EdTech Market Analysis

Sector (K-12, Preschool, Higher Education)

The K-12 segment in the EdTech market is estimated to gain a robust revenue share of 47% in the coming years owing to the wide range of ages and various stages inclined towards learning. The education technologies widely utilized in this segment, which range from smart classrooms and virtual learning, where technology is integrated into the learning environment, to e-learning platforms, provide customized and adaptive learning experiences outside the traditional classroom setting. According to the data collected by the National Science Foundation, difference in the access to technology based on household income is that about 57% of households with income under 25,000 USD have a computer available for educational purposes while about 90% of households with 200,000 USD has a computer for the same.

End-user (Business, Consumer)

The Business segment is set to garner a notable share shortly and is likely to remain the second largest segment in the end-user segment of the education technology market as it creates the base for education technology (EdTech) systems. With the growing demand for remote work and the requirement for more flexible education solutions for businesses, there has been a shift toward virtual and hybrid education.

Deployment (On-premises, Cloud)

The on-premises segment in the EdTech market is estimated to hold a noteworthy share as it is responsible for licensing, maintaining, and selling on-premises along with mobile software products and offering software maintenance services. On-premises deployment allows for better performance and responsiveness of the education technology since the systems don’t have to rely on the internet or networks, reducing potential delays or disruptions.

Our in-depth analysis of the global market includes the following segments: