The integration of modern technology and digital tools to better the teaching and learning process is known as digital education. E-learning, digital learning, and technology-enhanced learning (TEL) are other terms for it. The use of technology and digital devices for education is referred to as “digital education.” It offers students a variety of advantages, including price and access to specialized courses. Furthermore, because it improves employee performance, digital education has become an essential component of many businesses.
According to SPER market research, ‘Global Digital Education Market Size- By Type, By Course Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Global Digital Education Market is predicted to reach USD 199.65 billion by 2033 with a CAGR of 26.23%.
Growth Drivers:
Rising interest in adaptive learning: Adaptive learning is an educational method that adapts course material in response to a student’s performance. Using artificial intelligence (AI), the adaptive learning system changes the information to the needs of the individual. By utilizing AI, online education companies may give students with highly personalized courses that are suited to their specific needs. As a result, adaptive learning provides pupils with more specialized and personalized teaching.
Skill Development & Professional Training: There is a continuing demand for reskilling and upskilling in various industries. To fulfil labour market demands and assist people advance their careers, digital education gives providers the opportunity to offer skill development and professional training courses.
Challenges:
Demand for further training: To effectively leverage the benefits of online and blended learning, instructors must have a thorough understanding of various instructional approaches and digital platforms. Proper instruction in technical aspects such as video and audio recording equipment, virtual classroom software, and lecture capture tools allows fast navigation and high-quality educational experiences.
Maintaining Student Interest and Interaction: It can be difficult to maintain student interest and deliver interactive learning experiences in a digital setting. Teachers must employ technology and instructional design strategies to encourage students’ active engagement, cooperation, and interaction.
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Impact of COVID-19 on Malaysia Online grocery Market
The global market for digital education has been significantly impacted by the COVID-19 pandemic. As a result of the virus epidemic and accompanying lockdown orders issued by governments worldwide, educational institutions were obliged to close their physical campuses and transition to online instruction. As a result of the abrupt move to online education, the market for digital education encountered both opportunities and obstacles. Due to the closure of schools, colleges, and universities, there has been an increase in demand for digital education alternatives. To assure educational continuity, educational institutions immediately implemented online learning systems, virtual classrooms, and digital content.
Global Digital Education key players
Furthermore, The Asia Pacific Digital Education Market is expected to grow rapidly in the next years. Distance education, vocational courses, correspondence courses, and eLearning are becoming more popular in the Asia Pacific education sector as internet adoption and electronic appliance usage increase. The region has the most students, and as technology advances, there is an increasing demand for eLearning and online education. This region is also seeing an increase in foreign investment to help the online learning sector. Additionally, some of the market key players are 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, Others.
Global Digital Education Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Type: Based on the Type, Global Digital Education Market is segmented as; Instructor-led Online Education, Self-paced Online Education.
By Course Type: Based on the Course Type, Global Digital Education Market is segmented as; Entrepreneurship and Business Management Courses, Science and Technology Courses.
By End user: Based on the Vehicle Type, Global Digital Education Market is segmented as Academic Institutions, Enterprises and Public Sector.
By Region: This report also provides the data for key regional segments of Asia-Pacific, Europe, Middle East and Africa, North America, Latin America.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Global Digital Education Market Growth Drivers
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