The global education technology (EdTech) market size was valued at USD 144.64 Billion in 2023. It is projected to reach from USD 169.37 Billion in 2024 to USD 598.82 Billion by 2032, growing at a CAGR of 17.10% during the forecast period (2024-2032).

Market Scope and Research Methodology

This report delivers a comprehensive, multi-tier evaluation of the market at global, regional, and country levels. It analyzes market reach, regional leadership, and competitive strategies of key players, supported by a SWOT assessment. The study follows Straits Research’s rigorous methodology, integrating primary and secondary research with validated forecasting techniques to ensure accurate and reliable market insights.

The core objective of the Education Technology (EdTech) Market Report is to present actionable insights into market dynamics, evolving trends, and the critical factors influencing overall performance. The study analyzes industry structure, segmentation patterns, and projected market valuation, while also exploring growth catalysts, structural challenges, and opportunities driven by technological innovation, regulatory developments, cost optimization, and shifting consumer demand.

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Regional Insights

The report offers a detailed regional analysis of the Education Technology (EdTech) Market across North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Each region is evaluated based on parameters such as market valuation, growth momentum, trade flow, and overall industry maturity. This geographic segmentation enables a clearer understanding of regional competitiveness and untapped growth potential.

Market Segmentation

  1. By Type
    1. Learning Management Systems (LMS)
    2. Student Information Systems (SIS)
    3. Classroom Management Software
    4. Language Learning Platforms:
    5. others (e.g., Virtual Reality, Digital board, AI-based EdTech)
  2. By Deployment (2020-2032)
    1. Cloud-Based
    2. On Platform
  3. By End-User
    1. K-12
    2. Higher Education
    3. Corporate
    4. Government
    5. Others

Key Market Players

  1. Coursera
  2. Udemy
  3. Khan Academy
  4. Edmodo
  5. Duolingo
  6. Blackboard
  7. Skillshare
  8. Teachable
  9. Moodle
  10. Canvas by Instructure
  11. ClassDojo
  12. Socrative
  13. Remind
  14. Pearson
  15. Houghton Mifflin Harcourt (HMH)
  16. Sage Publishing
  17. Proton Learning
  18. TalentLMS
  19. EdX
  20. Google for Education

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Key Questions Addressed

  • What is the Education Technology (EdTech) Market market?
  • What was the market valuation of the Education Technology (EdTech) Market in 2024?
  • What compound annual growth rate (CAGR) is projected during the forecast period?
  • Which drivers are expected to accelerate market expansion?
  • How is the market segmented?
  • What competitive strategies are being adopted by key players?
  • Which emerging trends and applications are influencing industry evolution?
  • Who are the major participants operating in the Education Technology (EdTech) Market market?
  • What are the core capabilities and product portfolios of leading companies?

About Us

With over ten years of industry experience, Straits Research has supported more than 2,000 organizations—ranging from startups to global enterprises—by equipping executives and decision-makers with reliable, data-driven insights. Our annually published syndicated research covers high-impact industries including chemicals and materials, food and beverages, healthcare and pharmaceuticals, automotive, technology, aerospace, and defense. Alongside these reports, our customized research solutions are designed to address unique business challenges and enable strategic growth.