Global K12 Education Technology Market Growth (Status and Outlook) 2023-2029

Global K12 Education Technology Market Growth (Status and Outlook) 2023-2029

K-12 (kindergarten through 12th grade) is the term commonly used for talking about a person’s first 13 years of schooling before entering university. It also refers to the Elementary and Secondary education. EdTech enables communication to reach deeper and wider audiences. EdTech has enriched education, reaching various industrial categories such as coding, language, Science, Technology, Engineering, Math (STEM), social-emotional learning, early childhood education and learning management tools. The emergence of Virtual Reality (VR) has also enhanced educational activities, enabling them to become more interactive. There are a few major players in each market category highlighted in the following table. The main consumers in EdTech include K-12 and other students who participate in the educational programs, as well as higher educational institutions and corporations that develop EdTech products.
LPI (LP Information)' newest research report, the “K12 Education Technology Industry Forecast” looks at past sales and reviews total world K12 Education Technology sales in 2022, providing a comprehensive analysis by region and market sector of projected K12 Education Technology sales for 2023 through 2029. With K12 Education Technology sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world K12 Education Technology industry.
This Insight Report provides a comprehensive analysis of the global K12 Education Technology landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on K12 Education Technology portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global K12 Education Technology market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for K12 Education Technology and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global K12 Education Technology.
The global K12 Education Technology market size is projected to grow from US$ 14490 million in 2022 to US$ 72780 million in 2029; it is expected to grow at a CAGR of 25.9% from 2023 to 2029.
The K-12 Education Technology market is less concentrated and key players include VIP Kid, Yuanfudao, Byju’s, PowerSchool, Sanoma, Pearson, Kroton, etc. and remarkably, top two companies are from China, altogether held over 13% of the market in 2019. Though now Europe is the leading region in the market, India and China are believed to have faster growing rate. Also it is a relatively new industry, the market is expected to grow rapidly in the following years with 25% per year. The major application area is online, which helf over 85% of the market.
This report presents a comprehensive overview, market shares, and growth opportunities of K12 Education Technology market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
by Type
Learning Management Systems (LMS)
Learning Content Management Systems (LCMS)
Learning Content Development Systems (LCDS)
Student Response Systems (SRS)
Assessment Systems
Collaboration Systems
by Enabling Technology
Educational Analytics
Educational Gaming
Educational Enterprise Resource Planning (ERP)
Educational Dashboard
Educational Security
Segmentation by application
Online
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
VIP Kid
Yuanfudao
Byju’s
PowerSchool
Sanoma
Pearson
Kroton
BlackBoard
ITutorGroup
D2L
Acro Platform Ltd
Learnosity
Illuminate Education
Bettermarks
Noon Academy
Toppr

Please note: The report will take approximately 2 business days to prepare and deliver.