Global Education Technology Market

The Education Technology market was valued at USD 89.5 Billion in 2020, and it is expected to reach a value of USD 318.8 Billion by 2027, at a CAGR of 19.90% over the forecast period (2020 - 2027). The online education market has risen from 9% in 2019 to 18% in 2020. The main reason for this growth is the rising popularity of Education Technology solutions. Education technology (EdTech) solutions are anticipated to evolve in line with the advances in modern technology, along with the Internet of Things (IoT), Artificial Intelligence (AI), Augmented Reality (AR), and Virtual Reality (VR), and contribute extensively to the market growth. Read more about : https://skyquestt.com/report/education-technology-market Segmental Analysis The integration of AR and VR in EdTech solutions provides an interactive experience to learners. It permits learners to discover and seamlessly connect with abstract concepts. On the other hand, the integration of blockchain technology permits end-users to keep and secure records of students and learners, thereby permitting educators to investigate the intake patterns of the material presented to the learners and make data-driven decisions. Get free sample report at : https://skyquestt.com/sample-request/education-technology-market Key players in Education Technology market are: BYJU'S Blackboard Inc. Chegg, Inc. Coursera Inc. Edutech edX Inc. Google LLC Instructure Inc. Microsoft Udacity Inc. upGrad Education Pvt. Ltd. Scope of the Report The study provides an analysis of the Global Education Technology Market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. For each segment, the market sizing and forecasts have been done on the basis of value.