Global EdTech market overview

✔ Market Size
The global EdTech market was valued at approximately USD 142.37 billion in 2022. The EdTech industry is projected to expand to USD 457.97 billion by 2032, representing a compound annual growth rate (CAGR) of 15.50% during the forecast period (2023 – 2032).

The EdTech market segment, based on product application, includes Preschool, K-12, Higher Education, and Others. The higher education segment dominates the market, accounting for over one-third of the market revenue. Higher education institutions, including universities and colleges, place significant emphasis on providing quality educational content for various disciplines and courses.

✔ Global EdTech Market Share
The North American EdTech market continues to dominate due to its advanced technological infrastructure, high adoption of digital learning solutions, and substantial investment in educational technology. Following North America are countries such as the USA, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

The USA stands out as the leader in online education, boasting the highest number of learners enrolled in online courses. Statistics show that up to 19 million students from the USA are enrolled in Coursera. Meanwhile, India and China exhibit remarkable growth rates in the online education landscape.
(Excerpt from the Vietnam EdTech White Paper 2024)
Stay tuned for the 2024 Vietnam EdTech White Paper & Ranking.