Global Digital Education Market – Industry Trends and Forecast to 2030

Digital Education Market Analysis and Size

Increase in the demand for microlearning is a crucial factor accelerating the market growth, also rise in the reduced infrastructure cost, increased scalability using online learning, rising demand for distance education and government initiatives, increased penetration of handheld devices, rising demand by corporates for training of employees, increased penetration of portable devices across the world and rising adequate infrastructure and various gadgets such as e-books, readers and laptops among others are the major factors among others boosting the digital education market

The digital education market was valued at USD 12.8 billion in 2022 and is expected to reach USD 125.01 billion by 2030, registering a CAGR of 26.60% during the forecast period of 2023 to 2030. The "science and technology" accounts for the couse type segment in the industrial control systems (ICS) security market, owing to the surging demand for applications. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Digital Education Market Scope and Segmentation

Market Definition

Digital education is defined as the type of inventive process of learning and teaching by the means of digital technologies and tools. This kind of learning process is generally known as e-learning or technologically enhanced learning (TEL). The numerous interactive and blended approaches are used to deliver learning and it includes face to face interactions with flipped classrooms, online activities, where the online activities are discussed and concluded using outside practical scenarios for more depth analysis.

Global Digital Education Market Dynamics

Driver

• Technological Advancements in Digital Education

Education is not anymore limited to textbooks and classrooms, it has become an amalgamation of technology, innovative learning, and digital content. As technology progressed, the excitement and appeal of digital education only increased with more visual stimulus, creativity, and satisfaction. Moreover, the emergence of ever-evolving technology has made learning interactive, engaging, motivating, and handy. 

Opportunity

• Increase in Demand for Microlearning

Microlearning is an organizational training method that delivers short bursts of on-demand content for learners to study at their convenience. By presenting information in bite-sized chunks, learners can retain information better. In addition, it is less time-consuming, easier, and more cost-effective to produce. Plus, it is widely considered more engaging and interesting than traditional e-learning. All these benefits of microlearning are driving the digital education market growth.

Restraint/Challenge

• High Cost

The high of digital education and lack of professionals will restraint the growth of the market.

Recent Development

• In July 2020, The Central Board of Secondary Education (CBSE) joined hands with Facebook, Inc., a U.S.-based online social media and social networking service company, to launch augmented reality, digital safety, and online safety prospectus in India

Global Digital Education Market Scope

The digital education market is segmented on the basis of learning type, course type and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Learning Type

• Self-Paced Instructor-Led Online Education
• Instructor-Led Online Education

Course Type

• Science and Technology Courses
• Entrepreneurship and Business Management Courses
• Others

End-User

• Individual Learners and Academic Institutions
• Enterprises
• Government Organizations

Global Digital Education MarketRegion Analysis/Insights

The digital education market is segmented on the basis of learning learning type, course type and end-user. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

The countries covered in the digital education market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the digital education market due to rise in the need to enhance the skillsets of the employees and the technicalities among students, increased scalability using online learning, rising demand for distance education and government initiatives and increased penetration of handheld devices in this region.

The country section of the digital education market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and up-stream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Global Digital Education Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to global digital education market.

Some of the major players operating in the global digital education market are

• Coursera Inc (U.S.),
• Pluralsight LLC (U.S.)
• Alison (U.S.)
• Udacity, Inc (U.S.),
• Udemy, Inc (U.S.),
• Miríadax (U.S.)
• Jigsaw Academy (U.S.)
• Intellipaat Edmodo (U.S.)
• FutureLearn (U.S.) 

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