Digital Education Content Market to Record 10.34% of Y-O-Y Growth Rate in 2021 | Adobe Inc.- One of the Leading Companies, announced the launch of Magento Commerce branded stores for Amazon sellers, in May 2019 | Technavio
NEW YORK, Jan. 14, 2022 /PRNewswire/ -- Digital Education Content Market Facts at a Glance-
- Total Pages: 120
- Companies: 10+ – Including Adobe Inc., Ambow Education Holding Ltd., Articulate Global Inc., Cambridge University Press, Cengage Learning Holdings II Inc., Coursera Inc., D2L Corp., Discovery Education Inc., and Echo360 Inc among others.
- Coverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysis
- Segments: End-user (K-12 and higher education) and Geography (North America, APAC, Europe, South America, and MEA).
- Geographies: APAC (China and Canada), Europe (Germany and UK), North America (US).
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According to the recent market study by Technavio, the Digital Education Content Market by End-user and Geography - Forecast and Analysis 2021-2025 are expected to increase by USD 42.93 billion from 2020 to 2025, with an accelerated CAGR of almost 12%. The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
North America will register the highest growth rate of 47% among the other regions. The US and Canada are the key markets for digital education content in North America. Market growth in this region will be slower than the growth of the market in APAC, South America, and MEA.
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Vendor Insights-
The digital education content market is fragmented and the vendors are deploying growth strategies such as technological advances to compete in the market. Content providers, platform providers, and service providers are among the market's vendors.
Adobe Inc - In May 2019, the company announced the launch of Magento Commerce branded stores for Amazon sellers, a new offering that is available through Magento, a part of Adobe Experience Cloud that runs on Amazon Web Services (AWS).
NIIT Ltd - In November 2019, the company partnered with KPMG to introduce the KPMG NIIT Finance Academy in India to build skills and talent for "Finance of the Future."
Pearson Plc - In December 2019, the company was awarded commercial agreements from the UK Home Office to provide Secure English Language Tests (SELTs) to people who need to demonstrate their proficiency and skills in the English language to work or live in the UK.
Find additional highlights on the vendors and their product offerings. Download Free Sample Report
Regional Market Outlook
The digital education content market share growth in North America will be significant during the forecast period. The US and Canada are the key markets for digital education content in North America.
To promote learner engagement and stimulate student interaction with teaching faculty, educational institutions in the United States are increasingly turning to digital content in classrooms. Several universities in the United States, like the University of Tennessee and the University of South Florida, have adopted a bring your device (BYOD) policy, which allows students to learn and improve their digital literacy while incurring minimum financial costs. Students can access a variety of content on a subject through their internet-enabled devices, thanks to universities actively investing in the development of digital libraries and online instructional tools.
Furthermore, governments in nations such as the United States and Canada are supporting the use of digital content in schools and libraries through government initiatives aimed at improving students' learning experiences.
Download our FREE sample report for more key highlights on the regional market share of most of the above-mentioned countries.
Latest Drivers & Trends Driving the Market-
- Digital Education Content Market Driver:
- Rapid penetration of internet-enabled devices:
The need for digital education content is being fueled by factors such as rising mobile device adoption and a greater desire for customized learning. The demand for digital education content is being driven by the development in mobile cellular subscriptions, which allow customers to access digital content on their smartphones and tablets whenever they want. Digital education content items from market vendors are also being adopted by educational institutions to provide tailor-made content that is integrated with traditional course curricula.
- Digital Education Content Market Trend:
- Rising influence of data analytics in digital education:
Students, parents, and teachers can monitor learning activity and implement essential steps to improve the learning process thanks to companies like Adobe Systems packaging analytical tools with digital education content. The implementation of data analytics is likely to boost the growth of the worldwide digital education content market, owing to the increased demand for personalized individual learning in the education sector during the forecast period,
Find additional information about various other market Drivers & Trends mentioned in our FREE sample report.
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Digital Education Content Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Accelerate at a CAGR of 12% |
Market growth 2021-2025 | USD 42.93 billion |
Market structure | Fragmented |
YoY growth (%) | 10.34 |
Regional analysis | North America, APAC, Europe, South America, and MEA |
Performing market contribution | North America at 47% |
Key consumer countries | US, China, Canada, UK, and Germany |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Adobe Inc., Cengage Learning Holdings II Inc., McGraw-Hill Education Inc., MPS Ltd., New Oriental Education & Technology Group Inc., NIIT Ltd., Pearson Plc, Providence Equity Partners LLC, TAL Education Group, and Think & 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 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. |
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SOURCE Technavio
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