K-12 Education Technology Market Size is Projected to Grow USD 45190 Million by 2026 | Valuates Reports
BANGALORE, India, Nov. 9, 2020 /PRNewswire/ -- A new K-12 Education Technology Market Research Report published on Valuates Reports in Education Category. The report contains segmentation by Type (LMS, LCMS, LCDS, SRS, Assessment Systems, Collaboration Systems), by Technology (Educational Analytics, Educational Gaming, Educational ERP, Educational Dashboard, Educational Security), by Application (Online, Offline). It also covers Global Opportunity Analysis and Industry Forecast to 2026.
The global K12 Education Technology market size is projected to reach USD 45190 Million by 2026, from USD 11850 Million in 2020, at a CAGR of 25.0% during 2021-2026.
The demand for the K-12 education technology market is at a turning point. State and local educational agencies are reinventing themselves around remote learning and increasing the value of cost-effectiveness in spending decisions by tightening school budgets. There's an increasing demand among parents for instruments that engage and educate their children.
Major factors driving the growth of K-12 education technology market size are the proliferation of smart devices and seamless internet connectivity and increasing awareness pertaining to the advantages of technology integration in the education sector.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on K12 Education Technology Market: https://reports.valuates.com/request/sample/QYRE-Othe-1F324/K12__Education_Technology_Market
TRENDS INFLUENCING THE K-12 EDUCATION TECHNOLOGY MARKET
The introduction of technology in education enables schools and universities to deliver creative solutions, such as e-books, Augmented Reality (AR)/Virtual Reality (VR) interactive content, and recognized university approved online courses. This, in turn, is expected to drive the growth of the k-12 education technology market size.
Growth in the adoption of education technology (EdTech) tools in both the academic and non-academic sectors is expected to have fueled the growth of the k-12 education technology market size. The K-12 and higher education sectors have seen an increased acceptance of EdTech solutions and offerings.
Some of North America's major higher schools and educational organizations are gradually moving their focus from the legacy EdTech education system to online EdTech solutions. AI incorporation in schools in order to automate tasks, such as grading subjects and providing input, is expected to propel the k-12 education technology market size.
View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-1F324/k12-education-technology
TOP COMPANIES IN THE K-12 EDUCATION TECHNOLOGY MARKET
The K-12 Education Technology market is less concentrated with the top two companies from China, which altogether held over 13% of the market in 2019. Though now Europe is the leading region in the market, India and China are believed to have a faster growth rate. Since it is a relatively new industry, the market is expected to grow rapidly in the following years, with 25% per year.
Some of the top companies in the k-12 education technology market are
- VIP Kid
- Yuanfudao
- Byju's
- PowerSchool
- Sanoma
- Pearson
- Kroton
- BlackBoard
- ITutorGroup
- D2L
- Acro Platform Ltd
- Learnosity
- Illuminate Education
- Bettermarks
- Noon Academy
- Toppr.
Valuates Reports also offers Custom Research services providing focused, comprehensive and tailored research
https://reports.valuates.com/request/customisation/QYRE-Othe-1F324/K12__Education_Technology_Market
K-12 EDUCATION TECHNOLOGY MARKET SHARE ANALYSIS
North America is expected to hold the largest k-12 technology market share. This dominance of North America is attributed to the growing investments from venture capitalists and private-equity investors. Companies with substantial sales growth are projected to receive higher investment as the sector matures and separate themselves from newly entered market players.
The Asia Pacific is expected to witness the highest growth during the forecast period. The growing prevalence of computing and smart devices among the masses can be attributed to the growth of the Asia-Pacific region. In recent times, a surge of affordable internet connectivity has been seen in developing countries such as India, leading to wider adoption of K-12 education technology.
By Region
North America
- United States
- Canada
Europe
- Germany
- France
- UK
- Italy
- Russia
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Inquire for Regional Data: https://reports.valuates.com/request/regional/QYRE-Othe-1F324/K12__Education_Technology_Market
K-12 EDUCATION TECHNOLOGY MARKET SEGMENTATION
By Type
- Learning Management Systems (LMS)
- Learning Content Management Systems (LCMS)
- Learning Content Development Systems (LCDS)
- Student Response Systems (SRS)
- Assessment Systems
- Collaboration Systems
By Enabling Technology
- Educational Analytics
- Educational Gaming
- Educational Enterprise Resource Planning (ERP)
- Educational Dashboard
- Educational Security
By Application
- Online
- Offline
Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-1F324&lic=single-user
Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=QYRE-Othe-1F324&lic=enterprise-license
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS
The Global Learning Management System (LMS) Market size to grow from USD 9.464 Billion in 2019 to USD 29.901 Billion by 2025, at a CAGR of 21.13%.
Major factors driving the growth of the learning management system market are acceptance of digital learning, growing tendency towards BYOD regulation, need for mobile delivery of the content and business versatility.
LMS's main goal is to monitor the learning process and create an interactive learning environment. The LMS makes workers more successful, which would help business organizations in turn. The growing adoption of LMS by corporations for employees skill training is expected to increase the learning management market size.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on LMS Market: https://reports.valuates.com/request/sample/360I-Auto-6U3/Global_Learning_Management_System
The Assessment in Higher Education Market is fragmented with many global and local players.
While there will be tremendous growth opportunities for the transformation of educational institutions to formative evaluation, the increasing deployment of open source software will threaten the growth of market participants. Market vendors should concentrate more on the growth prospects in the fast-growing segments to make the most of the opportunities while retaining their positions in the slow-growing segments.
This Assessment in Higher Education Market report offers a comprehensive overview of market leaders and provides information on the competencies and strengths of these businesses in order to help clients strengthen their market position.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on Assessment in Higher Education Market:
https://reports.valuates.com/request/sample/QYRE-Othe-4U335/Assessment_In_Higher_Education
The Global Education ERP Software Market size is expected to grow from USD 7,180.27 Million in 2019 to USD 11,202.76 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 7.69% during the forecast period.
Major factors driving the growth of Education Enterprise Resource Planning Software Market size are increasing demand for video-based learning, improved performance of administrative modules, rising urbanization in developing countries, increasing middle-class population and surge in the adoption of smart education ERP solutions globally.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on Education ERP Software Market: https://reports.valuates.com/request/sample/360I-Auto-6I144/The_Global_Education_Enterprise_Resource_Planning_Software
The Education Technology market will grow at a CAGR of 15.4% during the period 2018–2024.
Increasing the adoption of digital learning, increasing propensity to bring your own device (BYOD) policy and enterprise mobility, comprehensive government initiatives for the advancement of LMS, increasing use of artificial intelligence (AI) and machine learning (ML) in LMS are the major factors driving the Education Technology Market size.
Request a Sample Copy of the Report For COVID-19 Impact Analysis on Education Technology Market:
https://reports.valuates.com/request/sample/INFO-Othe-08/Global_Education_Technology
- Learning Content Management Systems (LCMS) Market Research Report 2020-2026, Segmented by Type On-Premise, Cloud-Based, by Application BFSI, Healthcare Sector, Transportation, Public Sector, Manufacturing Sector, Retail Sector, IT and Telecom Sector, Others and by various regions.
- K-12 Online Education Market Research Report 2014-2025, Segmented by Structured Tutoring, On-Demand Tutoring, by Application Pre-primary School, Primary School, Middle School, High School and by various regions.
Click Here to Find Similar Reports on K-12 Education Market Reports
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources
CONTACT US:
Valuates Reports
[email protected]
For U.S. Toll-Free Call +1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp : +91 9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
Linkedin - https://in.linkedin.com/company/valuatesreports
Facebook - https://www.facebook.com/valuatesreports
SOURCE Valuates Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article