What Is The Overview Of The Global Blended Learning Market?
Blended learning is an educational approach that combines traditional face-to-face instruction with online digital learning activities and resources. This learning model allows students to engage in a mix of in-person classroom sessions and online learning experiences, creating a hybrid learning environment that integrates the benefits of both traditional and digital learning methods.
Blended Learning Global Market Report 2024 provides data on the global blended learning market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The Blended Learning market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
How Is The Global Blended Learning Market Expected To Grow In Size And Annual Rates?
The blended learning market has expanded to $22.05 billion in 2023 and is expected to reach $24.83 billion in 2024 at a CAGR of 12.6%. Growth is attributed to improved internet access, educational policy funding, and demand for flexible learning. By 2028, the market is projected to grow to $40.47 billion at a CAGR of 13.0%, with increased adoption in K–12 and corporate training. Trends include advancements in EdTech, mobile learning, and the rise of microlearning approaches.
What Main Forces Are Fueling Expansion In The Blended Learning Market?
The growth of the blended learning market is expected to be driven by the rising trend of online learning. Online learning, which takes place over the Internet, is becoming popular due to its flexibility, accessibility, and ability to meet diverse learning needs and schedules. It supports blended learning by providing a flexible platform for educational content delivery, interactive activities, and communication between teachers and students. For instance, the World Economic Forum reported in January 2022 that Coursera saw more than 92 million new learners in 2021, up from 71 million in 2020, a 29.6% increase. The Asia Pacific region led with 28 million new learners enrolling in 68 million courses, followed by North America, Europe, and Latin America. Consequently, the trend of online learning is expected to drive the growth of the blended learning market.
Get Your Free Sample of the Global Blended Learning Market Report
What Are The Primary Segments In The Global Blended Learning Market?
The blended learning market covered in this report is segmented –
1) By Type: Hardware, Content, System, Solutions
2) 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
Which Key Trends Are Driving Changes In The Blended Learning Market?
Leading companies in the blended learning market are increasingly concentrating on developing cutting-edge products, such as blended learning laptops, to cater to evolving educational demands and enhance the overall learning experience. Blended learning laptops are designed to support the blended learning model, which integrates both online and in-person educational methods. These laptops typically feature robust internet connectivity, high-quality video conferencing capabilities, and interactive software. For example, in January 2022, Hewlett-Packard (HP), a US-based computer hardware firm, launched the HP Fortis portfolio, tailored specifically for blended learning environments. These devices are built to endure the rigors of active and mobile learners, offering the durability and mobility needed for seamless blended learning experiences. The portfolio includes various devices, such as laptops and Chromebooks, to meet diverse learning requirements.
What Is The Leading Region In The Blended Learning Market?
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.
