Blended Learning Market Size, Share, Growth Analysis, By Type(Online learning, Offline Learning), By Application(Education, Training, Others), By Region - Industry Forecast 2024-2031

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).