Global Education Technology Market Report 2022: A $998.4 Billion Market by 2030 from $237.6 Billion in 2021 – AI and … – GlobeNewswire

March 06, 2023 08:53 ET

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Research and Markets

Research and Markets

Dublin, March 06, 2023 (GLOBE NEWSWIRE) — The “Global Education Technology Market Report: By Type, Application, End-user – Revenue Estimation and Demand Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.The global education technology market size was estimated at $237.6 billion in 2021, and it is expected to touch $998.4 billion by 2030, at a CAGR of 17.3%.

With the development of technologies such as AI and IoT, Edtech solutions are set to evolve. Additionally, the incorporation of VR and AR in these solutions supports a more-interactive learning experience for students. Other factors driving the demand for EdTech solutions include the developments in connectivity infrastructure, surging smartphone penetration, increasing speed of the internet, and growing investments by private equity and venture capital firms. In addition, learning material is easily accessible through smartphone apps. Furthermore, the increasing disposable income has advanced the demand for mobile learning platforms.

COVID-19 has boosted the adoption of advanced education technology and emphasized the prospect of education innovations encouraged by EdTech institutions. The pandemic forced many students to enhance their skills and strengthened their reliance on educational technology. As the number of people utilizing different EdTech tools grew, so did the demand to go digital.Big players in the education technology market are Blackboard Inc., Chegg Inc., Edutech, Coursera Inc., edX Inc., Instructure Inc., Udacity Inc., Google LLC, Microsoft Corporation, and Think and Learn Private Limited (BYJU’S).

Key Topics Covered: Chapter 1. Research Scope1.1. Research Objectives1.2. Market Definition1.3. Analysis Period1.4. Market Size Breakdown by Segment1.5. Market Data Reporting UnitChapter 2. Research Methodology2.1. Secondary Research2.2. Primary Research2.3. Market Size Estimation2.4. Data TriangulationChapter 3. Executive SummaryChapter 4. Voice of Industry Experts/KOLsChapter 5. Market IndicatorsChapter 6. Industry Outlook6.1. Market Dynamics6.1.1. Trends6.1.2. Drivers6.1.3. Restraints/challenges6.1.4. Impact analysis of drivers/restraints6.2. Impact of COVID-196.3. Porter’s Five Forces AnalysisChapter 7. Global Market7.1. Overview7.2. Market Revenue, by Offering (2017-2030)7.3. Market Revenue, by Application (2017-2030)7.4. Market Revenue, by End-user (2017-2030)7.5. Market Revenue, by Region (2017-2030)

For more information about this report visit https://www.researchandmarkets.com/r/emqkf4

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