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Education technology market revenue will reach $538.5 billion by 2030, GlobalData Plc . predicts

Edtech – Objective Research Study by GlobalData Plc

LONDON, UK, September 22, 2022 / EINPresswire.com/ – The latest research publication by GlobalData Plc titled Edtech – Thematic Research states that the education technology industry will experience explosive growth by 2030. The growth of the education technology market is mostly due to the continued digital transformation And the huge popularity of online learning in the education sector. Edtech has disrupted traditional education and teaching methods. Recent technological advances such as artificial intelligence (AI), augmented reality (AR), virtual reality (VR), and 5G have also emerged as potential game-changers and growth contributors to stakeholders in the topic of education technology.

Learn more about the Edtech Market Overview: https://www.globaldata.com/store/report/edtech-theme-analysis/

The main players in the educational technology market

There has been intense competition among the already established market players with each competitor making use of its technological potential to launch the most innovative products. This helps market players up their game in the ever-evolving education sector. However, with the increase in venture capital funding towards emerging startups, there appears to be a significant threat to existing players from new entrants entering the value chain. This has resulted in product launches and innovations from a mix of public and private companies. Education technology companies help educational institutions and companies reshape the learning process, which in turn intensifies competition.

• Alphabet: The flagship offering of Google’s education technology is Classroom, a web-based learning platform that provides a virtual classroom for students and teachers that anyone with a Google account can use. It also works with other Edtech products. For example, in June 2021, educational platform Nearbud said it plans to expand its integration with Google Classroom to improve workflow for teachers and students. In June 2021, Google announced that it would make Chromebooks more secure for students.
• 2U: 2U creates and manages degree programs for universities, including providing digital infrastructure. In June 2021, 2U acquired edX, a MOOC created by Harvard University and the Massachusetts Institute of Technology, for $800 million. The deal should enable 2U to better compete with Coursera, which has nearly twice as many learners as edX.
• Coursera: Coursera is one of the largest online learning platforms in the world, with 82 million registered learners as of March 2021. In June 2021, Coursera agreed to collaborate with the Indian Institute of Management to launch four business, strategy, marketing and product management certification programs.
• Duolingo
• Chinese Education Group
• Gaotu Techedu
• Al-Amal Educational Group
• instructions
• Microsoft
• New oriental
• Pearson
• TAL EDUCATION

For more vendor offers, download the PDF form here:

Highlights of the value chain sector in education technology

• educational materials
o Textbooks and offline study materials
o Online course materials

• Tools and enablers
o Learning Management Systems
o Evaluation tools
o School and University Administration
o Share the class
o Study tools

• Learning platforms
o Schools and Universities
 Early Childhood Education Platforms
Teaching platforms and services
 Higher Education Platforms
o Extra-curricular online learning
 Learn the language
 Science, technology, engineering, and mathematics (STEM) skills and training
 Lifelong General Learning
o Work related skills
 Professional and Professional Certification
 Corporate Training
 Career Development

• Education Providers
o schools
o Institutions of higher education
o Lifelong Learning Providers
o Professional and professional bodies
o Corporate training departments

Get a PDF form for a detailed sector-level analysis

Edtech Market Trend Analysis

Here are the main trends shaping the topic of educational technology over the next 12 to 24 months. The report is formatted so that these trends are broadly categorized as follows:

• Technology trends
o Coordinating the development of artificial intelligence
o Learning from data
o Blended Learning
o Software for people with special educational needs
o Safety on the Internet
o Learn cyber security
o New courses and learning experiences
o Cost robustness in educational technology
o Online Monitoring

• Macroeconomic trends
o Persistent property rights gap
The boom and bust of educational technology
o Confidence of technical teachers
o Social risks

• Regulatory trends
o Government Oversight (China)
o Government Oversight (UK)
o Government Oversight (USA)
o Initial underwriting plans derailed
o Alleged copyright infringement
o Data privacy

Would you like to get a descriptive view of each trend in the educational technology market? Download a form!

Edtech Market Scope

Educational Technology Market – Objective Analysis Covers:
• A clear and comprehensive overview of the topic of educational technology and the conditions that drive its growth. It also includes details on the key technologies changing the education industry and the leading suppliers in all aspects of the Edtech market.
• Details of the major trends affecting the growth of the subject over the next 12 to 24 months, divided into three categories: technology trends, macroeconomic trends, and regulatory trends.
• Comprehensive industry analysis, including forecasts for education technology revenue through 2030.
• Detailing M&A deals led by the Edtech theme, and a timeline highlighting milestones in Edtech’s development.
• The detailed value chain consists of four main sectors: educational materials, tools and enablers, learning platforms, and education service providers. Leading vendors are identified for subcategories across three of these segments.

Would you like to get specific insights into your Edtech topic for your business needs, talk to us at: https://www.globaldata.com/store/talk-to-us/?

About GlobalData

GlobalData is a leading provider of data, analytics, and insights on the world’s largest industries. As a leading information services company, thousands of customers depend on GlobalData for timely, reliable and actionable information. Our mission is to help our client professionals within businesses, financial institutions, professional services, and government agencies to decode the future and benefit from faster and more informed decisions. Continuously enriching over 50 terabytes of unique data and leveraging the collective expertise of over 2,000 in-house industry analysts, data scientists and journalists, as well as a global community of industry professionals, we aim to provide decision makers with timely, actionable insights.

Mark Jeffcott
GlobalData Plc
+44 20 7936 6400
mark.jephcott@globaldata.com
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