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

 

As per The Business Research Company’s Blended Learning Global Market Report 2024, the blended learning market is expected to show significant growth in the forecast period.

 

The blended learning market has seen significant growth in recent years, driven by advancements in technology and changing educational needs. This blog explores the current state of the market, key growth drivers, emerging trends, and notable innovations.

 

Market Overview

Current Market Size and Growth Rate:

• 2023: $22.05 billion
• 2024: $24.83 billion
• CAGR (2023-2024): 12.6%

Projected Market Size:

• 2028: $40.47 billion
• CAGR (2024-2028): 13.0%

 

Historic Growth Drivers:

• Increased internet accessibility
• Educational policy funding
• Demand for flexible learning options
• Corporate training for lifelong learning
• Innovations in educational software and research

 

View More On The Blended Learning Market Report 2024 – https://www.thebusinessresearchcompany.com/report/blended-learning-global-market-report

 

Future Growth Drivers:

• Technological advancements
• Government policies and funding
• Changing educational demands
• Cost-effectiveness
• Workforce development needs

 

Rising Online Learning Trend

Impact on Blended Learning:

• Flexibility and Accessibility: Online learning supports blended approaches by offering flexible, accessible platforms for education.
• Interactive and Collaborative: Enhances student engagement through interactive learning activities and effective teacher-student communication.

 

Market Example:

• Coursera Growth: In January 2022, Coursera reported over 92 million new learners in 2021, a 29.6% increase from 2020. The Asia-Pacific region led with 28 million new learners.

 

Major Companies in the Market

Key Players:

• 2U Inc.
• Blackboard Inc.
• Udemy Inc.
• Coursera Inc.
• Articulate 360
• Pluralsight LLC
• Absorb LMS
• Teachable
• Thinkific
• Khan Academy
• FutureLearn
• LearnUpon
• Knewton
• Schoology
• Bridge
• Mindflash LMS

 

Innovations in Blended Learning

Blended Learning Laptops:

• Features: Robust internet connectivity, high-quality video conferencing, and interactive software.
• Example: In January 2022, HP launched the HP Fortis portfolio, designed for blended learning environments. The portfolio includes durable laptops and Chromebooks tailored for mobile learners.

 

Impact:

• Enhanced Learning Experience: These laptops support the seamless integration of online and in-person learning, addressing various educational needs.

 

Strategic Acquisitions

Skillsoft and Pluma:

• Acquisition Details: In June 2021, Skillsoft acquired Pluma for $22 million.
• Objective: Enhance leadership development and integrate new modalities into its blended learning model.
• About Pluma: Provides digital professional development and executive coaching, complementing Skillsoft’s offerings.

 

Market Segmentation

By Type:

• Hardware
• Content
• System
• Solutions

By Method of Delivery:

• Enriched Virtual Model
• Face-To-Face Driver Model
• Flex Model
• Flipped Model
• Online Driver Model
• Rotation Model

By Application:

• Pre-Primary School
• Primary School
• Middle School
• High School

Regional Insights:

• 2023: North America was the largest region.
• Forecast: Asia-Pacific is expected to be the fastest-growing region in the coming years.

 

Conclusion

The blended learning market is set to expand significantly, driven by online learning trends, technological advancements, and evolving educational needs. With a projected market size of $40.47 billion by 2028, the sector is poised for robust growth. Major companies are innovating with new technologies, and strategic acquisitions are enhancing their capabilities. As blended learning becomes increasingly integral to education, it offers a flexible, effective solution for modern learning environments.

 

Request A Sample Of The Global Blended Learning Market Report 2024:

https://www.thebusinessresearchcompany.com/sample_request?id=15998&type=smp

 

The Blended Learning Global Market Report 2024  provides an in-depth analysis on the blended learning market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the blended learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

 

View More Related Reports –

Learning Management System (LMS) Global Market Report 2024

Education And Learning Analytics Global Market Report 2024

Game Based Learning Global Market Report 2024

 

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