Digital Education Market Size, Share, Growth and Analysis

Major 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.

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. Companies have started relying on digital education platforms to upskill their workforce; hence, computer science and programming courses have witnessed an increased adoption in the past couple of years.

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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.

Though large number of universities and educational institutions still run the traditional educational models, many of them are adopting to this change.

In addition, the need to enhance the skillsets of the employees and the technicalities among students in the region are enforcing the universities and educational organizations to deploy digital education platforms and services. The US and Canada are expected to have the highest adoption rates of digital education platforms and services. The region is expected to grow and adopt new technologies at the fastest pace when compared to the rest of the world and dominate the overall digital education ecosystem.

Key and emerging market players in Digital Education Market and they are 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).