The Educational Technology Global Market Report 2023, provides comprehensive information on the educational technology market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/educational-technology-global-market-report
As per The Business Research Company’s Educational Technology Global Market Report 2023, the global educational technology market is expected to grow from $126.72 billion in 2022 to $146.28 billion in 2023 at a compound annual growth rate (CAGR) of 15.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The educational technology market is expected to reach $257.03 billion in 2027 at a CAGR of 15.1%.
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Technological advancements are a key trend gaining popularity in the educational technology market. Major companies operating in the educational technology market are adopting new technologies to sustain their position in the market. For instance, in April 2023, The International Information System Security Certification Consortium, a US-based non-profit organization, launched an AI-based self-paced CISSP (Certified Information Systems Security Professional) Readiness Education. This innovative learning experience leverages artificial intelligence to provide individualized learning tailored to each participant’s knowledge level within the CISSP Common Body of Knowledge. The AI adapts the education based on targeted assessments, gauging the individual’s competence and confidence for each topic and addressing knowledge gaps or deficiencies. This AI-driven solution enhances CISSP certification preparation and exemplifies the use of evolving technological innovations, such as AI, to improve the cybersecurity workforce. The cybersecurity industry can reduce burnout, enhance efficiency, and foster knowledge sharing by embracing AI. The new learning experience offers interactive study materials, robust search capabilities, an analytics dashboard, and email support for additional assistance.
The educational technology market is segmented:
1) By Type: Hardware, Software, Content
2) By Sector: Preschool, K-12, Higher Education, Other Sectors
3) By End-User: Business, Consumer
North America was the largest region in the educational technology market in 2022.
The table of contents in TBRC’s educational technology market report includes:
1. Executive Summary
2. Educational Technology Market Characteristics
3. Educational Technology Market Trends And Strategies
4. Educational Technology Market – Macro Economic Scenario
5. Global Educational Technology Market Size and Growth
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26. South America Educational Technology Market
27. Brazil Educational Technology Market
28. Middle East Educational Technology Market
29. Africa Educational Technology Market
30. Educational Technology Market Competitive Landscape And Company Profiles
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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