Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 7 Billion | USD 29 Billion | 15% | 2023 |
The global remote learning tech for schools market size was evaluated at $7 billion in 2023 and is slated to hit $29 billion by the end of 2032 with a CAGR of nearly 15% between 2024 and 2032.
Large-scale penetration of remote learning technologies in education has helped bring drastic changes in educational institutes such as schools. Apart from this, there are a few technologies that will help in improving remote learning activities in the school. Moreover, some techniques that assist in enhancing the roles of remote learning tools in schools are video conferencing tools, communication systems, learning management tools, collaborative tools, interactive learning tools, multimedia resources, and assessment & feedback tools.
A rise in the use of digital techniques of learning in schools to spur global market trends
Surging popularity of digital learning activities post-COVID-19 along with government schemes supporting the use of remote learning tools in schools is projected to boost the expansion of global remote learning tech for school market. Moreover, acceptance of cloud-based services in schools will proliferate the expansion of the global market size in the years ahead. Apart from this, the synchronization of AI and machine learning tools will impel the elevation of the market globally. In addition to this, easy access to consumer electronics goods will prompt the growth of the market across the globe. A shift in different learning models such as hybrid learning models will scale up the global market trends.
Need for huge allocation of funds for installing remote learning tools in school can deter the global industry expansion
Huge initial investments along with resistance to change are a few of the factors negatively impacting the expansion of the global remote learning tech for school industry. Apart from this, mental health issues such as repetitive stress caused by the constant use of remote learning technologies in education and cases of paper leaks due to hacking of the tools can impact the global industry surge in the coming years.
Availability of online learning tools such as edtech in education sector to open new growth facets for the global market
Easy access to remote learning tools for schools and the need for personalized experiences are likely to create new growth opportunities for the global remote learning tech for schools market. Moreover, the rise in the use of adaptive learning and the rise in the demand for virtual classrooms will pave the way for noteworthy growth of the market globally.
Less availability of professionals who can train teachers is likely to hit the growth of the global industry
Technical issues and lack of face-to-face contact along with less availability of expert trainers for imparting training to teachers are anticipated to strike down the growth of the global remote learning tech for schools industry. Moreover, distractions of students studying at home can severely impact the global industry surge.
The global remote learning tech for schools market is divided into software, services, learning mode, end-user, and region.
In terms of software, the remote learning tech for schools market across the globe is bifurcated into learning management system platforms, virtual classroom software, web-based learning management systems, and mobile-based learning management system segments. Additionally, the virtual classroom software segment, which gained nearly 45% of the global market share in 2023, is expected to record the highest gains during the coming years due to its ability to enable real-time interaction with students with the help of video as well as audio conferencing. Apart from this, remote accessibility and the availability of seamless internet connectivity in various developed countries can further drive the segmental space. In addition to this, the cost-efficiency and scalability of the product will steer the segmental surge in the upcoming years.
Based on the learning mode, the global remote learning tech for schools industry is divided into instructor-led training & learning, simulation learning, blended/hybrid learning, collaborative learning, social learning, and self-paced eLearning segments. Furthermore, the blended/hybrid learning segment, which accrued about 56% of the global industry proceeds in 2023, is predicted to account notably toward the global industry expansion in the coming couple of years. This can be due to a rise in the use of blended/hybrid learning modes in schools owing to a rise in student engagement and enhanced learning outcomes.
On the basis of end-user, the global remote learning tech for schools market is sectored into individuals, colleges/universities, government organizations, K-12, corporates/enterprises, large enterprises, academic institutions, and SMEs segments. Moreover, government organizations, which garnered 33% of the global market share in 2023, will lead the segmental space in the forecasting years. This growth can be attributed to a rise in the budget allocations for schools pertaining to the purchase of remote learning tools to impart high-quality education to school students.
Based on the service, the global remote learning tech for schools industry is sectored into outsourced eLearning services, professional services, integration & implementation, support & maintenance, learning & content management, and consulting services segments.
Report Attributes | Report Details |
---|---|
Report Name | Remote Learning Tech for Schools Market |
Market Size in 2023 | USD 7 Billion |
Market Forecast in 2032 | USD 29 Billion |
Growth Rate | CAGR of 15% |
Number of Pages | 224 |
Key Companies Covered | VMware Inc., Oracle Corporation, CDW LLC, Astera Software, ServiceNow Inc., Unifyed, Cisco Systems Inc., Verizon, Dell Inc., Blackboard Inc., and others. |
Segments Covered | By Software, By Services, By Learning Mode, By End-User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is forecast to maintain leadership status in the global market over the analysis period
North America, which contributed about 28% of the global remote learning tech for schools market share in 2023, is slated to establish a number one position in the global market within the next couple of years. In addition to this, the regional market surge in the coming years can be credited to the availability of robust internet infrastructure facilities along with an increase in the use of online learning techniques in various schools of the U.S. Rise in the use of remote learning tools in both private and public schools is likely to drive the regional market growth in the coming decade.
Asia-Pacific remote learning tech for schools industry is slated to record the highest gains annually in the coming eight years. The expansion of the industry in the APAC region can be a result of the rise in the use of remote learning tech for schools in South Korea, China, and Japan. Apart from this, growing digitization in APAC countries along with governments implementing new teaching-learning methods in Australia, Singapore, and Malaysia will embellish the growth of the industry in APAC.
The global remote learning tech for schools market profiles key players such as:
The global remote learning tech for schools market is segmented as follows:
By Software
By Services
By Learning Mode
By End-User
FrequentlyAsked Questions
The large-scale penetration of remote learning technologies in education has helped bring drastic changes to educational institutes such as schools.
The global remote learning tech for schools market's growth over the forecast period can be attributed to a shift in different learning models, such as hybrid learning models.
According to a study, the global remote learning tech for schools industry size was $7 billion in 2023 and is projected to reach $29 billion by the end of 2032.
The global remote learning tech for schools market is anticipated to record a CAGR of nearly 15% from 2024 to 2032.
The Asia-Pacific remote learning tech for schools industry is set to register the fastest CAGR over the forecasting timeline owing to the rise in the use of remote learning tech for schools in South Korea, China, and Japan. Apart from this, growing digitization in APAC countries, along with governments implementing new teaching-learning methods in Australia, Singapore, and Malaysia, will embellish the growth of the industry in APAC.
The global remote learning tech for schools market is led by players such as VMware, Inc., Oracle Corporation, CDW LLC, Astera Software, ServiceNow, Inc., Unifyed, Cisco Systems, Inc., Verizon, Dell Inc., and Blackboard Inc.
The global remote learning tech for schools market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTEL analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five force analysis, and value chain analysis.
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