Global EdTech market set to hit $721.15 billion by 2033 amid rise of immersive technologies like AR and VR
Valued at $250.16 billion in 2024, the global EdTech market is projected to reach $721.15 billion by 2033, growing at a CAGR of 11.86% during this period, according to IMARC Group.
Key factors here include the adoption of personalised learning experiences, the rise of immersive technologies like AR and VR, and a heightened focus on lifelong learning and professional development. North America currently leads the way, holding a significant share due to its robust technological infrastructure and early adoption of innovative educational tools.
According to IMARC Group: “As we see a global shift towards digitalization, the education sector is feeling the effects in a big way. The flexibility and convenience of online learning platforms have made them a hit among students and professionals alike. Educational institutions are increasingly adopting digital tools to enrich the learning experience, while companies are turning to e-learning for training and development of their employees. This rising demand for digital learning solutions is a key factor driving the expansion of the EdTech market.”
It adds: “In today's fast paced job market, the need for continuous learning and skill development has never been more crucial. EdTech platforms are stepping up to meet this demand by offering a diverse array of courses and certifications that promote lifelong learning. More and more professionals are seeking out online platforms to enhance their skills and maintain their competitive edge, while organizations are investing in programs to develop their workforce. This focus on ongoing education is playing a significant role in the growth of the EdTech market.”
2025 RTIH INNOVATION AWARDS
The global shift towards digitalization will be a key focus area at our sister title RTIH’s 2025 Innovation Awards.
The awards, which are now open for entries, celebrate global tech innovation in a fast moving omnichannel world.
Our 2024 hall of fame entrants were revealed during an event which took place at RIBA’s 66 Portland Place HQ in Central London on 21st November, and consisted of a drinks reception, three course meal, and awards ceremony presided over by comedian Lucy Porter.
In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: “The event is now into its sixth year and what a journey it has been. The awards started life as an online only affair during the Covid outbreak, before launching as a small scale in real life event and growing year on year to the point where we’re now selling out this fine, historic venue.”
He added: “Congratulations to all of our finalists. Many submissions did not make it through to the final stage, and getting to this point is no mean feat. Checkout-free stores, automated supply chains, immersive experiences, on-demand delivery, next generation loyalty offerings, inclusive retail, green technology. We’ve got all the cool stuff covered this evening.”
“But just importantly we’ve got lots of great examples of companies taking innovative tech and making it usable in everyday operations - resulting in more efficiency and profitability in all areas.”
Congratulations to our 2024 winners, and a big thank you to our sponsors, judging panel, the legend that is Lucy Porter, and all those who attended November's gathering.
For further information on the 2025 RTIH Innovation Awards, please fill in the below form and we will get back to you asap.
