Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,999	138 Pages	IMARC Services Pvt. Ltd.	October, 2023	IMRC18261986

Best Price Guarantee
Price	from $2,999
Length	138 Pages
Publisher	IMARC Services Pvt. Ltd.
Published Date	October, 2023
SKU	IMRC18261986

Edtech Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Market Overview:

The global edtech market size reached US$ 194.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 452.4 Billion by 2028, exhibiting a growth rate (CAGR) of 14.3% during 2023-2028.

Education technology (EdTech) refers to a technology that is used to deliver education on a virtual level. EdTech consists of hardware and software that are used to deliver education on a virtual level for the benefit of students and to improve their education outcomes. The use of technology for learning and teaching assists students in overcoming hurdles to obtaining a comprehensive education. Digital content is easier to generate than printed content, which has a higher production cost, and therefore eBooks are becoming increasingly popular among learners due to their cost efficiency, flexibility and portability. Additionally, listeners with disabilities can benefit from audio formats of educational content to improve their vocabulary and learn to read interpretively.

Edtech Market Trends:
The market is majorly driven by the paradigm shift in the adoption of touchscreen displays from projector-based displays to provide more student engagement. This can be attributed to the rapid digitization in the education sector. In addition to this, the rapid utilization of artificial intelligence (Al) and machine learning (ML) technologies for creating personalized eLearning experiences is creating a positive market outlook. Moreover, the expanding penetration of high-speed internet, along with the increasing sales of smart devices, is providing an impetus to the market. Increasing investments in online learning and distance learning programs due to their flexibility and real-time feedback are also impacting the market positively. The market is further propelled by the outbreak of COVID-19 leading to the rapid closure of educational institutions and the mandatory implementation of social distancing norms resulting in widespread digital learning via digital platforms. Some of the other factors that are contributing to the market include rapid urbanization, inflating disposable income levels, the emergence of 5G, and extensive research and development (R&D) activities.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global edtech market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on sector, type, deployment mode and end user.

Breakup by Sector:

Preschool
K-12
Higher Education
Others

Breakup by Type:

Hardware
Software
Content

Breakup by Deployment Mode:

Cloud-based
On-premises

Breakup by End User:

Individual Learners
Institutes
Enterprises

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 2U Inc., BYJU'S, Chegg Inc., Class Technologies Inc., Coursera Inc., Edutech, Google LLC (Alphabet Inc.), Instructure Inc., Lenovo Group Limited, SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.), Udacity Inc. and upGrad Education Private Limited.

Key Questions Answered in This Report

1. What was the size of the global edtech market in 2022?
2. What is the expected growth rate of the global edtech market during 2023-2028?
3. What are the key factors driving the global edtech market?
4. What has been the impact of COVID-19 on the global edtech market?
5. What is the breakup of the global edtech market based on the sector?
6. What is the breakup of the global edtech market based on the type?
7. What is the breakup of the global edtech market based on the deployment mode?
8. What is the breakup of the global edtech market based on the end user?
9. What are the key regions in the global edtech market?
10. Who are the key players/companies in the global edtech market?

1 Preface
2 Scope and Methodology: 2.1 Objectives of the Study; 2.2 Stakeholders; 2.3 Data Sources; 2.3.1 Primary Sources; 2.3.2 Secondary Sources; 2.4 Market Estimation; 2.4.1 Bottom-Up Approach; 2.4.2 Top-Down Approach; 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction: 4.1 Overview; 4.2 Key Industry Trends
5 Global Edtech Market: 5.1 Market Overview; 5.2 Market Performance; 5.3 Impact of COVID-19; 5.4 Market Forecast
6 Market Breakup by Sector: 6.1 Preschool; 6.1.1 Market Trends; 6.1.2 Market Forecast; 6.2 K-12; 6.2.1 Market Trends; 6.2.2 Market Forecast; 6.3 Higher Education; 6.3.1 Market Trends; 6.3.2 Market Forecast; 6.4 Others; 6.4.1 Market Trends; 6.4.2 Market Forecast
7 Market Breakup by Type: 7.1 Hardware; 7.1.1 Market Trends; 7.1.2 Market Forecast; 7.2 Software; 7.2.1 Market Trends; 7.2.2 Market Forecast; 7.3 Content; 7.3.1 Market Trends; 7.3.2 Market Forecast
8 Market Breakup by Deployment Mode: 8.1 Cloud-based; 8.1.1 Market Trends; 8.1.2 Market Forecast; 8.2 On-premises; 8.2.1 Market Trends; 8.2.2 Market Forecast
9 Market Breakup by End User: 9.1 Individual Learners; 9.1.1 Market Trends; 9.1.2 Market Forecast; 9.2 Institutes; 9.2.1 Market Trends; 9.2.2 Market Forecast; 9.3 Enterprises; 9.3.1 Market Trends; 9.3.2 Market Forecast
10 Market Breakup by Region: 10.1 North America; 10.1.1 United States; 10.1.1.1 Market Trends; 10.1.1.2 Market Forecast; 10.1.2 Canada; 10.1.2.1 Market Trends; 10.1.2.2 Market Forecast; 10.2 Asia-Pacific; 10.2.1 China; 10.2.1.1 Market Trends; 10.2.1.2 Market Forecast; 10.2.2 Japan; 10.2.2.1 Market Trends; 10.2.2.2 Market Forecast; 10.2.3 India; 10.2.3.1 Market Trends; 10.2.3.2 Market Forecast; 10.2.4 South Korea; 10.2.4.1 Market Trends; 10.2.4.2 Market Forecast; 10.2.5 Australia; 10.2.5.1 Market Trends; 10.2.5.2 Market Forecast; 10.2.6 Indonesia; 10.2.6.1 Market Trends; 10.2.6.2 Market Forecast; 10.2.7 Others; 10.2.7.1 Market Trends; 10.2.7.2 Market Forecast; 10.3 Europe; 10.3.1 Germany; 10.3.1.1 Market Trends; 10.3.1.2 Market Forecast; 10.3.2 France; 10.3.2.1 Market Trends; 10.3.2.2 Market Forecast; 10.3.3 United Kingdom; 10.3.3.1 Market Trends; 10.3.3.2 Market Forecast; 10.3.4 Italy; 10.3.4.1 Market Trends; 10.3.4.2 Market Forecast; 10.3.5 Spain; 10.3.5.1 Market Trends; 10.3.5.2 Market Forecast; 10.3.6 Russia; 10.3.6.1 Market Trends; 10.3.6.2 Market Forecast; 10.3.7 Others; 10.3.7.1 Market Trends; 10.3.7.2 Market Forecast; 10.4 Latin America; 10.4.1 Brazil; 10.4.1.1 Market Trends; 10.4.1.2 Market Forecast; 10.4.2 Mexico; 10.4.2.1 Market Trends; 10.4.2.2 Market Forecast; 10.4.3 Others; 10.4.3.1 Market Trends; 10.4.3.2 Market Forecast; 10.5 Middle East and Africa; 10.5.1 Market Trends; 10.5.2 Market Breakup by Country; 10.5.3 Market Forecast
11 SWOT Analysis: 11.1 Overview; 11.2 Strengths; 11.3 Weaknesses; 11.4 Opportunities; 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis: 13.1 Overview; 13.2 Bargaining Power of Buyers; 13.3 Bargaining Power of Suppliers; 13.4 Degree of Competition; 13.5 Threat of New Entrants; 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape: 15.1 Market Structure; 15.2 Key Players; 15.3 Profiles of Key Players; 15.3.1 2U Inc.; 15.3.1.1 Company Overview; 15.3.1.2 Product Portfolio; 15.3.1.3 Financials; 15.3.2 BYJU'S; 15.3.2.1 Company Overview; 15.3.2.2 Product Portfolio; 15.3.3 Chegg Inc.; 15.3.3.1 Company Overview; 15.3.3.2 Product Portfolio; 15.3.3.3 Financials; 15.3.4 Class Technologies Inc.; 15.3.4.1 Company Overview; 15.3.4.2 Product Portfolio; 15.3.5 Coursera Inc.; 15.3.5.1 Company Overview; 15.3.5.2 Product Portfolio; 15.3.5.3 Financials; 15.3.6 Edutech; 15.3.6.1 Company Overview; 15.3.6.2 Product Portfolio; 15.3.7 Google LLC (Alphabet Inc.); 15.3.7.1 Company Overview; 15.3.7.2 Product Portfolio; 15.3.7.3 SWOT Analysis; 15.3.8 Instructure Inc.; 15.3.8.1 Company Overview; 15.3.8.2 Product Portfolio; 15.3.9 Lenovo Group Limited; 15.3.9.1 Company Overview; 15.3.9.2 Product Portfolio; 15.3.9.3 Financials; 15.3.9.4 SWOT Analysis; 15.3.10 SMART Technologies ULC (Hon Hai Precision Industry Co. Ltd.); 15.3.10.1 Company Overview; 15.3.10.2 Product Portfolio; 15.3.11 Udacity Inc.; 15.3.11.1 Company Overview; 15.3.11.2 Product Portfolio; 15.3.12 upGrad Education Private Limited; 15.3.12.1 Company Overview; 15.3.12.2 Product Portfolio