K12 Education Technology Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2022-2028

K12 Education Technology Market

Considering the economic change due to COVID-19 and Russia-Ukraine War Influence, the global K12 Education Technology market is projected to reach US$ 71820 million by 2028 from an estimated US$ 18830 million in 2022, at a CAGR of 25.0% during 2023 and 2028. Key drivers of the K12 education technology market include the growing adoption of education technology( Edtech tools) in both academic and non-academic sectors.

Download Free Sample: https://reports.valuates.com/request/sample/QYRE-Othe-1F324/K12__Education_Technology_Market

Trends Influencing the Growth of K12 Education Technology Market

Both academic and non-academic areas of educational institutions are adopting advanced technology to increase operational effectiveness, manage student enrolment, and provide customized courses that are appropriate for each student. Customer service, student inquiry management, enrollment, and other operations are made easier for institutions by software like CRM (customer relationship management) and LMS systems. Technology for sales automation is being incorporated into edtech platforms to help analyze massive amounts of data for effective customer support. Thus, the use of education technology in both academic and non-academic contexts, such as business contexts, is fueling the expansion of the K12 education technology market during the course of the projected period.

Smartphones, tablets, and other smart devices with internet connectivity have all increased dramatically. Additionally, interactive learning apps for students have been created with the rise of augmented reality (AR) and virtual reality (VR). Additionally, learning has become simple, scalable, and flexible thanks to new learning strategies like gamification and interactive classrooms. Therefore, over the projected period, the proliferation of smart devices and modifications to learning systems employing AR and VR will present an attractive potential for the growth of the K12 education technology market.

Globally, edtech solutions are becoming more and more popular as parents look for new ways to engage their children in the classroom. Additionally, the incorporation of technology provides educational institutions with numerous advantages such as cost-effective spending, automation of the student recruiting process, and connectivity between individuals, teams, and software for complete student lifecycle management. On the other hand, innovative and adaptable learning strategies like gamification encourage student interaction, which enhances their capacity for learning as a whole. The K12 education technology market will develop in the future years as a result of rising knowledge of technology's many advantages.

K12 Education Technology Market Share Analysis

Due to increased investments by venture capitalists and private equity investors as well as the emergence of businesses with bigger sales and significant investments, North America is predicted to offer profitable chances for expansion in the K12 education technology market share. The Asia-Pacific region is anticipated to expand the fastest over the projection period, however, as a result of expanding internet connectivity alternatives in developing nations like India, a rise in computing, and widespread adoption of smart devices.

Europe K12 Education Technology Market:

The Europe K12 Education Technology market size will reach USD 4157 Million in 2026, from USD 778 Million in 2020, with a CAGR of 32.22% during the forecast period.

India K-12 Education Technology Market:

The India K-12 Education Technology market size will reach USD 5672 Million in 2026, from USD 781 Million in 2020, with a CAGR of 39.15% during the forecast period.

Southeast Asia K12 Education Technology Market:

The Southeast Asia K-12 Education Technology market size will reach USD 330 Million in 2026, from USD 38 Million in 2020, with a CAGR of 43.30% during the forecast period.

RoW K12 Education Technology Market:

The RoW K12 Education Technology market size will reach USD 35362 Million in 2026, from USD 10247 Million in 2020, with a CAGR of 22.93% during the forecast period.

K12 Education Technology Market Segments

by Type
• LMS
• LCMS
• LCDS
• SRS
• Assessment Systems
• Collaboration Systems

by Technology
• Educational Analytics
• Educational Gaming
• Educational ERP
• Educational Dashboard
• Educational Security

by Application
• Online
• Offline
Key Companies:
• Chungdahm Learning,
• Dell
• Educomp Solutions
• Next Education
• Samsung
• TAL Education Group
• Tata Class Edge
• Adobe Systems
• Blackboard
• BenQ
• Cengage Learning
• D2L
• Ellucian
• IBM
• Intel
• Knewton
• Mcmillan Learning
• McGraw-Hill Education
• Microsoft
• Oracle
• Pearson Education
• Promethean World
• Saba Software
• Smart Technologies.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-5S10749/global-k12-education-technology-sales

Similar Reports:

1. eLearning VR Market: https://reports.valuates.com/market-reports/QYRE-Othe-3O250/global-e-learning-virtual-reality

2. Education ERP Market: https://reports.valuates.com/market-reports/QYRE-Auto-38T3275/global-and-japan-education-erp

3. Virtual Classroom Market: https://reports.valuates.com/market-reports/QYRE-Auto-16X3486/global-and-united-states-virtual-classroom

4. Back to School Market: https://reports.valuates.com/market-reports/ALLI-Manu-4B58/back-school

5. E-learning Corporate Compliance Training Market: https://reports.valuates.com/market-reports/QYRE-Auto-T298/global-e-learning-corporate-compliance-training

https://reports.valuates.com/sitemap/html/reports/381
https://reports.valuates.com/sitemap/html/reports/382
https://reports.valuates.com/sitemap/html/reports/383

Phone:
U.S. (TOLL FREE) : +1 (315) 215-3225
India: +91 8040957137

Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends.

This release was published on openPR.