EdTech in South Korea

EdTech in South Korea

Summary

EdTech in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). 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 South Korean edtech market had total revenues of $5,227.1 million in 2023, representing a compound annual growth rate (CAGR) of 11.9% between 2018 and 2023.
• The pre k-12 and k-12 segment accounted for the market's largest proportion in 2023, with total revenues of $2,839.7 million, equivalent to 54.3% of the market's overall value.
• The South Korean edtech market accounted for 3.1% of the market share in the Asia-Pacific edtech market.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in South Korea
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in South Korea
• 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 South Korea edtech market with five year forecasts

Reasons to Buy

• What was the size of the South Korea edtech market by value in 2023?
• What will be the size of the South Korea edtech market in 2028?
• What factors are affecting the strength of competition in the South Korea edtech market?
• How has the market performed over the last five years?
• What are the main segments that make up South Korea's edtech market?