Global Education Technology Market report from Global Insight Services is the single authoritative source of intelligence on Education Technology Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
The term Education Technology, also known as Ed Tech refers to the use of technology in educational settings, whether that be in schools, universities or workplaces. Ed tech can encompass a wide range of tools and approaches, from simple things like using projectors and whiteboards in the classroom, to more complex applications like online learning platforms and virtual reality simulations.
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Covid-19 Impact
The COVID-19 pandemic has had a significant impact on the education technology industry. The industry was already growing rapidly prior to the pandemic, but the pandemic has accelerated the growth of the industry as schools and universities have had to rapidly adopt online learning platforms and tools. The pandemic has also created new opportunities for education technology companies as schools and universities look for ways to improve their online learning offerings.
Key Trends
There are many different trends in education technology, but some of the key ones include:
- The rise of online learning: More and more students are choosing to take online courses or even get their entire degree online. This trend is being driven by the increasing availability of high-quality online courses, the flexibility that online learning offers.
- The use of mobile devices in education: Mobile devices such as smartphones and tablets are becoming increasingly popular in education. Students are using them for things like researching and writing papers, taking notes, and even taking online courses.
- The rise of online assessments: Online assessments are becoming increasingly popular, both for students and for teachers. Online assessments offer the benefits of being more efficient and more accurate than traditional paper-and-pencil assessments.
Key Drivers
The main drivers of this market are the increasing demand for better education, the need to improve teaching and learning methods, and the increasing use of technology in education.
The demand for better education is driven by the increasing competition in the job market and the need for better qualified employees. In order to stay ahead in the competition, employers are looking for employees who have the skills and knowledge that can only be acquired through education. This has resulted in a growing demand for better education, which in turn is driving the education technology market.
Market Segments
By Sector
- Preschool
- K-12
- Higher Education
By End-user
- Business
- Consumer
By Type
- Hardware
- Software
- Content
By Deployment
- Cloud
- On-Premises
By Region
- North America
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Key Players
- Chegg
- Coursera
- Blackboard
- Byju’s
- Teachers Pay Teachers
- Dreambox Learning
- Instructure
- Knewton
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