Education Technology Market By Technology Segment (Learning Management System, Computers, Tablets and Mobile Devices, E-learning, Whiteboards, Virtual Classroom), By End-user Segment (Preschool, Primary & Secondary, Higher Education) - Growth, Future Prospects, and Competitive Analysis, 2019 - 2027

Key Market Insights

"Deployment of tech-enabled product has risen significantly"

The global education technology market was valued at US$ 142.81 Bn in 2018 and is anticipated to grow to US$ 435.60 Bn growing at a CAGR of 13.33% throughout the forecast period from 2019 to 2027. 

In the past decade education industry has seen drastic changes and is still undergoing radical changes, in terms of digitalization. Technology, bandwidth and immersive devices are empowering ample opportunity and access to learning resources. Mobile penetration, particularly smartphones, are a game-changer in delivering and supporting learning and driving growth of the market. The rapidly developing digital infrastructure in schools, colleges and other educational institutions, which offers technical support to both teachers and students is further propelling the market growth. In addition, the need to deploy tech-enabled product for better learning, decision making and greater responsiveness has resulted in wider adoption digital modes of learning, bolstering the education technology market growth. 

Market Synopsis

Education Technology Market

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Technology Analysis

"E-learning will spur maximum revenue growth during the forecast period." 

Based on technology, e-learning segment is the highest revenue contributing segment, accounting for nearly 50% of the total market revenue generated worldwide. This is due to the collaborative learning and the benefits offered by it such as scalability, effectiveness, accessibility and reduced costs. With the increased adoption of smartphone, tablets, laptops and computers, and proliferation of mobile applications the growth in this segment is bolstering.

In contrast, learning management system (LMS) is expected to register highest growth throughout the forecast period. The growing inclination towards Bring Your Own Device (BYOD) policy, increased focus on digital learning, and, government initiatives for the growth of learning management system, are collectively driving the educational technology market growth in this segment. 

Education Technology Market

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End-use Analysis

"Higher education segment is expected to register higher growth by the end of 2027" 

Based on end-user, the global education technology market is categorized into preschool, primary & secondary and higher education. Higher education, being one of the most imperative end-use type is leading and is expected to register significant growth throughout the forecast period. This is due to the massive enrolment in online courses, as 1/3rd of the college students are enrolled currently, lower costs, and ease of access are bolstering the educational technology market growth in this segment.

In comparison, primary and secondary education segment is anticipated to register fastest growth. This can be associated with e-learning being widely utilized, deployment of systems such as learning management systems and increasing spending on children’s education by parents are collectively driving the market growth of education technology market. 

Education Technology Market

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Regional Analysis 

"Increasing population, rising number of smartphone devices and the presence of large number of startups holds the North America in dominant position"

In 2018, North America appeared as the largest revenue contributor to the global education technology market with a share of more than 25% followed by Europe. North America is expected to register steady growth throughout the forecast period. This is due to the existence of improved options in education, huge investments, and ease of access among others.

On the contrary, Asia Pacific region is estimated to register maximum growth throughout the forecast period and will surpass the North America region. This growth can be associated with immense success of massive open online courses, huge investments, and rising spending on education. For instance, in Singapore parents spend approximately US$ 71,000 per year on their children’s education which is double of the global average. In addition, the growing population further fuels the demand of the education technology market.

List of Companies Covered:

• Google LLC

• Microsoft Corporation

• IBM Corporation

• Apple, Inc.

• EdX

• Coursera

• HelpHub

• Code Monkey

• Edukart

• Byju’s

• Simplilearn 

Education Technology Market

Key Industry Development: 

• On June 2018, Microsoft Corporation acquired Flipgrid, Inc. and announced it will be a free of cost social learning platform available to all educators.

Historical & Forecast Period 

This study report represents analysis for each segment from 2017 to 2027 considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027

Market Segmentation 


Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion

 Technology Segment (2017–2027; US$ Bn)
 • Learning Management System
 • Computers, Tablets and Mobile Devices
 • E-learning
 • Whiteboards
 • Virtual Classroom

 End-user Segment (2017–2027; US$ Bn)
 • Preschool
 • Primary & Secondary
 • Higher Education

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S. and Rest of North America)
 • Europe (U.K., Germany, France, and Rest of Europe)
 • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
 • Rest of World (Middle East & Africa (MEA), Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints and opportunities that gives a better market understanding of the overall education technology market. Additionally, the global report also comprises graphical representation of competitive landscape based on their market initiatives and strategies, product portfolio and business strengths. 

Key questions answered in this report 

  • What are the current market trends and dynamics in the education technology market and valuable opportunities for emerging players?
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which product type segment holds a larger market share and why?
  • Are low and middle-income economies investing in the education technology market?
  • What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America and Middle East & Africa?
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Published Date:  Dec 2019
Category:  Technology & Media
Report ID:   60112
Report Format:   PDF
Pages:   120
Rating:    4.2 (58)
Delivery Time: 24 Hours to 48 Hours   
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