South Africa EdTech Market Summary, Competitive Analysis and Forecast to 2027

Key Highlights

• Educational Technology (EdTech) is the integration of technology into educational practices to improve students' or users' learning outcomes. It includes a variety of digital tools and resources, including software, hardware, multimedia, and network equipment. With education technology, learners can learn anytime, anywhere, at their own pace, with tools like gamified content and microlearning courses.
• The South African edtech market had total revenues of $763 million in 2022, representing a compound annual growth rate (CAGR) of 9.4% between 2017 and 2022.
• The pre-K-12 and K-12 segment accounted for the market's largest proportion in 2022, with total revenues of $ 461 million, equivalent to 60.4% of the market's overall value.
• The improving technological environment and growing digitization are the major factors, driving growth in the South African edtech market.

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the edtech market in South Africa
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in South Africa
• Leading company profiles reveal details of key edtech market players' global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the South Africa edtech market with five year forecasts

Reasons to Buy

• What was the size of the South Africa edtech market by value in 2022?
• What will be the size of the South Africa edtech market in 2027?
• What factors are affecting the strength of competition in the South Africa edtech market?
• How has the market performed over the last five years?
• Who are the top competitors in South Africa's edtech market?