Digital Education Market is Expected to Grow at the Rate of 33.28% CAGR by 2026 | Valuates Reports
BANGALORE, India, Aug. 30, 2022 /PRNewswire/ -- The Global Digital Education Market Report is Segmented by Tye (Instructor-Led Online Education, Self-Paced Online Education), by Course Type (Entrepreneurship & Business Management Courses, Science & Technology Courses, Others): Global Opportunity Analysis and Industry Forecast, 2021-2026. This report is published on Valuates Reports in the Education Category.
The Digital Education Market size is expected to grow at the rate of 33.28% CAGR by 2026.
Major Factors Driving the Growth of the Digital Education Market
The growing shift towards instructor-led online education in educational institutions will fuel the growth of the market during the forecast period.
Digital education is cost-effective, promotes self-directed learning, is easier to access, and the gamified process improves retention rates. Such benefits are driving the adoption of online learning in corporates and academic institutes which will fuel the growth of the market.
Get Your Sample Today: https://reports.valuates.com/request/sample/INFO-Othe-4I48/Digital_Education_Market
TRENDS INFLUENCING THE GROWTH OF THE GLOBAL DIGITAL EDUCATION MARKET
The instructor-led online training is preferred by students as it provides real-time doubt clarification and two-way interactions. The on-the-spot individual instructor support helps learners to gain a better understanding of their weaknesses and tough subject areas. Moreover, tutors are able to curate the study material as per the class's needs. Blended learning has become popular as it combines the benefits of time, convenience, and support of in-person teaching. This will fuel the growth of the digital education market. Students and teachers are able to access the content and enhance knowledge through recorded videos, lectures, documents, and other resources.
Online education provides personalized learning in terms of pace, content, and delivery. The course material is customized as per individual learning ways through written, visual and spoken information. Moreover, employees are able to decide their schedule, and mode of learning and can log in to the training at any time of the day. This ensures flexibility as workers can adjust the speed of the content, rewind, replay, and forward segments based on their understanding. This will drive the expansion of the digital education market. Virtual learning is also more cost-effective than in-person training or classroom-based teaching.
Technology has enabled the integration of gamification to deliver engaging learning experiences to users. The easy-to-use digital tools incorporated into the course design motivate students through rewards and real-time feedback. This will drive the demand for the digital education market. Techniques like contests, point systems, role-playing games, and quizzes improve retention rates drastically.
Virtual education enhances students' capabilities to take ownership of their learning. A digital platform is ideal for each individual student's learning journey. Anyone can access their course schedules and get personalized recommendations. This helps learners to strategize and plan their course of action accordingly. This will bolster the growth of the digital education market. This improves the research skills of students.
Online learning is easy to access and is suitable for everyone. Students living in remote areas can study easily. Additionally, employees with extra responsibilities like work and other duties can fit studying into their busy work schedules. Students and tutors can connect seamlessly through digital education irrespective of their location. This will surge the growth of the digital education market in the forthcoming years. The levels of interactivity and collaboration are high with discussion forums, tutorials, online communities, and real-time feedback. The materials provide all the necessary content in one place with instant access.
Digital assessment is smooth as tutors are able to precisely pinpoint feedback to a specific part of an assignment. This can either be text-based or time-stamped on video submissions. The work is automatically recorded and stored for future use. The test results are analyzed accurately through visual charts and graphs. Real-time monitoring of each student's progress is possible through added tags that enable learners to go straight to the topics that they need to revisit.
Browse The Table Of Contents And List Of Figures At: https://reports.valuates.com/market-reports/INFO-Othe-4I48/digital-education
DIGITAL EDUCATION MARKET SHARE ANALYSIS
Based on course type, the science and technology segment will witness significant growth as the topics covered are broad such as health, medicine, physics, chemistry, and computer science. The rising adoption of IoT and demand for technical skills in the job market are fueling the growth of the segment. Data handling has become important through a variety of tools, techniques, and computer programming languages.
Based on learning type, instructor-led online education will grow the highest due to rising benefits offered to students in the form of quick doubt clarification and two-way interactions. The instructor directly gives instructions to students.
Based on end-user, individual learners, and academic institutions will dominate the digital education market share due to rising adoption by educational institutions. Virtual education improves learning outcomes and saves time for teachers, administrators, and students. The learning process becomes more efficient.
Based on region, North America will provide immense growth opportunities due to rising collaboration between government and digital platform vendors for introducing virtual learning systems. The need for improving the skills of employees and the technical knowledge of students is encouraging related stakeholders to deploy digital education services.
Get Regional Data: https://reports.valuates.com/request/regional/INFO-Othe-4I48/Digital_Education_Market
Key Companies:
- Coursera
- edX
- Pluralsight
- Edureka
- Alison
- Udacity
- Udemy
- Miríadax
- Jigsaw Academy
- iversity
- Intellipaat
- Edmodo
- FutureLearn
- NovoEd
- XuetangX
- Federica EU
- Linkstreet Learning
- Khan Academy
- Kadenze
Inquire for Chapter Cost: https://reports.valuates.com/request/chaptercost/INFO-Othe-4I48/Digital_Education_Market
Buy Now for Single User + Covid-19 Impact: https://reports.valuates.com/api/directpaytoken?rcode=INFO-Othe-4I48&lic=single-user
SUBSCRIPTION
We have introduced a tailor-made subscription for our customers. Please leave a note in the Comment Section to know about our subscription plans.
SIMILAR REPORTS:
- Due to the COVID-19 pandemic, the global Self-Paced E-Learning market size is estimated to be worth USD 6830.8 Million in 2021 and is forecast to a readjusted size of USD 6830.8 Million by 2028 with a CAGR of 8.2% during the review period.
- The global K12 Tutoring market size is projected to reach USD 3619.8 Million by 2028, from USD 1052.5 Million in 2021, at a CAGR of 19.0% during 2022-2028.
- The global K-12 International Schools market size is projected to reach USD 13560 Million by 2028, from USD 7608.1 Million in 2021, at a CAGR of 8.5% during 2022-2028.
- The global Digital Educational Publishing market size is projected to reach USD 14580 Million by 2028, from USD 8324.5 Million in 2021, at a CAGR of 7.9% during 2022-2028.
- Global Digital Instructor-Led Online Education Market Insights, Forecast to 2028
- Global E school Market Size Status and Forecast 2021 2027
- Global K12 Coding Courses Market Research Report 2022
- The global K12 Education Learning Management market size is projected to reach USD 3691.6 Million by 2028, from USD 1052.5 Million in 2021, at a CAGR of 19.4% during 2022-2028.
- Global K12 Art Course Market Research Report 2022
- Global K-12 Assessment Market Insights, Forecast to 2028
- Global Cloud Computing in K-12 Market Insights, Forecast to 2028
- Global K-12 Instruction Material Market Insights and Forecast to 2028
- The global back-to-school market size was valued at USD 66.1 Billion in 2020 and is projected to reach USD 131.1 Billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
- The global K12 Education Learning Management market size is projected to reach USD 3691.6 Million by 2028, from USD 1052.5 Million in 2021, at a CAGR of 19.4% during 2022-2028.
- The global Corporate E-Learning market size was value at USD 22.5 Billion in 2021 and is forecast to reach size of USD 44.6 Billion by 2028 with a CAGR of 10.5% during the forecast period 2022-2028.
- The global Online K-12 Education market size is projected to reach USD 12930 Million by 2028, from USD 7984 Million in 2021, at a CAGR of 8.3% during 2022-2028.
- The global K12 Education Technology market size is projected to reach USD 56490 Million by 2026, from USD 11850 Million in 2019, at a CAGR of 25.0% during 2021-2026.
- The global E-Learning VR Market size is projected to reach USD 300.3 Million by 2028, from USD 65 Million in 2021, at a CAGR of 23.8% during 2022-2028.
- The global corporate learning management system (LMS) market size is projected to reach USD 9296 Million by 2026, from USD 2136.9 million in 2019, at a CAGR of 22.8% during 2021-2027.
- The global Learning Analytics market size is projected to reach USD 9611.6 Million by 2027, from USD 2483.7 Million in 2020, at a CAGR of 20.8% during 2021-2027.
- The global learning management system market size was valued at USD 1.2 Billion in 2020 and is projected to hit USD 3.6 Billion by 2027, at a CAGR of 20.76% from 2020 to 2027.
- The global Mobile Learning market size is projected to reach USD 76520 Million by 2028, from USD 20020 Million in 2021, at a CAGR of 20.6% during 2022-2028.
- The global K-12 Software market size is projected to reach USD 3619.8 Million by 2028, from USD 1052.5 Million in 2021, at a CAGR of 19.0% during 2022-2028.
- The global Social and Emotional Learning (SEL) Market size is projected to reach USD 5919.5 Million by 2028, from USD 1735.3 Million in 2021, at a CAGR of 18.8% during 2022-2028.
- The global Online Language Learning market size is projected to reach USD 31250 Million by 2027, from USD 9667 Million in 2020, at a CAGR of 18.1% during 2021-2027.
- The global Game-based Learning market size is projected to reach USD 18120 Million by 2028, from USD 5715.2 Million in 2021, at a CAGR of 17.3% during 2022-2028.
- The Global Digital Badges Market was valued at USD 118.9 million in 2021 which is expected to reach 365.1 million by 2028 at a CAGR of 17.1% from 2022-2028.
- The global EdTech market size was valued at USD 85 Billion in 2021, it is expected to reach over 230 Billion U.S. dollars by 2028, growing at a CAGR of 15% during 2022-2028.
- The global Education Technology and Smart Classroom market size is projected to reach USD 239900 Million by 2028, from USD 92870 Million in 2021, at a CAGR of 14.3% during 2022-2028.
- The global Smart Education and Learning market size is projected to reach USD 730500 Million by 2027, from USD 281680 Million in 2020, at a CAGR of 14.1% during 2021-2027.
- The global Smart Education market size is projected to reach USD 61.7 Billion by 2027, from USD 24.8 Billion in 2020, at a CAGR of 13.9% during 2021-2027.
- The global Education Software market size is projected to reach USD 6735.9 Million by 2026, from USD 3244.4 Million in 2019, at a CAGR of 11.0% during 2021-2026.
- The 2021 global e-learning market revenue is about USD 15,000 Million. The expected CAGR of 2021-2028 is 6.5%.
- The global Virtual Classroom market size is projected to reach USD 16020 Million by 2027, from USD 8602.8 Million in 2020, at a CAGR of 9.2% during 2021-2027.
- The global Education ERP market size is projected to reach USD 15470 Million by 2027, from USD 8397.9 Million in 2020, at a CAGR of 9.0% during 2021-2027.
- In 2021, the global Private Tutoring market size will be USD 236 Million and it is expected to reach USD 391.5 Million by the end of 2027, with a CAGR of 8.8% during 2021-2027.
- The medical education market size was valued at USD 74.5 Billion in 2020 and is projected to reach USD 122.8 Billion by 2027 at a CAGR 7.60%.
- The global interactive whiteboard (IWB) market size was valued at USD 4.29 Billion in 2020, and is projected to reach USD 7.35 Billion by 2030 to register a CAGR of 6.0% from 2021 to 2030.
- The global School and Campus Security market size is projected to reach USD 2940.3 Million by 2027, from USD 1389.8 Million in 2020, at a CAGR of 11.2% during 2021-2027.
- Global Academic E-Learning Market Size, Status and Forecast 2022
- Global Blended E-learning Market Size, Status and Forecast 2021-2027
- Global K-12 School Management System Market Insights, Forecast to 2028
- Global School Resource Management Software Market Insights, Forecast to 2028
- Global K12 Online Tutoring Market Size, Status and Forecast 2021-2027
Click here to see related reports on Digital Education Market
ABOUT US:
Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.
Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.
To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.
CONTACT US:
Valuates Reports
sales@valuates.com
For U.S. Toll-Free Call 1-(315)-215-3225
For IST Call +91-8040957137
WhatsApp: +91-9945648335
Website: https://reports.valuates.com
Twitter - https://twitter.com/valuatesreports
LinkedIn - https://in.linkedin.com/company/valuatesreports
Logo: https://mma.prnewswire.com/media/1082232/Valuates_Reports_Logo.jpg
Share this article