Global Digital Learning Market Infographics Description
- The global digital learning market is estimated at US$ 202,380.0 Mn in 2020.
- Worldwide digital learning market is projected to reach US$ 463,821.0 Mn in 2030 at a CAGR of 8.7% from 2020 to 2030.
- Amongst Type, the reskilling and online certifications segment in the global digital learning market is estimated to account for a majority revenue share of 23.3% in 2020 end.
- Among all the end-use segments, the working professionals is expected to register the highest CAGR of over 9.4%, followed by K 12 students and job seekers segment.
- Market in North America is expected to dominate the target market. It is expected to account for the largest market revenue share as compared to that of markets in other regions.
- Companies profiled in the report are Pearson plc, Holtzbrinck Publishing Group, New Oriental Education & Technology Group, Inc., K12 Inc., China Distance Education Holdings Ltd., Coursera, Khan Academy, FutureLearn, Languagenut Ltd, Scoyo GmbH, SmartSchool Education Pvt Ltd and, Bettermark GmbH, Alison, and others.
Growth Drivers for the Digital Learning Devices Market
- Increased E-learning Adoption: The shift towards remote education and continuous learning has significantly boosted the demand for digital learning devices.
- Technological Advancements: Innovations in connectivity and interactive technology have enhanced the capabilities of digital learning devices, making them more appealing for educational institutions and learners.
- Government Initiatives: Numerous government policies promoting digital education have led to increased investments in digital learning infrastructure, including devices.
- Growing Demand for Personalized Learning: The rising trend towards personalized learning experiences is driving demand for devices that support customized educational content and adaptive learning technologies.
- Expansion of Online Content: As educational content becomes increasingly digital and accessible online, there is a growing need for devices that can access and interact with this content effectively.
Strategic Developments in the Digital Learning Devices Market
- Product Innovation and Diversification: Companies are continuously innovating and expanding their product lines to include devices with better connectivity, durability, and enhanced learning tools.
- Partnerships with Educational Institutions: Many firms are partnering with schools, universities, and educational platforms to provide tailored devices that meet specific learning needs and curriculum requirements.
- Enhanced Accessibility Features: There is a focus on incorporating accessibility features into digital learning devices to cater to a diverse range of learning abilities and needs.
- Sustainability Initiatives: Several companies are integrating sustainability into their product lifecycle, from manufacturing to disposal, to appeal to environmentally conscious consumers and institutions.
- Global Market Penetration: Expansion into emerging markets is a key strategy for many companies, driven by increasing educational funding and digital literacy in these regions.
