PUBLISHER: Molfar Limited | PRODUCT CODE: 1377067
PUBLISHER: Molfar Limited | PRODUCT CODE: 1377067
The report on Global Edtech Market will be useful to:
Edtech Companies and Startups: Companies operating in the Edtech sector, as well as startups exploring opportunities in the education technology space, could utilize the report to analyze the competitive landscape and identify potential areas for growth and innovation.
Education Administrators and Decision-Makers: Education administrators and policymakers might use the report to gain insights into the global Edtech market, understand its impact on teaching and learning, and explore ways to improve educational outcomes through technology adoption.
Investors and Venture Capital Firms: Investors interested in the Edtech industry can benefit from the report to assess the market's size, growth potential, key players, and investment opportunities in this rapidly evolving sector.
Educational Institutions and Schools: Schools, colleges, universities, and other educational institutions would be interested in the report to understand the latest trends, technologies, and opportunities in the Edtech market. This can help them make informed decisions about integrating digital learning solutions into their curricula.
Research Institutions and Analysts: Researchers and academic institutions studying the impact of technology in education and conducting market analysis might find the report useful as a reference for their studies and reports.
By targeting these types of customers, the report on the Global Edtech Market can offer valuable insights, market trends, and data-driven analysis to support decision-making, investments, and strategic planning in the education technology industry.
This report provides an overview of Edtech global market as well as calculates the approximate share of Ukrainian EdTech in the global market.
The global education market's estimated value, offline and online, is $3.44t in 2021. At the same time, the Edtech online market in 2021 is $245.2b, which is 7.1% of the global market. The approximate share of Ukrainian EdTech is less than 1% and amounts to ~$112.38m in 2021.
In 2020 the online segment accounted for 6.5% of the global education market which was valued at $3.28t. Due to the massive transition of school and university students to distance education, the amount of investment in EdTech increased in the period 2020-2021, while the total number of new companies created during this period decreased. For comparison, companies that received early rounds investments in 2019 raised a total of ~$620.12m, in 2020 the volume of such investments was about $563.07m, in 2021 - $763.55m, which indicates a growth trend of 23.13% in 2021 compared to over time until the pandemic in 2019.
The report analyzes a total of 140 companies operated both in global and ukrainian market. Market players include among others such companies as Benesse, Wisetail, Workday Learning, Infor, General Assembly, CrossKnowledge Learning Suite, Cengage, Gaotu Techedu, K12, Cambium Learning Group, Udemy, pluralsight, SkillSoft, Coursera, Udacity, Nerdy (Varsity Tutors), Vedantu, Cluey, Allright, EnglishDom, Beetroot academy, Ilearn, EIIIKO, , BUKI, Dan-it, Ha ypok, Human, GIOS, Laba and others.
The report does not cover China's education market due to the release of the online education regulation law in the summer of 2021.