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According to the latest research study, the report predicts the global Digital Education Market size & share to reach around USD 73.70 Billion by 2028 from USD 9.39 Billion in 2020. The global Digital Education Market is anticipated to register a significant CAGR of 30.0% by 2028.
Digital education is the imaginative usage of digital technologies and tools during learning and teaching and is frequently cited as Technology Enhanced Learning (TEL). They are inspecting digital technologies, offering educators the chance to design appealing learning. In the courses, they impart fully online or blended learning programs. The most important advantage for the student is to assist them in learning at the best pace. Knowing that is one-to-one is the best way of personalized learning.
In our working and personal lives, the importance of digital education is gaining a foothold. It helps in increasing approach to knowledge and education at the same time authorizing students with attitude and potential that establishes them in the success of their present and future. Only giving learners entry to devices does not by definition lead to recommended outcomes. Reflective combination and proactively acquiring a mindset that is digital is needed for digital learning to frankly intensify the total student experience.
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Digital education market: Growth leading factors
The demand for the digital education market is increasing notably as internet accessibility, and network access is being enhanced. Additionally, the growing acquisition of connected devices like tablets and smartphones is causing the market to expand. The heightening pattern of microlearning and decreasing infrastructure costs with escalating scalability is a catalyst administering an outlook that is optimistic on business development.
Educational organizations are now accepting digital education content contributions from industry vendors to tailor the content, which is agreeable with the conventional curriculum. Educational organizations use a creative cloud of Adobe Systems to structure libraries that are interactive. The growth is fuelled by a partnership between market vendors and educational institutions. The development of digital classrooms is because of technological advances and is anticipated to provide stellar opportunities in the upcoming years of businesses that already offer facilities in online learning.
The new normal of covid-19 has evolved as the teacher instructs the students from some miles with a narrow path of internet facilitating them to be connected so securely even from afar. The EdTech companies have been sustaining learning despite the lockdown of schools introducing new opportunities for delivering education at a scale. But the influence of technology on education stays a challenge.
Global Digital Education Market: Report Scope
Report Attribute
Details
Market Size 2020 Value
USD 9.39 Billion
Market Outlook for 2028
USD 73.70 Billion
Expected CAGR Growth
30.0 % from 2021 – 2028
Base year
2020
Forecast period
2021 – 2028
Segments covered
By Course, By Learning, By End-Use, By Region
Key Companies
Alison, Brain4ce Education Solutions, Coursera Inc., Edmodo, Edureka , edX Inc., FutureLearn, Intellipaat, Iversity, Jigsaw Academy, Kadenze , Khan Academy , LinkedIn, Linkstreet Learning, NovoEd, Pluralsight LLC, Udacity, Inc., Udemy, Inc, XuetangX
Regional scope
North America, Europe, Asia Pacific, Latin America, Middle East & Africa
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Global Digital Education Market: Key Segmentation
Insight by course, learning, end-use, and region
Based on the course, the market is divided into STEM, business management, and so on. The STEM section entails sub-disciplines in the field, and the demand for such graduates across various industries is high. Dependent on learning type, the segment is divided into self-paced and instructor-led. Self-paced learning refers to creating own schedule, including the slightest pressure in the course of live training, convenient for different learning patterns. The instructor-led segment relates to training that includes one or more instructors providing teachings through presentations, lectures, discussions, and demonstrations. Based on the end-user, the piece is divided into individuals, academic institutions, and enterprises. If digital education is adopted as one of the offerings, it gives it an edge. Enterprises must oblige all the progressing customer expectations and provide them with the best services.
North America dominated the market due to a speedy geographical and product expansion strategy to obtain an edge. The predominant growth driver for this region is a cooperation between network arenas and government and the corporate alliance between digital education vendors and research specialists. Further, the need to better the employee’s skillsets and the particulars related to technology in the students in the region are administering educational organizations and universities to deploy platforms and services related to digital education. Besides, the European market is anticipated to observe a growth pattern that is steady. Additionally, there is an increasing concentration on the network, infrastructure, and connectivity to better digital education in the European region. Asia Pacific market is also emerging as a dominant player. Due to mobile penetration, Asia Pacific holds a noteworthy possibility for extensive adoption of digital education.
Browse the full “Digital Education Market Share, Size, Trends, Industry Analysis Report, By Course (Science, Technology, Engineering, and Mathematics [STEM], Business Management, Others), By Learning (Self-Paced, Instructor-led), By End-Use (Academic Institutions & Individuals, Enterprises), By Region; Segment Forecast, 2021 – 2028” Report at https://www.polarismarketresearch.com/industry-analysis/digital-education-market
The market predominantly depends on the course, learning, end-use, and region
Digital education market: By course
Digital education market: By learning
Digital education market: By end-use
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