Global K-12 Education Technology Market Size, Share, and Trends Analysis Report, By Type (Learning Management Systems [LMS], Learning Content Management Systems [LCMS], Assessment Systems, Student Response System [SRS]), By Technology (Analytics, Gaming, Enterprise Resources Planning, Education Dashboard, and Educational Security), By Application (Pre-Primary School, Primary School, Middle School, and High School), Forecast (2022-2028)

The global K-12 education technology market is anticipated to grow at a CAGR of 12% during the forecast period (2022- 2028). K-12, a term used which is used in education and educational technology in the US, Canada, and other countries, is a short form for the publicly-supported school grades prior to college. These grades are kindergarten (K) and the 1st through the 12th grade (1-12). The increase in technological advances and the rising use of big data have increased the demand for learning analytics in the education industry. Additionally, the adoption of various new available technology supports educational institutions to offer a personalized form of learning. These are some driving factors for the growth of the market. The use of robots can also support children that are learning from home or in areas where human experts are not much available. For instance, English-speaking robots were introduced to some 500 Japanese classrooms in 2019 to serve this purpose. This is also contributing to the growth of the global K-12 education technology market.

 

The market is segmented based on the type, technology, and application. Based on the type, the market is segmented into learning management systems, learning content management systems, assessment systems, and student response systems. A Learning Management System (LMS) is an online integrated software used for creating, delivering, tracking, and reporting educational courses and outcomes. It can be used to support traditional face-to-face instruction as well as distance learning. A content management system is used for creating, managing, and optimizing customers’ digital experience. An assessment system is used to identify students’ strengths and weaknesses and the gaps they may have in their learning skills. A student response system (SRS) is used in a classroom to rapidly collect answers to questions from every student, and if desired, to graphically display a summary of data.

 

Some major players in the market include Blackboard Inc., Dell Inc., and Samsung Electronics, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, K12 Inc. has provided more than 150,000 students, families, and teachers in the US with access to free educational and instructional tools and resources during the coronavirus pandemic. Despite nationwide school closures, the company is supporting students and teachers get back to school this academic year.

 

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By  Type
  • By Technology
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Blackboard Inc., Dell Inc., and Samsung Electronics, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment

Global K-12 Education Technology Market Report by Segment

By Type

• Learning Management Systems (LMS)
• Learning Content Management Systems (LCMS)
• Assessment Systems
• Student Response System (SRS)

By Technology

• Analytics
• Gaming
• Enterprise Resources Planning
• Education Dashboard
• Educational Security

By Application

• Pre-Primary School
• Primary School
• Middle School
• High School

Global K-12 Education Technology Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa