Table of Content

1 INTRODUCTION 33
1.1 STUDY OBJECTIVES 33
1.2 MARKET DEFINITION 33
1.2.1 INCLUSIONS AND EXCLUSIONS 33
1.3 MARKET SCOPE 34
1.3.1 MARKET SEGMENTATION 34
1.3.2 REGIONS COVERED 35
1.3.3 YEARS CONSIDERED 35
1.4 CURRENCY CONSIDERED 36
TABLE 1 USD EXCHANGE RATES, 2019–2022 36
1.5 STAKEHOLDERS 36
1.6 SUMMARY OF CHANGES 37
2 RESEARCH METHODOLOGY 38
2.1 RESEARCH DATA 38
FIGURE 1 DIGITAL EDUCATION MARKET: RESEARCH DESIGN 38
2.1.1 SECONDARY DATA 39
2.1.2 PRIMARY DATA 40
2.1.2.1 Breakup of primary profiles 40
FIGURE 2 BREAKUP OF PRIMARY INTERVIEWS: BY COMPANY TYPE, DESIGNATION, AND REGION 40
2.1.2.2 Primary respondents 41
TABLE 2 PRIMARY RESPONDENTS: DIGITAL EDUCATION MARKET 41
2.1.2.3 Key industry insights 41
2.2 DATA TRIANGULATION 42
2.3 MARKET SIZE ESTIMATION 43
FIGURE 3 DIGITAL EDUCATION MARKET: TOP-DOWN AND BOTTOM-UP APPROACHES 43
2.3.1 SUPPLY-SIDE APPROACH 43
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 1 (SUPPLY SIDE): REVENUE OF SERVICES FROM VENDORS 44
FIGURE 5 BOTTOM-UP APPROACH (SUPPLY SIDE): COLLECTIVE REVENUE OF DIGITAL EDUCATION VENDORS 45
FIGURE 6 ESTIMATION USING CAGR PROJECTIONS FROM SUPPLY SIDE 46
2.3.2 DEMAND-SIDE APPROACH 46
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY APPROACH 2 (BOTTOM-UP): REVENUE GENERATED BY VENDORS FROM EACH APPLICATION 47
FIGURE 8 MARKET PROJECTIONS FROM DEMAND SIDE 47
2.4 MARKET FORECAST: FACTOR IMPACT ANALYSIS 48
TABLE 3 FACTOR ANALYSIS 48
2.4.1 RECESSION IMPACT ANALYSIS 49
2.5 RESEARCH ASSUMPTIONS 49
2.6 RESEARCH LIMITATIONS 51
FIGURE 9 RESEARCH LIMITATIONS 51
3 EXECUTIVE SUMMARY 52
FIGURE 10 GLOBAL DIGITAL EDUCATION MARKET, 2020–2028 (USD MILLION) 52
3.1 DIGITAL EDUCATION MARKET: OVERVIEW OF RECESSION IMPACT 53
FIGURE 11 FASTEST-GROWING SEGMENTS IN DIGITAL EDUCATION MARKET, 2023–2028 53
FIGURE 12 ACADEMIC INSTITUTIONS SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 54
FIGURE 13 SELF-PACED ONLINE EDUCATION SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 55
FIGURE 14 SCIENCE & TECHNOLOGY COURSES SEGMENT TO DOMINATE COURSE TYPE MARKET TILL 2028 55
FIGURE 15 DIGITAL EDUCATION MARKET: REGIONAL SNAPSHOT 56
4 PREMIUM INSIGHTS 57
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN DIGITAL EDUCATION 57
FIGURE 16 INCREASED INTERNET PENETRATION AND REDUCED INFRASTRUCTURE COST TO DRIVE DIGITAL EDUCATION MARKET 57
4.2 DIGITAL EDUCATION MARKET, BY END USER, 2023 VS. 2028 58
FIGURE 17 ACADEMIC INSTITUTIONS SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD 58
4.3 DIGITAL EDUCATION MARKET, BY TYPE, 2023 VS. 2028 58
FIGURE 18 SELF-PACED ONLINE EDUCATION SEGMENT TO HOLD LARGER MARKET SHARE DURING FORECAST PERIOD 58
4.4 DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023 VS. 2028 59
FIGURE 19 SCIENCE & TECHNOLOGY COURSES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD 59
4.5 DIGITAL EDUCATION MARKET: REGIONAL SCENARIO, 2023–2028 59
FIGURE 20 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 59
FIGURE 21 DIGITAL EDUCATION MARKET IN JAPAN TO GROW AT HIGHEST RATE DURING FORECAST PERIOD 60
5 MARKET OVERVIEW AND INDUSTRY TRENDS 61
5.1 INTRODUCTION 61
5.2 MARKET DYNAMICS 61
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: DIGITAL EDUCATION MARKET 61
5.2.1 DRIVERS 62
5.2.1.1 Growing internet penetration 62
FIGURE 23 GLOBAL INTERNET PENETRATION: PERCENTAGE OF POPULATION 62
5.2.1.2 Reduced infrastructure cost and increased scalability using online learning 62
5.2.1.3 Increased self-efficacy, greater convenience, and more flexibility 63
5.2.1.4 Rising demand for microlearning 63
5.2.1.5 Remote access anytime, anywhere 64
5.2.2 RESTRAINTS 64
5.2.2.1 Lack of face-to-face interaction and direct monitoring 64
5.2.2.2 Health concerns due to more screen time 64
5.2.3 OPPORTUNITIES 64
5.2.3.1 Rising demand for game-based learning 64
5.2.3.2 Growing inclination toward adaptive learning 65
5.2.4 CHALLENGES 65
5.2.4.1 Unreliable infrastructure in developing countries 65
5.2.4.2 Need for additional training 65
5.3 CASE STUDY ANALYSIS 66
5.3.1 CASE STUDY 1: ADOBE PARTNERED WITH COURSERA TO OFFER AI AND ML EDUCATION TO ENGINEERS 66
5.3.2 CASE STUDY 2: NTT DATA LEVERAGED UDEMY BUSINESS TO ELEVATE TECHNICAL AND PROFESSIONAL KNOWLEDGE OF EMPLOYEES 66
5.3.3 CASE STUDY 3: LEGO GROUP LEVERAGED LINKEDIN LEARNING FOR BUSINESS 67
5.3.4 CASE STUDY 4: TEAMHEALTH PARTNERED WITH PLURALSIGHT TO DEVELOP FIRST-EVER INNOVATION LAB WITH PLURALSIGHT SKILLS 67
5.3.5 CASE STUDY 5: REINVENTING AND SIMPLIFYING ELEARNING FOR FRONTLINE WORKERS 68
5.3.6 CASE STUDY 6: IT TEAM TRAINED ON RECENT UPGRADES AND TRENDS WITH UDEMY BUSINESS 68
5.4 ECOSYSTEM ANALYSIS 69
FIGURE 24 DIGITAL EDUCATION MARKET: ECOSYSTEM 70
TABLE 4 DIGITAL EDUCATION MARKET: ECOSYSTEM 70
5.5 SUPPLY CHAIN ANALYSIS 74
FIGURE 25 SUPPLY CHAIN ANALYSIS: DIGITAL EDUCATION MARKET 74
5.5.1 CONTENT CREATORS 74
5.5.2 PLATFORM PROVIDERS 74
5.5.3 END USERS 75
5.6 PORTER’S FIVE FORCES ANALYSIS 75
TABLE 5 PORTER’S FIVE FORCES ANALYSIS: DIGITAL EDUCATION MARKET 75
FIGURE 26 PORTER’S FIVE FORCES ANALYSIS: DIGITAL EDUCATION MARKET 75
5.6.1 THREAT OF NEW ENTRANTS 76
5.6.2 THREAT OF SUBSTITUTES 76
5.6.3 BARGAINING POWER OF SUPPLIERS 76
5.6.4 BARGAINING POWER OF BUYERS 76
5.6.5 INTENSITY OF COMPETITIVE RIVALRY 76
5.7 KEY STAKEHOLDERS AND BUYING CRITERIA 77
5.7.1 KEY STAKEHOLDERS IN BUYING PROCESS 77
FIGURE 27 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS 77
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP END USERS (%) 77
5.7.2 BUYING CRITERIA 78
FIGURE 28 KEY BUYING CRITERIA FOR TOP END USERS 78
TABLE 7 KEY BUYING CRITERIA FOR TOP END USERS 78
5.8 TECHNOLOGY ANALYSIS 79
5.8.1 CLOUD/SOFTWARE AS A SERVICE 79
5.8.2 AI 79
5.8.3 ML 79
5.8.4 INTERNET OF THINGS TECHNOLOGY 80
5.9 PRICING ANALYSIS 80
TABLE 8 DIGITAL EDUCATION MARKET: PRICING LEVELS 80
5.9.1 AVERAGE SELLING PRICE TREND 81
5.10 PATENT ANALYSIS 81
FIGURE 29 NUMBER OF PATENT DOCUMENTS PUBLISHED, 2012–2022 81
FIGURE 30 TOP FIVE PATENT OWNERS (GLOBAL) 82
TABLE 9 TOP 10 PATENT APPLICANTS 82
5.11 REGULATORY LANDSCAPE 83
5.11.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 10 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 11 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 83
TABLE 12 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
TABLE 13 REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 84
5.11.2 REGULATIONS, BY REGION 85
5.11.2.1 North America 85
5.11.2.2 Europe 86
5.11.2.3 Asia Pacific 87
5.11.2.4 Middle East & South Africa 87
5.11.2.5 Latin America 87
5.12 TRENDS/DISRUPTIONS IMPACTING BUYERS 88
FIGURE 31 TRENDS/DISRUPTIONS IMPACTING BUYERS 88
5.13 KEY CONFERENCES AND EVENTS IN 2023-2024 89
TABLE 14 DIGITAL EDUCATION MARKET: DETAILED LIST OF CONFERENCES AND EVENTS 89
6 DIGITAL EDUCATION MARKET, BY TYPE 90
6.1 INTRODUCTION 91
FIGURE 32 INSTRUCTOR-LED ONLINE EDUCATION SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 91
6.1.1 DRIVERS: DIGITAL EDUCATION MARKET, BY TYPE 91
6.1.1.1 Self-paced online education 91
6.1.1.2 Instructor-led online education 91
TABLE 15 DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 92
TABLE 16 DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 92
6.1.2 SELF-PACED ONLINE EDUCATION 92
6.1.2.1 Convenience and customization to draw end users 92
TABLE 17 SELF-PACED ONLINE EDUCATION MARKET, BY REGION, 2019–2022 (USD MILLION) 92
TABLE 18 SELF-PACED ONLINE EDUCATION MARKET, BY REGION, 2023–2028 (USD MILLION) 93
6.1.3 INSTRUCTOR-LED ONLINE EDUCATION 93
6.1.3.1 Availability of one-to-one interactions, Q&A sessions, and doubt clearance to foster adoption 93
TABLE 19 INSTRUCTOR-LED ONLINE EDUCATION MARKET, BY REGION, 2019–2022 (USD MILLION) 93
TABLE 20 INSTRUCTOR-LED ONLINE EDUCATION MARKET, BY REGION, 2023–2028 (USD MILLION) 94
7 DIGITAL EDUCATION MARKET, BY COURSE TYPE 95
7.1 INTRODUCTION 96
FIGURE 33 SCIENCE & TECHNOLOGY COURSES TO GROW AT HIGHEST CAGR 96
7.1.1 DRIVERS: DIGITAL EDUCATION MARKET, BY COURSE TYPE 96
7.1.1.1 Science and technology courses 96
7.1.1.2 Entrepreneurship & business management courses 96
7.1.1.3 Other courses 97
TABLE 21 DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 97
TABLE 22 DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 97
7.1.2 SCIENCE & TECHNOLOGY COURSES 97
7.1.2.1 Higher demand for technical courses to ensure market growth 97
TABLE 23 DIGITAL EDUCATION MARKET FOR SCIENCE & TECHNOLOGY COURSES, BY REGION, 2019–2022 (USD MILLION) 98
TABLE 24 DIGITAL EDUCATION MARKET FOR SCIENCE & TECHNOLOGY COURSES, BY REGION, 2023–2028 (USD MILLION) 98
7.1.3 ENTREPRENEURSHIP & BUSINESS MANAGEMENT COURSES 98
7.1.3.1 Growing demand from individuals to upgrade management skills to boost market 98
TABLE 25 DIGITAL EDUCATION MARKET FOR ENTREPRENEURSHIP & BUSINESS MANAGEMENT COURSES, BY REGION, 2019–2022 (USD MILLION) 99
TABLE 26 DIGITAL EDUCATION MARKET FOR ENTREPRENEURSHIP & BUSINESS MANAGEMENT COURSES, BY REGION, 2023–2028 (USD MILLION) 99
7.1.4 OTHER COURSES 99
TABLE 27 DIGITAL EDUCATION MARKET FOR OTHER COURSES, BY REGION, 2019–2022 (USD MILLION) 100
TABLE 28 DIGITAL EDUCATION MARKET FOR OTHER COURSES, BY REGION, 2023–2028 (USD MILLION) 100
8 DIGITAL EDUCATION MARKET, BY END USER 101
8.1 INTRODUCTION 102
FIGURE 34 ACADEMIC INSTITUTIONS TO SHOW HIGHEST GROWTH 102
8.1.1 DRIVERS: DIGITAL EDUCATION MARKET, BY END USER 102
8.1.1.1 Academic institutions 102
8.1.1.2 Enterprises and public sector 103
TABLE 29 DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 103
TABLE 30 DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 103
8.1.2 ACADEMIC INSTITUTIONS 103
8.1.2.1 Adoption of virtual learning to significantly boost market growth 103
TABLE 31 DIGITAL EDUCATION MARKET FOR ACADEMIC INSTITUTIONS, BY REGION, 2019–2022 (USD MILLION) 104
TABLE 32 DIGITAL EDUCATION MARKET FOR ACADEMIC INSTITUTIONS, BY REGION, 2023–2028 (USD MILLION) 104
8.1.3 ENTERPRISES & PUBLIC SECTOR 104
8.1.3.1 Need to upgrade employee skills/upskill employees to propel adoption 104
TABLE 33 DIGITAL EDUCATION MARKET FOR ENTERPRISES & PUBLIC SECTOR, BY REGION, 2019–2022 (USD MILLION) 105
TABLE 34 DIGITAL EDUCATION MARKET FOR ENTERPRISES & PUBLIC SECTOR, BY REGION, 2023–2028 (USD MILLION) 105
9 DIGITAL EDUCATION MARKET, BY REGION 106
9.1 INTRODUCTION 107
FIGURE 35 NORTH AMERICA TO LEAD DIGITAL EDUCATION MARKET DURING FORECAST PERIOD 107
TABLE 35 DIGITAL EDUCATION MARKET, BY REGION, 2019–2022 (USD MILLION) 107
TABLE 36 DIGITAL EDUCATION MARKET, BY REGION, 2023–2028 (USD MILLION) 108
9.2 NORTH AMERICA 108
9.2.1 NORTH AMERICA: DIGITAL EDUCATION MARKET DRIVERS 108
9.2.2 NORTH AMERICA: RECESSION IMPACT 109
FIGURE 36 NORTH AMERICA: MARKET SNAPSHOT 110
TABLE 37 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 110
TABLE 38 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 110
TABLE 39 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 111
TABLE 40 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 111
TABLE 41 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 111
TABLE 42 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 111
TABLE 43 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 112
TABLE 44 NORTH AMERICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 112
9.2.3 US 112
9.2.3.1 Advanced IT infrastructure, presence of many enterprises, and availability of technical expertise to boost market 112
TABLE 45 US: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 113
TABLE 46 US: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 113
TABLE 47 US: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 113
TABLE 48 US: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 113
TABLE 49 US: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 114
TABLE 50 US: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 114
9.2.4 CANADA 114
9.2.4.1 Low cost of university education in Canada to attract large student population 114
TABLE 51 CANADA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 115
TABLE 52 CANADA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 115
TABLE 53 CANADA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 115
TABLE 54 CANADA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 115
TABLE 55 CANADA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 116
TABLE 56 CANADA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 116
9.3 EUROPE 116
9.3.1 EUROPE: DIGITAL EDUCATION MARKET DRIVERS 116
9.3.2 EUROPE: RECESSION IMPACT 117
TABLE 57 EUROPE: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 118
TABLE 58 EUROPE: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 118
TABLE 59 EUROPE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 118
TABLE 60 EUROPE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 118
TABLE 61 EUROPE: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 119
TABLE 62 EUROPE: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 119
TABLE 63 EUROPE: DIGITAL EDUCATION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 119
TABLE 64 EUROPE: DIGITAL EDUCATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 119
9.3.3 UK 120
9.3.3.1 Growing adoption of cloud and AI technologies to increase interest in digital education solutions 120
TABLE 65 UK: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 120
TABLE 66 UK: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 120
TABLE 67 UK: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 120
TABLE 68 UK: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 121
TABLE 69 UK: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 121
TABLE 70 UK: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 121
9.3.4 GERMANY 121
9.3.4.1 Early adoption of 5G and well-established infrastructure to favor market 121
TABLE 71 GERMANY: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 122
TABLE 72 GERMANY: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 122
TABLE 73 GERMANY: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 122
TABLE 74 GERMANY: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 122
TABLE 75 GERMANY: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 123
TABLE 76 GERMANY: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 123
9.3.5 FRANCE 123
9.3.5.1 Strong innovation environment and high internet penetration to boost growth 123
TABLE 77 FRANCE: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 123
TABLE 78 FRANCE: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 124
TABLE 79 FRANCE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 124
TABLE 80 FRANCE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 124
TABLE 81 FRANCE: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 124
TABLE 82 FRANCE: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 125
9.3.6 REST OF EUROPE 125
TABLE 83 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 125
TABLE 84 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 125
TABLE 85 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 126
TABLE 86 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 126
TABLE 87 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 126
TABLE 88 REST OF EUROPE: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 126
9.4 ASIA PACIFIC 127
9.4.1 ASIA PACIFIC: DIGITAL EDUCATION MARKET DRIVERS 127
9.4.2 ASIA PACIFIC: RECESSION IMPACT 128
FIGURE 37 ASIA PACIFIC: MARKET SNAPSHOT 129
TABLE 89 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 129
TABLE 90 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 130
TABLE 91 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 130
TABLE 92 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 130
TABLE 93 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 130
TABLE 94 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 131
TABLE 95 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 131
TABLE 96 ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 131
9.4.3 JAPAN 131
9.4.3.1 Advanced ICT capabilities to bolster market 131
TABLE 97 JAPAN: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 132
TABLE 98 JAPAN: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 132
TABLE 99 JAPAN: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 132
TABLE 100 JAPAN: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 132
TABLE 101 JAPAN: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 133
TABLE 102 JAPAN: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 133
9.4.4 CHINA 133
9.4.4.1 China to dominate digital education market 133
TABLE 103 CHINA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 134
TABLE 104 CHINA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 134
TABLE 105 CHINA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 134
TABLE 106 CHINA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 134
TABLE 107 CHINA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 135
TABLE 108 CHINA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 135
9.4.5 INDIA 135
9.4.5.1 Digital India initiative to support digital education sector 135
TABLE 109 INDIA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 136
TABLE 110 INDIA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 136
TABLE 111 INDIA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 136
TABLE 112 INDIA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 136
TABLE 113 INDIA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 137
TABLE 114 INDIA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 137
9.4.6 AUSTRALIA 137
9.4.6.1 Shift to advanced digital education solutions to boost digital education requirements among large enterprises 137
TABLE 115 AUSTRALIA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 137
TABLE 116 AUSTRALIA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 138
TABLE 117 AUSTRALIA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 138
TABLE 118 AUSTRALIA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 138
TABLE 119 AUSTRALIA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 138
TABLE 120 AUSTRALIA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 139
9.4.7 REST OF ASIA PACIFIC 139
TABLE 121 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 139
TABLE 122 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 139
TABLE 123 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 140
TABLE 124 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 140
TABLE 125 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 140
TABLE 126 REST OF ASIA PACIFIC: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 140
9.5 MIDDLE EAST & AFRICA 141
9.5.1 MIDDLE EAST AND AFRICA: DIGITAL EDUCATION MARKET DRIVERS 141
9.5.2 MIDDLE EAST AND AFRICA: RECESSION IMPACT 142
TABLE 127 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 142
TABLE 128 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 142
TABLE 129 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 143
TABLE 130 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 143
TABLE 131 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 143
TABLE 132 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 143
TABLE 133 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 144
TABLE 134 MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 144
9.5.3 UAE 144
9.5.3.1 UAE market to show highest CAGR over forecast period 144
TABLE 135 UAE: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 144
TABLE 136 UAE: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 145
TABLE 137 UAE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 145
TABLE 138 UAE: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 145
TABLE 139 UAE: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 145
TABLE 140 UAE: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 146
9.5.4 KSA 146
9.5.4.1 Saudi Arabia to hold largest market share in Middle East & Africa 146
TABLE 141 KSA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 146
TABLE 142 KSA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 146
TABLE 143 KSA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 146
TABLE 144 KSA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 147
TABLE 145 KSA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 147
TABLE 146 KSA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 147
9.5.5 REST OF MIDDLE EAST & AFRICA 147
TABLE 147 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 148
TABLE 148 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 148
TABLE 149 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 148
TABLE 150 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 148
TABLE 151 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 149
TABLE 152 REST OF MIDDLE EAST & AFRICA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 149
9.6 LATIN AMERICA 149
9.6.1 LATIN AMERICA: DIGITAL EDUCATION MARKET DRIVERS 150
9.6.2 LATIN AMERICA: RECESSION IMPACT 150
TABLE 153 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 150
TABLE 154 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 151
TABLE 155 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 151
TABLE 156 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 151
TABLE 157 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 151
TABLE 158 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 152
TABLE 159 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2019–2022 (USD MILLION) 152
TABLE 160 LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 152
9.6.3 BRAZIL 153
9.6.3.1 High FDI and presence of large enterprises to drive digital education market 153
TABLE 161 BRAZIL: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 153
TABLE 162 BRAZIL: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 153
TABLE 163 BRAZIL: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 153
TABLE 164 BRAZIL: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 154
TABLE 165 BRAZIL: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 154
TABLE 166 BRAZIL: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 154
9.6.4 MEXICO 155
9.6.4.1 Advancements in mobile communications and high internet penetration to boost growth of digital education 155
TABLE 167 MEXICO: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 155
TABLE 168 MEXICO: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 155
TABLE 169 MEXICO: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 155
TABLE 170 MEXICO: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 156
TABLE 171 MEXICO: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 156
TABLE 172 MEXICO: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 156
9.6.5 REST OF LATIN AMERICA 156
TABLE 173 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2019–2022 (USD MILLION) 157
TABLE 174 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY TYPE, 2023–2028 (USD MILLION) 157
TABLE 175 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2019–2022 (USD MILLION) 157
TABLE 176 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY COURSE TYPE, 2023–2028 (USD MILLION) 157
TABLE 177 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2019–2022 (USD MILLION) 158
TABLE 178 REST OF LATIN AMERICA: DIGITAL EDUCATION MARKET, BY END USER, 2023–2028 (USD MILLION) 158
10 COMPETITIVE LANDSCAPE 159
10.1 INTRODUCTION 159
10.2 MARKET SHARE OF TOP VENDORS 159
TABLE 179 INTENSITY OF COMPETITIVE RIVALRY 159
FIGURE 38 MARKET SHARE ANALYSIS, 2022 160
10.3 REVENUE ANALYSIS OF TOP FIVE VENDORS 161
FIGURE 39 REVENUE ANALYSIS OF TOP FIVE VENDORS, 2018–2022 (USD MILLION) 161
10.4 COMPANY EVALUATION QUADRANT, 2022 161
10.4.1 DEFINITIONS AND METHODOLOGY 161
FIGURE 40 KEY PLAYER EVALUATION QUADRANT: CRITERIA WEIGHTAGE 162
10.4.2 STARS 162
10.4.3 EMERGING LEADERS 162
10.4.4 PERVASIVE PLAYERS 163
10.4.5 PARTICIPANTS 163
FIGURE 41 COMPANY EVALUATION QUADRANT, 2022 164
TABLE 180 COMPANY FOOTPRINT (TOP 10 PLAYERS) 165
10.5 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES, 2022 166
10.5.1 DEFINITION AND METHODOLOGY 166
FIGURE 42 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES: CRITERIA WEIGHTAGE 166
10.5.2 PROGRESSIVE COMPANIES 166
10.5.3 RESPONSIVE COMPANIES 167
10.5.4 DYNAMIC COMPANIES 167
10.5.5 STARTING BLOCKS 167
FIGURE 43 COMPANY EVALUATION QUADRANT FOR STARTUPS/SMES, 2022 167
10.6 COMPETITIVE BENCHMARKING FOR STARTUPS/SMES 168
TABLE 181 COMPETITIVE BENCHMARKING FOR STARTUPS/SMES 168
TABLE 182 ANALYSIS OF KEY STARTUPS/SMES 169
10.7 COMPANY FINANCIAL METRICS 169
FIGURE 44 COMPANY FINANCIAL METRICS, 2022 169
10.8 GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS 170
FIGURE 45 DIGITAL EDUCATION: GLOBAL SNAPSHOT OF KEY MARKET PARTICIPANTS, 2022 170
10.9 COMPETITIVE SCENARIO 171
10.9.1 PRODUCT LAUNCHES AND ENHANCEMENTS 171
TABLE 183 DIGITAL EDUCATION MARKET: PRODUC