Education Technology Market In North America 2023-2027
The education technology market in North America is forecasted to grow by USD 42987.69 mn during 2022-2027, accelerating at a CAGR of 13.37% during the forecast period. The report on the education technology market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the emergence of virtual schools, learning process enhancements in the academic sector, and increasing adoption of mobile learning.
Technavio's education technology market in North America is segmented as below:
By Geographical Landscape
This study identifies the growing inclination toward integrating ar, vr, and artificial intelligence (ai) in smart classrooms as one of the prime reasons driving the education technology market in North America growth during the next few years. Also, surge in demand for soft skills and communication-based programs and increased demand for distance learning will lead to sizable demand in the market.
The report on the education technology market in North America covers the following areas:
- Education technology market in North America sizing
- Education technology market in North America forecast
- Education technology market in North America industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading education technology market in North America vendors that include Blackboard Inc., Chegg Inc., Coursera Inc., 2U Inc., Alphabet Inc., Instructure Holdings Inc., Microsoft Corp., Udacity Inc., ApplyBoard Inc., Think and Learn Pvt. Ltd., International Business Machines Corp., MAXHUB, PowerSchool Holdings Inc., Cornerstone OnDemand Inc., Simplilearn, Ellucian Co. LP, Skillsoft Corp., SkyPrep Inc., Promethean World Ltd., and Quizizz. Also, the education technology market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.