South Africa EdTech Market Summary, Competitive Analysis and Forecast to 2027
Summary
EdTech in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 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 South African edtech market had total revenues of $763 million in 2022, representing a compound annual growth rate (CAGR) of 9.4% 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 $ 461 million, equivalent to 60.4% of the market's overall value.
- The improving technological environment and growing digitization are the major factors, driving growth in the South African edtech market.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in South Africa
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in South Africa
- 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 South Africa edtech market with five year forecasts
- What was the size of the South Africa edtech market by value in 2022?
- What will be the size of the South Africa edtech market in 2027?
- What factors are affecting the strength of competition in the South Africa edtech market?
- How has the market performed over the last five years?
- Who are the top competitors in South Africa'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. Udemy 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: South Africa edtech market value: $ million, 2017–22
- Table 2: South Africa edtech market category segmentation: % share, by value, 2017–2022
- Table 3: South Africa edtech market category segmentation: $ million, 2017-2022
- Table 4: South Africa edtech market geography segmentation: $ million, 2022
- Table 5: South Africa 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: Udemy Inc: key facts
- Table 10: Udemy Inc: key employees
- Table 11: South Africa size of population (million), 2018–22
- Table 12: South Africa gdp (constant 2005 prices, $ billion), 2018–22
- Table 13: South Africa gdp (current prices, $ billion), 2018–22
- Table 14: South Africa inflation, 2018–22
- Table 15: South Africa consumer price index (absolute), 2018–22
- Table 16: South Africa exchange rate, 2018–22
- List of Figures
- Figure 1: South Africa edtech market value: $ million, 2017–22
- Figure 2: South Africa edtech market category segmentation: $ million, 2017-2022
- Figure 3: South Africa edtech market geography segmentation: % share, by value, 2022
- Figure 4: South Africa edtech market value forecast: $ million, 2022–27
- Figure 5: Forces driving competition in the edtech market in South Africa, 2022
- Figure 6: Drivers of buyer power in the edtech market in South Africa, 2022
- Figure 7: Drivers of supplier power in the edtech market in South Africa, 2022
- Figure 8: Factors influencing the likelihood of new entrants in the edtech market in South Africa, 2022
- Figure 9: Factors influencing the threat of substitutes in the edtech market in South Africa, 2022
- Figure 10: Drivers of degree of rivalry in the edtech market in South Africa, 2022
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