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Educational Tech Market Drivers

Written by Klecha & Co. | Dec 29, 2023 2:17:08 PM

Drivers of historical and projected growth of the EdTech market on a global scale include the mentioned boost by Covid, including the aforementioned by EU, but also by other countries, resulting capital injections for digitisation of education. Further catalysts are mobile and digital devices as well as technological progress and penetration in general

Mobile, digital devices as well as connectivity speed and penetration are especially relevant for future accelerated growth stemming from developing countries, with India at the forefront. 

Furthermore, developing countries exhibit the highest population and education growth, representing a further category driving current and future growth of the Education and Training market and consequently the EdTech market. 

For example, the percentage reaching secondary education rate globally, is according to Our World in Data forecasted to expand from 35% in 2010 to 41% in

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