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The report attributes the market growth to governments in the MENA region embracing online education platforms, as part of their pandemic response. Many countries in the region are implementing initiatives to improve e-learning.

The U.S. private tutoring market is becoming increasingly fragmented, a trend that Technavio expects to accelerate. While the rise of STEM education presents growth opportunities, the availability of open-source materials may impede its progress.

The report added that the market growth is expected to continue significantly through 2029. It added that the growth of the edtech market can be attributed to the increased demand for applications in Kindergarten, K-12, and Higher Education globally.

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