Posted 4/8/2024, 4:30:00 PM
Edtech Booming as Online Learning Surges - Market Size Could Top $400 Billion by 2034
- Edtech market size to reach US$ 411.566 billion by 2034, advancing at a 14.3% CAGR
- Demand driven by online platforms and emphasis on reskilling, upskilling, and lifelong learning
- EdTech adoption surged due to the pandemic, showing the importance of flexible, tech-enabled solutions
- Asia Pacific sees strong growth due to government support and rising middle class discretionary incomes
- Leading players are expanding reach via partnerships, alliances, collaborations, and acquisitions