Global Digital Education Market is valued at USD 11.96 Billion in 2021 and is expected to reach USD 77.3 Billion by 2028 with a CAGR of 30.5% over the forecast period.
Global Digital Education Market: Global Size, Trends, Competitive, And Historical & Forecast Analysis, 2022-2028: Reduced infrastructure cost, increased internet penetration, and high scalability using online learning are some of the major factors driving the growth of the Global Digital Education Market.
Digital education is described as a creative approach of employing digital tools and technology, which is carried out throughout the full process of teaching & learning and is especially known as digital learning or Technology Enhanced Learning (TEL). Digital education covers two important features termed blended and virtual learning. Blended learning may be characterized as a mix of online educational resources and possibilities with conventional brick-and-mortar institutions, which involve the physical presence of both instructor and student. However, the typical face-to-face classroom activities are carried out in the context of computer-mediated actions relating to content and delivery.
Digital education is the inventive application of current technologies and digital tools to support the growth of learning and teaching. It is also referred as digital learning, technology-enhanced learning (TEL), or e-learning. Digital learning is the way forward to obtaining education via the means of technology and digital technologies.
The pandemic led to the temporary shutdown of schools and other educational institutions across the globe. Globally, about 1.2 billion children in 190 economies have been impacted by school closures owing to the epidemic. With this abrupt movement from the classroom in many regions of the world, the increased use of online learning is expected to continue to exist post-pandemic. Such a transformation has substantially influenced the entire digital education business. Learners in lockdown are seeing online learning as one of the effective ways to spend their time. Despite the shutdown, educational institutions attempted to employ technology and provided online courses as a replacement for on-premises classes to assure the continuation of education. Due to the COVID-19 pandemic, firms have a new influx of workers entering the organization digitally who need to be taught using online learning models across the public and private sectors. Public sector firms have typically embraced offline learning techniques. Thus, owing to the worldwide lockdowns, all such firms are switching to online learning techniques for the training and development of workers.
The global Digital Education market is segmented based on the course type, learning type, end-user, and region & country level. Based on course type, the global digital education market is segmented into science, technology, engineering, and mathematics (STEM), business management, and others. By learning type, the market is segmented into self-paced and instructor-led. By end-user, the global digital education market is segmented into academic institutions & individuals and enterprises.
The regions covered in the global Digital Education market report are North America, Europe, Asia-Pacific, Latin America, and the rest of the World. Based on country level, the market of global Digital Education is sub divided into U.S., Mexico, Canada, U.K., France, Germany, China, Italy, India, Japan, Southeast Asia, Middle East Asia (Saudi Arabia, UAE, Egypt) GCC, Africa, etc.
Some major key players for the global Digital Education market report cover prominent players like
Dixie State University has chosen Pluralsight to help all students, faculty, and staff develop their technology skills
On March 1st, 2022; Pluralsight, a digital workforce development business, announced that Dixie State University (DSU), eventually to Utah Tech University, has chosen Pluralsight as its strategic partner to enable university students to supplement their education with technology-based abilities to boost their future and career, regardless of the field of study.
Coursera expands clips offering to nearly 200k lessons and short videos to accelerate employee skills development
On September 29th, 2022; The growth of Clips, which now gives employees access to approximately 200,000 brief videos and tutorials aimed at helping them start learning high-demand skills in under 10 minutes, was announced by Coursera, Inc.
In the Asia-Pacific Region, Udemy Business Announces Expansions and New Clientele
On June 8th, 2022; Udemy, a premier destination for teaching and learning online, recently highlighted Udemy Business’ expansion in the Asia-Pacific area. Udemy Business has grown its worldwide footprint with a number of business clients across geographies and delivered 8,000 foreign courses in 13 local languages. Many classes are provided by real-world professionals in their original language, reducing the need for subtitles or dubbing, and as a result, localizing and enriching the engagement for both learners and teachers.
The conventional education system has various time and location restrictions that greatly limit the scalability of the traditional schooling system. Online education, however, has essentially infinite scalability as online information can be digitally copied. Online education also requires substantially cheaper infrastructure as compared to the conventional education system. Internet and cloud resources are necessary for developing online courses. These materials may be accessed simply and typically cost less than constructing a traditional teaching atmosphere. Online learning removes the cost points of student meals, student transport, and, most crucially, real estate. Additionally, all the class or study materials are available online, thereby providing a digital learning environment that is cheaper while also being helpful to the environment.
Adaptive learning is an educational method that adapts information based on the student's performance. The adaptive learning system takes uses AI to alter the material. AI aids online education companies to give more tailored courses to students. Adaptive learning gives a more tailored learning experience to pupils. Students enrolling for online classes have varied backgrounds, different levels of competency in the topic, and varying levels of aptitude. In the conventional approach, it is challenging to match the speed of the course with each student; however, with the aid of adaptive learning, online course providers may offer information that is more suitable for students. Adaptive learning provides a big possibility for digital education suppliers in the approaching years.
The growth is largely driven by the rising prevalence of smartphones, the rise in internet penetration around the globe, engaging teaching methods, the availability to global information, and educators' important elements driving the market growth. The major qualities of digital education for professionals and students include individualized learning, effective self-directed learning abilities, enhance critical thinking skills, self-motivated, and extended learning options.
However, some obstacles connected with digital education are lack of social connection, restricted accessibility to the internet, cheating is inescapable, self-motivation, and good time management skills, and focusing mostly on theory. Students spend the majority of their time looking at PowerPoint presentations, listening to podcasts, and watching videos. This causes a shortage of opportunities for instructors to perform experiments. This new form of schooling involves simply smart gadgets and a reliable internet connection. For instance, in India, the present Covid-19 pandemic has caused three significant concerns with the overall digital education programs, including rising inequality in society, the informational issues leading to poor quality education, and the unjustifiable push on digital education, after COVID-19.
Geographically, North America is predicted to lead the global Digital Education market over the forecast period due to the growing demand in active learning as well as interactive response in the educational standards, the North American region has obtained the top position in the worldwide market. It may be largely due to the presence of prominent players and the accessibility of superior educational technologies. While, on the other hand, with the increasing use of digital classroom-enabled learning in Asia-Pacific countries such as China and India coupled with favorable public programs supporting the education system, Asia-Pacific smart class market is predicted to experience the highest growth over the next few years. A large surge in the number of smartphone learning applications has also been noted in the region.
The Asia Pacific market is predicted to achieve the greatest CAGR throughout the forecast period. Emerging nations in the Asia Pacific show tremendous potential for the broad adoption of digital education due to the massive smartphone ownership. This is one of the major elements projected to enhance the need for digital education in this area in the near future.
Middle East and Africa
|2018 - 2021
|2021 - 2028
|Market Size in 2021:
|USD 11.96 Billion
|Base year considered
|Forecast Period CAGR %:
|Market Size Expected in 2028:
|USD 77.3 Billion
|Tables, Charts & Figures:
|Udemy, Pluralsight, Edureka, Udacity, LinkedIn Learning, Alison, iversity, Jigsaw Academy, Intellipaat, Miriadax, NovoEd, Edmodo, Linkstreet Learning, XuetangX, Kadenze, Khan Academy, My Mooc, Federica Web Learning, Skillshare, Treehouse, CXL, CreativeLive, BYJU’S, GO1, Platzi, DataCamp, and Thinkful.
By Digital Education, By Course Type, By Learning Tools, By Techniques, By Technology, By End-User
|North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, Africa, Rest of the Middle East and Africa
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