Global EdTech
Summary
Global EdTech 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 global EdTech market recorded revenues of $310.8 billion in 2024, representing a compound annual growth rate (CAGR) of 19.4% between 2019 and 2024.
- The higher education segment accounted for the market's largest proportion in 2024, with total revenues of $126.9 billion, equivalent to 40.8% of the market's overall value.
- The global EdTech market grew by 11.2% 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 the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global EdTech market
- 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 Global edtech market with five year forecasts
- What was the size of the Global edtech market by value in 2024?
- What will be the size of the Global edtech market in 2029?
- What factors are affecting the strength of competition in the Global edtech market?
- How has the market performed over the last five years?
- What are the main segments that make up the global'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. Udemy Inc
- 8.2. Chegg Inc
- 8.3. Coursera Inc
- 8.4. Udacity Inc
- 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: Global edtech market value: $ million, 2019–24
- Table 2: Global edtech market category segmentation: % share, by value, 2019–24
- Table 3: Global edtech market category segmentation: $ million, 2019-24
- Table 4: Global edtech market geography segmentation: $ million, 2024
- Table 5: Global edtech market value forecast: $ million, 2024–29
- Table 6: Udemy Inc: Key Facts
- Table 7: Udemy Inc: annual financial ratios
- Table 8: Udemy Inc: key employees
- Table 9: Chegg Inc: Key Facts
- Table 10: Chegg Inc: annual financial ratios
- Table 11: Chegg Inc: key employees
- Table 12: Coursera Inc: Key Facts
- Table 13: Coursera Inc: annual financial ratios
- Table 14: Coursera Inc: key employees
- Table 15: Udacity Inc: Key Facts
- Table 16: Udacity Inc: key employees
- Table 17: Global Exchange Rate, 2019–24
- List of Figures
- Figure 1: Global edtech market value: $ million, 2019–24
- Figure 2: Global edtech market category segmentation: $ million, 2019-24
- Figure 3: Global edtech market geography segmentation: % share, by value, 2024
- Figure 4: Global edtech market value forecast: $ million, 2024–29
- Figure 5: Forces driving competition in the global edtech market, 2024
- Figure 6: Drivers of buyer power in the global edtech market, 2024
- Figure 7: Drivers of supplier power in the global edtech market, 2024
- Figure 8: Factors influencing the likelihood of new entrants in the global edtech market, 2024
- Figure 9: Factors influencing the threat of substitutes in the global edtech market, 2024
- Figure 10: Drivers of degree of rivalry in the global edtech market, 2024
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