The K-12 Education Technology market is less concentrated and key players include VIP Kid, Yuanfudao, Byju’s, PowerSchool, Sanoma, Pearson, Kroton, etc. and remarkably, top two companies are from China, altogether held over 13% of the market in 2019. Though now Europe is the leading region in the market, India and China are believed to have faster growing rate. Also it is a relatively new industry, the market is expected to grow rapidly in the following years with 25% per year. The major application area is online, which helf over 85% of the market.
Market Analysis and Insights: Global K12 Education Technology Market
The research report studies the K12 Education Technology market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global K12 Education Technology market size is projected to reach US$ 45190 million by 2026, from US$ 11850 million in 2020, at a CAGR of 25.0% during 2021-2026.
Global K12 Education Technology Scope and Segment
The global K12 Education Technology market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global K12 Education Technology market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
by Type, the market is primarily split into
Learning Management Systems (LMS)
Learning Content Management Systems (LCMS)
Learning Content Development Systems (LCDS)
Student Response Systems (SRS)
by Enabling Technology
Educational Enterprise Resource Planning (ERP)
by Application, this report covers the following segments
Global K12 Education Technology market: regional analysis, the major regions covered in the report are:
Rest of Europe
Rest of Asia-Pacific
Middle East & Africa
Rest of Middle East & Africa
The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.
The K12 Education Technology key players in this market include:
Acro Platform Ltd