K-12 ed tech spending is projected to grow tremendously between 2022 and 2032 — jumping in market worth from $14.8 billion to $132.4 billion globally, according to a recent report by Market.Us, a consulting and market research company.
The expected rise is driven by the increased demand for personalized and online learning that emerged from the pandemic. “As education increasingly relies on digital platforms, schools and districts allocate budgets to stay competitive and provide students with 21st-century skills,” the report said.