Matthew Lynch, Tech Edvocate
Whether you choose to look at size or money, China comes out tops every time in terms of edtech. In 2018, Chinese startups received over 50% of all the capital invested by venture capitalists in edtech worldwide. Chinese edtech companies received more money than the total amount invested in edtech firms from all other countries combined, according to a study by HolonIQ. Education is a $6 trillion industry and is expected to grow to $8 trillion by 2015, according to HolonIQ. However, education is receiving a relatively small portion of global investments when one looks at all sectors. Global investment in all sectors is worth $90 trillion while the education sector is worth only $150 billion.
https://www.thetechedvocate.org/why-is-china-the-worlds-leader-in-edtech/
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