EdTech Summer Report 2024

EdTech at Work

Statistics

Overview

In the corporate sector, EdTech is a multi-billion-dollar industry, with digital learning emerging as a primary skill-building strategy. Companies are investing significantly in digital platforms for employee training and development. • Digital learning is the most popular corporate skill-building strategy. • The global corporate EdTech market is expected to grow at a CAGR of 18.8% from 2023 to 2030. • The market was valued at $36.1 billion in 2023 and is expected to reach $120.4 billion by 2030 . • Corporate training and development are significant expenses for many organizations, and EdTech provides a way to upskill the workforce in less time and for less money.

Corporate EdTech

Source: Research and Markets.

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