Education Technology Trends and Forecast
The future of the global education technology market looks promising with opportunities in the business and consumer markets. The global education technology market is expected to grow with a CAGR of 13.2% from 2024 to 2030. The major drivers for this market are increasing demand for personalized learning, growing internet and mobile penetration, and the low cost of e-learning material.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Education Technology by Segment
The study includes a forecast for the global education technology by type, sector, deployment, end use, and region.
Education Technology Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Hardware
• Software
• Content
Education Technology Market by Sector [Shipment Analysis by Value from 2018 to 2030]:
• Preschool
• K-12
• Higher Education
• Others
Education Technology Market by Deployment [Shipment Analysis by Value from 2018 to 2030]:
• Cloud
• On-Premises
Education Technology Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Business
• Consumer
• Other
Education Technology Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Education Technology Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies education technology companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the education technology companies profiled in this report include-
• BYJUÄX%$%XS
• Blackboard
• Chegg
• Coursera
• Edutech
• edx
• Google
• Instructure
• Microsoft
• Udacity
Education Technology Market Insights
Lucintel forecasts that hardware will remain the largest segment over the forecast period due to increasing significance of digital classrooms across the education sector.
Within this market, business will remain the largest segment due to surge in collaborations between edtech companies, educational institutions, and content developers.
North America will remain the largest region over the forecast period due to considerable investments from venture capitalists and private equity investors are flowing into the edtech sector.
Features of the Global Education Technology Market
Market Size Estimates: Education technology market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Education technology market size by various segments, such as by type, sector, deployment, end use, and region in terms of value ($B).
Regional Analysis: Education technology market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, sectors, deployment, end uses, and regions for the education technology market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the education technology market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for education technology market?
Answer: The global education technology market is expected to grow with a CAGR of 13.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the education technology market?
Answer: The major drivers for this market are increasing demand for personalized learning, growing internet and mobile penetration, and the low cost of e-learning material.
Q3. What are the major segments for education technology market?
Answer: The future of the education technology market looks promising with opportunities in the business and consumer markets.
Q4. Who are the key education technology market companies?
Answer: Some of the key education technology companies are as follows:
• BYJUÄX%$%XS
• Blackboard
• Chegg
• Coursera
• Edutech
• edx
• Google
• Instructure
• Microsoft
• Udacity
Q5. Which education technology market segment will be the largest in future?
Answer: Lucintel forecasts that hardware will remain the largest segment over the forecast period due to increasing significance of digital classrooms across the education sector.
Q6. In education technology market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to considerable investments from venture capitalists and private equity investors are flowing into the edtech sector.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the education technology market by type (hardware, software, and content), sector (preschool, K-12, higher education, and others), deployment (cloud and on-premises), end use (business, consumer, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Education Technology Market, Education Technology Market Size, Education Technology Market Growth, Education Technology Market Analysis, Education Technology Market Report, Education Technology Market Share, Education Technology Market Trends, Education Technology Market Forecast, Education Technology Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.