The global edtech market is predicted to soar at a remarkable 14.3% CAGR between 2024 and 2034, from its projected worth of USD 108.2 billion in 2024. By 2034, the total value of the global educational technology market is projected to hit USD 411.56 billion.
Since there is a growing need for online learning solutions, the EdTech market is expected to expand significantly. Gamification, AI-driven technologies, and personalized learning are vital education technology market trends.
The educational technology market is expanding due to government initiatives, growing investments in EdTech providers, and the incorporation of augmented and virtual reality. As education becomes digital and accessible, the edtech market is predicted to continue growing, offering chances for innovation and a shift in how knowledge is obtained and taught.
Attributes | Details |
---|---|
Market Value for 2024 | USD 108.2 billion |
Market Value for 2034 | USD 411.56 billion |
Market CAGR from 2024 to 2034 | 14.3% |
Attributes | Details |
---|---|
Market Value for 2019 | USD 58.67 billion |
Market Value for 2023 | USD 95.13 billion |
Market CAGR from 2019 to 2023 | 12.8% |
The segmented market analysis of EdTech is included in the following subsection. Based on comprehensive studies, the hardware sector is leading the component category, and the academic institution segment is commanding the end-user category.
Attributes | Hardware |
---|---|
Market Share (2024) | 42.8% |
Attributes | Academic Institution |
---|---|
Market Share (2024) | 45.0% |
The edtech market can be observed in the subsequent tables, which focus on the leading economies in Germany, Japan, China, the United States, Australia, and New Zealand. A comprehensive evaluation demonstrates that Australia and New Zealand have enormous opportunities.
Country | Australia and New Zealand |
---|---|
CAGR (2024 to 2034) | 22.7% |
Nation | Japan |
---|---|
CAGR (2024 to 2034) | 17.8% |
Nation | China |
---|---|
CAGR (2024 to 2034) | 13.5% |
Nation | Germany |
---|---|
CAGR (2024 to 2034) | 12.4% |
Nation | United States |
---|---|
CAGR (2024 to 2034) | 11.2% |
Key edtech vendors in the competitive landscape are advancing innovation and influencing the direction of education. Leading edtech manufacturers providing a wide range of global solutions to learners include Chegg, Coursera, and Blackboard Inc.
Plaetzi, PlelQ, and Digital House, each contributing their methods to meet different educational demands. Through their edtech platforms, Agenda Edu and UOL improve accessibility and engagement. Crehana and Smart Technologies broaden the selection with their specialist services and tools.
Important roles are played by EdX, Microsoft, and Oracle Corporation, which use their technology know-how to revolutionize education. Notable edtech providers that offer specialized services and solutions are Hurix Digital and E-Zest Solutions Ltd.
Conventional learning environments are revolutionized by Touch IT Technologies and Promethan World's unique classroom solutions. SIMA E-learning broadens the scope of educational opportunities by incorporating a global perspective.
These producers work together and compete to shape the Edtech industry. Their combined efforts open the door for a more promising future for education by promoting creativity, accessibility, and diversity in the field.
These major edtech vendors continue to be at the forefront, influencing millions of people's educational experiences as the market expands and changes.
Notable Advancements and Breakthroughs
Company | Details |
---|---|
Baims | Baims, a Kuwaiti EdTech company, purchased Egyptian online tutoring startup Orcas in January 2024. Through the acquisition, Baims hopes to become more well-known and increase its services by adding individualized one-on-one teaching and pre-recorded courses. |
EchoPollTM | The EdTech SaaS platforms EchoPollTM for interactive polling, ExamViewTM with expanded assessment features, and EchoVideoTM with improved editing tools and accessibility were announced by Echo360 in April 2023. With a focus on interaction, these releases seek to revolutionize the educational process and solidify Echo360's leadership in the EdTech space. |
Finnish Global Education Solutions Oy | Finnish Global Education Solutions Oy and Indian ed-tech platform Stones2Milestones joined in November 2023. The cooperation intends to concentrate on developing cutting-edge technological solutions for wider worldwide application and integrating the Finnish learning paradigm into Indian schools, with an emphasis on teacher professional development. |
Teachmint Technologies Pvt. Ltd. | An online software for teachers and students called Teachmint Technologies Pvt. Ltd. purchased MyClassCampus, an ERP platform for educational institutions, in January 2022. |
BYJU'S | To improve consistency in online learning for instructors and students alike, BYJU'S, an EdTech startup offering online tuition, teamed up with Google LLC in June 2021. Due to this collaboration, educational establishments can now provide students with a customized digital classroom management platform. |
Report Attributes | Details |
---|---|
Current Total Market Size (2025) | USD 108.2 billion |
Projected Market Size (2035) | USD 411.56 billion |
CAGR (2025 to 2035) | 14.3% |
Base Year for Estimation | 2023 |
Historical Period | 2019 to 2023 |
Forecast Period | 2024 to 2034 |
Quantitative Units | Revenue in USD billion |
Product Types Analyzed (Segment 1) | Hardware, Software, Content |
Applications Analyzed (Segment 2) | Preschool, K-12, Higher Education, Others |
Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; Middle East & Africa |
Countries Covered | United States, Canada, Germany, France, United Kingdom, Italy, Spain, China, India, Japan, South Korea, Australia, Brazil, Mexico, South Africa |
Key Players Influencing the EdTech Market | Google for Education; Microsoft Education; Coursera; Blackboard Inc.; Pearson; Udemy; Khan Academy; Byju’s; Duolingo; EdX (2U Inc.) |
Additional Attributes | Market segmentation by product type and application; analysis of consumer preferences for digital learning tools; regulatory landscape overview; impact of technological advancements on market growth; regional market trends and growth opportunities |
Customization & Pricing | Available upon Request. |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2019 to 2034
Table 2: Global Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 3: Global Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 4: Global Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 5: North America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 6: North America Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 7: North America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 8: North America Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 9: Latin America Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 10: Latin America Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 11: Latin America Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 12: Latin America Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 13: Western Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 14: Western Europe Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 15: Western Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 16: Western Europe Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 17: Eastern Europe Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 18: Eastern Europe Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 19: Eastern Europe Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 20: Eastern Europe Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 21: South Asia and Pacific Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 22: South Asia and Pacific Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 23: South Asia and Pacific Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 24: South Asia and Pacific Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 25: East Asia Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 26: East Asia Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 27: East Asia Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 28: East Asia Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Table 29: Middle East and Africa Market Value (US$ Million) Forecast by Country, 2019 to 2034
Table 30: Middle East and Africa Market Value (US$ Million) Forecast by Component, 2019 to 2034
Table 31: Middle East and Africa Market Value (US$ Million) Forecast by End User, 2019 to 2034
Table 32: Middle East and Africa Market Value (US$ Million) Forecast by Deployment, 2019 to 2034
Figure 1: Global Market Value (US$ Million) by Component, 2024 to 2034
Figure 2: Global Market Value (US$ Million) by End User, 2024 to 2034
Figure 3: Global Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 4: Global Market Value (US$ Million) by Region, 2024 to 2034
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2019 to 2034
Figure 6: Global Market Value Share (%) and BPS Analysis by Region, 2024 to 2034
Figure 7: Global Market Y-o-Y Growth (%) Projections by Region, 2024 to 2034
Figure 8: Global Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 9: Global Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 10: Global Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 11: Global Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 12: Global Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 13: Global Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 14: Global Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 15: Global Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 16: Global Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 17: Global Market Attractiveness by Component, 2024 to 2034
Figure 18: Global Market Attractiveness by End User, 2024 to 2034
Figure 19: Global Market Attractiveness by Deployment, 2024 to 2034
Figure 20: Global Market Attractiveness by Region, 2024 to 2034
Figure 21: North America Market Value (US$ Million) by Component, 2024 to 2034
Figure 22: North America Market Value (US$ Million) by End User, 2024 to 2034
Figure 23: North America Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 24: North America Market Value (US$ Million) by Country, 2024 to 2034
Figure 25: North America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 26: North America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 27: North America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 28: North America Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 29: North America Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 30: North America Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 31: North America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 32: North America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 33: North America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 34: North America Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 35: North America Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 36: North America Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 37: North America Market Attractiveness by Component, 2024 to 2034
Figure 38: North America Market Attractiveness by End User, 2024 to 2034
Figure 39: North America Market Attractiveness by Deployment, 2024 to 2034
Figure 40: North America Market Attractiveness by Country, 2024 to 2034
Figure 41: Latin America Market Value (US$ Million) by Component, 2024 to 2034
Figure 42: Latin America Market Value (US$ Million) by End User, 2024 to 2034
Figure 43: Latin America Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 44: Latin America Market Value (US$ Million) by Country, 2024 to 2034
Figure 45: Latin America Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 46: Latin America Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 47: Latin America Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 48: Latin America Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 49: Latin America Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 50: Latin America Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 51: Latin America Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 52: Latin America Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 53: Latin America Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 54: Latin America Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 57: Latin America Market Attractiveness by Component, 2024 to 2034
Figure 58: Latin America Market Attractiveness by End User, 2024 to 2034
Figure 59: Latin America Market Attractiveness by Deployment, 2024 to 2034
Figure 60: Latin America Market Attractiveness by Country, 2024 to 2034
Figure 61: Western Europe Market Value (US$ Million) by Component, 2024 to 2034
Figure 62: Western Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 63: Western Europe Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 64: Western Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 65: Western Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 66: Western Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 67: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 68: Western Europe Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 69: Western Europe Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 70: Western Europe Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 71: Western Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 72: Western Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 73: Western Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 74: Western Europe Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 75: Western Europe Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 76: Western Europe Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 77: Western Europe Market Attractiveness by Component, 2024 to 2034
Figure 78: Western Europe Market Attractiveness by End User, 2024 to 2034
Figure 79: Western Europe Market Attractiveness by Deployment, 2024 to 2034
Figure 80: Western Europe Market Attractiveness by Country, 2024 to 2034
Figure 81: Eastern Europe Market Value (US$ Million) by Component, 2024 to 2034
Figure 82: Eastern Europe Market Value (US$ Million) by End User, 2024 to 2034
Figure 83: Eastern Europe Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 84: Eastern Europe Market Value (US$ Million) by Country, 2024 to 2034
Figure 85: Eastern Europe Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 86: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 87: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 88: Eastern Europe Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 89: Eastern Europe Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 90: Eastern Europe Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 91: Eastern Europe Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 92: Eastern Europe Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 93: Eastern Europe Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 94: Eastern Europe Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 95: Eastern Europe Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 96: Eastern Europe Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 97: Eastern Europe Market Attractiveness by Component, 2024 to 2034
Figure 98: Eastern Europe Market Attractiveness by End User, 2024 to 2034
Figure 99: Eastern Europe Market Attractiveness by Deployment, 2024 to 2034
Figure 100: Eastern Europe Market Attractiveness by Country, 2024 to 2034
Figure 101: South Asia and Pacific Market Value (US$ Million) by Component, 2024 to 2034
Figure 102: South Asia and Pacific Market Value (US$ Million) by End User, 2024 to 2034
Figure 103: South Asia and Pacific Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 104: South Asia and Pacific Market Value (US$ Million) by Country, 2024 to 2034
Figure 105: South Asia and Pacific Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 106: South Asia and Pacific Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 107: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 108: South Asia and Pacific Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 109: South Asia and Pacific Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 110: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 111: South Asia and Pacific Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 112: South Asia and Pacific Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 113: South Asia and Pacific Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 114: South Asia and Pacific Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 115: South Asia and Pacific Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 116: South Asia and Pacific Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 117: South Asia and Pacific Market Attractiveness by Component, 2024 to 2034
Figure 118: South Asia and Pacific Market Attractiveness by End User, 2024 to 2034
Figure 119: South Asia and Pacific Market Attractiveness by Deployment, 2024 to 2034
Figure 120: South Asia and Pacific Market Attractiveness by Country, 2024 to 2034
Figure 121: East Asia Market Value (US$ Million) by Component, 2024 to 2034
Figure 122: East Asia Market Value (US$ Million) by End User, 2024 to 2034
Figure 123: East Asia Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 124: East Asia Market Value (US$ Million) by Country, 2024 to 2034
Figure 125: East Asia Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 126: East Asia Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 127: East Asia Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 128: East Asia Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 129: East Asia Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 130: East Asia Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 131: East Asia Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 132: East Asia Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 133: East Asia Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 134: East Asia Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 135: East Asia Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 136: East Asia Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 137: East Asia Market Attractiveness by Component, 2024 to 2034
Figure 138: East Asia Market Attractiveness by End User, 2024 to 2034
Figure 139: East Asia Market Attractiveness by Deployment, 2024 to 2034
Figure 140: East Asia Market Attractiveness by Country, 2024 to 2034
Figure 141: Middle East and Africa Market Value (US$ Million) by Component, 2024 to 2034
Figure 142: Middle East and Africa Market Value (US$ Million) by End User, 2024 to 2034
Figure 143: Middle East and Africa Market Value (US$ Million) by Deployment, 2024 to 2034
Figure 144: Middle East and Africa Market Value (US$ Million) by Country, 2024 to 2034
Figure 145: Middle East and Africa Market Value (US$ Million) Analysis by Country, 2019 to 2034
Figure 146: Middle East and Africa Market Value Share (%) and BPS Analysis by Country, 2024 to 2034
Figure 147: Middle East and Africa Market Y-o-Y Growth (%) Projections by Country, 2024 to 2034
Figure 148: Middle East and Africa Market Value (US$ Million) Analysis by Component, 2019 to 2034
Figure 149: Middle East and Africa Market Value Share (%) and BPS Analysis by Component, 2024 to 2034
Figure 150: Middle East and Africa Market Y-o-Y Growth (%) Projections by Component, 2024 to 2034
Figure 151: Middle East and Africa Market Value (US$ Million) Analysis by End User, 2019 to 2034
Figure 152: Middle East and Africa Market Value Share (%) and BPS Analysis by End User, 2024 to 2034
Figure 153: Middle East and Africa Market Y-o-Y Growth (%) Projections by End User, 2024 to 2034
Figure 154: Middle East and Africa Market Value (US$ Million) Analysis by Deployment, 2019 to 2034
Figure 155: Middle East and Africa Market Value Share (%) and BPS Analysis by Deployment, 2024 to 2034
Figure 156: Middle East and Africa Market Y-o-Y Growth (%) Projections by Deployment, 2024 to 2034
Figure 157: Middle East and Africa Market Attractiveness by Component, 2024 to 2034
Figure 158: Middle East and Africa Market Attractiveness by End User, 2024 to 2034
Figure 159: Middle East and Africa Market Attractiveness by Deployment, 2024 to 2034
Figure 160: Middle East and Africa Market Attractiveness by Country, 2024 to 2034
The education technology market to secure a valuation of USD 108.2 billion in 2024.
The education technology market is estimated to reach USD 411.56 billion by 2034.
Through 2034, the education technology industry is anticipated to expand at a 14.3% CAGR.
From 2019 to 2023, the education technology market recorded a 12.8% CAGR.
The hardware sector is set to achieve a market share of 42.80% in 2024.
A 45.0% market share is expected for the academic institution sector in 2024.
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