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EdTech in the United States

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    Report

  • 43 Pages
  • February 2024
  • Region: United States
  • GlobalData
  • ID: 5973238
EdTech in the United States 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 US edtech market had total revenues of $80,275.1 million in 2023, representing a compound annual growth rate (CAGR) of 17.1% 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 $36,251.5 million, equivalent to 45.2% of the market's overall value.
  • The US edtech market accounted for 28.7% of the market share in the global 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 the United States
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the edtech market in the United States
  • 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 United States edtech market with five year forecasts

Reasons to Buy

  • What was the size of the United States edtech market by value in 2023?
  • What will be the size of the United States edtech market in 2028?
  • What factors are affecting the strength of competition in the United States edtech market?
  • How has the market performed over the last five years?
  • What are the main segments that make up the United States'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 strategies do the leading players follow?
7.3. What are the strengths of the leading players?
7.4. What are the most recent notable developments?
8 Company Profiles
8.1. 2U Inc
8.2. Coursera Inc
8.3. Udemy Inc
8.4. Chegg 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: United States edtech market value: $ million, 2018-23
Table 2: United States edtech market category segmentation: % share, by value, 2018-2023
Table 3: United States edtech market category segmentation: $ million, 2018-2023
Table 4: United States edtech market geography segmentation: $ million, 2023
Table 5: United States edtech market value forecast: $ million, 2023-28
Table 6: 2U Inc: key facts
Table 7: 2U Inc: annual financial ratios
Table 8: 2U Inc: key employees
Table 9: 2U Inc: key employees Continued
Table 10: Coursera Inc: key facts
Table 11: Coursera Inc: annual financial ratios
Table 12: Coursera Inc: key employees
Table 13: Udemy Inc: key facts
Table 14: Udemy Inc: annual financial ratios
Table 15: Udemy Inc: key employees
Table 16: Chegg Inc: key facts
Table 17: Chegg Inc: annual financial ratios
Table 18: Chegg Inc: key employees
Table 19: United States size of population (million), 2019-23
Table 20: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 21: United States gdp (current prices, $ billion), 2019-23
Table 22: United States inflation, 2019-23
Table 23: United States consumer price index (absolute), 2019-23
Table 24: United States exchange rate, 2019-23
List of Figures
Figure 1: United States edtech market value: $ million, 2018-23
Figure 2: United States edtech market category segmentation: $ million, 2018-2023
Figure 3: United States edtech market geography segmentation: % share, by value, 2023
Figure 4: United States edtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the edtech market in the United States, 2023
Figure 6: Drivers of buyer power in the edtech market in the United States, 2023
Figure 7: Drivers of supplier power in the edtech market in the United States, 2023
Figure 8: Factors influencing the likelihood of new entrants in the edtech market in the United States, 2023
Figure 9: Factors influencing the threat of substitutes in the edtech market in the United States, 2023
Figure 10: Drivers of degree of rivalry in the edtech market in the United States, 2023

Companies Mentioned (Partial List)

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

  • 2U Inc
  • Coursera Inc
  • Udemy Inc
  • Chegg Inc