Industry Background:
Technological know-how used at schools, colleges, and universities has grown extra advanced, instructors are the use of a new technology of software program merchandise designed to get their college students to interact with their direction principles in new ways. Instead of studying a print textbook chapter on multiplying fractions, college students may also use their laptop computer to entire a lesson that consists of video demonstrations, exercise problems, and mini assessments to decide their talent stage and what they need to work on next. Digital mastering systems have the attainable to be an high quality mastering device for college students at many stages of education.
According to AMA Research, the market for Digital Learning Platforms is expected to register a CAGR of 19.0% during the forecast period to 2028. This growth is primarily driven by Growing demand for online English courses
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The IT Consulting & Other Services sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as BYJU’s (India), Dexler Education (India), Educomp Solutions (India), IGNOU (India), NIIT (India), Edukart (India), Simplilearn (United States), Zeus Learning (India), Meritnation (India) and Excelsoft Technologies Inc. (United States), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In December 2022, Instructure Holdings, Inc. has acquired of LearnPlatform, the leading provider of technology that enables educators and their institutions to research, select and evaluate digital learning solutions. This acquisition accelerates the impact of the Instructure Learning Platform for schools, universities, and shared partner providers by adding evidence-based insight into inventory, compliance, procurement, and usage.
In March 2020, the Ministry of Education and Science, Ministry of Labour and Social Policy, Bureau for Education Development and partners, UNICEF today announced an E-Classroom digital platform providing teachers with tools to support distance learning for children temporarily out of school during this pandemic situation.The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth.
Influencing Trend:
New technology of learning are developing
Market Growth Drivers:
Growing demand for online English courses and Increasing demand for high educational sectors
Challenges:
Slow internet connection and bad network
Restraints:
High cost effective associated with digital learning
Opportunities:
Lack of awareness regarding digital learning
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Digital Learning Platforms Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Digital Learning Platforms Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Digital Learning Platforms players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Digital Learning Platforms Study Sheds Light on
The Digital Learning Platforms Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Digital Learning Platforms industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Digital Learning Platforms industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.