Education Technology Market To Reach $348.41 Billion By 2030

Education Technology Market Growth & Trends

The global education technology market size is expected to reach USD 348.41 billion by 2030, growing at a CAGR of 13.3% from 2025 to 2030, according to a new report by Grand View Research, Inc. The process of learning is evolving gradually in line with advances in technology. From virtual classrooms to massive open online courses (MOOCs), the EdTech industry is transforming rapidly, thereby leading to an influx of massive investments worldwide. Having realized the potential of leveraging the advances in technology to enhance the process of learning, governments across the world are encouraging the incumbents of the education industry to undertake various initiatives aimed at integrating EdTech into the overall education system.

In January 2022, the Delhi government (India) took the initiative to install 20,000+ smart classrooms in the school by installing 16 smart classrooms in Shaheed Amir Chand Sarvodaya Vidyalaya. The initiative toward deploying smart classrooms enhances the teaching-learning process and lets students access all online learning resources. The classrooms would have modern cameras installed for the live recording of sessions which teachers and students would further access for future needs.

The proliferation of smart devices and the continued rollout of internet connectivity drive the growth of the global EdTech market. The growing awareness about the advantages of integrating the latest technologies in education systems is also contributing to the growth of the market. Developed economies, including the U.S., the UK, and Germany, are focusing on introducing innovative EdTech offerings, supporting education administration, reducing teacher workload, and engaging students and the community.

On the other hand, emerging economies focus on ensuring easy and convenient access to educational opportunities for the citizens. EdTech holds immense potential to ensure access to education for the rapidly growing population, particularly in emerging economies. For instance, in March 2023, Edtech unicorn Leadership Boulevard Private Limited (LEAD) completed the acquisition of Pearson's K-12 learning business in India. This strategic move has significantly broadened the startup's influence, now reaching a staggering 5 million students nationwide. The incorporation of Pearson India's local K-12 learning business positions LEAD to offer comprehensive EdTech solutions to more than 60,000 schools across India by the year 2026.

The education industry is on the cusp of a digital revolution. In the age of digitization and automation, conventional teaching methods are not the only available options for educating students. Advances in the latest technologies, such as AI, robotics, and AR/VR, and their potential integration into learning are anticipated to transform conventional teaching techniques. For instance, in March 2022, 3RDFLIX Visual Effects Pvt. Ltd. (Practically), an EdTech firm, acquired Foradian Technologies. (Fedena) a school management software platform. This acquisition would let schools use collaborative and innovative tools for teaching, such as simulations, Augmented Reality, and 3D Videos for education. These cross-curricular learning opportunities can enable institutes and teachers to streamline resource commitments while encouraging students' knowledge development through practical and cross-curricular applications.

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Education Technology Market Report Highlights

• Based on sector, the K-12 EdTech segment led the market with the largest revenue share of 39.40% in 2024.

• Based on end use, the business segment accounted for the largest market revenue share in 2024, due to its extensive adoption of EdTech solutions across corporate training and professional development programs.

• Based on deployment, the on-premises segment accounted for the largest market revenue share in 2024, due to its reliability and scalability in educational settings.

• Based on type, the hardware segment accounted for the largest market revenue share in 2024, driven by the increasing adoption of interactive learning tools and devices.

• North America dominated the education technology (EdTech) market with the largest revenue share of 35.62% in 2024.

Education Technology Market Segmentation

Grand View Research has segmented the global education technology market on the basis of sector, end use, type, deployment, and region:

Education Technology Sector Outlook (Revenue, USD Billion, 2017 - 2030)

• Preschool

• K-12

• Higher Education

• Others

Education Technology End Use Outlook (Revenue, USD Billion, 2017 - 2030)

• Business

• Consumer

Education Technology Type Outlook (Revenue, USD Billion, 2017 - 2030)

• Hardware

• Software

  • Classroom Management System

  • Document Management System

  • Learning and Gamification

  • Learning Management System

  • Student Collaboration System

  • Student Information and Administration System

  • Student Response System

  • Talent Management System

  • Test Preparation

• Content

Education Technology Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• Cloud

• On-Premises

Education Technology Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

  • U.S.

  • Canada

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Switzerland

  • Austria

  • Sweden

  • Denmark

  • Norway

  • Poland

• Asia Pacific

  • China

  • India

  • Japan

  • Australia

  • New Zealand

  • Singapore

  • Malaysia

  • Thailand

  • Indonesia

  • Taiwan

  • South Korea

  • Philippines

• Latin America

  • Brazil

  • Mexico

  • Argentina

  • Colombia

• MEA

  • UAE

  • South Africa

  • KSA

  • Israel

  • Qatar

  • Central Africa

List of Key Players of Education Technology Market

• BYJU'S

• Blackboard Inc.

• Chegg, Inc.

• Coursera Inc.

• Edutech

• edX LLC

• Google LLC

• Instructure, Inc.

• Microsoft

• Udacity, Inc.

• upGrad Education Private Limited