EdTech Market Share

North American Market Forecast

The education technology market in North America is estimated to have the largest share of approximately 42% in 2023, impelled by the growth in the upgrade of technological advancements in universities and institutions in this region. According to a report by GSMA, in 2021, more than 329 million people subscribed to mobile services, which is about 84% of the total population of this region, such factors are expected to fuel the demand for Education technology (EdTech) in the region.

APAC Market Statistics

The Asia Pacific EdTech market is estimated to be the second largest, during the forecast period led by the increase in government-led programs, such as the education expansion projects for the increase of smart education in India, China, Japan, and more. Several EdTech companies are merging and partnering up with each other to achieve efficiency and high scale. According to the financial statements of the largest EdTech firms, they’ve had a profit of about 20-60% of revenue in recent years.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of education technology is estimated at USD 181.97 billion.

Education Technology (EdTech) Market size was over USD 164.59 billion in 2024 and is poised to cross USD 824.91 billion by the end of 2037, growing at more than 13.2% CAGR during the forecast period i.e., between 2025-2037. The increasing consumer demand for online learning and greater sustainability in Education technology (EdTech) will drive the market growth.

North America industry is anticipated to dominate majority revenue share of 42% by 2037, impelled by growth in the upgrade of technological advancements in universities and institutions in this region.

The major players in the market are Promethean World Ltd., D2L Corporation, Desire2Learn Incorporated, Edmentum Inc., Ellucian Company L.P., Follett Corporation, Instructure Inc., Knewton Inc., McGraw-Hill Education, PowerSchool Group LLC, Quipper, Study Sapuri, and others.

EdTech Market Share