The Digital Learning Revolution: EdTech Market Forecast By 2031 | Most Leading Companies in EDTECH - Blackboard Inc., Byju's, Chegg, Inc., Coursera, Inc., Edutech, Edx, Inc., Google Llc, Microsoft

Latest Research Study on Education Technology (EdTech) Market

Education Technology (EdTech) Market reached USD 125.41 billion in 2022 and is expected to reach USD 404.6 billion by 2031, growing with a CAGR of 13.7% during the forecast period 2024-2031

Edtech Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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EdTech (Educational Technology) refers to the integration of digital tools, software, and innovative technologies to enhance teaching, learning, and educational administration. It includes online learning platforms, interactive content, AI-driven tutoring, virtual classrooms, and learning management systems (LMS) that improve engagement, accessibility, and efficiency in education.

List of the Key Players in the Edtech Market:

Blackboard Inc., Byju's, Chegg, Inc., Coursera, Inc., Edutech, Edx, Inc., Google Llc, Microsoft, Instructure, Inc. and Udacity

Industry Development:

March 2022: ViewSonic Corporation, a global provider of communication and electronic solutions, introduced myViewBoard, a cloud-based platform powered by AI to enhance student engagement in the classroom. Additionally, it analyzes human posture and environmental factors to determine students' attentiveness.

January 2022: Teachmint Technologies Pvt. Ltd., an online education software provider, acquired My Class Campus, an ERP platform for educational institutions. This acquisition allows Teachmint to expand its offerings in schools and other institutions by integrating its Learning Management System (LMS) with ERP software.

June 2021: BYJU, a leading EdTech online tutoring company, collaborated with Google LLC to enhance the reliability of online learning for students and teachers. This partnership enables educational institutions to create a personalized digital platform for classroom management.

Growth Forecast Projected:

The Global Edtech Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Edtech Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Edtech Market:

By Type: Hardware, Software, Content

By Sector: Preschool, K-12, Higher Education, Others

By Deployment; Cloud, On-Premises

By End-User:Business, Consumer, Others

Regional Analysis for Edtech Market:

The regional analysis of the Edtech Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Edtech market?

➠ Who are the leading manufacturers in the global Edtech industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Edtech industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Edtech market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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