The global EdTech market is expected to reach $40.3 Billion by 2022, with the CAGR 18.2%. Therefore, there is an excellent opportunity for startups stepping into the Educational Technology Industry. In the global education industry, India listed in the best educational places, because, India has one of the largest systems of higher education institutions in the world. With the help of technology, every sector is developing, and education is no exception. The technology initiatives change, development, and innovation in the education system, it has made the Educational Industry and Educational Technology Industry (EdTech) as one of the promising sectors or markets.
For many years now, technology and innovations in EdTech influenced the businesses and business professionals with allowing an exceptional opportunity in the market to start EdTech startups. It delivers excellent content to the digitally connected customers anywhere, anytime. The EdTech industry is emerging with the recent technology trends such as Immersive Technology, Early Childhood Learning, Coding, Robotics Technology, Online Courses, Learning Management System, STEM, Language Learning, Social-Emotional Learning, etc. The booming smartphone and internet usage, the increasing use of cloud-based technology helps the EdTech market to grow.