K12 Education Technology Market Insights: Innovations Driving Growth in Digital Learning

K12 Education Technology Market Size

The global K12 Education Technology market is projected to grow from US$ 18830 million in 2024 to US$ 71820 million by 2030, at a Compound Annual Growth Rate (CAGR) of 25.0% during the forecast period.

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K-12 (kindergarten through 12th grade) is the term commonly used for talking about a person's first 13 years of schooling before entering university. It also refers to the Elementary and Secondary education. EdTech enables communication to reach deeper and wider audiences. EdTech has enriched education, reaching various industrial categories such as coding, language, Science, Technology, Engineering, Math (STEM), social-emotional learning, early childhood education and learning management tools. The emergence of Virtual Reality (VR) has also enhanced educational activities, enabling them to become more interactive. There are a few major players in each market category highlighted in the following table. The main consumers in EdTech include K-12 and other students who participate in the educational programs, as well as higher educational institutions and corporations that develop EdTech products.

Market Analysis and Insights: Global K12 Education Technology Market

The K-12 Education Technology market is less concentrated and key players include VIP Kid, Yuanfudao, Byju's, PowerSchool, Sanoma, Pearson, Kroton, etc. and remarkably, top two companies are from China, altogether held over 13% of the market in 2019. Though now Europe is the leading region in the market, India and China are believed to have faster growing rate. Also it is a relatively new industry, the market is expected to grow rapidly in the following years with 25% per year. The major application area is online, which helf over 85% of the market.

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Report Covers:

This report presents an overview of global market for K12 Education Technology market size. Analyses of the global market trends, with historic market revenue data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of K12 Education Technology, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for K12 Education Technology, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the K12 Education Technology revenue, market share and industry ranking of main companies, data from 2019 to 2024. Identification of the major stakeholders in the global K12 Education Technology market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2019 to 2030. Evaluation and forecast the market size for K12 Education Technology revenue, projected growth trends, production technology, application and end-user industry.

By Type
• Learning Management Systems (LMS)
• Learning Content Management Systems (LCMS)
• Learning Content Development Systems (LCDS)
• Student Response Systems (SRS)
• Assessment Systems
• Collaboration Systems

By Enabling Technology
• Educational Analytics
• Educational Gaming
• Educational Enterprise Resource Planning (ERP)
• Educational Dashboard
• Educational Security

By Company
VIP Kid, Yuanfudao, Byju's, PowerSchool, Sanoma, Pearson, Kroton, BlackBoard, ITutorGroup, D2L, Acro Platform Ltd, Learnosity, Illuminate Education, Bettermarks, Noon Academy, Toppr

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