Overview:

The global digital education content market is valued for more than US$ XXX.X Mn in 2019 and expected to reach a value of US$ XXX.X Mn by 2029 with a significant CAGR of around XX.X% over the forecast period of 2019-2029. The educational content which can be used to publish via various online platforms for teaching and learning purpose is referred as digital education content. Also, the educational content which is available in digital format is called as digital education content. This includes digital textbooks or digital curriculum which is used for online learning or E-learning process.

Market Dynamics:

Increasing inclination of educational institutes towards development of digital curriculum and E-learning is a key factor driving growth of the global digital education content market. Also, rising demand from students for digital education content for easy learning process and for better understanding through audio video enabled content is another major factor resulting in growth of the target market.

In addition, on-going covid-19 pandemic has resulted in high growth for E-learning which is major factor resulted in high growth of target market in the 2020. Moreover, rising number of small or local market players and growing product and services advertisement through social media platform is expected to support growth of the target market over the forecast period.

Rising internet penetration and growing number of smartphone users are among the other factors propelling market growth. However, lack of strong internet access in rural area of many countries is hampering growth of the global digital education content market to a certain extent.

Key Trends:

Rising strategic tie-ups and partnership among key players is the key trend witnessed in the global digital education content market. For instance, In October 2020, Gutenberg Technology (GT), supplier of end-to-end content platform has announced partnership with Cengage. Cengage is a education and technology company and leading provider of teaching and learning material in the US.

Regional Analysis:

For detailed understanding of market dynamics, the global digital education content market is analyzed across key regions viz. North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America is accounted for the significant revenue share in 2018, owing to well-developed required infrastructure and early adoption of digital education technology in countries in the region. In addition, high awareness among individuals about the E-learning and presence of leading market players in countries such as US and Canada is supporting the market growth in the region.

The target market in Asia Pacific region is expected to witness strong growth over the forecast period. China and India expected to hold major share in the Asia Pacific digital education content market.

Scope of the Report:

Detailed Segmentation:

Global Digital Education Content Market, By Offering:

• Solutions
• Services

Global Digital Education Content Market, By Content Type:

• Audio Content
• Video Content
• Simulation
• Other Content

Global Digital Education Content Market, By End User:

• Educational Institution
• Corporate
• Government Institutes

Key Players Covered:

Key players operating in the global market include, Adobe Inc., Pearson Plc, Virtual College Ltd., Cengage Learning Holdings II, Inc., McGraw-Hill Education Inc., New Oriental Education and Technology Group Inc., MPS Ltd., NIIT Ltd., TAL Education Group, and Articulate Global Inc.

Key Features of the Study:

Foresight Market Research provides detailed analysis on global market in our report- Global Digital Education Content Market by offering, content type, end user, and region. The report provides market size (US$ Mn) and compounded annual growth rate (%) for the forecast period: 2019 – 2029, considering 2018 as the actual year. The report also contains in-depth analysis about market drivers, restraints, opportunities, new product launches, product approval, ongoing trends, and regional outlook. The report delivers competitive analysis about leading players in the global digital education content market based on various parameters such as company overview, product portfolio, regional presence, financial performance, distribution strategies, key developments, marketing strategies, and future plans. The analysis from the report would acquaint the marketers and management authorities of companies to make the appropriate decision with respect to their future product launch, market expansion, and marketing tactics used overall the globe.