech market in Europe, 2023
Figure 6: Drivers of buyer power in the edtech market in Europe, 2023
Figure 7: Drivers of supplier power in the edtech market in Europe, 2023
Figure 8: Factors influencing the likelihood of new entrants in the edtech market in Europe, 2023
Figure 9: Factors influencing the threat of substitutes in the edtech market in Europe, 2023
Figure 10: Drivers of degree of rivalry in the edtech market in Europe, 2023