‘Education Technology in the US — Market Intelligence’ discusses the adoption of technology in the US education sector. The report discusses the current market potential of use of technology in education. It segregates the users of internet and computation devices, as well as students — to gauge the use of technology in specific verticals.
The report further discusses the latest trends in educational technology space, as well as the activities of key players — to leverage the trends, and increase their market share. The time period considered for analyzing the space is March 2013 — September 2013.
US, as per the National Center for Educational Statistics, had 98,817 public schools, 33,366 private schools, and 6,742 higher education institutions, as of 2010. These institutions have more than 82 million students, who are enrolled across various grades.
With a major part of US education being public, the government is expected to spend US$165.36 billion on education and training in 2014, which will form 3.2% of the total government spending for the year. With 98% of the US schools having internet and 17.6% of the population using internet at schools, many educational institutions are embracing technology, and companies are investing in the educational technology space.
The US education space is witnessing several technological trends, such as increased use of massive open online courses (MOOCs), flipped classrooms, and gamification in learning. The education sector is also witnessing influx of many new technology companies, as well as activity in deal space.
The government is also taking adequate measures to promote technology–enabled learning. President Barack Obama, in June 2013, has called on the Federal Communications Commission (FCC) to improve the federal E-Rate program — which subsidizes broadband and wireless connections in schools and libraries across the US. With more than 99% of US schools expected to have high–speed broadband and wireless Internet by 2018, the demand for technology–based education in the US is expected to increase further.