K-12 educational technology market to triple in size by 2030

The factor contributing to the growth of the K–12 EdTech market is the need for more personalized and adaptive learning.

The K–12 EdTech market is expected to triple in value by 2030. According to a survey by Adroit industry Research, the K–12 education technology industry is anticipated to increase from US$105 billion in 2022 to US$350 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 19.8%. One major driver of growth in the K–12 EdTech market is the growing adoption of digital learning tools and platforms. Education technology has become increasingly popular in recent years, with many schools and districts using online platforms, educational software, and other digital tools to enhance student learning and engagement. The factor contributing to the growth of the K–12 EdTech market is the need for more personalized and adaptive learning. As students have different learning styles and needs, one-size-fits-all teaching methods may not be effective. EdTech tools and platforms can help provide a more customized learning experience tailored to the needs of individual students.

The K–12 EdTech market is poised for significant growth in the coming years, driven by technological advancements and the need for more effective and efficient teaching and learning methods. Keeping up with this growth will be crucial for schools and educators to ensure that they are providing students with a quality education that prepares them for the future.