Digital Education Market

Global Digital Education Market: Key Growth Drivers and Leading Companies

MarketsandMarkets expects the global Digital Education Market to grow from USD 11.5 billion in 2021 to USD 46.7 billion by 2026, with a Compound Annual Growth Rate (CAGR) of 32.3% during the projected period. Increased internet penetration; lower infrastructure costs and increased scalability through online learning; better efficiency, convenience, and flexibility; and rising demand for microlearning are all significant factors driving the growth of the Digital Education market.

The global digital education market is thriving due to a confluence of several key growth drivers:

  • Rising Internet and Smartphone Penetration
  • Accessibility and Affordability
  • Government Initiatives
  • Demand for Flexibility and Convenience
  • Personalized Learning
  • Rise of Advanced Technologies
  • Focus on Microlearning
  • Growing Demand for Soft Skills

To know about the assumptions considered for the study download the pdf brochure

  • Rising Internet and Smartphone Penetration: More people around the world are gaining access to reliable internet and smartphones, making online learning platforms and educational content readily available.
  • Accessibility and Affordability: Digital education can be cheaper than traditional education, especially for geographically distant learners or those seeking specific skill development.
  • Government Initiatives: Many governments are supporting the adoption of digital learning tools and resources, recognizing the potential to improve access to quality education.
  • Demand for Flexibility and Convenience: Learners today value the flexibility and convenience of digital education, allowing them to study at their own pace and schedule.
  • Personalized Learning: Digital tools can personalize the learning experience for each student, catering to their individual strengths and weaknesses.
  • Rise of Advanced Technologies: Technologies like Artificial Intelligence (AI) and Big Data are being used to create more effective and engaging learning experiences.
  • Focus on Microlearning: Bite-sized learning modules cater to busy schedules and attention spans, making skill development and keeping up with trends easier.
  • Growing Demand for Soft Skills: The job market demands go beyond technical expertise. Digital education is addressing this by emphasizing the development of soft skills like communication, critical thinking, and collaboration.

These drivers are propelling the digital education market forward, making it a key player in the evolving educational landscape.

Digital Education Market Share - Global Industry Landscape

Some of the leading companies in the digital education industry include:

  • Pluralsight (US)
  • Udemy (US)
  • Udacity (US)
  • Edureka (India)
  • Alison (Ireland)

Pluralsight (US)

Market Share: Pluralsight is a leading technology workforce development company, known for its comprehensive library of courses primarily focused on software development, IT, and creative skills. It is a significant player in the B2B space, providing training solutions to enterprises.

Key Offerings:

  • Courses: Focus on technology and creative skills, including software development, IT operations, data science, and security.
  • Skill IQ: A tool to assess and measure skill proficiency.
  • Role IQ: Provides skill assessments based on job roles.
  • Certification Prep: Courses designed to help users prepare for various industry certifications.
  • Labs and Projects: Hands-on labs and real-world projects to enhance practical skills.
  • Enterprise Solutions: Custom training solutions for organizations.

Udemy (US)

Market Share: Udemy is one of the largest online learning platforms globally, offering a vast array of courses in diverse subjects. It caters to both individual learners and businesses.

Key Offerings:

  • Courses: Over 155,000 courses covering various topics such as business, technology, personal development, and creative skills.
  • Udemy for Business: A curated collection of business-related courses offered to enterprises.
  • Lifetime Access: Once purchased, learners have lifetime access to course content.
  • Certification: Many courses provide a certificate of completion.
  • Instructors: Platform for individual instructors to create and sell their courses.

Udacity (US)

Market Share: Udacity specializes in providing "nanodegrees" and focuses heavily on technology and vocational training. It partners with industry leaders to create job-ready courses.

Key Offerings:

  • Nanodegree Programs: Intensive, project-based programs in areas such as programming, data science, artificial intelligence, cloud computing, and autonomous systems.
  • Real-World Projects: Hands-on projects reviewed by industry experts.
  • Mentorship: Personalized mentorship and career services.
  • Partnerships: Collaboration with companies like Google, IBM, and Amazon for course content.
  • Enterprise Solutions: Training programs for businesses to upskill their workforce.

Edureka (India)

Market Share: Edureka is a prominent player in the Indian online education market, focusing on technology and professional certification courses.

Key Offerings:

  • Courses: Offers live, instructor-led online courses in areas such as big data, cloud computing, blockchain, AI, and machine learning.
  • Certification: Provides training for various professional certifications.
  • 24/7 Support: Round-the-clock support for learners.
  • Corporate Training: Customized training solutions for organizations.
  • Lifetime Access: Lifetime access to course materials.

Alison (Ireland)

Market Share: Alison is one of the world's largest free learning platforms, providing a wide range of courses aimed at improving workplace skills.

Key Offerings:

  • Free Courses: A broad selection of free courses in various fields including IT, business, health, and personal development.
  • Certification: Free courses with optional paid certificates and diplomas.
  • Learning Paths: Structured learning paths to guide learners through a sequence of related courses.
  • Skills and Competency-Based Learning: Focus on developing specific skills and competencies.

Related Reports:

Digital Education Market with COVID-19 Impact by End User (Academic Institutions and Enterprise and Public Sector), Learning Type (Self-paced Online Education and Instructor-led Online Education), Course Type and Region - Global Forecast to 2026

Digital Education Market Size,  Share & Growth Report
Report Code
TC 7649
RI Published ON
Choose License Type

This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.

  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status