The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Current Market Landscape

• Market Size Surge: From $21.42 billion in 2023 to $28.48 billion in 2024.
• Growth Rate: Impressive CAGR of 32.9%.
• Key Drivers: Increased internet penetration, widespread smartphone and tablet adoption, government initiatives, and demand for customized learning.

Future Projections

• Expected Growth: Market to reach $89.80 billion by 2028.
• Growth Rate: Sustained CAGR of 33.3%.
• Key Drivers: Enhanced learning engagement, mobile learning, rising traditional education costs, growth of online learning, demand for lifelong learning, and rise of microlearning.
• Major Trends:
  • AI-powered tutoring and mentoring.
  • Content curation and aggregation.
  • Social learning platforms.
  • Interactive content and gamification.
  • Innovations in educational technology.

Growing Internet Penetration Enhances Digital Education

• Internet Penetration: Refers to the percentage of the population with internet access.
• Driving Factors: Affordable internet, expanding infrastructure, technological advancements, government initiatives, and demand for online services.
• Impact on Education: Higher internet penetration improves access to online learning resources and virtual classrooms.
• Recent Statistics: As of October 2023, 67% of the world’s population uses the internet, up from a 3.5% growth rate between 2021 and 2022 to 4.7% growth since 2022.

Read The Full Digital Education Market Report Here:

https://www.thebusinessresearchcompany.com/report/digital-education-global-market-report

Key Industry Players

• Leading Companies: IBM, Adobe, Pearson Education, Graham Holdings, New Oriental Education, McGraw-Hill, Aptara, Cengage Learning, TAL Education, 2U, Udemy, Skillsoft, Coursera, Think & Learn (Byju’s), Duolingo, Saba Software, D2L, Vedantu, Udacity, Edutech, Articulate Global, MPS Limited, City and Guilds, Discovery Education, Totara Learning, Allen Interactions, Trivantis, Echo360, N2N Services, Educomp Solutions.

Increasing Focus on Technological Advancements

• Innovation Focus: Development of advanced learning apps to enhance learning accessibility, flexibility, and interactivity.
• Advanced Learning Apps: Sophisticated applications offering innovative tools and methodologies for diverse learning needs.
• Case Example: Creative Galileo launched Toondemy in January 2023, providing educational experiences for children aged 3-10, aligned with CBSE, NEP, and NCERT syllabi, using animated videos and interactive games.

Strategic Acquisitions in the Industry

• LEAD’s Acquisition: In March 2023, LEAD acquired Pearson India’s K-12 learning business.
  • Impact: Enables LEAD to offer integrated technology solutions to over 60,000 schools nationwide by 2026.
  • Pearson’s Role: UK-based provider of digital learning solutions, offering content, assessment, and digital services.

Market Segmentation

• By Course Type: Science and technology courses, entrepreneurship and business management courses, other courses.
• By Learning Type: Self-paced online education, instructor-led online education.
• By End User: Individual learners and academic institutions, enterprises, government organizations, other end users.

Regional Insights

• North America: Largest market in 2023.
• Asia-Pacific: Expected to be the fastest-growing region during the forecast period.

Get A Free Sample On The Global Digital Education Market Report:
https://www.thebusinessresearchcompany.com/sample_request?id=15163&type=smp

The Digital Education Global Market Report 2024  provides an overview of the digital education market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The digital education market forecast analyzes digital education market size, digital education market share, leading competitor and their market positions.

The Table Of Content For The Digital Education Market Include:
1. Digital Education Market Executive Summary
2. Digital Education Market Segments
3. Digital Education Market Size And Digital Education Market Growth Rate
4. Key Digital Education Market Trends
5. Major Digital Education Market Drivers
……
25. Key Mergers And Acquisitions In The Digital Education Market
26. Top Digital Education Companies
27. Digital Education Market Opportunities And Strategies
28. Digital Education Market, Conclusions And Recommendations
29. Appendix

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