EdTech Market 2022 In Depth Analysis, Growth Statistics, Upcoming Trends and Growth Opportunities to 2028 | BYJU’S, VIPKid, iTutorGroup


Marker Research

The Global EdTech Market research report offers the overall structure and business outlook of the global and regional industry. The research report includes the market key achievements, new product launches, product responses, research and development, and regional growth of the major competitors operating in the market on a worldwide scale. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the current scenario.

The global EdTech Market size is expected to grow at a compound annual growth rate (CAGR) of 16.9% during the forecast period (2022-2028).

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https://www.marketinsightsreports.com/reports/122011213653/global-edtech-industry-research-report-growth-trends-and-competitive-analysis-2022-2028/inquiry?mode=Kshitij

Top Companies in the Global EdTech Market are :

BYJU’S, VIPKid, iTutorGroup, Udacity, Newsela, Civitas Learning, Dreambox Learning, Guild Education, Coursera, Schoology, Instructure, Knewton, 17zuoye, Yuanfudao, Udemy, Age of Learning, HuJiang.

Advancements in Technologies Driving the Market Growth :

EdTech solutions are expected to evolve in parallel with the advancements in technologies such as IoT and AI. The incorporation of AR and VR in these solutions allows for a more interactive learning experience for students. It enables students to explore and seamlessly connect with abstract concepts, thereby increasing their engagement.

Additionally, the incorporation of blockchain technology enables users to store and secure records of students and learners, thereby allowing educators to analyze the consumption patterns of materials offered and make data-driven decisions.

In addition, the improvements in connectivity infrastructure and smartphone penetration, the introduction of the 5G technology, and the rise in investments by private equity & venture capital firms drive the education technology market growth. The increasing use of smartphones has enabled students to easily access content and learning materials. In both developed and developing countries, the rise in disposable income and the high internet penetration have increased the demand for mobile learning platforms.

The incorporation of advanced technologies has resulted in the revolution in the education industry, making it more convenient for people all over the world to read and learn, thus resulting in a greater reliance on devices such as smartphones and tablets to pursue skills. The decrease in internet data rates in developing countries, as well as the increasing consumer income and socioeconomic changes, has driven the demand for the internet. As a result of the ease of access to information, the demand for tech-based education is expected to rise significantly.

Global EdTech Market Split by Product Type and Applications :

The main product types covered are:

Hardware

Software

Content

Market By Applications:

Preschool

K-12

Higher Education

Others

Market regional Analysis (regional production, demand and country forecast):
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and more.

Significant features of the EdTech Market report:
– Detailed analysis of the Global EdTech market –
Fluctuating market dynamics of the sector
– Detailed market segmentation
– Historical, current and projected market sizes in terms of volume and value
– Recent trends and developments – Competitive Landscape of EdTech market
– Key Player Strategies and Product Offerings
– Potential and Niche Segments / Regions Showing Promising Growth

Access the full report description, summary, figure table, graph at:

https://www.marketinsightsreports.com/reports/122011213653/global-edtech-industry-research-report-growth-trends-and-competitive-analysis-2022-2028?mode=Kshitij

Recent Developments:

September 2021 Microsoft announced the launch of Azure Purview, a comprehensive data governance solution. Whether their data is stored on-premises, in various cloud services, or in SaaS apps, it helps enterprises thoroughly understand their data.

May 2022Chegg, Inc., the leading student-first connected learning platform, announced the launching of the Center for Digital Learning to support educators and drive excellence across online, in-person, and hybrid learning modalities.

September 2022 Instructure Inc., the provider of Elevate Data Sync, entered into an agreement with Google that bridges the integration gap for Google Classroom users with a powerful and complete solution.

Highlighted Segments of EdTech Market:

Industry Overview: The first section of the research study covers an overview of the global EdTech Market, market status and prospects, and product range. In addition, it provides highlights of the major segments of the global Market, i.e., region, type, and application segments.

Competitive Analysis: This report illuminates important mergers and acquisitions, business expansion, product or service differences, market concentration, the competitive status of the global EdTech Market, and market size by player.

Company Profiles and Key Data: This section covers companies profiling the major players in the global EdTech Market based on the aforementioned revenue, products, business, and other factors.

Market size by type and application: In addition to providing an in-depth analysis of the industry size by type and application, this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends, and opportunities of the global EdTech Market. This section also includes Porter’s analysis of five forces.

Findings and Conclusions: It provides strong recommendations for new as well as established players for securing a position of strength in the global EdTech Market.

Key questions answered in the report:

– What is the growth potential of the EdTech market?
– Which product segment will have the largest share?
– Which regional markets will emerge as leaders in the next few years?
– Which application segments will grow at a healthy pace?
– What are the growth opportunities that may appear in the EdTech industry in the years to come?
– What are the key challenges facing the global EdTech market in the future?
– Who are the key players in the global EdTech market?
– What are the key trends positively impacting the market growth?
– What are the growth strategies considered by players to maintain in the Global EdTech Market?

At the end of the EdTech Market report, all the findings and estimations are given. It also includes major drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.

Customization of the report : The report can be customized according to the client’s requirements. Get in touch with our sales experts ( [email protected] ) and we’ll make sure you get a report that fits your needs.

“Russia-Ukraine War Impact 2022: Economic Sanctions Imposed by the United States And its Allies on the Russian Federation Negatively Affected the market The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this industry’s growth. Furthermore, the war negatively affected the global industries leading to import and export flow disruptions. The dominance of Russia and Roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the market during the war.”

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EdTech Market 2022 In Depth Analysis, Growth Statistics, Upcoming Trends and Growth Opportunities to 2028 | BYJU’S, VIPKid, iTutorGroup

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