Global and United States K12 Education Technology Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States K12 Education Technology Market
This report focuses on global and United States K12 Education Technology market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global K12 Education Technology market size is estimated to be worth US$ 18830 million in 2022 and is forecast to a readjusted size of US$ 71820 million by 2028 with a CAGR of 25.0% during the review period. Fully considering the economic change by this health crisis, by Type, Learning Management Systems (LMS) accounting for % of the K12 Education Technology global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Online was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
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.
Global K12 Education Technology Scope and Market Size
K12 Education Technology market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global K12 Education Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the K12 Education Technology market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
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
Segment by Application
Online
Offline
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
VIP Kid
Yuanfudao
Byju’s
PowerSchool
Sanoma
Pearson
Kroton
BlackBoard
ITutorGroup
D2L
Acro Platform Ltd
Learnosity
Illuminate Education
Bettermarks
Noon Academy
Toppr