EdTech Summer Report 2024

EdTech in Schools

Statistics

Overview

In K-12 education, technology integration is witnessing a significant increase in adoption rates. Schools are leveraging interactive platforms and tools to enhance student engagement and learning outcomes. • EdTech usage in K-12 schools has increased 99% since 2020. • The K-12 sector dominated the EdTech market with a share of 39% in 2023. • The K-12 EdTech market is expected to be the strongest growing subsegment globally.

K-12 EdTech

Colleges and universities are increasingly embracing technology to offer more flexible learning environments. • Over 70% of colleges expect to launch one or more online undergraduate programs in the next three years. • The global higher education EdTech market is expected to grow at a CAGR of 18.6% from 2023 to 2030.

• The global higher education EdTech market size was valued at $42.6 billion in 2023 and is expected to reach $140.4 billion by 2030. These statistics show that EdTech is playing an increasingly important role in colleges. The majority of colleges plan to launch online undergraduate programs in the coming years. Students are also embracing EdTech solutions, with a high percentage reporting that it helps them improve their grades and study more efficiently. The EdTech market is expected to continue to grow, with the higher education segment projected to account for a larger market size in the coming years.

College EdTech

Source: Astute Analytica, Grand View Research.

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