The global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.
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2. Report Description
About IMARC Group
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and regions to identify their highest-value opportunities, address their most critical
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3. Report Description
Report Description and Highlights
Global Edtech Market Research Report:
The latest report by IMARC, titled “Edtech Market: Global Industry Trends, Share, Size, Growth,
Opportunity and Forecast 2023-2028” the global EdTech market size reached US$ 194.6 Billion in
2022.
Education technology (EdTech) refers to the utilization of digital tools, platforms, and resources to
enhance and facilitate the learning process. It encompasses a wide array of technologies and tools,
including online courses, educational apps, interactive multimedia, virtual reality (VR), and learning
management systems.
It enables personalized and adaptive learning, allowing students to learn at their own pace and
catering to their individual needs. It provides access to numerous educational content and resources,
breaking down geographical barriers and promoting inclusive education. It also promotes active
engagement and collaboration among students through interactive learning activities and online
discussion forums.
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4. Report Description
Report Description and Highlights
Global Edtech Market Trends:
At present, the rising availability of online and blended learning models represents one of the primary factors
impelling the growth of the market. Besides this, the rising number of educational institutions and learners relying on
digital platforms and tools to deliver and access education remotely is contributing to the growth of the market. In
addition, the growing traction of interactive and immersive learning experiences that enhance student engagement,
motivation, and knowledge retention is offering a favorable market outlook.
Apart from this, the increasing integration of artificial intelligence (AI) and machine learning (ML) algorithms into
EdTech platforms to offer personalized and adaptive learning experiences is supporting the growth of the market.
Looking forward, the market value is projected to reach US$ 452.4 Billion by 2028, expanding at a CAGR of 14.3%
during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period
(2023-2028).
5. Report Description
Report Description and Highlights
Market Summary:
Breakup by Sector:
• Preschool
• K-12
• Higher Education
• Others
Breakup by Type:
• Hardware
• Software
• Content
Breakup by Deployment Mode:
• Cloud-based
• On-premises
Breakup by End User:
• Individual Learners
• Institutes
6. Report Description
Report Description and Highlights
• Enterprises
Breakup by Region:
• North America
• United States
• Canada
• Asia-Pacific
• China
• Japan
• India
• South Korea
• Australia
• Indonesia
• Others
• Europe
• Germany
• France
• United Kingdom
• Italy
• Spain
8. Competitive Landscape with Key Players:
• 2U Inc.
• BYJU'S
• Chegg Inc.
• Class Technologies Inc.
• Coursera Inc.
• Edutech
• Google LLC (Alphabet Inc.)
• Instructure Inc.
• Lenovo Group Limited
• SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.)
• Udacity Inc.
• upGrad Education Private Limited
View Full Report with TOC & List of Figure: https://www.imarcgroup.com/edtech-market
Report Description
Report Description and Highlights
9. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients
10. A partial List of our Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
Partial List of Clients