July 22, 2024

Technavio Forecasts K-12 Blended E-Learning Market to Grow by USD 19.59 billion from 2020 to 2025 |

Technavio Forecasts K-12 Blended E-Learning Market to Grow by USD 19.59 billion from 2020 to 2025 |

NEW YORK, Dec. 17, 2021 /PRNewswire/ —

Key K-12 Blended E-Learning Market Report Highlights:

  1. Market growth 2021-2025: USD 19.59 billion
  2. Growth momentum & CAGR: Accelerate at a CAGR of 17.52%
  3. YoY growth (%): 16.83%
  4. Performing market contribution: North America at 36%
  5. Key consumer countries: US, China, UK, Canada, and Japan

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Regional Market Analysis

The K-12 blended e-learning market has been segmented into five regions, namely North America, APAC, Europe, South America, and MEA. With 36% of the growth originating from North America, this region will record a fast growth rate during the forecast period. The US and Canada are the key countries for the K-12 blended e-learning market in North America. Market growth in this region will be faster than the growth of the market in MEA and South America. High Internet penetration and the presence of a good information technology (IT) infrastructure will drive the K-12 blended e-learning market growth in North America during the forecast period.

The market in North America is expected to grow at a steady rate. Many educational institutions in the US have begun incorporating K-12 blended e-learning, driving the need for the development of online courses. North America is a favorable market for blended learning. This development is mainly facilitated by two factors:

  • Students in this region are tech-savvy, owing to high exposure to new gadgets and technologies.
  • The US government frequently updates the education technology plan to include new elements such as AR, VR, and game-based learning in the learning process. This gives institutions the freedom to implement learning frameworks such as CBE, flipped classrooms, and blended learning.

For Additional Information about the regional market: Request for a free sample report.

Key Vendors and Vendor Strategies

The major players operating in the global K-12 blended e-learning market are D2L Corp., Docebo Inc., Houghton Mifflin Harcourt Co., Instructure Inc., Pearson Plc, Promethean Ltd., Providence Equity Partners LLC, Scholastic Inc., Stride Inc., and  Think and Learn Pvt. Ltd. The global K-12 blended e-learning market is characterized by the presence of numerous large, small, and medium-sized manufacturers. Most large and established players have extensive sales and distribution networks globally, whereas most small players are concentrated in the regional markets. Vendors compete based on parameters such as price, quality, technology, brand identity, and distribution. In June 2021, Docebo Inc. announced the launch of Docebo Learning Analytics, the newest addition to its multi-product learning suite. It allows enterprise customers to retrieve, analyze, and transform the data from their learning programs into useful business insights.

Download our free sample report to get a brief understanding about various other vendors and the vendors’ strategies.

Key Market Drivers

Our analysts have extensively outlined the information on the key market drivers and their impact on the K-12 blended e-learning market.

  • Need for cost-effective teaching model:
    • The blended e-learning approach provides a large amount of cost savings to learners and institutions. In countries such as the US, the emergence of virtual schools is helping students manage learning costs, as content is significantly available in the digital form that can be regenerated. For institutions, apart from the upfront costs, the intangible benefits are high as faculty can automate administrative tasks and focus on personalized learning of students. The e-learning model is also beneficial for teachers and trainers, as it enables them to reach out and deliver knowledge to a wider audience. The introduction of cloud-based LMS further reduces the cost of creating, managing, storing, and delivering the content to the learners, who can access it from their own devices. Educators can also access small modules of specific content for classroom sessions from various sources. This reduces the dependency on large publishers and helps the faculty in creating and managing diversified and interactive content for the K-12 segment. The cost efficiencies that can be achieved by vendors and the growing number of affordable online courses that can be accessed by customers will further fuel the growth of the market.

To know about a few other market drivers, trends, and challenges.

Download our free sample report

Related Reports:

  • K-12 Game-based Learning Market by Product, School Level, and Geography – Forecast and Analysis 2021-2025: The K-12 game-based learning market share should rise by USD 9.03 billion from 2020 to 2025 at a CAGR of 20.63%. Download Free Sample Report Now
  • K-12 Testing and Assessment Market by Product, Method, and Geography – Forecast and Analysis 2021-2025: The K-12 testing and assessment market has the potential to grow by USD 8.24 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 10.19%. Download Free Sample Report

K-12 Blended E-Learning Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 17.52%

Market growth 2021-2025

USD 19.59 billion

Market structure

Fragmented

YoY growth (%)

16.83

Regional analysis

North America, APAC, Europe, South America, and MEA

Performing market contribution

North America at 36%

Key consumer countries

US, China, UK, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

D2L Corp., Docebo Inc., Houghton Mifflin Harcourt Co., Instructure Inc., Pearson Plc, Promethean Ltd., Providence Equity Partners LLC, Scholastic Inc., Stride Inc., and Think and Learn Pvt. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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.

Contact

Technavio Research

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UK: +44 203 893 3200

Email: [email protected]

Website: www.technavio.com/

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SOURCE Technavio