The global Ed-Tech market was valued at approximately $76 billion in 2020 and is projected to reach $350 billion by 2027, with a compound annual growth rate of around 19% during the forecast period.
The market of education technology is driven by factors such as increasing demand for digital learning solutions, rising adoption of e-learning platforms, and the growing need for personalized learning experiences. The COVID-19 pandemic has also accelerated the adoption of education technology as schools and universities around the world shifted to online learning to ensure continuity of education. The market is expected to continue to grow as more schools and educational institutions adopt technology solutions to enhance the quality of education and improve learning outcomes.
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