Education Technology Market In North America 2024-2028
The education technology market in north america is forecasted to grow by USD 64081.5 mn during 2023-2028, accelerating at a CAGR of 16.58% during the forecast period. The report on the education technology market in north america provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of virtual schools, learning process enhancements in academic sector, and increasing government initiatives and educational funding.
Technavio's education technology market in north america is segmented as below:
- By End-user
- Business
- Consumer
- By Deployment
- On-premises
- Cloud
- By Geographical Landscape
- North America
This study identifies the growing inclination towARd integrating AR, VR, and AI in smARt classrooms as one of the prime reasons driving the education technology market in north america growth during the next few years. Also, surge in demand for soft skills and communication-based programs and increased demand for distance learning will lead to sizable demand in the market.
The report on the education technology market in north america covers the following areas:
- Education technology market in north america sizing
- Education technology market in north america forecast
- Education technology market in north america industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading education technology market in north america vendors that include 2U Inc., Alphabet Inc., ApplyBoard Inc., Blackboard Inc., Chegg Inc., Cornerstone OnDemand Inc., Coursera Inc., Ellucian Co., Instructure Holdings Inc., International Business Machines Corp., MAXHUB, Microsoft Corp., PowerSchool Holdings Inc., Promethean World Ltd., Quizizz, Simplilearn, Skillsoft Corp., SkyPrep Inc., Think and Learn Pvt. Ltd., Udacity Inc., and Upright Education. Also, the education technology market in north america analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.