Education Technology Market Is Expected To Reach $998.4 Billion by 2030, says P&S Intelligence

Education Technology Market Is Expected To Reach $998.4 Billion by 2030, says P&S Intelligence

PR Newswire

NEW YORK, April 18, 2022

NEW YORK, April 18, 2022 /PRNewswire/ -- 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.

P&S Intelligence Logo

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.

Get the sample pages of this report at: https://www.psmarketresearch.com/market-analysis/educational-technology-edtech-market/report-sample

Key Findings of Education Technology Market Report

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.

Browse detailed report on Global EdTech Market Trends and Future Growth Study 2022-2030

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). McGraw Hill started a collaboration with TutorMe LLC in July 2020 to deliver university students one-on-one tutoring sessions free of cost. McGraw Hill registered more than 4.3 million college student subscriptions in 2020.

Global Education Market Segmentation Analysis

By Type

By Application

By End User

By Region

Browse Other Report Published by P&S Intelligence

Global Artificial Intelligence in Education Market Growth and Business Opportunities

Global Digital Pen Market Growth and Business Opportunities

About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

Contact:

Prajneesh Kumar
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com 
Web: https://www.psmarketresearch.com 
Follow Us: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/1224988/P_and_S_Intelligence_Logo.jpg

Voltar noticias em Inglês