(MENAFN- PR Newswire)
NEW YORK, June 24, 2024 /PRNewswire/ -- The global
K-12 blended E-learning market
size is estimated to grow by USD 20.75
billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of
14.07%
during the forecast period. Need for cost-effective teaching model
is driving market growth,
with a trend towards
emergence of learning via mobile devices. However,
increase in open-source learning content
poses a challenge. Key market players include Apollo Asset Management Inc., Articulate Global Inc., Cisco Systems Inc., Coursera Inc., D2L Inc, Docebo Inc., Educomp Solutions Ltd., edX LLC, Ellucian Co., Houghton Mifflin Harcourt Co., Instructure Holdings Inc., Pearson Plc, PowerSchool Holdings Inc., Promethean World Ltd., Providence Equity Partners LLC, Samsung Electronics Co. Ltd., Scholastic Corp., Stride Inc., Toppr Technologies Pvt. Ltd., and Vedantu Innovations Pvt. Ltd..
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Technavio has announced its latest market research report titled Global K-12 blended e-learning market 2024-2028
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| Forecast period |
2024-2028 |
| Base Year |
2023 |
| Historic Data |
2018 - 2022 |
| Segment Covered |
Product (Hardware, Content, System, Solutions, and Others), Application (Pre-primary school, Primary school, Middle school, and High school), and Geography (North America, APAC, Europe, South America, and Middle East and Africa) |
| Region Covered |
North America, APAC, Europe, South America, and Middle East and Africa |
| Key companies profiled |
Apollo Asset Management Inc., Articulate Global Inc., Cisco Systems Inc., Coursera Inc., D2L Inc, Docebo Inc., Educomp Solutions Ltd., edX LLC, Ellucian Co., Houghton Mifflin Harcourt Co., Instructure Holdings Inc., Pearson Plc, PowerSchool Holdings Inc., Promethean World Ltd., Providence Equity Partners LLC, Samsung Electronics Co. Ltd., Scholastic Corp., Stride Inc., Toppr Technologies Pvt. Ltd., and Vedantu Innovations Pvt. Ltd. |
Key Market Trends Fueling Growth
In the K-12 education sector, the integration of mobile devices in blended e-learning is becoming essential. Smartphones and tablets are no longer just tools for content consumption but also serve as platforms for attending lectures, receiving alerts, and participating in educational activities. With the rise of tech-savvy students and growing awareness of mobile device uses, these devices have become indispensable in the education services market. The blended e-learning approach combines online and offline learning, making mobile devices a crucial component for accessing content. As a result, the adoption of mobile learning is expected to expand significantly in the coming years.
The K-12 Blended E-Learning market is currently experiencing significant growth. Technology and classes are coming together to create effective learning environments. The use of virtual classrooms and learning management systems is on the rise. Classrooms are becoming more interactive with the integration of multimedia content and real-time assessments. The trend towards personalized learning is also gaining momentum. Devices like laptops and tablets are being used to deliver instruction and engage students. The use of artificial intelligence and machine learning is making learning more efficient and effective. The future of K-12 education is a blend of traditional and digital learning.
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Market
Challenges
In the K-12 blended e-learning market, open-source solutions like MOOCs pose a significant challenge to vendors. These platforms offer free access to a vast user base, making them popular among students. Khan Academy and Byju's are notable providers of free courses in various subjects. MOOCs' affordability and holistic approach appeal to users, leading some to prefer them over paid versions for specific online courses. Edx and Coursera also offer free or low-cost courses. These trends underscore the importance of cost-effective and comprehensive offerings in the K-12 blended e-learning sector.
The K-12 Blended E-Learning Market faces several challenges in implementing and integrating technology for effective education. One challenge is ensuring equal access to technology for all students, especially those from disadvantaged backgrounds. Another challenge is the lack of consistent and high-quality digital content. Additionally, training teachers to effectively use technology in the classroom is a significant hurdle. Furthermore, ensuring student engagement and reducing the digital divide between home and school learning are ongoing concerns. Lastly, ensuring data security and privacy is crucial in the implementation of blended learning solutions.
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Segment Overview
This k-12 blended e-learning market report extensively covers market segmentation by
Product
1.1 Hardware
1.2 Content
1.3 System
1.4 Solutions
1.5 Others
Application
2.1 Pre-primary school
2.2 Primary school
2.3 Middle school
2.4 High school
Geography
3.1 North America
3.2 APAC
3.3 Europe
3.4 South America
3.5 Middle East and Africa
1.1
Hardware-
The K-12 Blended E-Learning Market is experiencing significant growth due to the adoption of affordable hardware devices such as laptops, tablets, IWBs, and LCS from vendors like Samsung Electronics, Educomp Solutions, and Providence Equity Partners. Interactive digital displays and wearable devices are emerging trends, enhancing the teaching and learning experience. BYOD and mobile learning are common practices, especially in the higher secondary segment. However, challenges such as bandwidth concerns, capacity, access points, security, and authorization need to be addressed for seamless implementation.
For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 - 2022)
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Research Analysis
In the dynamic and evolving K-12 Blended E-Learning Market, students and teachers in the Global Economy are embracing advanced technologies to enhance classroom instruction. The EdTech sector is thriving, with the Hardware and Content segments driving innovation. Blended e-learning, a combination of traditional and virtual methods, is gaining popularity due to its cost-effectiveness and ability to connect students across G21 jurisdictions. Digital education solutions, such as Artificial Intelligence, Virtual Reality, and Augmented Reality, are revolutionizing the learning experience. Online courses and Gamification are engaging students, while Personalization in learning ensures a high Quality of content. However, the lack of standardization poses a challenge to the E-Learning market's growth. Silicon Valley tech firms continue to invest in these solutions, ensuring continuous advancements in the field.
Market Research Overview
The K-12 Blended E-Learning Market refers to the integration of technology into traditional classroom teaching methods. This approach combines the benefits of face-to-face instruction with online learning. The use of digital tools and resources enhances student engagement and improves learning outcomes. The market for blended e-learning in K-12 education is growing rapidly due to the increasing availability of high-speed internet and the need for personalized learning experiences. The curriculum is delivered through a combination of synchronous and asynchronous methods, allowing students to learn at their own pace. The use of multimedia content, interactive activities, and assessments facilitates a more interactive and engaging learning experience. The market for blended e-learning in K-12 education is expected to continue growing as schools seek to provide students with the necessary skills for the digital age.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
Product
Hardware
Content
System
Solutions
Others
Application
Pre-primary School
Primary School
Middle School
High School
Geography
North America
APAC
Europe
South America
Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
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SOURCE Technavio
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