Comprehensive Educational Technology Market Analysis 2024: Size, Share, And Key Trends
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The educational technology market surged from $146.28 billion in 2023 to $168.71 billion in 2024, boasting a 15.3% CAGR. This growth stems from digital integration in education, including learning management systems and e-learning platforms. Anticipated to reach $299.7 billion by 2028, at a 15.4% CAGR, future expansion aligns with increased focus on digital literacy, remote learning solutions, and immersive experiences. Emerging trends include AI-driven educational tools, VR/AR integration, and blockchain for academic credentialing.
The educational technology market is experiencing rapid expansion driven by the growing demand for online educational platforms. These platforms offer a wide range of educational resources, courses, and tools, revolutionizing traditional learning methods. With the adoption of technology in education, students and teachers can monitor progress and analyze performance, enhancing the learning experience. Coursera, a prominent online learning platform, reported 92 million registered users in 2022, reflecting a substantial increase from previous years. This surge in demand highlights the transformative impact of online educational platforms on the educational technology market.
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What Are The Key Trends That Influence Educational Technology Market Share Analysis?
Technological advancements are driving innovation in the educational technology market. Leading companies in this field are embracing new technologies to sustain their competitive edge. For instance, in April 2023, The International Information System Security Certification Consortium launched an AI-driven CISSP Readiness Education program. This innovative learning experience uses AI to tailor educational content to each participant’s knowledge level, enhancing preparation for CISSP certification through personalized assessments and targeted learning modules.
Which Market Players Are Driving Growth In The Educational Technology Market?
Major companies operating in the educational technology market report are Instructure Inc., Microsoft Corporation, Alphabet Inc., IBM Corporation, Oracle Corporation, Pearson PLC, upGrad Education Private Limited, Blackboard Inc., Udemy Inc., Coursera Inc., Promethean World Ltd., Smart Technologies, Outschool, Byju’s, Udacity Inc., Chegg Inc., E-Zest Solutions Ltd., Kahoot!, Hurix Digital, edX Inc., TutorMe, Codecademy, Nearpod, Quizlet, Edmentum Inc., Khan Academy, BrainPOP, Knewton Inc.
How Is The Global Educational Technology Market Segmented?
The educational technology market covered in this report is segmented –
1) By Type: Hardware, Software, Content
2) By Sector: Preschool, K-12, Higher Education, Other Sectors
3) By End-User: Business, Consumer
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The Educational Technology Global Market Report 2024 provides an overview of the educational technologymarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The educational technology market forecast analyzes educational technology market size, educational technology market share, leading competitor and their market positions.
The Table Of Content For The Educational Technology Market Include
1. Educational Technology Market Executive Summary
2. Educational Technology Market Segments
3. Educational Technology Market Size And Template Market Growth Rate
4. Key Educational Technology Market Trends
5. Major Educational Technology Market Drivers
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25. Key Mergers And Acquisitions In The Educational Technology Market
26. Top Educational Technology Companies
27. Educational Technology Market Opportunities And Strategies
28. Educational Technology Market, Conclusions And Recommendations
29. Appendix
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