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Edtech Market to grow by USD 133.05 Bn; Increased demand for distance learning identified as a major trend - Technavio
[November 10, 2022]

Edtech Market to grow by USD 133.05 Bn; Increased demand for distance learning identified as a major trend - Technavio


NEW YORK, Nov. 10, 2022 /PRNewswire/ -- The "Edtech Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026" report has been added to Technavio's offering. According to the report, the market will observe an incremental growth of USD 133.05 billion between 2021 and 2026. In addition, the growth momentum is expected to accelerate at a CAGR of 17.79% during the forecast period. The report provides detailed insights into the drivers, trends, and challenges impacting the size of the market. Understand the scope of this market study. Download Free Sample Report!

Edtech Market 2022-2026: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. Our edtech market report covers the following areas:

Edtech Market 2022-2026: Key Trend

The increased demand for distance learning is identified as the major trend in the market. Online learning has shown significant growth over the last decade. The Internet and educational institutions have combined to provide people with the opportunity to gain new skills. Since the COVID-19 outbreak, online learning has become more centric in people's lives. Several educational institutions are now partially or fully open in many jurisdictions. Top-tier universities are democratizing learning by making courses accessible online. For instance, Stanford University and Harvard University give access to online courses under the categories of computer science, engineering, mathematics, business, art, and personal development. All these factors have led to the growing popularity of distance learning, which is driving the growth of the market.

Edtech Market 2022-2026: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the edtech market, including some of the key vendors. Backed with competitive intelligence and benchmarking, our research report on the edtech market is designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.

2U Inc., Blackboard Inc., Chegg Inc., Cornerstone OnDemand Inc., Coursera Inc., D2L Corp., Discovery Education Inc., Edutech, edX LLC., Ellucian Co. LP, Instructure Inc., Microsoft Corp., PleIQ Smart Toys Spa, Promethean Ltd., Think and Learn Pvt. Ltd., Udacity Inc., UNIVERSO ONLINE SA, upGrad Education Pvt. Ltd, and Workday Inc. are some of the major market participants.

Although the learners shifting toward eBooks will offer immense growth opportunities, the availability of open-source learning content will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Know about the impact of drivers, trends, and challenges on the growth of the market. Download Free Sample Report

Edtech Market 2022-2026: Segmentation

The edtech market is segmented as below:

  • Sector 
    • K-12
    • Higher education
    • Others
  • Geography 
    • North America
    • Europe
    • APAC
    • South America
    • Middle East And Africa

Identify key segments and regions in the market. Buy Now!

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Edtech Market 2022-2026: Key Highlights
  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will assist edtech market growth during the next five years
  • Estimation of the edtech market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the edtech market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of edtech market vendors

Related Reports:

  • The e-learning courses market share is expected to increase by USD 109.05 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 16.75%. The digitization of learning processes is notably driving the e-learning courses market growth, although factors such as credibility issues may impede the market growth.
  • The smart education market will witness a growth of USD 158.37 billion and accelerate at a CAGR of 18.9% from 2021 to 2026. Increasing employment is notably driving the e-learning courses market growth, although factors such as budget constraints may impede the market growth.




Edtech Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 17.79%

Market growth 2022-2026

USD 133.05 billion

Market structure

Fragmented

YoY growth (%)

15.83

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 46%

Key consumer countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

2U Inc., Blackboard Inc., Chegg Inc., Cornerstone OnDemand Inc., Coursera Inc., D2L Corp., Discovery Education Inc., Edutech, edX LLC., Ellucian Co. LP, Instructure Inc., Microsoft Corp., PleIQ Smart Toys Spa, Promethean Ltd., Think and Learn Pvt. Ltd., Udacity Inc., UNIVERSO ONLINE SA, upGrad Education Pvt. Ltd, and Workday Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.


Table Of Contents:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Sector
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Sector

  • 5.1 Market segments
    • Exhibit 24: Chart on Sector - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Sector - Market share 2021-2026 (%)
  • 5.2 Comparison by Sector
    • Exhibit 26: Chart on Comparison by Sector
    • Exhibit 27: Data Table on Comparison by Sector
  • 5.3 K-12 - Market size and forecast 2021-2026
    • Exhibit 28: Chart on K-12 - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on K-12 - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on K-12 - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on K-12 - Year-over-year growth 2021-2026 (%)
  • 5.4 Higher education - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Higher education - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Higher education - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Higher education - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Higher education - Year-over-year growth 2021-2026 (%)
  • 5.5 Others - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Others - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Others - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Others - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Sector
    • Exhibit 40: Market opportunity by Sector ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 South America - Market size and forecast 2021-2026
    • Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 China - Market size and forecast 2021-2026
    • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
  • 7.10 Germany - Market size and forecast 2021-2026
    • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.11 UK - Market size and forecast 2021-2026
    • Exhibit 78: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.12 Japan - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Japan - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Japan - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 2U Inc.
    • Exhibit 93: 2U Inc. - Overview
    • Exhibit 94: 2U Inc. - Business segments
    • Exhibit 95: 2U Inc. - Key news
    • Exhibit 96: 2U Inc. - Key offerings
    • Exhibit 97: 2U Inc. - Segment focus
  • 10.4 Blackboard Inc.
    • Exhibit 98: Blackboard Inc. - Overview
    • Exhibit 99: Blackboard Inc. - Product / Service
    • Exhibit 100: Blackboard Inc. - Key offerings
  • 10.5 Chegg Inc.
    • Exhibit 101: Chegg Inc. - Overview
    • Exhibit 102: Chegg Inc. - Product / Service
    • Exhibit 103: Chegg Inc. - Key news
    • Exhibit 104: Chegg Inc. - Key offerings
  • 10.6 Coursera Inc.
    • Exhibit 105: Coursera Inc. - Overview
    • Exhibit 106: Coursera Inc. - Business segments
    • Exhibit 107: Coursera Inc. - Key news
    • Exhibit 108: Coursera Inc. - Key offerings
    • Exhibit 109: Coursera Inc. - Segment focus
  • 10.7 D2L Corp.
    • Exhibit 110: D2L Corp. - Overview
    • Exhibit 111: D2L Corp. - Product / Service
    • Exhibit 112: D2L Corp. - Key news
    • Exhibit 113: D2L Corp. - Key offerings
  • 10.8 Edutech
    • Exhibit 114: Edutech - Overview
    • Exhibit 115: Edutech - Product / Service
    • Exhibit 116: Edutech - Key offerings
  • 10.9 edX LLC.
    • Exhibit 117: edX LLC. - Overview
    • Exhibit 118: edX LLC. - Product / Service
    • Exhibit 119: edX LLC. - Key offerings
  • 10.10 Instructure Inc.
    • Exhibit 120: Instructure Inc. - Overview
    • Exhibit 121: Instructure Inc. - Product / Service
    • Exhibit 122: Instructure Inc. - Key offerings
  • 10.11 Microsoft Corp.
    • Exhibit 123: Microsoft Corp. - Overview
    • Exhibit 124: Microsoft Corp. - Business segments
    • Exhibit 125: Microsoft Corp. - Key news
    • Exhibit 126: Microsoft Corp. - Key offerings
    • Exhibit 127: Microsoft Corp. - Segment focus
  • 10.12 Udacity Inc.
    • Exhibit 128: Udacity Inc. - Overview
    • Exhibit 129: Udacity Inc. - Product / Service
    • Exhibit 130: Udacity Inc. - Key news
    • Exhibit 131: Udacity Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 132: Inclusions checklist
    • Exhibit 133: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 134: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 135: Research methodology
    • Exhibit 136: Validation techniques employed for market sizing
    • Exhibit 137: Information sources
  • 11.5 List of abbreviations
    • Exhibit 138: List of abbreviations
About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Email: [email protected]
Website: www.technavio.com/

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