$11.5 Billion Global Digital Education Market to 2026: Rising Demand for Game-Based Learning Presents Opportunities – ResearchAndMarkets.com

the “Digital Education Market with COVID-19 Impact by End User (Academic Institutions and Enterprises and Public Sector), Learning Type (Self-Paced Online Instruction and Instructor-Led Online Instruction), Course Type and Region – Global Forecast to 2026″ report has been added to from ResearchAndMarkets.com offer.

The size of the global digital education market will grow from USD 11.5 billion in 2021 to USD 46.7 billion by 2026, at a compound annual growth rate (CAGR) of 32.3% during the period forecast. One of the key points of digital learning is that it is much more affordable than traditional learning. With digital learning, learners only have to pay for college credits, which saves a lot of money. Online learning eliminates the cost points of student transportation, student meals, and most importantly, real estate. Additionally, all course or study materials are available online, creating a more affordable paperless learning environment while also benefiting the environment.

By end-user, academic institutions segment is expected to grow at the highest CAGR during the forecast period

By end-user, the academic institutions segment is expected to grow at a higher growth rate during the forecast period. Educational institutions can greatly improve the effectiveness of their courses by providing their students with online training. These solutions save time for administrators, teachers and students with virtual classrooms. Additionally, digital education solutions allow educational institutions to access live and recorded lectures, making the learning process more efficient for students, faculty members, and staff.

By type of learning, self-paced online education segment will hold the largest market size during the forecast period

The self-paced online education segment is expected to hold a larger market size. Self-paced online courses do not require instructors and students to be available at the same time for the duration of the course. Instructors can record videos or provide content from which students can learn without instructor intervention.

By course type, science and technology courses segment is expected to grow at the highest CAGR during the forecast period

The science and technology courses segment is expected to grow at the highest CAGR during the forecast period. The growing adoption of IoT in various businesses requires a skilled workforce to manage data through a variety of computer tools, techniques, and languages. Companies have started to rely on digital education platforms to improve the skills of their workforce.

The following leading digital education providers are featured in the report:

  • Coursera (USA)

  • edX (US)

  • Pluralsight (USA)

  • Udemy (US)

  • Udacity (USA)

  • Edureka (India)

  • Alison (Ireland)

  • LinkedIn Learning (US)

  • Jigsaw Academy (India)

  • University (Germany)

  • Miriadax (Spain)

  • Intellipaat (India)

  • Edmodo (UK)

  • Novo Ed (USA)

  • XuetangX (China)

  • Linkstreet Learning (India)

  • Khan Academy (USA)

  • Kadenze (USA)

  • Federica Web Learning (Italy)

  • My Mooc (France)

  • Treehouse (USA)

  • Skills sharing (United States)

  • CreativeLive (US)

  • CXL (USA)

  • GO1 (Australia)

  • BYJU’S (India)

  • Data Camp (USA)

  • Platzi (USA)

  • Thoughtful (US)

Market dynamics

Drivers

  • Increasing Internet Penetration to Drive Global Market Demand

  • Reduced infrastructure cost and increased scalability through e-learning

  • Increased efficiency, more convenience and more flexibility

  • Growing demand for micro-learning

Constraints

  • Lack of face-to-face interaction and direct supervision

  • Technical issues, limited apps and more screen time to restrict adoption of digital learning

Opportunities

  • Growing demand for game-based learning

  • Growing inclination towards adopting adaptive learning

Challenges

  • Unreliable infrastructure in developing countries

  • Online learning requires additional training for instructors

Case study analysis

  • Case Study 1: Adobe has partnered with Coursera to provide engineers with training in artificial intelligence and machine learning

  • Case Study 2: NTT Data leveraged Udemy Business to improve the technical and professional knowledge of its employees

  • Case Study 3: The Lego Group Leverage Linkedin Learning for Business

  • Case Study 4: Teamhealth partnered with Pluralsight to develop its first-ever innovation lab with Pluralsight skills

For more information on this report, visit https://www.researchandmarkets.com/r/mmyd0l