What Is The Projected Market Size And Growth Rate Of The Blended E-learning Market?

Blended E-learning Market – Introduction

  • Blended E-learning market is a learning approach that combines traditional in-person learning and e-learning solutions. The blended e-learning program provides the digital facilitation platform for peer-to-peer discussions that comprise monthly, weekly assignments for a better learning experience.
  • Blended learning is also known as hybrid learning process where a student can attend the actual classroom and complete the learning on online multimedia coursework. Most universities are adopting blended e-learning for providing better digital learning materials with digital platforms to enhance knowledge.
  • Some enterprises are adopting blended e-learning solutions for learning/training programs that help the participant to get help from e-learning communities and online content. This solution helps students to forge relationships with teachers, students, and colleagues through networking and face-to-face interactions.
  • Companies and educational institutes are increasing the adoption of advanced learning systems, which is expected to increase the demand for blended e-learning systems during the forecast period.  

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Key Drivers of the Blended E-learning Market

  • Increasing adoption of advanced offline and online learning systems for students and working professionals is expected to drive the blended e-learning market during the forecast period.
  • Increasing adoption of mobile-based education learning and availability of education content on digital platforms is expected to boost the blended e-learning market
  • Software companies are collaborating with other technologically advanced companies to consolidate their position in the market and provide advanced solutions in education learning and blended e-learning solutions. This is expected to offer significant revenue and customer base expansion opportunities to solution providers of blended e-learning.  

Lack of IT infrastructure in education technology in developing and underdeveloped countries expected to hinder growth of the market

  • Lack of IT infrastructure facilities or education systems and low technology adoption in underdeveloped and developing countries are key factors that restrain the blended e-learning market
  • Lack of a skilled workforce in the e-learning education system to develop tools and services for educational content is also expected to hamper the blended e-learning market.

Impact of COVID-19 on the Global Blended E-learning Market

  • The increasing impact of COVID-19 on the education system is spurring the demand for more advanced education systems in schools, colleges, and corporate sectors to provide distance learning and e-learning platforms in lockdown conditions. Furthermore, the ever-increasing threat of COVID-19 is projected to increase the demand for blended e-learning solutions to manage all e-learning content and course training processes.

North America to Hold Major Share of the Global Blended E-learning Market

  • North America held a prominent share of the global blended e-learning market due to increasing adoption of e-learning platforms and hybrid learning systems for better educational results and convenience.
  • The blended e-learning market in Asia Pacific and Europe is expected to expand at a rapid pace during the forecast period due to increasing technological investment in educational solutions and products by major players to provide advanced solutions during the COVID-19 period across these regions.

Key Players Operating in the Global Blended E-learning Market

  • Cisco Systems, Inc.

Cisco System, Inc. is a global provider of Internet Protocol (IP)-based networking technologies. The company offers routing and switching solutions, IP telephony, optical networking, security, storage, and networking, and wireless technology. The company offers a solution for hybrid learning environment solutions and blended distance learning solutions for commercial sectors.

  • Pearson Education, Inc.

Pearson Education, Inc. is a global provider of online learning solutions. The company offers solutions in clinical & classroom assessment, international school services, online and blended e-learning services, and virtual school solutions.

Other key players operating in the global blended e-learning market include Allen Interactions Inc., Aptara Inc., Articulate Global, Inc., The City & Guilds Group, D2L Corporation, Docebo S.p.A., GP Strategies Corporation, and MPS Interactive Systems Limited.

Global Blended E-learning Market: Research Scope

Global Blended E-learning Market, by Type

  • Offline Learning
  • Online Learning

Global Blended E-learning Market, by Application

  • Educational Institutes
  • Corporate Training
  • Public Education
  • Others

Alternative Keywords

  • ELearning Management System
  • ELearning Software & Platform

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