Top Educational Technology Companies To Watch In 2024 And Beyond
Are you wondering about the best EdTech companies and what they are up to? You've landed on the right list. EdTech industry sectors include hardware, software, and content. And there are players in the EdTech space that have great market share. Plenty of factors drive growth for the EdTech market, some being preschool, K-12, higher education, and corporate training. Although it's a highly competitive landscape, EdTech startups keep showing up by the dozen.
The EdTech industry is taking the world by storm. Companies like Duolingo, Coursera, Stride, Udemy, Udacity, etc., have shown the way. All those leading companies are a mere example of how successful creating a new business in EdTech can be. Competitors make their appearance, and we've seen plenty of mergers and acquisitions taking place. Did you know that the global EdTech market size is expected to expand at a CAGR of 26.32%? That means that, by 2027, it could reach $467263.92 million. It's where the money is. As you can understand, there are endless growth opportunities.
One thing is certain based on emerging trends like AI adoption and the impact of COVID-19 on remote working and online learning: the EdTech industry has plenty to give in the years to come. So, teaming up with one of the best EdTech companies in the world can be a game-changer for your organization.
Let's explore which growing educational technology companies made our watch list and how they can benefit your business going forward.
Watch List: The Best EdTech Companies In 2024 Ranked
If your company is listed among the Best EdTech Companies of 2024, feel free to add this badge to your website!
iSpring is an innovative company dedicated to revolutionizing corporate training. From a powerful authoring toolkit to a robust LMS, the company is all about enabling businesses to unleash the full potential of online training. As one of the best EdTech companies, iSpring helps you streamline your training!
Test-drive iSpring Learn LMS and its authoring toolkit free of charge.
To learn more, read iSpring Learn reviews in our directory.
Highlights
- Comprehensive eLearning Ecosystem
- Innovative Ever-Evolving Software
- Live 24/7 Customer Support
Highlights
- Comprehensive eLearning Ecosystem
iSpring provides all the necessary tools for creating and delivering effective online training. No additional software is needed.
- Innovative Ever-Evolving Software
It's great to see they want to stay one step ahead of the game. The company updates its products constantly. You'll get new features based on user requests frequently.
- Live 24/7 Customer Support
iSpring's highly trained support geeks are ready to help at any time. No bots, scripts, or automated replies—always live support via phone, email, and chat.
Plans And Pricing
iSpring Learn LMS costs from $2.87/learner per year. The price for the iSpring Suite authoring toolkit starts at $770/user per year.
Move the classroom online, promote different learning styles, and cater to all users. Admins, instructors, and students will enjoy the easy-to-use interface so they can get to grips with learning, not battling a clunky platform. Robust and built to last. Do you want to qualify your students on quality EdTech that won't quit on you?
For more info, go ahead and explore TalentLMS reviews.
Highlights
- Manage Without The Mess
- Guide Learning
- Blend The Classroom
Highlights
- Manage Without The Mess
Don't sweat the details. Import users in bulk, mass-assign courses, and even divide different departments into separate branches to free yourself to focus on helping your students.
- Guide Learning
Define progression in terms of both instructors and learners. Specify learning paths and plot the educational journey from beginner to qualified with milestones that make perfect sense.
- Blend The Classroom
Offer both sync and async training online. Give your students the freedom to progress at their own pace, and then connect them with tutors when courses need vital instruction.
Plans And Pricing
Start free (no credit card needed), test the platform forever, and scale when you're ready. Published pricing means you can make an educated choice on what plan meets your needs, pressure-free from pushy sales reps. And you can cancel anytime; no binding subscriptions.
ELB Learning helps businesses distribute more immersive and impactful learning. And with Rockstar Learning Platform, you can do precisely that. Apart from the learning platform, their team creates and delivers turnkey and custom learning solutions, gamification, VR, video practice, staff augmentation, and courseware.
Visit their website or give them a call to learn how they can help you upskill and reskill workers.
For Rockstar Learning Platform reviews, feel free to visit our directory.
Highlights
- Learning Platforms
- Authoring Tools
- Custom Solutions And Strategy
Highlights
- Learning Platforms
LMS/LXP options that fit your budget and needs. Rockstar Learning Platform delivers agile, peer-based learning. CourseMill offers robust reporting and GDPR compliance.
- Authoring Tools
Create interactive eLearning, VR-based training, and mobile-friendly games with ELB Learning's easy-to-use tools.
- Custom Solutions And Strategy
ELB Learning helps you identify the right learning strategy and can create custom solutions tailored to your needs.
Plans And Pricing
ELB Learning specializes in helping businesses like yours elevate corporate learning experiences. Leverage their comprehensive suite of products and services, like 80% of Fortune 100 companies do, to start distributing more immersive and impactful learning for your workforce. For detailed pricing options, please visit their website.
A cutting-edge, cost-effective eLearning platform revolutionizing learning with bite-sized microlearning courses and fostering community-driven collaboration through its varied features. Are you ready to explore the ease of creating and hosting courses with limitless knowledge?
Discover the future of learning with KREDO. Start your learning journey now.
If you want to learn more, check out the submitted KREDO reviews in our directory.
Highlights
- Microlearning
- Effortless Authoring
- Seamless Integration
Highlights
- Microlearning
KREDO revolutionizes learning with micromodules, breaking content into bite-sized chunks for focused engagement, knowledge retention, and unparalleled flexibility.
- Effortless Authoring
KREDO empowers novice authors with intuitive course design, akin to working on PowerPoint, fostering creativity and collaboration through social learning and discussion forums.
- Seamless Integration
KREDO seamlessly integrates with your in-house systems, offering robust APIs for deep data analysis, powerful assessment and gamification tools, memory boosters, and customizable reporting.
Plans And Pricing
KREDO is an ideal LMS. You get a cost-effective learning platform and microlearning solutions to foster engagement and knowledge retention. It empowers authors and integrates seamlessly with existing tools. At the same time, you can use it to promote professional growth for individuals and teams.
What Criteria Determined Which EdTech Companies Made The Watch List?
Globally recognized LMS experts, including C. Pappas and our Editorial team, did a thorough review of each vendor's eligibility and relevant published content (articles, eBooks, webinars). Our committee ranked the best EdTech companies based on the following nine criteria:
- Customer support
- Customer experience
- Software features
- Software innovation
- Customer reviews
- Economic growth potential
- Company's customer retention
- Employee turnover
- Company's social responsibility
After exploring who made our best EdTech companies watch list, there are some things you need to consider before making your final decision. Let's see what you should focus on.
Next Steps After Checking Out eLearning Industry's Top EdTech Companies
The burden of the pandemic made corporate organizations and educational institutions understand that EdTech is key if you want to provide opportunities for remote learning. Not only can EdTech potentially alleviate stress for trainers, managers, and teachers, but it can also provide the ability to create individualized lesson plans and learning paths. That's the way to go if you want to encourage learner engagement and make collaboration easier. The largest EdTech companies in the world have the means to help you achieve your goals.
EdTech includes many solutions, like:
- Learning Management Systems
- Training platforms
- Knowledge databases
- Methods of collaboration
- Social tools
- Media
That alone makes it hard to choose the right method or tool. For some, it's Zoom classes and virtual learning classrooms, while for others, it's more important to have resources like education apps, videos, etc. Thus, choosing the right EdTech partner is not easy. There are a few things you should consider before you choose your EdTech partner.
Here are some major questions to ask yourself.
Does The Company Understand Your Goals?
The EdTech partner you choose should be able to grasp what you're trying to accomplish. Understanding your vision and goals involves honest conversations. So, make sure the vendor is known for having ethos and integrity as a core value. That's key if you want to have a collaborative, long-lasting partnership.
Is It A Reputable Company In The Industry?
You wouldn't want to do business with someone no one has worked with, right? Especially if it's a new project you care a lot about and want it to succeed. When considering an EdTech partner, ask peers if they know this company. Most importantly, find out if they respect it. If someone you know has worked with them, even better. Go ahead and explore online reviews and awards won to understand if they have a good service that guarantees overall success. Even if you partner with an EdTech startup company, there must be a trail of use cases and success stories. The company's track record will tell you more than a call with their reps.
Does It Have Top-Notch Experts Who Follow The Latest Trends?
EdTech is only good when used wisely and with a deep understanding of tools and best practices. So, find out if your prospective EdTech partner keeps their staff on their toes with continuous learning and development. Make sure to understand if this company uses new technology and offers skills training to its employees. The biggest EdTech companies in the world are set on continuous improvement.
Will It Have Your Back?
Good customer service means that before and after implementation, you'll have your questions answered and some help along the way. So, the chosen vendor must care for you even after the sale. Finding an EdTech company that works hand-in-hand with you is essential in order to be successful. When choosing an EdTech platform, you must ensure which vendor suits your learning solution requirements. Reducing workload and saving money is vital. However, having your learners at the forefront is of utmost importance. A user-friendly tool sometimes beats all the rest.
Offering training and learning remotely isn't a walk in the park. Thankfully, now you know what to look for to choose an organized and user-friendly platform that gets the job done.