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EdTech in South Korea

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    Report

  • 31 Pages
  • February 2024
  • Region: South Korea
  • GlobalData
  • ID: 5973167
EdTech in South Korea industry profile provides top-line qualitative and quantitative summary information including: market size (value 2019-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

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 Korean edtech market had total revenues of $5,227.1 million in 2023, representing a compound annual growth rate (CAGR) of 11.9% between 2018 and 2023.
  • The pre k-12 and k-12 segment accounted for the market's largest proportion in 2023, with total revenues of $2,839.7 million, equivalent to 54.3% of the market's overall value.
  • The South Korean edtech market accounted for 3.1% of the market share in the Asia-Pacific 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 Korea
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in South Korea
  • 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 Korea edtech market with five year forecasts

Reasons to Buy

  • What was the size of the South Korea edtech market by value in 2023?
  • What will be the size of the South Korea edtech market in 2028?
  • What factors are affecting the strength of competition in the South Korea edtech market?
  • How has the market performed over the last five years?
  • What are the main segments that make up South Korea's edtech market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players in the market?
7.2. What are the recent developments in the market?
7.3. What are the different business models in this market?
8 Company Profiles
8.1. Mathpresso Inc
8.2. Riiid Inc
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
  • About the Analyst
List of Tables
Table 1: South Korea edtech market value: $ million, 2018-23
Table 2: South Korea edtech market category segmentation: % share, by value, 2018-2023
Table 3: South Korea edtech market category segmentation: $ million, 2018-2023
Table 4: South Korea edtech market geography segmentation: $ million, 2023
Table 5: South Korea edtech market value forecast: $ million, 2023-28
Table 6: Mathpresso Inc: key facts
Table 7: Riiid Inc: key facts
Table 8: South Korea size of population (million), 2019-23
Table 9: South Korea gdp (constant 2005 prices, $ billion), 2019-23
Table 10: South Korea gdp (current prices, $ billion), 2019-23
Table 11: South Korea inflation, 2019-23
Table 12: South Korea consumer price index (absolute), 2019-23
Table 13: South Korea exchange rate, 2019-23
List of Figures
Figure 1: South Korea edtech market value: $ million, 2018-23
Figure 2: South Korea edtech market category segmentation: $ million, 2018-2023
Figure 3: South Korea edtech market geography segmentation: % share, by value, 2023
Figure 4: South Korea edtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the edtech market in South Korea, 2023
Figure 6: Drivers of buyer power in the edtech market in South Korea, 2023
Figure 7: Drivers of supplier power in the edtech market in South Korea, 2023
Figure 8: Factors influencing the likelihood of new entrants in the edtech market in South Korea, 2023
Figure 9: Factors influencing the threat of substitutes in the edtech market in South Korea, 2023
Figure 10: Drivers of degree of rivalry in the edtech market in South Korea, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Mathpresso Inc
  • Riiid Inc