Digital Education Market by Product Type, End-Users, and Geography (North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2030

Description

Persistence Market Research has recently published an in-depth analysis of the global digital education market, offering a comprehensive overview of key market dynamics, growth drivers, challenges, and emerging trends. This report provides valuable insights into the structure of the digital education market, presenting exclusive data and statistics that forecast the market's growth trajectory from 2023 to 2030.

The global digital education market is forecast to expand at a CAGR of 25.8% and thereby increase from a value of US$19.2 Bn in 2023 to US$95.7 Bn by the end of 2030.

Key Insights:

Digital Education Market Size (2023E): US$19.2 Bn

Projected Market Value (2030F): US$95.7 Bn

Global Market Growth Rate (CAGR 2023 to 2030): 25.8%

Historical Market Growth Rate (CAGR 2018 to 2022): 19.1%

Digital Education Market- Report Scope:

The digital education market is rapidly transforming traditional learning methods by utilizing technologies like online courses, virtual classrooms, and interactive multimedia. This shift, driven by factors such as global internet expansion, increased demand for skill development, and the impact of the COVID-19 pandemic, is fundamentally changing pedagogical approaches. The market's growth is propelled by emerging technologies like cloud computing, artificial intelligence, and virtual reality, enhancing the effectiveness of digital education platforms. Governments and institutions recognizing the importance of digital literacy are expected to fuel continued investment in infrastructure and educational technology solutions, ensuring the market's sustained growth.

Market Growth Drivers:

The global digital education market is expanding significantly due to the proliferation of skill development initiatives. In a rapidly changing technological and labor market landscape, traditional education systems struggle to keep up with evolving skill demands. Individuals recognize the importance of acquiring new skills to stay competitive, especially in sectors undergoing digital transformation. The digital education market addresses this demand by offering a wide range of courses and programs tailored to the specific skill sets needed in modern industries. The COVID-19 pandemic further accelerated the need for global skill development, prompting individuals to reassess and invest in skills aligned with emerging opportunities.

Market Restraints:

Inequitable access to technology hinders the global digital education market's widespread expansion, with disparities in infrastructure and internet accessibility, notably in developing economies. Additionally, concerns about data privacy and cybersecurity vulnerabilities pose challenges to the industry's growth, as the protection of extensive student data collected by digital education platforms becomes crucial.

Market Opportunities:

The global digital education market is propelled by continuous technological advancements, particularly the integration of adaptive learning systems. Artificial intelligence, a key catalyst, powers these systems, offering personalized learning experiences tailored to individual needs and preferences. Utilizing advanced algorithms, these systems dynamically adjust content presentation and provide targeted interventions to address knowledge gaps. The incorporation of augmented reality (AR) and virtual reality (VR) further enhances experiential learning, providing realistic and interactive simulations in various disciplines.

Key Questions Answered in the Report:

What are the key factors driving the growth of the Digital Education Market?
Which industry verticals are driving the demand for Digital Education?
How are technological advancements reshaping the competitive landscape of the Digital Education Market?
Who are the leading players in the global Digital Education Market?
What are the emerging trends and future prospects in the global Digital Education Market?

Competitive Intelligence and Business Strategy:

Leading entities in the digital education industry, such as Khan Academy, Coursera, and edX, maintain market dominance through strategic alliances with prestigious academic institutions worldwide. These partnerships enhance the credibility of their course offerings, attracting a diverse audience seeking high-quality education. Emphasizing technological innovation, these platforms utilize machine learning and AI to provide personalized learning experiences by customizing assessments, content, and pace based on user data. Comprehensive strategies, including partnership development, technological innovation, localization, diversification, and monetization, allow these players to not only sustain but also expand their impact in the evolving digital education landscape.

Key Companies Profiled:
XuetangX
EDX LLC
Byjus
Pluralsights LLC
Alison
Adobe
Blackboard
IBM
Coursera
Udemy
Datacamp

Digital Education Market Segmentation:

By Learning Type:

Self- placed Online Education

Instructor Led Online Education

By Course Type:
Science & Technology Courses

Entrepreneurship & Business Management Courses

Other Courses
By End User:
Academic Institutions
Individual Learners
Enterprises
By Region:
North America
Europe
East Asia
South Asia & Oceania
Latin America
Middle East & Africa

Product Code: PMRREP33635

1. Executive Summary

1.1. Global Digital Education Market Snapshot, 2023 and 2030
1.3. Key Market Trends
1.4. Future Market Projections
1.2. Market Opportunity Assessment, 2023 - 2030, US$ Mn
1.5. Premium Market Insights
1.6. Industry Developments and Key Market Events
1.7. PMR Analysis and Recommendations

2. Market Overview

2.1. Market Scope and Definition
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
2.3. Learning Type Lifecycle Analysis
2.4. Digital Education Market: Value Chain
- 2.4.1. List of Raw Course Type Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of End Users
- 2.4.5. Profitability Analysis
2.5. Porter Five Force's Analysis
2.6. Geopolitical Tensions: Market Impact
2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
2.8. Forecast Factors - Relevance and Impact
2.9. Regulatory and Technology Landscape

3. Global Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2013-2016
- 3.2.2. Current Market Size Forecast, 2018-2026
3.3. Global Digital Education Market Outlook: Learning Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Learning Type, 2018 - 2022
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
  - 3.3.3.1. Self- placed Online Education
  - 3.3.3.2. Instructure Led Online Education
3.4. Market Attractiveness Analysis: Learning Type
3.5. Global Digital Education Market Outlook: Course Type
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Course Type, 2018 - 2022
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
  - 3.5.3.1. Science & Technology Courses
  - 3.5.3.2. Entrepreneurship & Business Management Courses
  - 3.5.3.3. Other Courses
3.6. Market Attractiveness Analysis: Course Type
3.7. Global Digital Education Market Outlook: End User
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End User, 2018 - 2022
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
  - 3.7.3.1. Acedamic Institutions
  - 3.7.3.2. Individual Learners
  - 3.7.3.3. Enterprises
3.8. Market Attractiveness Analysis: End User

4. Global Digital Education Market Outlook: Region

4.1. Key Highlights
4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2018 - 2022
4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2023 - 2030
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
4.4. Market Attractiveness Analysis: Region

5. North America Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

5.1. Key Highlights
5.2. Pricing Analysis
5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 5.3.1. By Country
- 5.3.2. By Learning Type
- 5.3.3. By Course Type
- 5.3.4. By End User
5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 5.4.1. U.S.
- 5.4.2. Canada
5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 5.5.1. Self- placed Online Education
- 5.5.2. Instructure Led Online Education
5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 5.6.1. Science & Technology Courses
- 5.6.2. Entrepreneurship & Business Management Courses
- 5.6.3. Other Courses
5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 5.7.1. Acedamic Institutions
- 5.7.2. Individual Learners
- 5.7.3. Enterprises
5.8. Market Attractiveness Analysis

6. Europe Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

6.1. Key Highlights
6.2. Pricing Analysis
6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 6.3.1. By Country
- 6.3.2. By Learning Type
- 6.3.3. By Course Type
- 6.3.4. By End User
6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 6.5.1. Self- placed Online Education
- 6.5.2. Instructure Led Online Education
6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 6.6.1. Science & Technology Courses
- 6.6.2. Entrepreneurship & Business Management Courses
- 6.6.3. Other Courses
6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 6.7.1. Acedamic Institutions
- 6.7.2. Individual Learners
- 6.7.3. Enterprises
6.8. Market Attractiveness Analysis

7. East Asia Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

7.1. Key Highlights
7.2. Pricing Analysis
7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 7.3.1. By Country
- 7.3.2. By Learning Type
- 7.3.3. By Course Type
- 7.3.4. By End User
7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 7.5.1. Self- placed Online Education
- 7.5.2. Instructure Led Online Education
7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 7.6.1. Science & Technology Courses
- 7.6.2. Entrepreneurship & Business Management Courses
- 7.6.3. Other Courses
7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 7.7.1. Acedamic Institutions
- 7.7.2. Individual Learners
- 7.7.3. Enterprises
7.8. Market Attractiveness Analysis

8. South Asia & Oceania Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

8.1. Key Highlights
8.2. Pricing Analysis
8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 8.3.1. By Country
- 8.3.2. By Learning Type
- 8.3.3. By Course Type
- 8.3.4. By End User
8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 8.5.1. Self- placed Online Education
- 8.5.2. Instructure Led Online Education
8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 8.6.1. Science & Technology Courses
- 8.6.2. Entrepreneurship & Business Management Courses
- 8.6.3. Other Courses
8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 8.7.1. Acedamic Institutions
- 8.7.2. Individual Learners
- 8.7.3. Enterprises
8.8. Market Attractiveness Analysis

9. Latin America Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

9.1. Key Highlights
9.2. Pricing Analysis
9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 9.3.1. By Country
- 9.3.2. By Learning Type
- 9.3.3. By Course Type
- 9.3.4. By End User
9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 9.5.1. Self- placed Online Education
- 9.5.2. Instructure Led Online Education
9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 9.6.1. Science & Technology Courses
- 9.6.2. Entrepreneurship & Business Management Courses
- 9.6.3. Other Courses
9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 9.7.1. Acedamic Institutions
- 9.7.2. Individual Learners
- 9.7.3. Enterprises
9.8. Market Attractiveness Analysis

10. Middle East & Africa Digital Education Market Outlook: Historical (2018 - 2022) and Forecast (2023 - 2030)

10.1. Key Highlights
10.2. Pricing Analysis
10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2018 - 2022
- 10.3.1. By Country
- 10.3.2. By Learning Type
- 10.3.3. By Course Type
- 10.3.4. By End User
10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2023 - 2030
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Learning Type, 2023 - 2030
- 10.5.1. Self- placed Online Education
- 10.5.2. Instructure Led Online Education
10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Course Type, 2023 - 2030
- 10.6.1. Science & Technology Courses
- 10.6.2. Entrepreneurship & Business Management Courses
- 10.6.3. Other Courses
10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End User, 2023 - 2030
- 10.7.1. Acedamic Institutions
- 10.7.2. Individual Learners
- 10.7.3. Enterprises
10.8. Market Attractiveness Analysis

11. Competition Landscape

11.1. Market Share Analysis, 2022
11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Analog IC
- 11.2.3. Apparent Learning Type Capacity
11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. XuetangX
  - 11.3.1.1. Overview
  - 11.3.1.2. Segments and Learning Type
  - 11.3.1.3. Key Financials
  - 11.3.1.4. Market Developments
  - 11.3.1.5. Market Strategy
- 11.3.2. EDX LLC
  - 11.3.2.1. Overview
  - 11.3.2.2. Segments and Learning Type
  - 11.3.2.3. Key Financials
  - 11.3.2.4. Market Developments
  - 11.3.2.5. Market Strategy
- 11.3.3. Byjus
  - 11.3.3.1. Overview
  - 11.3.3.2. Segments and Learning Type
  - 11.3.3.3. Key Financials
  - 11.3.3.4. Market Developments
  - 11.3.3.5. Market Strategy
- 11.3.4. Pluralsights LLC
  - 11.3.4.1. Overview
  - 11.3.4.2. Segments and Learning Type
  - 11.3.4.3. Key Financials
  - 11.3.4.4. Market Developments
  - 11.3.4.5. Market Strategy
- 11.3.5. Alison
  - 11.3.5.1. Overview
  - 11.3.5.2. Segments and Learning Type
  - 11.3.5.3. Key Financials
  - 11.3.5.4. Market Developments
  - 11.3.5.5. Market Strategy
- 11.3.6. Adobe
  - 11.3.6.1. Overview
  - 11.3.6.2. Segments and Learning Type
  - 11.3.6.3. Key Financials
  - 11.3.6.4. Market Developments
  - 11.3.6.5. Market Strategy
- 11.3.7. Blackboard
  - 11.3.7.1. Overview
  - 11.3.7.2. Segments and Learning Type
  - 11.3.7.3. Key Financials
  - 11.3.7.4. Market Developments
  - 11.3.7.5. Market Strategy
- 11.3.8. IBM
  - 11.3.8.1. Overview
  - 11.3.8.2. Segments and Learning Type
  - 11.3.8.3. Key Financials
  - 11.3.8.4. Market Developments
  - 11.3.8.5. Market Strategy
- 11.3.9. Coursera
  - 11.3.9.1. Overview
  - 11.3.9.2. Segments and Learning Type
  - 11.3.9.3. Key Financials
  - 11.3.9.4. Market Developments
  - 11.3.9.5. Market Strategy
- 11.3.10. Udemy
  - 11.3.10.1. Overview
  - 11.3.10.2. Segments and Learning Type
  - 11.3.10.3. Key Financials
  - 11.3.10.4. Market Developments
  - 11.3.10.5. Market Strategy
- 11.3.11. Datacamp
  - 11.3.11.1. Overview
  - 11.3.11.2. Segments and Learning Type
  - 11.3.11.3. Key Financials
  - 11.3.11.4. Market Developments
  - 11.3.11.5. Market Strategy

12. Appendix

12.1. Research Methodology
12.2. Research Assumptions
12.3. Acronyms and Abbreviations