The global edtech market size reached US$ 222.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 661.2 Billion by 2032, exhibiting a growth rate (CAGR) of 12.48% during 2024-2032.
More Info:- https://www.imarcgroup.com/edtech-market
2. About IMARC Group
International Market Analysis Research and Consulting Group is a leading adviser on management
strategy and market research worldwide. We partner with clients in all regions and industry
verticals to identify their highest-value opportunities, address their most critical challenges, and
transform their businesses.
IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing methods
are at the top of the company’s expertise.
IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our clients
achieve unmatchable competitive advantage, build more proficient organizations, and secure lasting
results.
3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Edtech Market: Global
Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-
2032," the global edtech market size reached US$ 222.4 Billion in 2023.
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
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$ 661.2 Billion by 2032, expanding at a CAGR of
12.48% during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/edtech-market
6. Report
Segmentation
Breakup by End User:
• Individual Learners
• Institutes
• Enterprises
Breakup by Region:
• North America
• Asia-Pacific
• Europe
• Latin America
• Middle East and Africa
7. 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.
8. Key Questions
Answered in
the Report
What was the size of the global edtech market in 2023?
What is the expected growth rate of the global edtech market
during 2024-2032?
What are the key factors driving the global edtech market?
What has been the impact of COVID-19 on the global edtech
market?
What is the breakup of the global edtech market based on the
sector?
What is the breakup of the global edtech market based on the
type?
9. Key Questions
Answered in
the Report
What is the breakup of the global edtech market based on the
deployment mode?
What is the breakup of the global edtech market based on the
end user?
What are the key regions in the global edtech market?
Who are the key players/companies in the global edtech
market?
10. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Edtech Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Sector
6.1 Preschool
6.1.1 Mark et Trends
6.1.2 Mark et Forecast
6.2 K-12
6.2.1 Mark et Trends
6.2.2 Mark et Forecast
6.3 Higher Education
6.3.1 Mark et Trends
6.3.2 Mark et Forecast
11. Table of
Contents
6.4 Others
6.4.1 Mark et Trends
6.4.2 Mark et Forecast
7 Market Breakup by Type
7.1 Hardware
7.1.1 Mark et Trends
7.1.2 Mark et Forecast
7.2 Software
7.2.1 Mark et Trends
7.2.2 Mark et Forecast
7.3 Content
7.3.1 Mark et Trends
7.3.2 Mark et Forecast
8 Market Breakup by Deployment Mode
8.1 Cloud-based
8.1.1 Mark et Trends
8.1.2 Mark et Forecast
8.2 On-premises
8.2.1 Mark et Trends
8.2.2 Mark et Forecast
9 Market Breakup by End User
9.1 Individual Learners
9.1.1 Market Trends
9.1.2 Mark et Forecast
9.2 Institutes
9.2.1 Mark et Trends
9.2.2 Mark et Forecast
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