The blended learning global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Blended Learning Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The blended learning market size has grown rapidly in recent years. It will grow from $22.05 billion in 2023 to $24.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The growth in the historic period can be attributed to internet accessibility, educational policy funding, demand for flexible learning options, corporate training for lifelong learning, and innovations in educational software and research.
The blended learning market size is expected to see rapid growth in the next few years. It will grow to $40.47 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%. The growth in the forecast period can be attributed to technological advancements, government policies and funding, changing educational demands, cost-effectiveness, and workforce development needs. Major trends in the forecast period include increased adoption in K–12 education, corporate training and development, advancements in EdTech solutions, the rise of microlearning, and mobile learning.
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Scope Of Blended Learning Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Blended Learning Market Overview
Market Drivers –
The rising trend of online learning is expected to propel the growth of the blended learning market going forward. Online learning is an educational process that takes place over the Internet. The trend toward online learning is growing due to its flexibility, accessibility, and ability to cater to diverse learning needs and schedules. Online education supports blended learning by providing a flexible and accessible platform for delivering educational content, engaging students in interactive learning activities, and facilitating communication and collaboration between teachers and students. For instance, in January 2022, according to the World Economic Forum, a Switzerland-based non-governmental organization, more than 92 million new learners registered for Coursera’s online courses in 2021, up from 71 million in 2020, marking a 29.6% increase. Regionally, the Asia Pacific saw the largest student presence on this platform, with 28 million new online learners enrolling in 68 million courses, followed by North America, Europe, and Latin America. Therefore, the rising trend of online learning is driving the growth of the blended learning market.
Market Trends –
Major companies operating in the blended learning market are increasing their focus on developing innovative products, such as blended learning laptops, to meet evolving educational needs and enhance the learning experience. Blended learning laptops are designed to facilitate the blended learning approach, combining online and in-person educational methods. These laptops often have features such as robust internet connectivity, high-quality video conferencing capabilities, and interactive software. For instance, in January 2022, The Hewlett-Packard Company (HP), a US-based computer hardware company, launched the HP Fortis portfolio, specifically designed for blended learning environments. These devices are built to withstand the demands of active and mobile learners, providing durability and mobility essential for seamless blended learning experiences. The portfolio includes a variety of devices, such as laptops and Chromebooks, to accommodate different learning needs.
The blended learning market covered in this report is segmented –
1) By Type: Hardware, Content, System, Solutions
2) By Method Of Delivery: Enriched Virtual Model, Face-To-Face Driver Model, Flex Model, Flipped Model, Online Driver Model, Rotation Model
3) By Application: Pre-Primary School, Primary School, Middle School, High School
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Regional Insights –
North America was the largest region in the blended learning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blended learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the blended learning market are 2U Inc., Blackboard Inc., Udemy Inc., Coursera Inc., Articulate 360, Pluralsight LLC, D2L (Desire2Learn), Skillshare, Docebo Inc., Udacity Inc., Moodle, Absorb LMS, Teachable, Thinkific, Khan Academy, FutureLearn, LearnUpon, Knewton, Schoology, iSpring Solutions, TalentLMS, LearnWorlds, LinkedIn Learning, Google Classroom, Bridge, Mindflash LMS
Table of Contents
1. Executive Summary
2. Blended Learning Market Report Structure
3. Blended Learning Market Trends And Strategies
4. Blended Learning Market – Macro Economic Scenario
5. Blended Learning Market Size And Growth
…..
27. Blended Learning Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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