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Europe EdTech Market - Focused Insights 2023-2028

Publisher Arizton Advisory and Intelligence
Published Dec 06, 2023
Length 83 Pages
SKU # ARZ18363440

Description

Europe EdTech Market - Focused Insights 2023-2028


REPORT OVERVIEW

The Europe edtech market was valued at $46.09 billion in 2022. The Europe Edtech market has been experiencing robust growth due to various factors. The increasing adoption of digital technology in education and the proliferation of internet connectivity and mobile devices have paved the way for innovative learning solutions. Artificial intelligence and data analytics analyze students’ learning patterns, preferences, and performance. EdTech platforms are increasingly focused on offering personalized and adaptive learning experiences. Despite growth, accessibility remains a challenge in the European Edtech market. Uneven internet access affects adoption, but efforts by nonprofits and developers ensure equitable access through user-friendly interfaces and low-bandwidth solutions.

KEY HIGHLIGHTS
  • EdTech platforms are increasingly focused on offering personalized and adaptive learning experiences. These platforms could use data analytics and artificial intelligence to assess individual student performance, preferences, and learning styles. This data-driven approach allowed for tailored content recommendations, adaptive assessments, and progress tracking, enhancing the effectiveness of the learning process.
  • The European Edtech market showcases an array of segments, tailoring learning experiences to diverse needs. Language learning apps like Babbel and Duolingare popular, catering to those seeking cultural immersion. Platforms like Udemy host skill-based courses, empowering professionals tupskill. This diversity reflects the evolving preferences of learners, driving innovation and competition among Edtech market players.
  • European governments embrace Edtech through funding and policies. Initiatives like France’s “Plan numérique pour l’éducation” prioritize digital literacy. The Edtech Strategy supports innovation in schools. Germany’s “DigitalPakt Schule” invests in tech infrastructure. Such support fosters partnerships between Edtech market players and educational institutions, promoting the integration of digital tools into curricula.
  • Edtech’s shift toward personalized learning is evident in AI integration. AI-driven chatbots provide instant academic support, enhancing student engagement. Analytics tools offer educators insights into student progress, enabling targeted interventions. This personalized approach acknowledges students' diverse learning styles and paces, making education more inclusive and effective.
  • June 2023, BYJU, one of the key vendors, launched BYJU'S WIZ. It is an innovative suite of three cutting-edge Artificial Intelligence (AI) transformer models- BADRI, Math GPT (Generative Pre-Trained Transformer), and Teacher GPT for hyper-personalized and compelling learning experiences. Its integration across BYJU's learning platforms is a significant step forward in the company’s continued efforts for online education. It could empower European ed-tech market players to deliver personalized learning experiences.
LIST OF VENDORS

Key Vendors
  • Pearson
  • Coursera
  • Duolingo
  • Boxlight
  • 2U
Other Prominent Vendors
  • BYJU'S
  • Kahoot!
  • Blackboard
  • ApplyBoard
  • VIPKid
  • BetterUp
  • Course Her
  • CoachHub
  • Babbel
  • Brainly
  • Preply
  • Labster
  • Udemy
  • Sharpist
  • OBRIZUM
  • Lingoda
  • FutureLearn
  • Lingvist
  • Eruditus
  • eduMe
  • Matific
  • CoGrammar
  • zicklearn
  • Futura
  • Perlego
REPORT HIGHLIGHTS

SEGMENTATION & FORECAST
  • Business Models (Revenue)
Freemium Business Model

Ad-based Revenue Model

Free Trial & Subscription-Based Model

Marketplace Model

Institutional Sales Model

Recruiting Model
  • Type (Revenue)
Hardware

Software

Technology-Enabled Services
  • Sector (Revenue)
K-12

Higher Education

Competitive Exams

Certifications
  • End-users (Revenue)
Individual Learners

Institutes

Enterprises

MARKET STRUCTURE
  • Market Dynamics
  • Competitive Landscape of Europe Edtech Market
  • Key Vendors
  • Other Prominent Vendors
APPENDIX
  • Research Methodology
  • Abbreviations
  • About Arizton

Table of Contents

83 Pages
CHAPTER – 1: Europe Edtech Market Overview
Executive Summary
Introduction
Key Findings
CHAPTER – 2: Europe Edtech Market Projected Revenue
Europe: Projected Revenue of Edtech Market (2023-2028; $Billions)
CHAPTER – 3: Europe Edtech Market Segmentation Data
Europe: Projected Revenue by Type (2023-2028); (Revenue $BN)
Type Snapshot
Hardware
Software
Technology-Enabled Services
Europe: Projected Revenue by Sector (2023-2028); (Revenue $BN)
Sector Snapshot
K-12
Higher Education
Competitive Exams
Certifications
Europe: Projected Revenue by End-users (2023-2028); (Revenue $BN)
End-users Snapshot
Individual Learners
Institutes
Enterprises
CHAPTER – 4: Europe Edtech Market Prospects & Opportunities
Europe Edtech Market Trends
Europe Edtech Market Drivers
Europe Edtech Market Constraints
CHAPTER – 5: Europe Edtech Market Industry Overview
Europe Edtech Market - Competitive Landscape
Europe Edtech Market - Key Players
Europe Edtech Market – Other Prominent Vendors
CHAPTER – 6: Appendix
Research Methodology
Abbreviations
About Arizton

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