The blended learning market size has grown rapidly in recent years. It will grow from $22.05 billion in 2023 to $24.83 billion in 2024 at a compound annual growth rate (CAGR) of 12.6%. The increase observed in the historical period can be credited to factors such as the availability of the internet, investment in educational policies, the desire for adaptable learning methods, corporate initiatives supporting continual learning, and advancements in educational technology and research.
The blended learning market size is expected to see rapid growth in the next few years. It will grow to $40.47 billion in 2028 at a compound annual growth rate (CAGR) of 13%. The growth anticipated in the forecast period can be linked to advancements in technology, governmental initiatives and financial backing, evolving educational requirements, cost-efficient solutions, and the necessities of workforce development. Noteworthy trends expected in this period encompass greater integration into K-12 education, corporate training enhancements, progress in educational technology solutions, the emergence of microlearning, and the expansion of mobile learning opportunities.
The upward trajectory of online learning is anticipated to propel the growth of the blended learning market in the future. Online learning, an educational process conducted over the Internet, is gaining momentum due to its flexibility, accessibility, and ability to accommodate diverse learning needs and schedules. This trend supports blended learning by offering a flexible and accessible platform for delivering educational content, engaging students in interactive learning activities, and facilitating communication and collaboration between teachers and students. For example, as reported by the World Economic Forum in January 2022, Coursera witnessed over 92 million new learners registering for its online courses in 2021, a significant increase from 71 million in 2020, marking a 29.6% rise. Notably, the Asia Pacific region boasted the largest student presence on the platform, with 28 million new online learners enrolling in 68 million courses, followed by North America, Europe, and Latin America. Hence, the surge in online learning is a driving force behind the growth of the blended learning market.
Key players in the blended learning market are intensifying their efforts to develop innovative products tailored to evolving educational needs and to enrich the learning experience. Blended learning laptops, for instance, are engineered to facilitate the blended learning approach, which combines online and in-person educational methods. These laptops typically feature robust internet connectivity, high-quality video conferencing capabilities, and interactive software. For instance, in January 2022, The Hewlett-Packard Company (HP), a US-based computer hardware company, introduced the HP Fortis portfolio, specifically crafted for blended learning environments. These devices are engineered to withstand the demands of active and mobile learners, offering durability and mobility essential for seamless blended learning experiences. The portfolio encompasses various devices, including laptops and Chromebooks, catering to diverse learning needs.
In June 2021, Skillsoft, a US-based educational technology company, completed the acquisition of Pluma for $22 million. This strategic move is aimed at augmenting Skillsoft's leadership development capabilities and incorporating a new modality into its blended learning model. Pluma, a US-based digital professional development and executive-quality coaching platform, specializes in offering blended learning solutions.
Major companies operating in the blended learning market are 2U Inc., Blackboard Inc., Udemy Inc., Coursera Inc., Articulate 360, Pluralsight LLC, D2L (Desire2Learn), Skillshare, Docebo Inc., Udacity Inc., Moodle, Absorb LMS, Teachable, Thinkific, Khan Academy, FutureLearn, LearnUpon, Knewton, Schoology, iSpring Solutions, TalentLMS, LearnWorlds, LinkedIn Learning, Google Classroom, Bridge, Mindflash LMS.
North America was the largest region in the blended learning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blended learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the blended learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Blended learning encompasses an educational strategy merging traditional in-person teaching with digital learning activities and resources online. This approach offers students a blend of classroom sessions and virtual learning opportunities, fostering a hybrid learning atmosphere that combines the advantages of both conventional and digital learning methodologies.
The primary categories of blended learning include hardware, content, systems, and solutions. Hardware pertains to the physical equipment and infrastructure necessary for facilitating blended learning setups. Various delivery methods, such as the enriched virtual model, face-to-face driver model, flex model, flipped model, online driver model, and rotation model, find application across pre-primary, primary, middle, and high school levels.
The blended learning market research report is one of a series of new reports that provides blended learning market statistics, including the blended learning industry global market size, regional shares, competitors with the blended learning market share, detailed blended learning market segments, market trends, and opportunities, and any further data you may need to thrive in the blended learning industry. These blended learning market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The blended learning market consists of revenues earned by entities by providing services such as student tracking, learning management, and professional development and training. The market value includes the value of related goods sold by the service provider or included within the service offering. The blended learning market also includes sales of computers, tablets, interactive whiteboards, projectors, and document cameras. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The blended learning market size is expected to see rapid growth in the next few years. It will grow to $40.47 billion in 2028 at a compound annual growth rate (CAGR) of 13%. The growth anticipated in the forecast period can be linked to advancements in technology, governmental initiatives and financial backing, evolving educational requirements, cost-efficient solutions, and the necessities of workforce development. Noteworthy trends expected in this period encompass greater integration into K-12 education, corporate training enhancements, progress in educational technology solutions, the emergence of microlearning, and the expansion of mobile learning opportunities.
The upward trajectory of online learning is anticipated to propel the growth of the blended learning market in the future. Online learning, an educational process conducted over the Internet, is gaining momentum due to its flexibility, accessibility, and ability to accommodate diverse learning needs and schedules. This trend supports blended learning by offering a flexible and accessible platform for delivering educational content, engaging students in interactive learning activities, and facilitating communication and collaboration between teachers and students. For example, as reported by the World Economic Forum in January 2022, Coursera witnessed over 92 million new learners registering for its online courses in 2021, a significant increase from 71 million in 2020, marking a 29.6% rise. Notably, the Asia Pacific region boasted the largest student presence on the platform, with 28 million new online learners enrolling in 68 million courses, followed by North America, Europe, and Latin America. Hence, the surge in online learning is a driving force behind the growth of the blended learning market.
Key players in the blended learning market are intensifying their efforts to develop innovative products tailored to evolving educational needs and to enrich the learning experience. Blended learning laptops, for instance, are engineered to facilitate the blended learning approach, which combines online and in-person educational methods. These laptops typically feature robust internet connectivity, high-quality video conferencing capabilities, and interactive software. For instance, in January 2022, The Hewlett-Packard Company (HP), a US-based computer hardware company, introduced the HP Fortis portfolio, specifically crafted for blended learning environments. These devices are engineered to withstand the demands of active and mobile learners, offering durability and mobility essential for seamless blended learning experiences. The portfolio encompasses various devices, including laptops and Chromebooks, catering to diverse learning needs.
In June 2021, Skillsoft, a US-based educational technology company, completed the acquisition of Pluma for $22 million. This strategic move is aimed at augmenting Skillsoft's leadership development capabilities and incorporating a new modality into its blended learning model. Pluma, a US-based digital professional development and executive-quality coaching platform, specializes in offering blended learning solutions.
Major companies operating in the blended learning market are 2U Inc., Blackboard Inc., Udemy Inc., Coursera Inc., Articulate 360, Pluralsight LLC, D2L (Desire2Learn), Skillshare, Docebo Inc., Udacity Inc., Moodle, Absorb LMS, Teachable, Thinkific, Khan Academy, FutureLearn, LearnUpon, Knewton, Schoology, iSpring Solutions, TalentLMS, LearnWorlds, LinkedIn Learning, Google Classroom, Bridge, Mindflash LMS.
North America was the largest region in the blended learning market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the blended learning market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the blended learning market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Blended learning encompasses an educational strategy merging traditional in-person teaching with digital learning activities and resources online. This approach offers students a blend of classroom sessions and virtual learning opportunities, fostering a hybrid learning atmosphere that combines the advantages of both conventional and digital learning methodologies.
The primary categories of blended learning include hardware, content, systems, and solutions. Hardware pertains to the physical equipment and infrastructure necessary for facilitating blended learning setups. Various delivery methods, such as the enriched virtual model, face-to-face driver model, flex model, flipped model, online driver model, and rotation model, find application across pre-primary, primary, middle, and high school levels.
The blended learning market research report is one of a series of new reports that provides blended learning market statistics, including the blended learning industry global market size, regional shares, competitors with the blended learning market share, detailed blended learning market segments, market trends, and opportunities, and any further data you may need to thrive in the blended learning industry. These blended learning market research reports deliver a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The blended learning market consists of revenues earned by entities by providing services such as student tracking, learning management, and professional development and training. The market value includes the value of related goods sold by the service provider or included within the service offering. The blended learning market also includes sales of computers, tablets, interactive whiteboards, projectors, and document cameras. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Blended Learning Market Characteristics3. Blended Learning Market Trends and Strategies32. Global Blended Learning Market Competitive Benchmarking33. Global Blended Learning Market Competitive Dashboard34. Key Mergers and Acquisitions in the Blended Learning Market
4. Blended Learning Market - Macro Economic Scenario
5. Global Blended Learning Market Size and Growth
6. Blended Learning Market Segmentation
7. Blended Learning Market Regional and Country Analysis
8. Asia-Pacific Blended Learning Market
9. China Blended Learning Market
10. India Blended Learning Market
11. Japan Blended Learning Market
12. Australia Blended Learning Market
13. Indonesia Blended Learning Market
14. South Korea Blended Learning Market
15. Western Europe Blended Learning Market
16. UK Blended Learning Market
17. Germany Blended Learning Market
18. France Blended Learning Market
19. Italy Blended Learning Market
20. Spain Blended Learning Market
21. Eastern Europe Blended Learning Market
22. Russia Blended Learning Market
23. North America Blended Learning Market
24. USA Blended Learning Market
25. Canada Blended Learning Market
26. South America Blended Learning Market
27. Brazil Blended Learning Market
28. Middle East Blended Learning Market
29. Africa Blended Learning Market
30. Blended Learning Market Competitive Landscape and Company Profiles
31. Blended Learning Market Other Major and Innovative Companies
35. Blended Learning Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Blended Learning Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on blended learning market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for blended learning? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The blended learning market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Hardware; Content; System; Solutions2) By Method Of Delivery: Enriched Virtual Model; Face-To-Face Driver Model; Flex Model; Flipped Model; Online Driver Model; Rotation Model
3) By Application: Pre-Primary School; Primary School; Middle School; High School
Key Companies Mentioned: 2U Inc.; Blackboard Inc.; Udemy Inc.; Coursera Inc.; Articulate 360
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- 2U Inc.
- Blackboard Inc.
- Udemy Inc.
- Coursera Inc.
- Articulate 360
- Pluralsight LLC
- D2L (Desire2Learn)
- Skillshare
- Docebo Inc.
- Udacity Inc.
- Moodle
- Absorb LMS
- Teachable
- Thinkific
- Khan Academy
- FutureLearn
- LearnUpon
- Knewton
- Schoology
- iSpring Solutions
- TalentLMS
- LearnWorlds
- LinkedIn Learning
- Google Classroom
- Bridge
- Mindflash LMS
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | August 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 24.83 Billion |
Forecasted Market Value ( USD | $ 40.47 Billion |
Compound Annual Growth Rate | 13.0% |
Regions Covered | Global |
No. of Companies Mentioned | 26 |