Education Technology Segmentation
Deployment Model (Cloud-based, On-premise)
The cloud-based segment is projected to account for 60.5% of the global education technology market share by 2037. The adoption of cloud-first strategies in the education systems is directly boosting the segmental growth. The efficiency, scalability, and cost-effectiveness are propelling the sales of cloud-based learning platforms. The ease of asynchronous access and data-driven content customization is also uplifting the adoption of cloud-based education technologies. The National Center for Education Statistics (NCES) states that more than 64.5% of U.S. public schools adopted cloud-based platforms in 2023. These moves are reducing the infrastructure costs and enhancing the remote accessibility of data.
End user (K-12 Schools, Higher Education Institutions, Corporate & Government Training)
The K-12 school segment is anticipated to hold 42.3% of the global education technology market share throughout the forecast period. The digital transformation programs are boosting the K-12 learning platforms. North America, Asia-Pacific, and Europe are expected to lead the sales of K-12 digital learning solutions in the coming years. The OECD’s 2024 Education Policy Outlook states that in 2023, more than USD 12.3 billion was invested in the K-12 digital curriculum and device procurement globally. The rising investments in online learning platforms are estimated to propel the overall segmental growth in the years ahead.
Our in-depth analysis of the global education technology market includes the following segments:
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