Evolving Market Trends In The Education Technology (EdTech) Industry: Automated Systems Enhance Student Engagement

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

What Is the Expected Education Technology (EdTech) Market Size During the Forecast Period?
The EdTech market's expansion has been remarkable in the past few years. It will see a jump from $169.20 billion in 2024 to $200.86 billion in 2025, marking a healthy compound annual growth rate (CAGR) of 18.7%. Factors contributing to this exponential growth in the historic timeframe include the rapidly increasing use of digital gadgets, the advent of e-learning platforms, initiatives taken by the government to promote digital education, the growing need for personalized education, the rise of cloud computing, the broadening of mobile learning, the transition to remote and hybrid education models, and the evolution of open education resources.

The market size of Education Technology (EdTech) is poised for substantial expansion in the coming years, with a projected growth to $395.19 billion in 2029, and an annual compound growth rate (CAGR) of 18.4%. Rapid advancements in virtual and augmented reality, increasingly tailored and interactive learning models, the rise in blockchain technology for credential verification, and an elevated emphasis on game-centric learning techniques contribute to this predicted growth over the forecast period. Additional factors include the expansion of cloud-based learning management systems, incremented investments in EdTech startups, and the upsurge of microlearning and compact content. Key trends expected during this period encompass the integration of AI in adaptive learning, the application of virtual reality in immersive education, the use of augmented reality for interactive learning experiences, the implementation of blockchain for secure academic credentials, the potential of 5g for remote learning, game-based approaches for boosting student engagement, IoT-incorporated smart classrooms, cloud-based collective learning platforms, progressive data analytics for personalized education, and the emergence of digital twins for virtual simulations.

Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=21951

What Are the High-Growth Segments in the Education Technology (EdTech) Market?
The education technology (edtech) market covered in this report is segmented -

1) By Type: Learning Management Systems (LMS), Student Information Systems (SIS), Classroom Management Software, Language Learning Platforms, Other Types
2) By Component: Hardware, Software, Services
3) By Deployment: On-Premises, Cloud
4) By Application: Preschool, Kindergarten 12th Grade (K-12), Higher Education, Other Applications
5) By End User: Individual Learners, Institutes, Enterprises

Subsegments:

1) By Learning Management Systems (LMS): Course Management, Virtual Classrooms, Assessment And Quizzing, Gamified Learning, Mobile Learning, Artificial Intelligence (AI)-Powered Learning
2) By Student Information Systems (SIS): Enrollment And Admissions, Attendance Tracking, Gradebook Management, Student Portfolios, Parent And Teacher Communication, Scheduling And Timetabling
3) By Classroom Management Software: Behavior Monitoring, Real-Time Collaboration, Screen Monitoring And Control, Digital Whiteboards, Homework And Assignment Tracking, Secure Testing Environments
4) By Language Learning Platforms: Artificial Intelligence (AI)-Powered Language Tutors, Speech Recognition And Pronunciation Training, Vocabulary And Grammar Builders, Interactive Language Games, Live Tutoring And Peer Learning, Multilingual Content Libraries
5) By Other Types: Science, Technology, Engineering and Mathematics (STEM) And Coding Platforms, Adaptive Learning Technologies, Virtual And Augmented Reality (VR/AR) Learning, Special Education And Accessibility Tools, Career And Skill Development Platforms, E-Book And Digital Content Providers

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=21951&type=smp

What Key Drivers Are Expected to Influence Future Education Technology (EdTech) Market Growth?
The growth of the education technology (EdTech) market is expected to be driven by the increasing demand for digital learning. Digital learning incorporates the use of digital technologies such as smartphones, tablets, computers and online platforms for acquiring knowledge and skills. Increasingly, people are opting for digital learning due to its adaptability which enables learning from anywhere, anytime, thus, making education more accessible for individuals with hectic schedules. In addition to enhancing accessibility, digital learning also offers an economical approach to education by eliminating the need for physical classrooms and print resources. This affordability of education acts as a catalyst for market growth. In support of these projections, Eurostat-a government agency from Luxembourg-reported that in January 2024, 30% of internet users aged between 16 and 74 used online learning materials or courses which marks a 2% rise from 28% in 2022. It suggests that the growing preference for digital learning is indeed fuelling the expansion of the education technology (EdTech) market.

Which Companies Hold the Largest Share Across Different Education Technology (EdTech) Market Segments?
Major companies operating in the education technology (edtech) market are accenture* plc, Lenovo Group Limited, BYJU'S, Stride Inc., VIPKid, Anthology Inc., 2U Inc., Udemy Inc., Chegg Inc., PowerSchool, Duolingo, Instructure Inc., Coursera Inc., Discovery Education, upGrad Education Private Limited, Age of Learning Inc., Zuoyebang, Edutech, Moodle, Khan Academy, Remind, Brainly, Civitas Learning, Skillshare Inc., ClassDojo, Class Technologies Inc., Sage Publications, Guild Education Inc.

What Trends Are Driving Growth in The Education Technology (EdTech) Market?
In the education technology (EdTech) sector, leading corporations are prioritizing the creation of revolutionary solutions like artificial intelligence (AI) driven tools. These tools promise to customize learning, simplify processes, amplify student interaction, supply immediate feedback, and offer intelligent tutoring for an enhanced learning outcome. AI-driven tools, being software and systems that employ artificial intelligence, function to mechanize tasks, examine data, and improve the user experience. For example, Brainly, an American education firm, unveiled AI Tutor in September 2023. This innovative educational aide utilizes intricate artificial intelligence to furnish personalized assistance with homework and thorough explanations. By utilizing natural language processing, it can simplify intricate concepts into step-by-step instructions, assisting students in resolving problems across a range of subjects, thereby boosting their comprehensive learning experience.

Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/education-technology-edtech-global-market-report

What Are the Emerging Geographies for The Education Technology (EdTech) Market Growth?
North America was the largest region in the education technology (EdTech) market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the education technology (edtech) market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Education Technology (EdTech) Market?
2. What is the CAGR expected in the Education Technology (EdTech) Market?
3. What Are the Key Innovations Transforming the Education Technology (EdTech) Industry?
4. Which Region Is Leading the Education Technology (EdTech) Market?

Why This Report Matters:

Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.

Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.

Efficient Research: Quickly identify market growth, leading players, and major segments.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.