NEW YORK, The K-12 Blended E-learning Market Share is expected to increase by USD 19.59 billion from 2020 to 2025, with an accelerated CAGR of 17.52%- according to the recent market study by Technavio.
The report provides a detailed analysis of drivers & opportunities, top winning strategies, competitive scenario, future market trends, market size & estimations, and major investment pockets.
K-12 Blended E-learning Market Facts at a Glance-
Total Pages: 120Companies: 10+ – Including D2L Corp., Docebo Inc., Houghton Mifflin Harcourt Co., Instructure Inc., Pearson Plc, Promethean Ltd., Providence Equity Partners LLC, Scholastic Inc., Stride Inc., and Think and Learn Pvt. Ltd. among othersCoverage: Key drivers, trends, and challenges; Product insights & news; Value chain analysis; Parent market analysis; Vendor landscape; COVID impact & recovery analysisSegments: Product (hardware, content, system, solutions, and others)Geographies: North America (US and Canada), APAC (China and Japan), Europe (UK), South America, and MEA
Vendor Insights-
The K-12 blended e-learning market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
D2L Corp.- The company offers K-12 blended e-learning solutions under the brand name of Brightspace, a learning management system that discovers innovative ways to engage students, creating exceptional experiences and outcomes.Houghton Mifflin Harcourt Co.- The company offers K-12 blended e-learning solutions that creates more moments of a breakthrough by finding relevant content from free classroom resources to expert advice.Instructure Inc.- The company offers K-12 blended e-learning solutions under the brand name of Canvas, a learning management system that keeps teachers, students, and families connected, learning, and communicating from everywhere.
Regional Market Outlook
36% of the market’s growth will originate from North America during the forecast period. US and Canada are the key markets for K-12 blended e-learning in North America. Market growth in this region will be faster than the growth of the market in the South American and MEA regions.
The high Internet penetration in the region and the heavy emphasis being given to e-learning and blended e-learning will facilitate the K-12 blended e-learning market growth in North America over the forecast period.
Latest Drivers & Trends of the Market-
K-12 Blended E-learning Market Driver:Need for cost-effective teaching models:
The blended e-learning approach provides a large amount of cost savings to the learners and the institutions. In countries like the US, the emergence of virtual schools is helping students manage learning costs, as content is significantly available in the digital form that can be regenerated. For institutions, apart from the upfront costs, the intangible benefits are high as faculty can automate administrative tasks and focus on personalized learning of students. The e-learning model is also beneficial for teachers and trainers as it enables them to reach out and deliver knowledge to a wider audience. The introduction of cloud-based LMS further reduces the cost of creating, managing, storing, and delivering the content to the learners. This reduces the dependency on large publishers and helps the faculty in creating and managing diversified and interactive content for the K-12 segment. The cost efficiencies that can be achieved by vendors and the growing number of affordable online courses that can be accessed by customers will further fuel the growth of the market.K-12 Blended E-learning Market Trend:Emergence of learning via mobile devices:
The increase in the adoption of smartphones and tablet devices across several educational institutions enables personalized and flexible learning. Mobile devices are used not just for content absorption but also for attending lectures, receiving alerts and updates, and other educational activities, resulting in their rising importance among all the stakeholders in the education industry. The increasing awareness about the uses of mobile devices such as smartphones, tablets, and wearable devices, and the growing number of tech-savvy students have resulted in the mainstreaming of mobile devices in the education market. A blended e-learning approach consists of online and offline learning. In order to learn online, the students need to have access to the content via their mobile devices. Hence, mobile devices form a fundamental part of the blended e-learning process.
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