Global Blended Learning Market

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 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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FAQs

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).

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. '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'

Digitization has grown significantly over the past few years across a variety of 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.

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.

North America region dominated the 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).

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Global Blended Learning Market

Report ID: SQMIG25R2008

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