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Digital Education Market Size

  • Report ID: GMI6270
  • Published Date: Jul 2023
  • Report Format: PDF

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Digital Education Market size

Digital Education Market size was valued at USD 17.8 billion in 2022 and is anticipated to grow at a CAGR of 28.5% between 2023 and 2032. The growing internet penetration is providing access to educational resources and courses, thereby fueling the market revenue. As more people gain internet connectivity, they can easily access e-learning platforms, virtual classrooms, and digital education content from anywhere. This increased accessibility has broken geographical barriers, reaching a broader audience including underserved and remote communities.

 

Digital Education Market

Additionally, improved internet speeds and reliability enhance the overall user experience, making digital education more appealing & effective, contributing to market growth and positive global impacts.

 

Security and privacy are significant concerns faced by the digital education market. As students and educators interact through online platforms, sensitive personal data & information are collected and stored. Without robust security measures, there is a risk of data breaches and unauthorized access to sensitive information, compromising student privacy. Additionally, cyber threats, such as hacking & phishing attempts, can target digital education systems, potentially disrupting learning, and eroding trust in online learning platforms. Ensuring data protection and implementing strong security measures are crucial to addressing these concerns.

Authors: Preeti Wadhwani, Anish Pathak

Frequently Asked Questions (FAQ) :

The market size of digital education reached USD 17.8 billion in 2022 and is projected to record over 28.5% CAGR from 2023 to 2032, owing to the growing internet penetration that is enabling access to educational resources and courses.

The self-paced online education segment held a market share of over 28.1% in 2022, due to its flexibility and convenience.

North America led the global digital education market accounted for 38% of revenue share in 2022 and will continue growing backed by the presence of a strong technological infrastructure and a high internet penetration.

Udemy Inc., BYJU's, Coursera, Datacamp Inc., Pluralsight LLC, Udacity, Inc., and Rosetta Stone.

Digital Education Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 16
  • Tables & Figures: 251
  • Countries covered: 18
  • Pages: 250
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