Report overview
K-12 (kindergarten through 12th grade) is the term commonly used for talking about a person?s first 13 years of schooling before entering university. It also refers to the Elementary and Secondary education. EdTech enables communication to reach deeper and wider audiences. EdTech has enriched education, reaching various industrial categories such as coding, language, Science, Technology, Engineering, Math (STEM), social-emotional learning, early childhood education and learning management tools. The emergence of Virtual Reality (VR) has also enhanced educational activities, enabling them to become more interactive. There are a few major players in each market category highlighted in the following table. The main consumers in EdTech include K-12 and other students who participate in the educational programs, as well as higher educational institutions and corporations that develop EdTech products.
This report aims to provide a comprehensive presentation of the global market for K12 Education Technology, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding K12 Education Technology. This report contains market size and forecasts of K12 Education Technology in global, including the following market information:
Global K12 Education Technology Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global K12 Education Technology market was valued at US$ 15240 million in 2022 and is projected to reach US$ 68400 million by 2029, at a CAGR of 23.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The K-12 Education Technology market is less concentrated and key players include VIP Kid, Yuanfudao, Byju?s, PowerSchool, Sanoma, Pearson, Kroton, etc. and remarkably, top two companies are from China, altogether held over 13% of the market in 2019. Though now Europe is the leading region in the market, India and China are believed to have faster growing rate. Also it is a relatively new industry, the market is expected to grow rapidly in the following years with 25% per year. The major application area is online, which helf over 85% of the market.
We surveyed the K12 Education Technology companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global K12 Education Technology Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global K12 Education Technology Market Segment Percentages, by Type, 2022 (%)
by Type
Learning Management Systems (LMS)
Learning Content Management Systems (LCMS)
Learning Content Development Systems (LCDS)
Student Response Systems (SRS)
Assessment Systems
Collaboration Systems
by Enabling Technology
Educational Analytics
Educational Gaming
Educational Enterprise Resource Planning (ERP)
Educational Dashboard
Educational Security
Global K12 Education Technology Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global K12 Education Technology Market Segment Percentages, by Application, 2022 (%)
Online
Offline
Global K12 Education Technology Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global K12 Education Technology Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies K12 Education Technology revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies K12 Education Technology revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
VIP Kid
Yuanfudao
Byju?s
PowerSchool
Sanoma
Pearson
Kroton
BlackBoard
ITutorGroup
D2L
Acro Platform Ltd
Learnosity
Illuminate Education
Bettermarks
Noon Academy
Toppr
Outline of Major Chapters:
Chapter 1: Introduces the definition of K12 Education Technology, market overview.
Chapter 2: Global K12 Education Technology market size in revenue.
Chapter 3: Detailed analysis of K12 Education Technology company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of K12 Education Technology in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
