10 Largest Ed-tech companies in the world

The worldwide EdTech boom is in full swing, with revenue expected to skyrocket in the next years and decades. Although the United States has been a leading adoption of educational technology, EdTech is becoming pervasive and indispensable in countries all over the world.

Who stands to gain the most from the rise of educational technology? From a financial standpoint, the following ten EdTech firms are now leading the sector as the largest and most lucrative.

1. VIP Kid 

VIP Kid has a market capitalization of $1.5 billion, making it the largest EdTech company today. This firm employs the majority of its instructors in the United States and teaches English to youngsters in other nations.

2. 17zuoye

17zuoye is a teaching firm based in China. They have a one-billion-dollar valuation and work with youngsters from kindergarten through high school. They employ a multi-faceted educational strategy.

3. Byju’s

Byju's is one of India's most well-known EdTech companies. Byju's, which was founded in 2015, offers an easy-to-use online learning environment for a range of disciplines. They've been working with investors and SoftBank to fund $200-250 million to extend their reach across a number of nations.

4. Yuanfudao

Another firm located in China with a market capitalization of around one billion dollars and a teaching business. They provide classroom instruction that is intended to be more focused on the kid and to make the usage of technology in the home and school simple.

5. Udemy

Udemy offers courses on nearly any subject you can think of. Students can simply decide what will be worth their time and what will not by looking at reviews and ratings that reflect the quality of each course. They take adult education to new heights.

6. Age of Learning

By integrating the greatest educational techniques with technology, Age of Learning focuses on the kid. They are one of the world's largest EdTech businesses, with a market capitalization of one billion dollars.

7. iTutorGroup

iTutorGroup is another billion-dollar EdTech firm. They are located in China and work in language tutoring. They aren't going anywhere anytime soon after being in business for nearly four years.

8. Udacity

Udacity provides a wide range of online courses. They are located in the United States and, because to their unique online courses, are regarded one of the most prominent online EdTech firms.

9. Coursera

Coursera is a multibillion-dollar online learning platform that has garnered over $145 million in funding from a number of prominent venture capital firms. Many prominent colleges rely on Coursera to give innovative access to online learning courses.

10. HuJiang

HuJiang is a Chinese firm that offers online courses, specializing in English language instruction. They hire a lot of individuals in the United States to teach English to Chinese people.

Concluding Thoughts

There are several EdTech businesses operating in various fields. Some educate young children, while others cater to adults, but these ten businesses have proven to be among the most successful in the sector.