INTERESTING FACTS

TheEdTechmarketisworth$340billionandcouldreach$605billioninvalueby2027.

After 6 months, workers forget up to 90% of the material covered through traditional workplace training. That means huge opportunities for EdTech companies that can boost thosenumbers.

Many are unaware of how Byju’s, an Indian ed-tech giant, has partnered with a multinational tech company like Google to help offer more comprehensive learning solutions for schools in thecountry.

Over 70% of colleges expect to launch one or more online undergraduate programs in the nextthreeyears

Corporate EdTech’s market size could more than double over the next half-decade. While most of the EdTech market share belongs to North America, Europe and the Asia-Pacific regionshouldseefastergrowththisdecade.

The K-12 game-based learning market is expected to grow 20% per year through 2025. The industry is poised to add over $9 billion in market value in the first half of the 2020s. The US andCanadaareforecastedtomakeupoverone-thirdofthatgrowth.

Byju’s, an Indian EdTech startup built around a freemium tutoring app, is the world’s leading EdTechunicornwitha$21billionvaluation

Classroom engagement and instruction platforms like Kahoot! and Quizizz make up 23% of all edtech solutions used by K-12 schools. General solutions like Google’s suite of programs (Docs,Slides,Drives,etc.)makeupanother18%.

EdTech usage in schools has increased 99% since 2020. Prior to the pandemic, school districts averaged 703 EdTech solutions per month. Today, they use an average of 1403 EdTechsolutions.