Lucintel Forecasts the Global Educational Technology Market is expected to grow with a CAGR of 12.5% from 2024 to 2030

According to a market report by Lucintel, the future of the global educational technology market looks promising with opportunities in the business and consumer markets. The global educational technology market is expected to grow  with a CAGR of 12.5% from 2024 to 2030. The major drivers for this market are rising demand for improve learning in classrooms and enhance students’ education outcomes, emergence of advanced interactive whiteboards, and increasing inclination from projector-based displays towards touchscreen displays.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in educational technology market to 2030 by type (hardware, software, and content), deployment (cloud and on-premises), sector (preschool, k-12, higher education, and others), end use (business and consumer), and region (North America, Europe, Asia Pacific, and the Rest of the World).

In this market, hardware, software, and content are the major segments of educational technology market by type. Lucintel forecasts that hardware will remain the largest segment over the forecast period due to rising prominence of digital classrooms across the education industry.

Within this market, business will remain the larger segment due to growing number of partnerships among edtech firms, educational institutes, and content developers.

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North America will remain the largest region over the forecast period due to rise in investments from venture capitalists and private-equity investors in the EdTech sector.

BYJU's, Blackboard, Chegg, Coursera, Edutech, Edx, Google, Instructure, Microsoft, and Udacity are the major suppliers in the educational technology market.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.

Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056

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