USD 5.14 million
Blended Learning Market Size, Share, Growth Analysis, By Type(Online learning, Offline Learning), By Application(Education, Training, Others), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG25R2008 |
Region:
Global |
Published Date: July, 2024
Pages:
201
|Tables:
62
|Figures:
75
Blended Learning Market Insights
Global Blended Learning Market size was valued at USD 5.14 million in 2021 and is poised to grow from USD 5.6 million in 2022 to USD 6.3 million by 2030, growing at a CAGR of 9% in the forecast period (2023-2030).
A mixture of the offline and online learning process is referred to as blended learning. It includes a multichannel method that combines tutor-led activities videos, online exercises, and in-person conversations and visuals. It provides a wide range of benefits, including deep topic comprehension and social learning through interaction with teachers and other students. Also, it provides companies with a number of advantages, including a quick return on investment and a cost- and time-effective method of training (ROI).
The growing popularity of e-learning materials, the rising acceptance of blended learning in corporate training, and the rising demand for online and hybrid courses are all contributing factors to the market expansion. The expansion of this industry, however, can be constrained by instructors' and students' lack of knowledge regarding blended learning.
US Blended Learning Market is poised to grow at a sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
Software
Fastest Growth
Software
Growth Rate
9% CAGR
Global Blended Learning Market ($ Mn)
Country Share for North America Region (%)
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Blended Learning Market Segmental Analysis
Global blended learning market is segmented on the basis of type, application, and region. By type, the Blended Learning Market is segmented into hardware and software. By application the Blended Learning Market is segmented on the basis of education, training, and others. By region, the Blended Learning Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Blended Learning Market Analysis by Type
The software segment dominated the global blended learning and is anticipated to maintain its dominance throughout the forecast period. Courses, content, and solutions are all included in blended learning software. For business organisations and educational institutions, a contemporary Learning Management System (LMS) can meet the demands of both traditional web-based training and Instructor-Led Training (ILT) from a single, centralised administrative interface. Every gifted or struggling student is given the opportunity to learn at their own pace with a blended learning solution because it primarily focuses on kids who are either below or above grade level. Consequently, the market growth is boosted by the four different types of models that blended learning software offers: rotation model, flex model, online lab model, and enriched virtual model.
Global Blended Learning Market By Type
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Blended Learning Market Regional Insights
North America region dominated the global market in 2022 and is expected to maintain its dominance throughout the forecast period. The expansion is attributed to a rise in demand for online learning programs. Favorable activities regarding e-learning and technology integration are accelerating the growth. For local affiliates to begin and expand their capacity to offer major professional learning opportunities by applying NEA's blended learning professional learning course offerings to its local affiliate members, the NEA provides high-quality grant funding (up to USD 3000 apiece).
Europe is also a significant market for blended learning, with countries such as the UK, Germany, and France being the major contributors. The growing demand for personalized learning experiences and the need for upskilling and reskilling the workforce are some of the key factors driving the growth of the blended learning market in this region.
The Asia-Pacific region is expected to witness the highest growth rate in the blended learning market. The increasing adoption of digital learning technologies, the rising demand for e-learning solutions in the education sector, and the need to provide cost-effective training solutions are some of the key factors driving the growth of the blended learning market in this region.
Global Blended Learning Market By Region
- Largest
- Fastest
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Blended Learning Market Dynamics
Blended Learning Market Drivers
Increasing Adoption of Digitization is expected to drive the market growth
- Digitization has grown significantly over the past few years across a variety of global industrial verticals, including the healthcare, manufacturing, and education sectors. As a result, there is a rising need for both online and offline learning processes to enhance learning techniques compared to traditional techniques.
- Blended learning platforms are also made possible by the growing benefits of digitizing learning processes, like detailed concept visualization, individualized doubt sessions, and lecture recording. For instance, 66% of students prefer to take classes online, according to a research by IDC. This enables an increase in demand for hybrid learning processes among all people throughout the world.
Blended Learning Market Restraints
Accessibility of open-source learning content
- Online course materials and associated services are needed for blended e-learning in order to support the online platform. Vendors operating in the blended e-learning environment face a serious challenge from open-source education. Massive open online courses (MOOCs) are different from standard offerings in that they either have a one-time price or require a subscription to access the content. With these open-source programs, anyone can sign up for free and use them indefinitely.
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Blended Learning Market Competitive Landscape
To acquire a competitive edge in the market for smart education and learning, vendors are concentrating on growing their customer base. As a result, vendors are engaging in a number of strategic activities with other important participants in the sector, including partnerships, acquisitions and mergers, and collaborations. For instance, in February 2019, the company ESM, which provides procure-to-pay technologies for higher smart education and learning, collaborated with the Ellucian Company L.P., a U.S.-based provider of IT services in the educational sector. Ellucian's cloud-based Ellucian Spend Management Suite, a procurement management solution, is expected to be expanded through this cooperation to include Ellucian Purchasing. Some of these major manufacturers involved in the production of blended learning include.
Blended Learning Market Top Player’s Company Profiles
- Pearson Education
- McGraw-Hill Education
- Blackboard Inc.
- Skillsoft Corporation
- D2L Corporation
- Cornerstone OnDemand Inc.
- NIIT Limited
- City & Guilds Group
- Saba Software Inc.
- GP Strategies Corporation
- Aptara Corporation
- Docebo Inc.
- Edmentum Inc.
- Growth Engineering Ltd.
- Promethean World Ltd.
- SweetRush Inc.
- Simplilearn Solutions Pvt. Ltd.
- Learning Technologies Group plc
- CrossKnowledge
- IMC AG
Blended Learning Market Recent Developments
- In 2022, DD2L Company launched a brightspace creator package. This package lets the user to engage in digital course content using integrated workflows into brightspace. This platform helps the course developer to save money, effort, and time.
- In 2022, a new feature was added on the Google Classroom platform. This platform enables the tutor to save time by adding grading data before the document is exported to the classroom.
Blended Learning Key Market Trends
- Learning that is customized and adaptable is made possible by the rising use of smartphones and tablets in a number of educational institutions. Mobile devices are utilized for more than just consuming information; they are also used for attending lectures, getting notifications and updates, and other educational activities, which has led to a rise in their importance among all relevant parties in the education sector.
- Many providers are concentrating on providing online learning content that can be accessible through mobile devices as learners are using mobile devices to access e-learning resources. Many vendors, including Promethean, produce their own interactive products as well as the material tailored to them.
Blended Learning Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates and Analyses the Data collected by means of Primary Exploratory Research backed by the robust Secondary Desk research.
According to the global blended learning market analysis, the growth of the blended learning market is driven by various factors such as the increasing adoption of digital learning technologies, the need for cost-effective training solutions, the demand for personalized and flexible learning experiences, and the rising need for upskilling and reskilling the workforce.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 5.14 million |
| Market size value in 2031 | USD 6.3 million |
| Growth Rate | 9% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Blended Learning Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Blended Learning Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Blended Learning Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Blended Learning Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Blended Learning Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Blended Learning Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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