Digital Education Market Provides An In-Depth Industry Analysis With Current Trends And Future Estimations
MarketsandMarketsMajor factors expected to drive the growth of the digital education market include increased internet penetration around the world, reduced infrastructure cost, and increased scalability using online learning and growing demand for microlearning. Technological advancements such as virtual classrooms represent significant opportunity in near future for the companies that are currently offering online learning services.
The increasing adoption of IoT in various enterprises demand skilled workforce to handle the data through a variety of tools, techniques, and computer languages.
Flexibility of time and place and comparatively low cost are two key attraction points for the individual learners that attract them toward the online courses. Universities can greatly improve their effectiveness of their courses by availing online education to their students.
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Science and technology courses include computer science, health and medicine, engineering, chemistry, and physics. Computer science and programming deals with the experimentation and engineering of computational systems comprising algorithms. The increasing adoption of IoT in various enterprises demand skilled workforce to handle the data through a variety of tools, techniques, and computer languages.
The introduction of technology-efficient courses, such as interactive programming in Python, Analytics Edge, and Artificial Intelligence (AI), have supplemented the market growth for various digital education vendors, including Coursera, Udacity, FutureLearn, edX, and Kadenze.
Key and emerging market players in the US include Coursera (US), edX (US), Pluralsight (US), Edureka (India), Alison (Ireland), Udacity (US), Udemy (US), Miríadax (Spain), Jigsaw Academy (India), iversity (Germany), Intellipaat (India), Edmodo (US), FutureLearn (UK), LinkedIn (US), NovoEd (US), XuetangX (China), Federica EU (Italy), Linkstreet Learning (India), Khan Academy (US), and Kadenze (Spain). These players have adopted various strategies to grow in the digital education market.
