Global Education Technology Market Overview:
Educational technology is a field of study that investigates the process of analyzing, designing, developing, implementing, and evaluating the instructional environment and learning materials in order to improve teaching and learning. Educational technology is based on theoretical knowledge from various disciplines such as communication, education, psychology, sociology, artificial intelligence, and computer science.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Growing Adoption of Education Technology (Edtech) Tools Across Both the Academic as Well as Non-Academic
Market Growth Drivers:
Increasing Awareness Pertaining to the Advantages of Technology Integration in the Education Sector and Digitization is Increasingly Penetrating the Education Sector
Challenges:
Stiff Competition Among the Major Players
Restraints:
Lack of Awareness and Guidance
Opportunities:
Increasing Role of Digital Learning in Supporting Adults to Scale Up Their Skill Sets Throughout Their Career and Increased Adoption of Edtech Solutions and Offerings
Competitive Landscape:
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Apple (United States), Cisco Systems (United States), Dell (United States), Discovery Communication (United States), Fujitsu Limited (Japan), HP (United States), BYJU’S (India), VIPKid (China), iTutorGroup (United States) and Udacity (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Education Technology market by 2030. Considering Market by Sector, the sub-segment i.e. Preschool will boost the Education Technology market. Considering Market by End user, the sub-segment i.e. Business will boost the Education Technology market.
Latest Market Insights:
What Can be Explored with the Education Technology Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Education Technology Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Education Technology
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Education Technology market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Education Technology market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Software Vendors, Distributors, Researchers, Government and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.