How TIME and Statista determined the world's top EdTech companies of 2024.
, a leading international provider of market and consumer data and rankings. The result of this quantitative study: 250 companies changing the field of educational technology. Here's how the winners were selected.The research project"World's Top EdTech Companies 2024" is a comprehensive analysis conducted to identify the top performing EdTech companies in the United States.
For the first dimension, financial strength, Statista analyzed revenue, employee, and funding data, obtained from publicly available sources like annual reports, company websites, through media monitoring, and via databases. Additionally, company disclosures submitted via an online application form, which was freely accessible via the TIME website, were considered.
In addition, Statista researched metrics such as web traffic and user numbers, to assess the relevance of the products and services to the respective target groups.
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