Download Report: THE EDTECH OPPORTUNITY: Educational Technology as a Dynamic Growth Sector for Iowa
Education is a sector of the economy that is fundamental to the performance of all other sectors of the economy. It is also a sector that stands on its own as a distinct market—consuming products, technologies, content, and intellectual assets to enable its work. Increasingly, technology (especially digital technology) has become a key component of the education sector. The educational technology, or “EdTech,” market space has emerged as a large, fast-growing, and important domestic and global sector.
Iowa is home to a significant base of companies engaged in EdTech. This includes large corporations such as McGraw-Hill and ACT, together with midsized companies and a growing base of entrepreneurial EdTech business ventures. There are also notable, and complementary, assets in EdTech-related research and development (R&D) and talent development at Iowa State University, the University of Iowa, and the University of Northern Iowa.