Facts on The Australian Edtech industry 2019
Australia has more than 350 edtech companies servicing the entire education ecosystem.
Recent data on the Australia Edutech industry suggest is expected to grow to $1.7 Billion by 2022. The market is going to grow significantly due to increased demand for educational products and services and new technology from institutions and lowing acquisition cost.
One amazing fact is 15% of all Australian start up’s are targeting the Australian education space making it the second-largest vertical being targeted by start-ups nationally.
Australia has a grown reputation delivering high quality education the same credentials is being translated to the education technology industry as well. Australia is currently ranked third is the third most popular destination for international students when is the third-largest export for Australia with the value of $28 Billion in 2016 17 supporting over 130 1000 Australian jobs.