Educational Equipment and Software: Global Markets

Report Code: IAS118C

Publish Date: Sep 2024

Publisher: BCC Publishing

Category: Instruments

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Report Highlights

The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.

Report Includes

  • 57 data tables and 63 additional tables
  • An overview of the current and future global markets for educational equipment and software
  • Analyses of global market trends, with market revenue data (sales figures) for 2023, estimates for 2024, forecasts for 2025 and 2026, and projected CAGRs through 2029
  • Analyses of global market trends, with market revenue data (sales figures) for 2023, estimates for 2024, forecasts for 2029 and projected CAGRs through 2029
  • Estimates of the market size and revenue forecasts for the global market for educational equipment and software, with market share analysis by type, application, and region
  • Discussions of the market dynamics, opportunities and challenges, as well as emerging technologies
  • Overview of the sustainability trends and ESG developments in the industry, with emphasis on the ESG practices followed by leading companies, their ESG ratings, and consumer attitudes
  • Competitive intelligence, including companies’ market shares, recent M&A activity and venture funding
  • Profiles of the leading companies, including Alphabet Inc., Microsoft Corp., Apple Inc., Lenovo, and Dell Technologies Inc.

Report Scope

This report provides an overview of the global educational equipment and software market and analyzes market trends. It includes an updated review of the educational equipment and software market’s type and application segments. Using 2023 as the base year, the report provides estimated market data for 2024 through 2029, including revenue forecasts for type, application, and geographic region segments. Geographic segments include North America (i.e., U.S., Canada, Mexico), Europe (i.e., U.K., Germany, France, Spain, Rest of Europe), Asia-Pacific (i.e., Mainland China, Japan, South Korea, India, Rest of Asia-Pacific) and the Rest of the World (i.e., South America, Middle East and Africa). The report also focuses on emerging technologies and the vendor landscape. It concludes with profiles of the major players in the market.

Report Synopsis

Report Metrics Details
Base year considered 2023
Forecast period considered 2024-2029
Base year market size $100.8 billion
Market size forecast $187.9 billion
Growth rate CAGR of 12.2% for the forecast period of 2024-2029
Units considered $ Millions
Segments covered Type, Application and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Countries covered U.S., Canada, Mexico, U.K., Germany, Spain, France, China, Japan, South Korea, and India
Key Market Drivers
  • Increasing integration of AI and ML in educational tools.
  • Rise of gamification in education.
  • Rapid rise of mobile learning.
  • Growing impact of social-emotional learning (SEL) technologies on education
  • Blockchain in education.
  • Integration of IoT solutions, AR and VR in education.
Companies studied
2UANTHOLOGY INC.
APPLE INC.ARTICULATE GLOBAL LLC.
CISCO SYSTEMS INC.CORNERSTONE
COURSERA INC.D2L CORP.
DELL INC.ECHO360
GOOGLE INC. (ALPHABET INC.)HP DEVELOPMENT CO. L.P.
INSTRUCTURE INC. INTEL CORP.
LENOVOMICROSOFT
ORACLEPEARSON
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Frequently Asked Questions (FAQs)

The global market for educational equipment and software was valued at $100.8 billion in 2023 and will reach $187.9 billion by 2029, growing at a CAGR of 12.2% from 2024 to 2029.
The key factors driving the global educational equipment and software market growth include increasing integration of artificial intelligence (AI) and machine learning (ML) in educational tools, rise of gamification in education, and the mobile learning revolution.
By the end of 2029, the universities segment will continue to dominate global educational equipment and software owing to the increased adoption of educational technology across various universities for higher education. Also, the higher market share, as universities tend to go for regular technological upgrades, driven by the need to align with industry standards and prepare students for tech-centric careers.
The North American region is the leading revenue generator for the global educational equipment and software market. In 2023, it accounted for $39.0 billion in revenue, representing about 38.7% of the global total. Both North America and Europe are key markets, with significant growth potential driven by major industry players deriving substantial revenue from these regions, innovations in equipment and software, high internet penetration, widespread technology adoption in education, and substantial government investments to foster industry expansion.
The key companies/players in the market include Alphabet Inc., Microsoft Corporation, Apple Inc., Lenovo Group Limited, and Dell Inc. among others.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

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Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Educational Equipment and Software: Global Markets178Free
Chapter- 1: Executive Summary5Free
Chapter- 2: Market Overview10Free
Chapter- 3: Market Dynamics8Free
Chapter- 4: Emerging Trends and Technologies10Free
Chapter- 5: Market Segmentation Analysis49Free
Chapter- 6: Competitive Intelligence5Free
Chapter- 7: Sustainability in Educational Equipment and Software Industry: An ESG Perspective6Free
Chapter- 8: Appendix85Free
Published - Jan-2021| Analyst - BCC Publishing| Code - IAS118B

Report Highlights

The global educational equipment and software market should reach $121.3 billion by 2025 from $65.8 billion in 2020 at a compound annual growth rate (CAGR) of 13.0% for the forecast period of 2020 to 2025.

Report Includes

  • 81 data tables and 17 additional tables
  • An overview of the global market for educational equipment and software
  • Estimation of the market size and analyses of global market trends with data from 2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
  • Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market trends, market size, market forecast, and technological advancements within the industry
  • Impact analysis of COVID-19 on educational equipment and software market
  • Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies; and a relevant patent analysis
  • Company profiles of major players of the industry, including Adobe, Cisco Systems Inc., Dell, HP, Lenovo, McGraw-Hill, NIIT Ltd. and Pearson
Published - Oct-2017| Analyst - Aneesh Kumar| Code - IAS118A

Report Highlights

The global market for educational hardware and software increased from $50.5 billion in 2016. This market is estimated to reach nearly $110.9 billion in 2022 from $57.7 billion in 2017 at a compound annual growth rate (CAGR) of 14.0% for 2017-2022. 

Report Includes

  • An overview of the global markets for educational equipment and software
  • Analyses of global market trends, with data from 2016, estimates for 2017, and projections of compound annual growth rates (CAGRs) through 2022
  • Coverage of software solutions, including learning management systems (LMS), learning content management systems (LCMS), adaptive learning platforms, and assessment systems
  • Breakdowns of educational market into categories, including hardware, software, and content
  • A look at emerging growth areas, such as smart education, along with market drivers and challenges
  • Profiles of major players in the industry

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Educational Equipment and Software: Global Markets

Published - Sep 2024 | Publisher - BCC Publishing | Code - IAS118C

The global market for educational equipment and software is expected to grow from $105.4 billion in 2024 and is projected to reach $187.9 billion by the end of 2029, at a compound annual growth rate (CAGR) of 12.2% during the forecast period of 2024 to 2029.

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Educational Equipment and Software: Global Markets
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