Digital Education Market Growth, Size, Revenue, Trends, Scope, Challenges and Future Competition
Global Digital Education Market Size- By Type, By Course Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Feb-2023 | Report ID: EDUI2301 | Pages: 1 - 226 | Formats*: |
| Category : Education Industry | |||
Digital Education Market Introduction and Overview
According to SPER Market Research, the Global Digital Education Market is estimated to reach USD 199.65 billion by 2033 with a CAGR of 26.23%.
The report includes an in-depth analysis of the Global Digital Education Market, including market size and trends, product mix, distribution channels, and supplier analysis. Digital education is the integration of contemporary technology and digital tools to improve the teaching and learning process. It is also known as e-learning, digital learning, or technology-enhanced learning (TEL). Utilizing technology and digital devices as a means of education is known as "digital education." It provides students with a number of benefits, including affordability and access to specialized courses. Furthermore, because it enhances employee performance, digital education has become a crucial part of many organizations.
- Ever-growing internet penetration: The availability of internet connectivity, which has become a necessity, is necessary for digital education. Globally speaking, internet access has significantly increased, especially in terms of mobile subscriptions and broadband connections. The widespread use of mobile internet has been essential in bringing people together, even those who live in remote locations.
- Personalization and Adaptive Learning: Digital educational platforms use cutting-edge technologies like artificial intelligence and data analytics to offer individualized learning opportunities.
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Market Opportunities and Challenges
- Opportunities:
- Growing inclination towards adaptive learning: An educational strategy called adaptive learning modifies the course material in response to a student's performance. The adaptive learning system adapts the content to the needs of the individual by using artificial intelligence (AI). By incorporating AI, online education providers can offer students highly customized courses that are tailored to meet their individual needs. As a result, adaptive learning gives students access to a more specialized and individualized form of education.
- Skill Development and Professional Training: In many industries, there is a constant need for reskilling and up skilling. To meet the demands of the labour market and help people improve their career prospects, digital education offers providers the chance to offer skill development and professional training courses.
- Challenges:
- Urge for additional training: Instructors must have a comprehensive understanding of diverse teaching methodologies and digital platforms to fully utilize the benefits of online and blended learning. Proper training in technical aspects, such as video and audio recording equipment, virtual classroom software, and lecture capture tools, ensures efficient navigation and high-quality educational experiences.
- Maintaining Engagement and Interaction: It can be difficult to maintain student interest and provide interactive learning experiences in a digital setting. To encourage students' active participation, collaboration, and interaction, educators must use technology and instructional design techniques.
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Market Competitive Landscape
The global digital education market's competitive landscape is characterized by fierce competition between various players vying for a sizeable market share. Here are some major market participants: Alison, Byju’s, Coursera, CreativeLive, CXL, Datacamp, Edmodo, Edureka, edX, Federica Web Learning, FutureLearn, Go1, Intellipaat, Iversity, Jigsaw Academy, Kadenze, Khan Academy, LinkedIn Learning, Miriadax, My Mooc, Novoed, Platzi, Pluralsight, Skillshare, SWAYAM, Thinkful, Treehouse, Udacity, Udacity, Udemy, Xuetangx.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2033 |
| Base year considered | 2022 |
| Forecast period | 2023-2033 |
| Segments covered | By Type, By Course Type, By End User |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Alison, Byju’s, Coursera, CreativeLive, CXL, Datacamp, Edmodo, Edureka, edX, Federica Web Learning, FutureLearn, Go1, Intellipaat, Iversity, Jigsaw Academy, Kadenze, Khan Academy, LinkedIn Learning, Miriadax, My Mooc, Novoed, Platzi, Pluralsight, Skillshare, SWAYAM, Thinkful, Treehouse, Udacity, Udacity, Udemy, Xuetangx |
COVID-19 Impact on Global Digital Education Market
The COVID-19 pandemic has had a sizable effect on the global market for digital education. As a result of the virus outbreak and the subsequent lockdown orders issued by governments around the world, educational institutions were forced to close their physical campuses and switch to online instruction. The market for digital education was faced with both opportunities and challenges as a result of the abrupt shift to online education. The closure of schools, colleges, and universities led to a surge in demand for digital education solutions. Educational institutions quickly adopted online learning platforms, virtual classrooms, and digital content to ensure continuity in education.
Key Target Audience
- Corporations and Enterprises
- EdTech Companies and Service Providers
- Educational Institutions
- Students and Learners
- Teachers and Educators
- Others
Our in-depth analysis of the Digital Education Market includes the following segments:
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Key Topics Covered in the Report
- Global Digital Education Market Size (FY’2023-FY’2033)
- Overview of Global Digital Education Market
- Segmentation of Global Digital Education Market By Type (Instructor-led Online Education, Self-paced Online Education)
- Segmentation of Global Digital Education Market By Course Type (Entrepreneurship and Business Management Courses, Science and Technology Courses)
- Segmentation of Global Digital Education Market By End User (Academic Institutions, Enterprises and Public Sector)
- Statistical Snap of Global Digital Education Market
- Expansion Analysis of Global Digital Education Market
- Problems and Obstacles in Global Digital Education Market
- Competitive Landscape in the Global Digital Education Market
- Impact of COVID-19 and Demonetization on Global Digital Education Market
- Details on Current Investment in Global Digital Education Market
- Competitive Analysis of Global Digital Education Market
- Prominent Players in the Global Digital Education Market
- SWOT Analysis of Global Digital Education Market
- Global Digital Education Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Digital Education Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Digital Education Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Digital Education Market
7. Global Digital Education Market, By Type (USD Million)
7.1. Global Digital Education Market Value Share and Forecast, By Type, 2023-20337.2. Instructor-led Online Education7.3. Self-paced Online Education7.4. Others
8. Global Digital Education Market, By Course Type (USD Million)
8.1. Global Digital Education Market Value Share and Forecast, By Course Type, 2023-20338.2. Entrepreneurship and Business Management Courses8.3. Science and Technology Courses8.4. Others
9. Global Digital Education Market, By End User (USD Million)
9.1. Global Digital Education Market Value Share and Forecast, By End User, 2023-20339.2. Academic Institutions9.3. Enterprises and Public Sector9.4. Others
10. Global Digital Education Market Forecast, 2019-2033 (USD Million)
10.1. Global Digital Education Market Size and Market Share
11. Global Digital Education Market, By Type, 2019-2033 (USD Million)
11.1. Global Digital Education Market Size and Market Share By Type (2019-2026)11.2. Global Digital Education Market Size and Market Share By Type (2027-2033)
12. Global Digital Education Market, By Course Type, 2019-2033 (USD Million)
12.1. Global Digital Education Market Size and Market Share By Course Type (2019-2026)12.2. Global Digital Education Market Size and Market Share By Course Type (2027-2033)
13. Global Digital Education Market, By End User, 2019-2033 (USD Million)
13.1. Global Digital Education Market Size and Market Share By End User (2019-2026)13.2. Global Digital Education Market Size and Market Share By End User (2027-2033)
14. Global Digital Education Market, By Region, 2019-2033 (USD Million)
14.1. Global Digital Education Market Size and Market Share By Region (2019-2026)14.2. Global Digital Education Market Size and Market Share By Region (2027-2033)14.3. Asia-Pacific
14.3.1. Australia14.3.2. China14.3.3. India14.3.4. Japan14.3.5. South Korea14.3.6. Rest of Asia-Pacific
14.4. Europe
14.4.1. France14.4.2. Germany14.4.3. Italy14.4.4. Spain14.4.5. United Kingdom14.4.6. Rest of Europe
14.5. Middle East and Africa
14.5.1. Kingdom of Saudi Arabia14.5.2. United Arab Emirates14.5.3. Rest of Middle East & Africa
14.6. North America
14.6.1. Canada14.6.2. Mexico14.6.3. United States
14.7. Latin America
14.7.1. Argentina14.7.2. Brazil14.7.3. Rest of Latin America
15. Company Profile
15.1. Alison
15.1.1. Company details15.1.2. Financial outlook15.1.3. Product summary15.1.4. Recent developments
15.2. Byju’s
15.2.1. Company details15.2.2. Financial outlook15.2.3. Product summary15.2.4. Recent developments
15.3. Coursera
15.3.1. Company details15.3.2. Financial outlook15.3.3. Product summary15.3.4. Recent developments
15.4. CreativeLive
15.4.1. Company details15.4.2. Financial outlook15.4.3. Product summary15.4.4. Recent developments
15.5. CXL
15.5.1. Company details15.5.2. Financial outlook15.5.3. Product summary15.5.4. Recent developments
15.6. Datacamp
15.6.1. Company details15.6.2. Financial outlook15.6.3. Product summary15.6.4. Recent developments
15.7. Edmodo
15.7.1. Company details15.7.2. Financial outlook15.7.3. Product summary15.7.4. Recent developments
15.8. Edureka
15.8.1. Company details15.8.2. Financial outlook15.8.3. Product summary15.8.4. Recent developments
15.9. edX
15.9.1. Company details15.9.2. Financial outlook15.9.3. Product summary15.9.4. Recent developments
15.10. Federica Web Learning
15.10.1. Company details15.10.2. Financial outlook15.10.3. Product summary15.10.4. Recent developments
15.11. FutureLearn
15.11.1. Company details15.11.2. Financial outlook15.11.3. Product summary15.11.4. Recent developments
15.12. Go1
15.12.1. Company details15.12.2. Financial outlook15.12.3. Product summary15.12.4. Recent developments
15.13. Intellipaat
15.13.1. Company details15.13.2. Financial outlook15.13.3. Product summary15.13.4. Recent developments
15.14. Iversity
15.14.1. Company details15.14.2. Financial outlook15.14.3. Product summary15.14.4. Recent developments
15.15. Jigsaw Academy
15.15.1. Company details15.15.2. Financial outlook15.15.3. Product summary15.15.4. Recent developments
15.16. Kadenze
15.16.1. Company details15.16.2. Financial outlook15.16.3. Product summary15.16.4. Recent developments
15.17. Khan Academy
15.17.1. Company details15.17.2. Financial outlook15.17.3. Product summary15.17.4. Recent developments
15.18. LinkedIn Learning
15.18.1. Company details15.18.2. Financial outlook15.18.3. Product summary15.18.4. Recent developments
15.19. Miriadax
15.19.1. Company details15.19.2. Financial outlook15.19.3. Product summary15.19.4. Recent developments
15.20. My Mooc
15.20.1. Company details15.20.2. Financial outlook15.20.3. Product summary15.20.4. Recent developments
15.21. Novoed
15.21.1. Company details15.21.2. Financial outlook15.21.3. Product summary15.21.4. Recent developments
15.22. Platzi
15.22.1. Company details15.22.2. Financial outlook15.22.3. Product summary15.22.4. Recent developments
15.23. Pluralsight
15.23.1. Company details15.23.2. Financial outlook15.23.3. Product summary15.23.4. Recent developments
15.24. Skillshare
15.24.1. Company details15.24.2. Financial outlook15.24.3. Product summary15.24.4. Recent developments
15.25. SWAYAM
15.25.1. Company details15.25.2. Financial outlook15.25.3. Product summary15.25.4. Recent developments
15.26. Thinkful
15.26.1. Company details15.26.2. Financial outlook15.26.3. Product summary15.26.4. Recent developments
15.27. Treehouse
15.27.1. Company details15.27.2. Financial outlook15.27.3. Product summary15.27.4. Recent developments
15.28. Udacity
15.28.1. Company details15.28.2. Financial outlook15.28.3. Product summary15.28.4. Recent developments
15.29. Udemy
15.29.1. Company details15.29.2. Financial outlook15.29.3. Product summary15.29.4. Recent developments
15.30. Xuetangx
15.30.1. Company details15.30.2. Financial outlook15.30.3. Product summary15.30.4. Recent developments
15.31. Other
16. List of Abbreviations
17. Reference Links
18. Conclusion
19. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
The Digital Education Market is projected to reach USD 199.65 billion by 2033, growing at a CAGR of 26.23% during the forecast period.
The Digital Education Market grew in market size from 2021. The Market is expected to reach USD 199.65billion by 2033, at a CAGR of 26.23% during the forecast period.
The Digital Education Market CAGR of 26.23% during the forecast period.
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The Digital Education Market size is USD 199.65 billion from 2023 to 2033.
The Digital Education Market segment is Covered By Course Type, By Learning Type, By End User.
The North America and Europe region is anticipated to have the highest market share in the Digital Education Market.
The future of education through technology and digital gadgets lies in digital education. The advantages of digital education for pupils include specialized course learning at a lower cost. Additionally, since it improves employees' performance, digital education has become a crucial component of the majority of firms.
The key players in the market include Companies Covered Alison, Byju’s, Coursera, CreativeLive, CXL, Datacamp, Edmodo, Edureka, edX, Federica Web Learning, FutureLearn, Go1, Intellipaat, Iversity, Jigsaw Academy, Kadenze, Khan Academy, LinkedIn Learning, Miriadax, My Mooc, Novoed, Platzi, Pluralsight, Skillshare, SWAYAM, Thinkful, Treehouse, Udacity, Udacity, Udemy, Xuetangx.
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