Digital Education Market

Digital Education Market worth $66.7 billion by 2028

According to a research report "Digital Education Market by Type (Self-paced Online Education and Instructor-led Online Education), Course Type, End User (Academic Institutions and Enterprises & Public Sector) and Region - Global Forecast to 2028" published by MarketsandMarkets, the global Digital Education Market size to grow from USD 19.4 billion in 2023 to USD 66.7 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 28.0% during the forecast period. The Digital Education Market is fuelled by rising demand for online learning. With the microlearning approach, digital education vendors can design courses which can be taken by learner at own pace and with the assistance of an instructor as well, not requiring to assign a large amount of dedicated time to a learning process. Instead, students from academic institutions can learn short lessons during past time or breaks. Microlearning is one of the best learning methods for enterprises that want to train their employees without losing significantly on the production end. Corporate employees who want to upskill themselves while continuing the job can also use this method to manage work and learning simultaneously. 

Browse 239 market data Tables and 47 Figures spread through 230 Pages and in-depth TOC on "Digital Education Market by Type (Self-paced Online Education and Instructor-led Online Education), Course Type, End User (Academic Institutions and Enterprises & Public Sector) and Region - Global Forecast to 2028"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/digital-education-market-7751828.html

By End Users, government and public sector segment to record significant growth during the forecast period

Enterprises are majorly adopting digital education as a part of their employee engagement and development programs. These companies implement digital education platforms for various purposes, such as training and development, professional certification, and professional courses, to develop their employee’s strategic thinking abilities and improve the company’s production and brand value. Digital education courses act as a cost-effective learning platform to enhance employees’ skills and enable organizations to track their employees’ progress. An organization can opt for tailor-made courses which accomplish the company’s objectives. Digital education also provides the necessary flexibility to train employees without compromising productivity. Online learning approaches, such as microlearning and nanodegrees, provide employees with the skills needed without consuming much of their time.

By Type, the Self-paced Online Education segment to exhibit significant growth during the forecast period

Between the Type, the Self-paced Online Education segment courses do not follow a set schedule. Hence, all the learning resources are readily available, allowing end users to absorb and retain information faster than in a classroom setting. Self-paced online courses do not require instructors and students to be available simultaneously during the entire course. Instructors can record videos or provide content that students can learn without the instructor’s involvement. Unlike self-paced digital education courses, instructor-led digital education courses follow a particular set of schedules with a specified time for the availability of learning resources. More and more educational institutes and companies are using self-paced online education to provide their students and employees with constant access to information. This also provides learners with complete control of their progress.

By region, North America to account for the highest market share during the forecast period

North America has an advanced communication infrastructure that helps digital education solution providers offer quality services to their clients. The need to upskill employees and students has prompted universities and educational organizations in the region to deploy digital education platforms and services. In the education sector, owing to the advanced technologies offered by several key vendors present in the region, students are more digitally connected and aware of eLearning and interactive course content. Even teachers and parents are sensing the need to shift from traditional teaching methodologies to modern and advanced teaching methods to improve the learning experience and educational technology. The region is also one of the earliest adopters of 5G technology, which has helped the early adoption of digital education solutions. Countries such as US and Canada are expected to be key revenue contributors in the North American digital education market. North America is home to most crucial market vendors, such as Coursera, edX, Udacity, and Udemy, in the digital education market.

Market Players

Major vendors in the Digital Education Market include Coursera (US), edX (US), Pluralsight (US), Udemy (US), Udacity (US), Edureka (India), Alison (Ireland), LinkedIn Learning (US), Jigsaw Academy (India), Iversity (Germany), Miriadax (Spain), Intellipaat (India), FutureLearn (UK), Edmodo (US), SWAYAM (India), Novoed (US), Xuetangx (China), Khan Academy (US), Kadenze (US), Federica Web Learning (Italy), My Mooc (France), Treehouse (US), Skillshare (US), CreativeLive (US), CXL (US), Go1 (Australia), Byju’s (India), Datacamp (US), Platzi (US), Thinkful (US).

Don’t miss out on business opportunities in Digital Education Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ’GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
[email protected]

Digital Education Market Size,  Share & Growth Report
Report Code
TC 7649
PR Published ON
5/3/2023
Choose License Type
BUY NOW
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Digital Education Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status
...

Digital Virtual Assistant - MarketsandMarkets

Home