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How big is the EdTech market 2021?

How big is the EdTech market 2021?

around USD 85 Billion
The report predicts the global EdTech market was valued at around USD 85 Billion in 2021 and is expected to reach approx USD 218 billion in 2027, growing with a CAGR of around 17\% during the forecast period from 2021-2027.

How big is the online education market?

Amid the COVID-19 crisis, the global market for E-Learning estimated at US$250.8 Billion in the year 2020, is projected to reach a revised size of US$457.8 Billion by 2026, growing at a CAGR of 10.3\% over the analysis period.

What is the size of the EdTech market?

NEW YORK, Nov. 8, 2021 /PRNewswire/ — The Edtech market size is expected to increase by USD 112.39 billion from 2020 to 2025….

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Edtech Market Scope
Report Coverage Details
Forecast period 2021-2025
Growth momentum & CAGR Decelerate at a CAGR of 17.85\%
Market growth 2021-2025 USD 112.39 billion

What does the K in K 12 stand for?

kindergarten
The expression “K–12” is a shortening of kindergarten (K) for 5–6 year olds through twelfth grade (12) for 17–18 year-olds, as the first and last grades, respectively, of free education in these countries.

What is educational market?

Educational marketing is a marketing tactic that educates prospects on the value of the results they can get from using your products or services. It describes the process of teaching your leads about a certain topic or industry that can guide their purchasing decision.

How fast is EdTech growing?

The Global EdTech & Smart Classroom Market size was estimated at USD 83.61 Billion in 2020 and expected to reach USD 99.50 Billion in 2021, at a Compound Annual Growth Rate (CAGR) 19.34\% to reach USD 241.58 Billion by 2026.

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Who started k12?

President Benigno Aquino III
MANILA, Philippines – President Benigno Aquino III on Wednesday, May 15, signed the Enhanced Basic Education Act of 2013 into law, more commonly known as the K-12 program.