Status : Published | Published On : Apr, 2024 | Report Code : VRICT5178 | Industry : ICT & Media | Available Format : | Page : 210 |
The Global Digital Education Market is anticipated to grow from USD 18.9 billion in 2023 to USD 79.5 billion in 2030 at a CAGR of 27.6 % during the forecast period from 2025 to 2030.
Innovative incorporation of advanced technology and digital tools in the process of learning and teaching is known as digital education which is also known as e-learning or digital learning. Digital education is the way forward to seeking education through the means of technology and digital devices. The concept of digital learning very old and it gained importance in the COVID-19 pandemic where face-to-face teaching was restricted. Digital learning has made learning engaging, motivating, interactive and handy. Governments of many countries are also taking initiatives to boost the digital education market. The involvement of digital platforms, augmented reality, the virtual world, webinars and online libraries are the new chalk and board of our education system.
Market Segmentation
Insight byType
On the basis of Type, the Digital Education Market is divided into self-paced online education and instructor-led online education. Among these, instructor-led online education segment has the largest share as it involves instructor delivered content.
Insight by Course Type
Based on course type, the Digital Education Market is segmented into entrepreneurship and business management courses, science and technology and other courses. Science and technology division dominated the market.
Insight by Enduser
The Digital Education Market is classified into academic institutions and enterprises & public sector. based on end-user. Academic institutions accounted for the largest share and are anticipated to dominate the market during the forecast period as they adopt digital education as one of their offerings.
Report Metric |
Details |
Historical Period |
2018 - 2023 |
Base Year Considered |
2024 |
Forecast Period |
2025 - 2030 |
Market Size in 2024 |
U.S.D. 18.9 Billion |
Revenue Forecast in 2030 |
U.S.D. 79.5 Billion |
Growth Rate |
27.6% |
Segments Covered in the Report |
By Type, By Course Type, By End-User |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific, Latin America, Middle East And Africa |
Industry Dynamics
Growth Drivers
The major growth driver of the Digital Education Market is the technological advancements in the market where education is not anymore limited to textbooks and classrooms. The internet has become accessible and affordable. The government is also taking necessary steps to come forward with policies that shall boost the digital education market. The efforts are being made to uplift the standard of digital infrastructure to help assist the utilization of innovative educational tools. In near future, digital education shall witness noticeable amendments in the way educational institutions function.
Restraints
Post pandemic, students have become addicted to mobile phones, tablets, laptops in the name of digital learning. Parents are worried about their children health as they spend so much time staring at the screen. The increased screen time is the major concern and disadvantage of e-learning. Excessive screen time can lead to various health issues like bad posture, headaches. Instructors should understand different approaches to teaching and learning and shouldn’t miss out the advantages offered by online learning.
Geographic Overview
Asia Pacific dominates the Digital Education Market during the forecast period. Due to growing internet penetration and electronic appliances uses, distance education, education system, correspondence courses, vocational courses and e-learning have become more popular.
Key Players Covered in the Report
Some of the key players in this market are Coursera, Pluralsight, Adobe, Udacity, Aptara, McGraw Hill, Udemy, Alison, CreativeLive, Byju’s, Datacamp, Edmodo, FutureLearn, Edureka, Novoed, Treehouse, edX, LinkedIn Learning, Khan Academy, Intellipaat
Recent developments by Key Players
Pluralsight and Elice have collaborated speed up digital skills development and technology expertise in Korea. Elice will leverage Pluralsight's hands-on, immersive and domain-specific technology learning content as a strategic complement to Elice's existing online learning offerings currently available in Korea. Through Elice's LXP platform, Pluralsight content shall be offered and translated.
The state government of Andhra Pradesh and edX signed MoU for e-learning platform that offers university courses. Through this MoU, new technologies and teaching methods for teaching and learning experience are being developed by the e-learning platform and state higher education department. Over 12 lakh as students would be able to pursue free 2,000+ edX online courses offered by leading universities and other educational institutions, along with their current and get certificates.
The global Digital Education Market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.
Segments Covered in the Report
Region Covered in the Report
Source: VynZ Research
Source: VynZ Research
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