EdTech Books (2024)

FAQs

Why is EdTech so popular? ›

By using edtech, students increase their level of technological literacy. Edtech can make it easier to do research effectively, putting worlds of information at students' fingertips.

Top EdTech Industry Stats

Before reading the entire list of stats, here's a quick peek at the EdTech industry: The EdTech market is worth $340 billion. Corporate EdTech is a $27.5 billion industry. EdTech usage in K-12 schools has increased 99% since 2020.

Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning. When referred to with its abbreviation, "EdTech", it often refers to the industry of companies that create educational technology.

The Ed Tech industry offers a path to pursuing impactful work while earning competitive compensation and developing in-demand skills. In this context, the Ed Tech industry can be an extraordinary opportunity for professionals coming from a diverse set of backgrounds.

The edtech landscape is crowded with a multitude of startups and products, fostering a highly competitive environment. This saturation makes it challenging for companies to differentiate themselves and sustain profitability.

The target audience for EdTech businesses comprises of: Young students. Institutions looking for educational tools. Organizations seeking upskilling resources.

Differently from revenue multiples, some companies in EdTech managed to maintain relatively high profit multiples all throughout 2022 and 2023, with the top 25% of the sample recording EBITDA multiples between 30x and 150x at the end of last year.

Unlike EdTech, which focuses on integrating technology into existing frameworks, TechEd revolves around teaching technology as a core subject in its own right. TechEd revolves around teaching technology as a core subject in its own right.

As an Edtech startup your success depends on truly grasping who your target customers are – teachers, students, schools or districts. The more you understand their pain points, priorities and workflows, the better you can build solutions that solve real problems. Talk to educators and administrators, ideally in person.

Is EdTech a growing industry? ›

The global EdTech market size was valued at USD 115,022.22 million in 2021 and is expected to expand at a CAGR of 26.32% during the forecast period, reaching USD 467,263.92 million by 2027.

Many educational technologists have undergraduate degrees in elementary or secondary education. However, a bachelor's degree in information technology, computer science, or information systems can also provide a strong foundation for a career in educational technology.

Integrating technology in the classroom helps students develop digital literacy, teaching them to navigate platforms, use productivity tools, collaborate online, and communicate effectively in digital environments.

Ed tech capital investments are slowing down closer to early pandemic levels with companies raising a total $2.8 billion in 2023, according to a February analysis by ed tech investor Reach Capital.