Change Language

Select Language

COVID-19
The pandemic continues to cause unprecedented disruption across industries worldwide.
Get detailed insights regarding the impact of COVID-19 on the market.

Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global edtech market size reached US$ 168.75 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 396.47 Billion by 2027, exhibiting a growth rate (CAGR) of 14.50% during 2022-2027.

Education technology (EdTech) refers to a technology that is used to deliver education on a virtual level. EdTech consists of hardware and software that are used to deliver education on a virtual level for the benefit of students and to improve their education outcomes. The use of technology for learning and teaching assists students in overcoming hurdles to obtaining a comprehensive education. Digital content is easier to generate than printed content, which has a higher production cost, and therefore eBooks are becoming increasingly popular among learners due to their cost efficiency, flexibility and portability. Additionally, listeners with disabilities can benefit from audio formats of educational content to improve their vocabulary and learn to read interpretively.

Edtech Market Trends:

The market is majorly driven by the paradigm shift in the adoption of touchscreen displays from projector-based displays to provide more student engagement. This can be attributed to the rapid digitization in the education sector. In addition to this, the rapid utilization of artificial intelligence (Al) and machine learning (ML) technologies for creating personalized eLearning experiences is creating a positive market outlook. Moreover, the expanding penetration of high-speed internet, along with the increasing sales of smart devices, is providing an impetus to the market. Increasing investments in online learning and distance learning programs due to their flexibility and real-time feedback are also impacting the market positively. The market is further propelled by the outbreak of COVID-19 leading to the rapid closure of educational institutions and the mandatory implementation of social distancing norms resulting in widespread digital learning via digital platforms. Some of the other factors that are contributing to the market include rapid urbanization, inflating disposable income levels, the emergence of 5G, and extensive research and development (R&D) activities.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global edtech market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on sector, type, deployment mode and end user.

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 
  • 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
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being 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. and upGrad Education Private Limited.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Sector, Type, Deployment Mode, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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. and upGrad Education Private Limited.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global edtech market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global edtech market?
  • What are the key regional markets?
  • What is the breakup of the market based on the sector?
  • What is the breakup of the market based on the type?
  • What is the breakup of the market based on the deployment mode?
  • What is the breakup of the market based on the end user?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global edtech market and who are the key players?
  • What is the degree of competition in the industry?

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 Market Trends
        6.1.2 Market Forecast
    6.2    K-12
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Higher Education
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Type
    7.1    Hardware
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Software
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Content
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Deployment Mode
    8.1    Cloud-based
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    On-premises
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End User
    9.1    Individual Learners
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Institutes
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Enterprises
        9.3.1 Market Trends
        9.3.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis

    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    2U Inc.
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
        15.3.2    BYJU'S
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
        15.3.3    Chegg Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
           15.3.3.3 Financials
        15.3.4    Class Technologies Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
        15.3.5    Coursera Inc.
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
           15.3.5.3 Financials
        15.3.6    Edutech
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
        15.3.7    Google LLC (Alphabet Inc.)
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
           15.3.7.3 SWOT Analysis
        15.3.8    Instructure Inc.
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Lenovo Group Limited
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
           15.3.9.3 Financials
           15.3.9.4 SWOT Analysis
        15.3.10    SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.)
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
        15.3.11    Udacity Inc.
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    upGrad Education Private Limited
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Edtech Market: Major Drivers and Challenges
Figure 2: Global: Edtech Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Edtech Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Edtech Market: Breakup by Sector (in %), 2021
Figure 5: Global: Edtech Market: Breakup by Type (in %), 2021
Figure 6: Global: Edtech Market: Breakup by Deployment Mode (in %), 2021
Figure 7: Global: Edtech Market: Breakup by End User (in %), 2021
Figure 8: Global: Edtech Market: Breakup by Region (in %), 2021
Figure 9: Global: Edtech (Preschool) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Edtech (Preschool) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Edtech (K-12) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Edtech (K-12) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Edtech (Higher Education) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Edtech (Higher Education) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Edtech (Other Sectors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Edtech (Other Sectors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Edtech (Hardware) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Edtech (Hardware) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Edtech (Software) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Edtech (Software) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Edtech (Content) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Edtech (Content) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Edtech (Cloud-based) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Edtech (Cloud-based) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Edtech (On-premises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Edtech (On-premises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Edtech (Individual Learners) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Edtech (Individual Learners) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Edtech (Institutes) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Edtech (Institutes) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Edtech (Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Edtech (Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: North America: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: North America: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: United States: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: United States: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Canada: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Canada: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Asia-Pacific: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Asia-Pacific: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: China: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: China: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Japan: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Japan: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: India: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: India: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: South Korea: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: South Korea: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Australia: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Australia: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Indonesia: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Indonesia: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Others: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Others: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Europe: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Europe: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Germany: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Germany: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: France: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: France: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: United Kingdom: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: United Kingdom: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Italy: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Italy: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Spain: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Spain: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Russia: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Russia: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: Others: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: Others: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: Latin America: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: Latin America: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Brazil: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Brazil: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Mexico: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Mexico: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Others: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Others: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Middle East and Africa: Edtech Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Middle East and Africa: Edtech Market: Breakup by Country (in %), 2021
Figure 81: Middle East and Africa: Edtech Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Global: Edtech Industry: SWOT Analysis
Figure 83: Global: Edtech Industry: Value Chain Analysis
Figure 84: Global: Edtech Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Edtech Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Edtech Market Forecast: Breakup by Sector (in Million US$), 2022-2027
Table 3: Global: Edtech Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: Global: Edtech Market Forecast: Breakup by Deployment Mode (in Million US$), 2022-2027
Table 5: Global: Edtech Market Forecast: Breakup by End User (in Million US$), 2022-2027
Table 6: Global: Edtech Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Edtech Market: Competitive Structure
Table 8: Global: Edtech Market: Key Players


Note: We value your privacy and will never rent or sell your email address. Privacy policy

Need more help?

  •   Speak to our experienced analysts for insights on the current market scenarios.
  •   Include additional segments and countries to customize the report as per your requirement.
  •   Gain an unparalleled competitive advantage in your domain by understanding how to utilize the report and positively impacting your operations and revenue.
  •   For further assistance, please connect with our analysts.

Related Report

Purchase Options




$ 2499

REACH OUT TO US

Call us on

( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91 120 433 0800 )


Drop us an email at

sales@imarcgroup.com

Social Links

4