Education Technology Market predicted to reach $285.2B by 2027 -Grand View Research, Inc

PR Newswire | July 20, 2020

The global education technology market size is anticipated to reach USD 285.2 billion by 2027, growing at a CAGR of 18.1% from 2020 to 2027, according to a new report by Grand View Research, Inc. Technology has revolutionized the process of learning. From Massive Open Online Courses (MOOCs) to virtual classrooms, the education technology (EdTech) sector has emerged rapidly, leading to an influx of massive investments worldwide. Countries across the globe are realizing the potential of integrating technology to enhance student learning, enabling education leaders to undertake range of initiatives in integrating EdTech into their education systems, schools, and classrooms. Developed economies, including U.S., U.K., and Germany, are at the forefront of developing and introducing innovative education technology offerings, supporting education administration, student and community engagement, and reducing teacher workload. On the other hand, emerging economies, such as India, are focusing on utilizing such technologies to provide access to educate their population. As a result, EdTech is anticipated to foresee substantial growth in such economies to educate the rapidly growing population rather than building a well-developed institute.

Spotlight

Financial aid professionals from colleges and agencies across the state will explain the various types of aid available and offer their advice to students on how and when to apply.These experts will provide information on types and sources of aid, the application process, federal/private and state scholarships and grants, state assistance with private college expenses, plus more.

Spotlight

Financial aid professionals from colleges and agencies across the state will explain the various types of aid available and offer their advice to students on how and when to apply.These experts will provide information on types and sources of aid, the application process, federal/private and state scholarships and grants, state assistance with private college expenses, plus more.

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