The North America Education Technology Market would witness market growth of 14.7% CAGR during the forecast period (2022-2028).
Classrooms and education are being flipped on their heads due to edtech tools. Students must typically attend to lectures or study in class before working on assignments and homework at home. Students can now view classes at homes at their own leisure, utilizing class time to collaborate on projects as a group, due to video lectures & learning apps. In addition, students benefit from this learning approach because it encourages creativity, self-learning, and teamwork.
Educators may create tailored learning programmes for each of their pupils due to edtech. This method seeks to tailor learning to a student's strengths, abilities, and interests. Students may learn at their own speed with video content resources, and since they can resume and replay lectures, such videos can allows learners completely comprehend teachings. Teachers can use analytics to detect which students struggled with specific lessons and provide further support. Rather of depending on stressful testing to assess academic achievement, educators are shifting to applications which reliably assess overall aptitude.
The government of the United States does not keep track of EdTech commerce. However, in 2020, the Bureau of Economic Analysis (BEA) of the United States Department of Commerce began measuring services trade in online education and electronic online course under the heading "Other Personal, Cultural, and Recreational - Education Services." The EdTech Industry includes online education & electronic correspondence courses. According to the Bureau of Economic Analysis, the United States exported $2.3 billion in education services in 2019.
Cross-border tuition agreements, exchange programmes, and in-state tuition for Canadian students are examples of exchange programmes and collaborations that U.S. academic institutions may pursue with Canadian educational institutions. Athletic scholarships are particularly popular among Canadian students who wish to study in the United States. Student recruiting for highly specialized programmes or "niche" disciplines that would not be accessible in Canadian schools presents significant prospects.
The US market dominated the North America Education Technology Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $69,205 Million by 2028. The Canada market is estimated to grow at a CAGR of 17.3% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 16.3% during (2022 - 2028).
Based on Deployment, the market is segmented into On-premise and Cloud. Based on Type, the market is segmented into Hardware, Software, and Content. Based on End User, the market is segmented into Business and Consumer. Based on Sector, the market is segmented into K-12, Preschool, Higher Education, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Education Technology Market is Estimated to reach $283 Billion by 2028, at a CAGR of 15.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Google LLC, Microsoft Corporation, Instructure, Inc., Coursera, Inc., Chegg, Inc., edX, Inc., BYJU'S, Upgrad Education Private Limited, Udacity, Inc., and Edutech.
Scope of the Study
Market Segments Covered in the Report:
By Deployment
By Type
- Hardware
- Software
- Content
By End User
By Sector
- K-12
- Preschool
- Higher Education
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Google LLC
- Microsoft Corporation
- Instructure, Inc.
- Coursera, Inc.
- Chegg, Inc.
- edX, Inc.
- BYJU'S
- Upgrad Education Private Limited
- Udacity, Inc.
- Edutech
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Education Technology Market, by Deployment
1.4.2 North America Education Technology Market, by Type
1.4.3 North America Education Technology Market, by End User
1.4.4 North America Education Technology Market, by Sector
1.4.5 North America Education Technology Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2019, Nov – 2022, Jun) Leading Players
3.3.3 Key Strategic Move: (Partnerships, Collaborations and Agreements : 2019, Feb – 2022, May) Leading Players
Chapter 4. North America Education Technology Market by Deployment
4.1 North America On-premise Market by Country
4.2 North America Cloud Market by Country
Chapter 5. North America Education Technology Market by Type
5.1 North America Hardware Market by Country
5.2 North America Software Market by Country
5.3 North America Content Market by Country
Chapter 6. North America Education Technology Market by End User
6.1 North America Business Market by Country
6.2 North America Consumer Market by Country
Chapter 7. North America Education Technology Market by Sector
7.1 North America K-12 Market by Country
7.2 North America Preschool Market by Country
7.3 North America Higher Education Market by Country
7.4 North America Others Market by Country
Chapter 8. North America Education Technology Market by Country
8.1 US Education Technology Market
8.1.1 US Education Technology Market by Deployment
8.1.2 US Education Technology Market by Type
8.1.3 US Education Technology Market by End User
8.1.4 US Education Technology Market by Sector
8.2 Canada Education Technology Market
8.2.1 Canada Education Technology Market by Deployment
8.2.2 Canada Education Technology Market by Type
8.2.3 Canada Education Technology Market by End User
8.2.4 Canada Education Technology Market by Sector
8.3 Mexico Education Technology Market
8.3.1 Mexico Education Technology Market by Deployment
8.3.2 Mexico Education Technology Market by Type
8.3.3 Mexico Education Technology Market by End User
8.3.4 Mexico Education Technology Market by Sector
8.4 Rest of North America Education Technology Market
8.4.1 Rest of North America Education Technology Market by Deployment
8.4.2 Rest of North America Education Technology Market by Type
8.4.3 Rest of North America Education Technology Market by End User
8.4.4 Rest of North America Education Technology Market by Sector
Chapter 9. Company Profiles
9.1 Google LLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.5.3 Acquisition and Mergers:
9.1.6 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.5.2 Acquisition and Mergers:
9.2.6 SWOT Analysis
9.3 Instructure, Inc. (Instructure Holdings, Inc.)(Thoma Bravo, LP)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Acquisition and Mergers:
9.4 Coursera, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 Chegg, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Product Lines Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Product Launches and Product Expansions:
9.6 edX, Inc. (2U, Inc.)
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Recent strategies and developments:
9.6.4.1 Product Launches and Product Expansions:
9.7 BYJU'S
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.7.2.3 Acquisition and Mergers:
9.8 Upgrad Education Private Limited
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.8.2.2 Acquisition and Mergers:
9.9 Udacity, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.9.2.2 Geographical Expansions:
9.10. Edutech
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Education Technology Market, 2018 - 2021, USD Million
TABLE 2 North America Education Technology Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Education Technology Market
TABLE 4 Product Launches And Product Expansions– Education Technology Market
TABLE 5 Acquisition and Mergers– Education Technology Market
TABLE 6 Geographical expansions– Education Technology Market
TABLE 7 North America Education Technology Market by Deployment, 2018 - 2021, USD Million
TABLE 8 North America Education Technology Market by Deployment, 2022 - 2028, USD Million
TABLE 9 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 10 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Education Technology Market by Type, 2018 - 2021, USD Million
TABLE 14 North America Education Technology Market by Type, 2022 - 2028, USD Million
TABLE 15 North America Hardware Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Hardware Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Software Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Software Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Content Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Content Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Education Technology Market by End User, 2018 - 2021, USD Million
TABLE 22 North America Education Technology Market by End User, 2022 - 2028, USD Million
TABLE 23 North America Business Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Business Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Consumer Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Consumer Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Education Technology Market by Sector, 2018 - 2021, USD Million
TABLE 28 North America Education Technology Market by Sector, 2022 - 2028, USD Million
TABLE 29 North America K-12 Market by Country, 2018 - 2021, USD Million
TABLE 30 North America K-12 Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Preschool Market by Country, 2018 - 2021, USD Million
TABLE 32 North America Preschool Market by Country, 2022 - 2028, USD Million
TABLE 33 North America Higher Education Market by Country, 2018 - 2021, USD Million
TABLE 34 North America Higher Education Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Education Technology Market by Country, 2018 - 2021, USD Million
TABLE 38 North America Education Technology Market by Country, 2022 - 2028, USD Million
TABLE 39 US Education Technology Market, 2018 - 2021, USD Million
TABLE 40 US Education Technology Market, 2022 - 2028, USD Million
TABLE 41 US Education Technology Market by Deployment, 2018 - 2021, USD Million
TABLE 42 US Education Technology Market by Deployment, 2022 - 2028, USD Million
TABLE 43 US Education Technology Market by Type, 2018 - 2021, USD Million
TABLE 44 US Education Technology Market by Type, 2022 - 2028, USD Million
TABLE 45 US Education Technology Market by End User, 2018 - 2021, USD Million
TABLE 46 US Education Technology Market by End User, 2022 - 2028, USD Million
TABLE 47 US Education Technology Market by Sector, 2018 - 2021, USD Million
TABLE 48 US Education Technology Market by Sector, 2022 - 2028, USD Million
TABLE 49 Canada Education Technology Market, 2018 - 2021, USD Million
TABLE 50 Canada Education Technology Market, 2022 - 2028, USD Million
TABLE 51 Canada Education Technology Market by Deployment, 2018 - 2021, USD Million
TABLE 52 Canada Education Technology Market by Deployment, 2022 - 2028, USD Million
TABLE 53 Canada Education Technology Market by Type, 2018 - 2021, USD Million
TABLE 54 Canada Education Technology Market by Type, 2022 - 2028, USD Million
TABLE 55 Canada Education Technology Market by End User, 2018 - 2021, USD Million
TABLE 56 Canada Education Technology Market by End User, 2022 - 2028, USD Million
TABLE 57 Canada Education Technology Market by Sector, 2018 - 2021, USD Million
TABLE 58 Canada Education Technology Market by Sector, 2022 - 2028, USD Million
TABLE 59 Mexico Education Technology Market, 2018 - 2021, USD Million
TABLE 60 Mexico Education Technology Market, 2022 - 2028, USD Million
TABLE 61 Mexico Education Technology Market by Deployment, 2018 - 2021, USD Million
TABLE 62 Mexico Education Technology Market by Deployment, 2022 - 2028, USD Million
TABLE 63 Mexico Education Technology Market by Type, 2018 - 2021, USD Million
TABLE 64 Mexico Education Technology Market by Type, 2022 - 2028, USD Million
TABLE 65 Mexico Education Technology Market by End User, 2018 - 2021, USD Million
TABLE 66 Mexico Education Technology Market by End User, 2022 - 2028, USD Million
TABLE 67 Mexico Education Technology Market by Sector, 2018 - 2021, USD Million
TABLE 68 Mexico Education Technology Market by Sector, 2022 - 2028, USD Million
TABLE 69 Rest of North America Education Technology Market, 2018 - 2021, USD Million
TABLE 70 Rest of North America Education Technology Market, 2022 - 2028, USD Million
TABLE 71 Rest of North America Education Technology Market by Deployment, 2018 - 2021, USD Million
TABLE 72 Rest of North America Education Technology Market by Deployment, 2022 - 2028, USD Million
TABLE 73 Rest of North America Education Technology Market by Type, 2018 - 2021, USD Million
TABLE 74 Rest of North America Education Technology Market by Type, 2022 - 2028, USD Million
TABLE 75 Rest of North America Education Technology Market by End User, 2018 - 2021, USD Million
TABLE 76 Rest of North America Education Technology Market by End User, 2022 - 2028, USD Million
TABLE 77 Rest of North America Education Technology Market by Sector, 2018 - 2021, USD Million
TABLE 78 Rest of North America Education Technology Market by Sector, 2022 - 2028, USD Million
TABLE 79 Key Information – Google LLC
TABLE 80 key information – Microsoft Corporation
TABLE 81 Key Information – Instructure, Inc.
TABLE 82 Key Information – Coursera, Inc.
TABLE 83 Key Information – Chegg, Inc.
TABLE 84 Key Information – edX, Inc.
TABLE 85 Key information – BYJU'S
TABLE 86 Key Information – Upgrad Education Private Limited
TABLE 87 key information – Udacity, Inc.
TABLE 88 Key Information – Edutech
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2019, nov – 2022, jun) Leading Players
FIG 5 Key Strategic Move: (Partnerships, collaborations and agreements : 2019, feb – 2022, may) Leading Players
FIG 6 Recent strategies and developments: Google LLC
FIG 7 SWOT Analysis: Alphabet Inc. (Google LLC)
FIG 8 Recent strategies and developments: Microsoft Corporation
FIG 9 SWOT Analysis: Microsoft Corporation
FIG 10 Recent strategies and developments: Instructure, Inc.
FIG 11 Recent strategies and developments: Coursera, Inc.
FIG 12 Recent strategies and developments: BYJU'S
FIG 13 Recent strategies and developments: Upgrad Education Private Limited
FIG 14 Recent strategies and developments: Udacity, Inc.