
Global Edtech Market: Size & Forecasts with Impact Analysis of COVID-19 (2022-2026)
Description
The report titled "Global Edtech Market: Size & Forecasts with Impact Analysis of COVID-19 (2022-2026)”, provides an in depth analysis of the global edtech market by value, by component, by deployment type, by end user, by region, etc. The report provides a regional analysis of the edtech market, including the following regions: North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The report also provides a detailed analysis of the COVID-19 impact on the edtech market.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global edtech market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global edtech market is fragmented with a large number of market players operating worldwide. The key players of the edtech market are BYJU’S, Duolingo, Inc., Yunafudao, and VIPKid. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Europe
Asia Pacifc
Middle East & Africa
Latin America
Company Coverage
BYJU’S
Duolingo, Inc.
Yuanfudao
VIPKid
Executive Summary
Edtech is a combination of education and technology which combine hardware and software components to enhance teacher-led learning classrooms and improve student’s learning outcomes. Edtech is not just about reformatting books and training manuals, or even about the introduction of technologies themselves. It is about developing a new form of learning architecture. It is set to transform the future of how education is resourced, taught, consumed, and ultimately the results it yields – both for individual and society as a whole as the industry continue the build the knowledge economy.
Edtech industry is still in its early stages of development but it shows promise of growth in future. Edtech help students and professionals to learn at their own pace by customizing the curriculum and giving them the flexibility of deciding their own learning time. Edtech benefits include democratizing education, help in building the knowledge economy, and enhancing curriculum of K-12 students for the development of industry-standard skills.
Edtech can be segmented by component, by deployment type, and by end-users. By component segmentation includes Hardware, Software and Services. By deployment type segmentation includes On-premises, Cloud and Hybrid. By end user segmentation includes Upto K-12, Higher Education and Others.
The global Edtech market is projected to grow significantly during the period of 2022-2026. The global Edtech market is expected to increase due to rise in number of smartphone users, growing in number of internet users, decline in data prices, increment in usage of digitization in education, direct cost savings, personalized education experience, usage of big data analytics and surge in online learning. Yet, the market faces some challenges like challenges related to mental health, problem of digital divide and privacy and security issues.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global edtech market has also been forecasted for the period 2022-2026, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global edtech market is fragmented with a large number of market players operating worldwide. The key players of the edtech market are BYJU’S, Duolingo, Inc., Yunafudao, and VIPKid. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Europe
Asia Pacifc
Middle East & Africa
Latin America
Company Coverage
BYJU’S
Duolingo, Inc.
Yuanfudao
VIPKid
Executive Summary
Edtech is a combination of education and technology which combine hardware and software components to enhance teacher-led learning classrooms and improve student’s learning outcomes. Edtech is not just about reformatting books and training manuals, or even about the introduction of technologies themselves. It is about developing a new form of learning architecture. It is set to transform the future of how education is resourced, taught, consumed, and ultimately the results it yields – both for individual and society as a whole as the industry continue the build the knowledge economy.
Edtech industry is still in its early stages of development but it shows promise of growth in future. Edtech help students and professionals to learn at their own pace by customizing the curriculum and giving them the flexibility of deciding their own learning time. Edtech benefits include democratizing education, help in building the knowledge economy, and enhancing curriculum of K-12 students for the development of industry-standard skills.
Edtech can be segmented by component, by deployment type, and by end-users. By component segmentation includes Hardware, Software and Services. By deployment type segmentation includes On-premises, Cloud and Hybrid. By end user segmentation includes Upto K-12, Higher Education and Others.
The global Edtech market is projected to grow significantly during the period of 2022-2026. The global Edtech market is expected to increase due to rise in number of smartphone users, growing in number of internet users, decline in data prices, increment in usage of digitization in education, direct cost savings, personalized education experience, usage of big data analytics and surge in online learning. Yet, the market faces some challenges like challenges related to mental health, problem of digital divide and privacy and security issues.
Table of Contents
93 Pages
- 1. Executive Summary
- 2. Introduction
- 2.1 Edtech: An Overview
- 2.1.1 Examples of Edtech
- Table 1: Examples of Edtech
- 2.1.2 History of Edtech
- Table 2: History of Edtech
- 2.1.3 Types of Edtech
- Table 3: Types of Edtech
- 2.1.4 Benefits of Edtech to Students
- Table 4: Benefits of Edtech to Students
- 2.1.5 Benefits of Edtech to Teachers
- Table 5: Benefits of Edtech to Teachers
- 2.2 Edtech Segmentation: An Overview
- 2.2.1 Edtech Segmentation
- Table 6: Edtech Segmentation
- 3. Global Market Analysis
- 3.1 Global Edtech Market: An Analysis
- 3.1.1 Global Edtech Market by Value
- Table 7: Global Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 8:Global Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.1.2 Global Edtech Market by Component (Hardware, Software & Services)
- Table 9: Global Edtech Market by Component; 2021 (Percentage, %)
- 3.1.3 Global Edtech Market by Deployment Type (On-premises, Cloud & Hybrid)
- Table 10: Global Edtech Market by Deployment Type; 2021 (Percentage, %)
- 3.1.4 Global Edtech Market by End User (Upto K-12, Higher Education & Others)
- Table 11: Global Edtech Market by End User; 2021 (Percentage, %)
- 3.1.5 Global Edtech by Region (North America, Europe, Asia Pacific, Middle East & Africa & Latin America)
- Table 12: Global Edtech Market by Region; 2021 (Percentage, %)
- 3.2 Global Edtech Market: Component Analysis
- 3.2.1 Global Hardware Edtech Market by Value
- Table 13: Global Hardware Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 14: Global Hardware Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.2.2 Global Software Edtech Market by Value
- Table 15: Global Software Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 16: Global Software Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.2.3 Global Services Edtech Market by Value
- Table 17: Global Services Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 18: Global Services Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.3 Global Edtech Market: Deployment Type Analysis
- 3.3.1 Global Cloud Edtech Market by Value
- Table 19: Global Cloud Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 20: Global Cloud Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.3.2 Global On-premises Edtech Market by Value
- Table 21: Global On-premises Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 22: Global On-premises Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.3.3 Global Hybrid Edtech Market by Value
- Table 23: Global Hybrid Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 24: Global Hybrid Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.4 Global Edtech Market: End User Analysis
- 3.4.1 Global Up to K-12 Edtech Market by Value
- Table 25: Global Up to K-12 Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 26: Global Up to K-12 Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.4.2 Global Higher Education Edtech Market by Value
- Table 27: Global Higher Education Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 28: Global Higher Education Edtech Market by Value; 2022-2026 (US$ Billion)
- 3.4.3 Global Others Edtech Market by Value
- Table 29: Global Others Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 30: Global Others Edtech Market by Value; 2022-2026 (US$ Billion)
- 4. Regional Market Analysis
- 4.1 North America Edtech Market: An Analysis
- 4.1.1 North America Edtech Market by Value
- Table 31: North America Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 32: North America Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.1.2 North America Edtech Market by End User (Upto K-12, Higher Education & Others)
- Table 33: North America Edtech Market by End User; 2021 (Percentage, %)
- 4.1.3 North America Upto K-12 Edtech Market by Value
- Table 34: North America Upto K-12 Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 35: North America Upto K-12 Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.1.4 North America Higher Education Edtech Market by Value
- Table 36: North America Higher Education Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 37: North America Higher Education Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.1.5 North America Others Edtech Market by Value
- Table 38: North America Others Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 39: North America Others Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.1.6 North America Edtech Market by Region (The US & Rest of North America)
- Table 40: North America Edtech Market by Region; 2021 (Percentage, %)
- 4.1.7 The US Edtech Market by Value
- Table 41: The US Edtech Market by Value; 2020-2021(US$ Billion)
- Table 42: The US Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.1.8 Rest of North America Edtech Market by Value
- Table 43: Rest of North America Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 44: Rest of North America Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.2 Europe Edtech Market: An Analysis
- 4.2.1 Europe Edtech Market by Value
- Table 45: Europe Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 46: Europe Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.2.2 Europe Edtech Market by Region (Germany & Rest of Europe)
- Table 47: Europe Edtech Market by Region; 2021 (Percentage, %)
- 4.2.3 Germany Edtech Market by Value
- Table 48: Germany Edtech Market by Value; 2021-2026 (US$ Billion)
- 4.2.4 Rest of Europe Edtech Market by Value
- Table 49: Rest of Europe Edtech Market by Value; 2021-2026 (US$ Billion)
- 4.3 Asia Pacific Edtech Market: An Analysis
- 4.3.1 Asia Pacific Edtech Market by Value
- Table 50: Asia Pacific Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 51: Asia Pacific Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.3.2 Asia Pacific Edtech Market by End User (Upto K-12, Higher Education & Others)
- Table 52: Asia Pacific Edtech Market by End User; 2021 (Percentage, %)
- 4.3.3 Asia Pacific Upto K-12 Edtech Market by Value
- Table 53: Asia Pacific Upto K-12 Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 54: Asia Pacific Upto K-12 Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.3.4 Asia Pacific Higher Education Edtech Market by Value
- Table 55: Asia Pacific Higher Education Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 56: Asia Pacific Higher Education Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.3.5 Asia Pacific Others Edtech Market by Value
- Table 57: Asia Pacific Higher Education Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 58: Asia Pacific Higher Education Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.4 Middle East & Africa Edtech Market: An Analysis
- 4.4.1 Middle East & Africa Edtech Market by Value
- Table 59: Middle East & Africa Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 60: Middle East & Africa Edtech Market by Value; 2022-2026 (US$ Billion)
- 4.5 Latin America Edtech Market: An Analysis
- 4.5.1 Latin America Edtech Market by Value
- Table 61: Latin America Edtech Market by Value; 2020-2021 (US$ Billion)
- Table 62: Latin America Edtech Market by Value; 2022-2026 (US$ Billion)
- 5. Impact of COVID-19
- 5.1 Impact of COVID-19
- 5.1.1 Impact of COVID-19 on Edtech Market
- 5.1.2 Surge in Funding during COVID-19
- Table 63: Global Venture Funding for Edtech; 2019-2020 (US$ Billion)
- 5.1.3 The Future of EdTech
- 6. Market Dynamics
- 6.1 Growth Drivers
- 6.1.1 Rise in Number of Smartphone Users
- Table 64: Global number of Smartphone Users; 2017-2022 (Billion)
- 6.1.2 Growing Number of Internet Users
- Table 65: Global number of Internet Users; 2017-2022 (Billion)
- 6.1.3 Decline in Data Prices
- Table 66: Global Average Cost of 1GB Mobile Data, as % of Average Monthly Income; 2018-2020 (Percentage, %)
- 6.1.4 Increment in Usage of Digitization in Education
- Table 67: Global Digital Share of Education Expenditure; 2019-2025 (Percentage,%)
- 6.1.5 Direct Cost Savings
- 6.1.6 Personalized Education Experience
- 6.1.7 Usage of Big Data Analytics
- 6.1.8 Surge in Online Learning
- 6.2 Challenges
- 6.2.1 Challenges related to Mental Health
- 6.2.2 Problem of Digital Divide
- 6.2.3 Privacy and Security Issues
- 6.3 Market Trends
- 6.3.1 Surge in Extended Reality
- Table 68: Global Market Size of Virtual Reality & Augmented Reality; 2021-2024 (US$ Billion)
- 6.3.2 Introduction of 5G Technology
- Table 69: Global 5G Mobile Subscriptions by Region; 2021 & 2027 (Percentage, %)
- 6.3.3 Rise in Use of Internet of Things
- Table 70: Global Number of IoT connections (Installed Base); 2019-2025 (Billion)
- 6.3.4 Integration of Artificial Intelligence
- 6.3.5 Emerging Technologies
- 6.3.6 Surge in Use of Blockchain
- 6.3.7 Incorporation of Games into Digital Classroom
- 7. Competitive Landscape
- 7.1 Global Edtech Market Players: Competitive Landscape
- Table 71: Global Edtech Market players: Competitive Landscape
- 7.2 Global Edtech Market Players: Valuation Comparison
- Table 72: Global Edtech Market Players: Valuation Comparison
- 8. Company Profiles
- 8.1 BYJU’S
- 8.1.1 Business Overview
- 8.1.2 Business Strategy
- 8.2 Duolingo, Inc.
- 8.2.1 Business Overview
- 8.2.2 Business Strategy
- 8.3 Yuanfudao
- 8.3.1 Business Overview
- 8.3.2 Business Strategy
- 8.4 VIPKid
- 8.4.1 Business Overview
- 8.4.2 Business Strategy
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