Report: U.S Ed Tech Spending to Reach $27.6 Billion in 2021

A new report is forecasting a spend of $27.6 Billion this year on education technology in the United States.

That figure is lower than some other forecasts for 2021, such as the $38.2 billion forecast by the Learning Counsel. The exact figure for ed tech spending in the United States has been elusive, and different market research organizations calculate their figures based on different definitions of what constitutes ed tech.

The report, Education Technology and Smart Classrooms: Global Market Trajectory & Analytics, from market research firm Global Industry Analysts, estimated the total global ed tech spend at $78.6 billion in 2020, which is in line with other global trends reports. The report's authors are predicting global compound annual growth of 16.3% through 2026, when the total global spend is forecast to reach $195.7 billion.

The report forecast China's growth in ed tech spending to be 15.6% over the same period, reaching $34.2 billion by 2026. Japan, Canada and Germany are all expected to see double-digit growht in ed tech spending over the report period as well ± Japan at 14.5%, Canada at 14% and Germany at 11.9% CAGR.

The information released to the public from the report did not spell out the growth in ed tech spending for the United States during the analysis period.

The complete report is available for $4,950 at strategyr.com.

About the Author

David Nagel is the former editorial director of 1105 Media's Education Group and editor-in-chief of THE Journal, STEAM Universe, and Spaces4Learning. A 30-year publishing veteran, Nagel has led or contributed to dozens of technology, art, marketing, media, and business publications.

He can be reached at [email protected]. You can also connect with him on LinkedIn at https://www.linkedin.com/in/davidrnagel/ .


Featured

  • glowing digital brain made of blue circuitry hovers above multiple stylized clouds of interconnected network nodes against a dark, futuristic background

    Report: 85% of Organizations Are Leveraging AI

    Eighty-five percent of organizations today are utilizing some form of AI, according to the latest State of AI in the Cloud 2025 report from Wiz. While AI's role in innovation and disruption continues to expand, security vulnerabilities and governance challenges remain pressing concerns.

  • teacher

    6 Policy Recommendations for Adopting AI in the Classroom

    The Southern Regional Education Board's Commission on AI in Education has published six recommendations on adopting artificial intelligence in schools, colleges, and universities. The guidance marks the commission's first release since it was established last February, with more recommendations planned in the coming year.

  • augmented reality goggles on a desk in a dark, shut-down production lab with neon accents and scattered tools

    Microsoft Transitioning Away from HoloLens Mixed Reality Hardware

    Microsoft has confirmed that hardware development for its HoloLens mixed reality headset has officially come to an end.

  • a professional worker in business casual attire interacting with a large screen displaying a generative AI interface in a modern office

    Study Finds Generative AI Could Inhibit Critical Thinking

    A new study on how knowledge workers engage in critical thinking found that workers with higher confidence in generative AI technology tend to employ less critical thinking to AI-generated outputs than workers with higher confidence in personal skills.