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Global K-12 Blended E-Learning Strategic Business Report 2023: Market to Reach $65.4 Billion by 2030 - U.S. Market is Estimated at $6.6 Billion, While China is Forecast to Grow at 18.6% CAGR - ResearchAndMarkets.com


The "K-12 Blended E-Learning - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global K-12 Blended E-Learning Market to Reach $65.4 Billion by 2030

The global market for K-12 Blended E-Learning estimated at US$19.6 Billion in the year 2022, is projected to reach a revised size of US$65.4 Billion by 2030, growing at a CAGR of 16.2% over the analysis period 2022-2030.

The COVID-19 pandemic has had a significant impact on education worldwide, affecting both students and teachers. Many students missed substantial classroom instruction time during the pandemic, leading to a surge in virtual K-12 schooling and expediting the growth of the EdTech sector. The K-12 blended e-learning market experienced changes in competitive dynamics, with various players having strong, active, niche, or trivial market presences in 2022.

Hardware, one of the segments analyzed in the report, is projected to record 15% CAGR and reach US$25.9 Billion by the end of the analysis period. Growth in the Content segment is estimated at 16.6% CAGR for the next 8-year period.

Despite the challenges posed by the pandemic, K-12 blended learning has shown promising results in the post-pandemic era, with innovations and concurrent teaching gaining traction. The global outlook for K-12 blended e-learning suggests continued growth, with segments like hardware, content, and others contributing to its expansion.

The U.S. Market is Estimated at $6.6 Billion, While China is Forecast to Grow at 18.6% CAGR

Regional analysis indicates that developed and developing regions play essential roles in this market, with China, Asia-Pacific, the USA, and Canada being prominent regions for growth. Blended e-learning offers intriguing advantages for K-12 education, making it a valuable approach for the future.

The K-12 Blended E-Learning market in the U.S. is estimated at US$6.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.9 Billion by the year 2030 trailing a CAGR of 18.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.9% and 15.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 15% CAGR.

What`s New?

Key Attributes:

Report Attribute Details
No. of Pages 266
Forecast Period 2022 - 2030
Estimated Market Value (USD) in 2022 $19.6 Billion
Forecasted Market Value (USD) by 2030 $65.4 Billion
Compound Annual Growth Rate 16.3%
Regions Covered Global

MARKET TRENDS & DRIVERS

FOCUS ON SELECT PLAYERS (Total 82 Featured)

For more information about this report visit https://www.researchandmarkets.com/r/dn32j1

About ResearchAndMarkets.com

ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.


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