EdTech Market to Reach $696.04 Billion by 2028, Hybrid and Personalized Learning Transforming EdTech Industry - Arizton
Browse In-Depth TOC on the EdTech Market
154 – Tables
118 – Charts
374 – Pages
The EdTech industry has been witnessing a digital revolution with the emergence of AI and digitalization. The digital ecosystem has significantly impacted the education sector. Technology has played a major role in education categories serving primary, secondary, and corporate training. The global EdTech market is expected to witness an absolute growth of 137.60% in the upcoming years.
Global Edtech Market Report Scope
In the global EdTech market, a prominent trend is the increasing emphasis on personalized and adaptive learning. Utilizing AI and machine learning algorithms, EdTech platforms can now analyze individual learner data to offer customized content, assessments, and learning pathways. This trend is rapidly gaining traction as both educators and learners recognize the advantages of tailored learning experiences that cater to individual strengths, weaknesses, and preferences. Additionally, another significant trend is the surge in remote and online learning. The COVID-19 pandemic played a pivotal role in accelerating the adoption of online education, prompting educational institutions and businesses worldwide to transition to digital learning models. Even as we move beyond the pandemic, the enduring flexibility and accessibility of online learning are expected to fuel sustained growth in this market.
Market Trends & Opportunities
Adoption of Hybrid Learning Model & Personalized Learning
The fusion of remote and online learning has given rise to the hybrid learning model, which is now a dominant approach in education. Many online education providers are seeking to incorporate occasional in-person interactions to create a classroom-like experience, while traditional brick-and-mortar institutions are enhancing their offerings with online components, enriching the online learning landscape. This hybrid model is anticipated to see increased adoption in the future. Projections suggest that online education will continue to grow in popularity among students, learners, and professionals due to its convenience in accessing specialized content and opportunities for self-paced learning.
Several factors are contributing to the expansion of personalized learning within the global EdTech market. A primary driver is the increasing demand for tailored learning solutions from both educators and students. As education becomes more intertwined with technology, students increasingly expect learning experiences that cater to their unique preferences and objectives. Furthermore, the continuous advancements in AI and machine learning have simplified the development and implementation of personalized learning solutions. These technologies can analyze student data and behavior to offer personalized recommendations for learning materials and activities. For instance, DreamBox Learning is a personalized learning platform that utilizes adaptive learning technology to customize math instruction for K-8 students. It designs an individualized learning path based on a student's current comprehension level and learning style. Another example is Knewton, an adaptive learning platform that deploys machine learning algorithms to assess student performance data and produce personalized learning suggestions. This platform is adopted by various educational providers, including Pearson and McGraw Hill Education.
Adoption of Virtual & Augmented Reality Pushing the Market Growth
Virtual Reality (VR) and Augmented Reality (AR) technologies are causing a profound transformation in the realm of education delivery, significantly influencing the recent growth of the global EdTech market.
These technologies usher in an exceptionally immersive and interactive learning environment, enabling students to grasp and engage with intricate concepts in a more captivating manner. VR and AR offer a unique avenue to replicate real-world scenarios and offer students hands-on learning experiences.
The US Department of Education has initiated efforts such as the Virtual and Augmented Reality for Education (VARE) program. This initiative provides grants to educational institutions, facilitating the development and integration of VR/AR-based educational programs. Its primary objective is to broaden access to high-quality education and enhance student outcomes.
Key Company Profiles
Market Segmentation
Business Models in the Edtech Market
Type
Sector
End-user
Geography
Key Questions Answered in the Report:
Check Out Some of the Top Selling Research Reports:
E-learning Market - Global Outlook & Forecast 2023-2028: The global e-learning market to grow at a CAGR of 13.28% to reach USD 491.35 billion by 2028 during the forecast period.
U.S. Continuing Education Market - Industry Outlook & Forecast 2023-2028: The U.S. continuing education market to reach USD 93.25 billion by 2028, growing at a CAGR of 7.47% during 2022-2028.
Remote Learning Market - Global Outlook & Forecast 2021-2026: The remote learning market to reach USD 180.19 billion by 2026, growing at a CAGR of 12.62% during 2021-2026.
Educational Toys Market - Global Outlook and Forecast 2021-2026: The global educational toys market to reach USD 31.62 billion by 2026, growing at a CAGR of 7.12% during the forecast period.
Table of Contents
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY TYPE
4.3.2 MARKET SEGMENTATION BY SECTOR
4.3.3 MARKET SEGMENTATION BY END USER
4.3.4 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 ED TECH MARKET INSIGHTS
6.2 REPORT OVERVIEW
6.3 ONLINE LEARNING FOR WOMEN
6.4 OPPORTUNITY & CHALLENGE ANALYSIS
6.5 SEGMENT ANALYSIS
6.6 REGIONAL ANALYSIS
6.7 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.2 ROLE OF TECHNOLOGY IN EDUCATION
8.3 DIGITAL TRANSFORMATION IN LEARNING
8.4 IMPACT OF COVID-19
8.5 PEST ANALYSIS
8.5.1 POLITICAL FACTORS
8.5.2 ECONOMIC FACTORS
8.5.3 SOCIAL FACTORS
8.5.4 TECHNOLOGICAL FACTORS
8.6 SWOT ANALYSIS
8.6.1 STRENGTHS
8.6.2 WEAKNESSES
8.6.3 OPPORTUNITIES
8.6.4 THREATS
8.7 WOMEN AND ONLINE LEARNING
8.8 ROLE OF EDGE COMPUTING IN EDTECH MARKET
8.9 INVESTMENTS IN EDTECH
9 MARKET OPPORTUNITIES & TRENDS
9.1 GROWTH IN GAMIFICATION
9.2 ADOPTION OF HYBRID LEARNING MODEL
9.3 PREFERENCE FOR PERSONALIZED LEARNING
9.4 HIGH FOCUS ON MOBILE LEARNING
9.5 VIRTUAL & AUGMENTED REALITY
10 MARKET GROWTH ENABLERS
10.1 IMPROVEMENTS IN CONNECTIVITY INFRASTRUCTURE AND SMARTPHONE PENETRATION
10.2 INTRODUCTION OF 5G TECHNOLOGY
10.3 GROWING INVESTMENTS BY PRIVATE EQUITY & VENTURE CAPITAL FIRMS
10.4 RISE IN DEMAND FOR ONLINE AND REMOTE LEARNING
10.5 REQUIREMENTS FOR DIGITAL SKILLS
10.6 RISE IN COSTS OF TRADITIONAL EDUCATION
11 MARKET RESTRAINTS
11.1 DATA SECURITY CONCERNS
11.2 EVOLVING RULES AND REGULATIONS
11.3 EMERGENCE OF OPEN-SOURCE SOLUTIONS
11.4 INFRASTRUCTURE CHALLENGES
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MERGERS & ACQUISITIONS IN EDTECH MARKET
12.3 MARKET SIZE & FORECAST
12.4 FIVE FORCES ANALYSIS
12.4.1 THREAT OF NEW ENTRANTS
12.4.2 BARGAINING POWER OF BUYERS
12.4.3 BARGAINING POWER OF SUPPLIERS
12.4.4 THREAT OF SUBSTITUTES
12.4.5 COMPETITIVE RIVALRY
13 ED-TECH BUSINESS MODELS
13.1 FREEMIUM MODEL
13.1.1 MARKET OVERVIEW
13.2 AD-BASED REVENUE MODEL
13.2.1 MARKET OVERVIEW
13.3 FREE TRIAL & SUBSCRIPTION-BASED MODEL
13.3.1 MARKET OVERVIEW
13.4 MARKETPLACE MODEL
13.4.1 MARKET OVERVIEW
13.5 INSTITUTIONAL SALES MODEL
13.5.1 MARKET OVERVIEW
13.6 RECRUITING MODEL
13.6.1 MARKET OVERVIEW
14 TECHNOLOGY TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 HARDWARE
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 SOFTWARE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
14.5 TECHNOLOGY-ENABLED SERVICES
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.5.3 MARKET BY GEOGRAPHY
15 SECTOR
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 K-12
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY GEOGRAPHY
15.4 HIGHER EDUCATION
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 MARKET BY GEOGRAPHY
15.5 COMPETITIVE EXAMS
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
15.5.3 MARKET BY GEOGRAPHY
15.6 CERTIFICATIONS
15.6.1 MARKET OVERVIEW
15.6.2 MARKET SIZE & FORECAST
15.6.3 MARKET BY GEOGRAPHY
16 END USER
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 MARKET OVERVIEW
16.3 INDIVIDUAL LEARNERS
16.3.1 MARKET OVERVIEW
16.3.2 MARKET SIZE & FORECAST
16.3.3 MARKET BY GEOGRAPHY
16.4 INSTITUTES
16.4.1 MARKET OVERVIEW
16.4.2 MARKET SIZE & FORECAST
16.4.3 MARKET BY GEOGRAPHY
16.5 ENTERPRISES
16.5.1 MARKET OVERVIEW
16.5.2 MARKET SIZE & FORECAST
16.5.3 MARKET BY GEOGRAPHY
17 GEOGRAPHY
17.1 MARKET SNAPSHOT & GROWTH ENGINE
17.2 GEOGRAPHIC OVERVIEW
Get the Detailed TOC @ https://www.arizton.com/market-reports/edtech-market?details=tableOfContents
Why Arizton?
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Contact Us:
Call: +1-312-235-2040
+1 302 469 0707
Mail: [email protected]
Contact Us: https://www.arizton.com/contact-us ���
Blog: https://www.arizton.com/blog
Website: https://www.arizton.com/
Photo: https://mma.prnewswire.com/media/2209699/EdTech_Market_Report_by_Arizton.jpg
Logo: https://mma.prnewswire.com/media/818553/Arizton_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/edtech-market-to-reach-696-04-billion-by-2028--hybrid-and-personalized-learning-transforming-edtech-industry---arizton-301926278.html
