Global Blended Learning Market Insights
Global Blended Learning Market size was valued at USD 5.14 million in 2021 and is poised to grow from USD 5.6 million in 2022 to USD 6.3 million by 2030, growing at a CAGR of 9% in the forecast period (2023-2030).
A mixture of the offline and online learning process is referred to as blended learning. It includes a multichannel method that combines tutor-led activities videos, online exercises, and in-person conversations and visuals. It provides a wide range of benefits, including deep topic comprehension and social learning through interaction with teachers and other students. Also, it provides companies with a number of advantages, including a quick return on investment and a cost- and time-effective method of training (ROI).
The growing popularity of e-learning materials, the rising acceptance of blended learning in corporate training, and the rising demand for online and hybrid courses are all contributing factors to the market expansion. The expansion of this industry, however, can be constrained by instructors' and students' lack of knowledge regarding blended learning.
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Analysis:
Segmental Analysis
Global blended learning market is segmented on the basis of type, application, and region. By type, the Blended Learning Market is segmented into hardware and software. By application the Blended Learning Market is segmented on the basis of education, training, and others. By region, the Blended Learning Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Blended Learning Market Analysis by Type
The software segment dominated the global blended learning and is anticipated to maintain its dominance throughout the forecast period. Courses, content, and solutions are all included in blended learning software. For business organisations and educational institutions, a contemporary LMS (learning management system) can meet the demands of both traditional web-based training and ILT (instructor-led training) from a single, centralised administrative interface. Every gifted or struggling student is given the opportunity to learn at their own pace with a blended learning solution because it primarily focuses on kids who are either below or above grade level. Consequently, the market growth is boosted by the four different types of models that blended learning software offers: rotation model, flex model, online lab model, and enriched virtual model.
Blended Learning Market Top Player’s Company Profiles
- Pearson Education
- McGraw-Hill Education
- Blackboard Inc.
- Skillsoft Corporation
- D2L Corporation
- Cornerstone OnDemand Inc.
- NIIT Limited
- City & Guilds Group
- Saba Software Inc.
- GP Strategies Corporation
- Aptara Corporation
- Docebo Inc.
- Edmentum Inc.
- Growth Engineering Ltd.
- Promethean World Ltd.
- SweetRush Inc.
- Simplilearn Solutions Pvt. Ltd.
- Learning Technologies Group plc
- CrossKnowledge
- IMC AG
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