Did you know that in 2020, North America held over a 37% share of the global edtech revenue?
The EdTech and smart classroom market in North America is expected to grow from US$ 2Billion in 2019 to US$ 8Billion by 2027; it is estimated to grow at a CAGR of 15. 5% from 2020 to 2027. This makes the region a hot spot for innovation and investment. In fact, in 2020, startups in the US alone have raised funding worth approximately USD 2.2Billion.
North America is undoubtedly one of the regions leading the EdTech space with projections to attract greater funding as the market matures.