EdTech in Asia-Pacific
Summary
EdTech in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-24, and forecast to 2029). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Educational Technology (EdTech) is the integration of technology into educational practices to improve students’ or users’ learning outcomes. It includes a variety of digital tools and resources, including software, hardware, multimedia, and network equipment. With education technology, learners can learn anytime, anywhere, at their own pace, with tools like gamified content and microlearning courses.
- The Asia-Pacific EdTech market recorded revenues of $134.7 billion in 2024, representing a compound annual growth rate (CAGR) of 15.1% between 2019 and 2024.
- The higher education segment accounted for the market's largest proportion in 2024, with total revenues of $57.6 billion, equivalent to 42.8% of the market's overall value.
- The Asia-Pacific EdTech market grew by 7.5% in 2024, driven by the rapid adoption of digital education by both schools and parents. The growth was fueled by the affordability of online education compared to traditional methods, along with the increased expansion of high-speed internet.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in Asia-Pacific
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in Asia-Pacific
- Leading company profiles reveal details of key edtech market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific edtech market with five year forecasts
- What was the size of the Asia-Pacific edtech market by value in 2024?
- What will be the size of the Asia-Pacific edtech market in 2029?
- What factors are affecting the strength of competition in the Asia-Pacific edtech market?
- How has the market performed over the last five years?
- What are the main segments that make up Asia-Pacific's edtech market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Category segmentation
- 1.4. Geography segmentation
- 1.5. Market rivalry
- 1.6. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading players?
- 7.4. What are the most recent notable developments?
- 8 Company Profiles
- 8.1. Coursera Inc
- 8.2. UpGrad Education Pvt Ltd
- 8.3. Udemy Inc
- 8.4. Beijing Yuanli Education Technology Co Ltd
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related GlobalData research
- 10.4. About GlobalData
- List of Tables
- Table 1: Asia-Pacific edtech market value: $ million, 2019–24
- Table 2: Asia–Pacific edtech market category segmentation: % share, by value, 2019–24
- Table 3: Asia-Pacific edtech market category segmentation: $ million, 2019-24
- Table 4: Asia–Pacific edtech market geography segmentation: $ million, 2024
- Table 5: Asia-Pacific edtech market value forecast: $ million, 2024–29
- Table 6: Coursera Inc: Key Facts
- Table 7: Coursera Inc: annual financial ratios
- Table 8: Coursera Inc: key employees
- Table 9: UpGrad Education Pvt Ltd: Key Facts
- Table 10: UpGrad Education Pvt Ltd: key employees
- Table 11: Udemy Inc: Key Facts
- Table 12: Udemy Inc: annual financial ratios
- Table 13: Udemy Inc: key employees
- Table 14: Beijing Yuanli Education Technology Co Ltd: Key Facts
- Table 15: Asia-Pacific Exchange Rate, 2019–24
- List of Figures
- Figure 1: Asia-Pacific edtech market value: $ million, 2019–24
- Figure 2: Asia-Pacific edtech market category segmentation: $ million, 2019-24
- Figure 3: Asia–Pacific edtech market geography segmentation: % share, by value, 2024
- Figure 4: Asia-Pacific edtech market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the edtech market in Asia-Pacific, 2024
- Figure 6: Drivers of buyer power in the edtech market in Asia-Pacific, 2024
- Figure 7: Drivers of supplier power in the edtech market in Asia-Pacific, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the edtech market in Asia-Pacific, 2024
- Figure 9: Factors influencing the threat of substitutes in the edtech market in Asia-Pacific, 2024
- Figure 10: Drivers of degree of rivalry in the edtech market in Asia-Pacific, 2024
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