EdTech Market Size

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

According to the data from Q3 2021, in total 7, about 7 countries exceed 5+ hours of screen time per day on their phones, and about 18 countries exceeded the average time of about 3 hours 43 minutes.

For instance, the increase in demand for flexible and personalized learning experiences has also been acting as a key driver of growth in the education technology sector.

Furthermore, the demand for virtual reality technology is increasing as it becomes a major driver for increasing interactive and immersive educational environments. According to a report by the National Library of Medicine, VR is helpful for students with autism, as a study in 2007 by Strickland et al. showed that children with autism can apply skills they had learned in a virtual environment to the real world, which includes skills in fire and street/road safety.