Digital Educational Publishing Market Next Big Thing | Prominent Companies - Pearson plc, Scholastic Corp., John Wiley & Sons Inc.,

Digital education publishing refers to the use of digital media to monetize educational material. Digital educational publishing is available on multiple sites and is compatible with a broad range of platforms, including laptops, smartphones, desktop computers, and tablets.

According to the report published by Allied Market Research, the global digital educational publishing market garnered $9.9 billion in 2021, and is estimated to generate $41.5 billion by 2031, manifesting a CAGR of 15.9% from 2022 to 2031.

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The report provides an extensive analysis of changing market dynamics, major segments, value chains, competitive scenarios, and regional landscapes. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Cutting-edge technology such as Augmented Reality (AR) serves as a potential opportunity for the expansion of the global digital educational publishing market. The outbreak of the COVID-19 pandemic had a positive impact on the growth of the global digital educational publishing market.

The report discusses segments and their sub-segments in detail with the help of tables and figures. Market players and investors can strategize according to the highest revenue-generating and fastest-growing segments mentioned in the report. The research provides a detailed segmentation of the global digital educational publishing market based on Region, Product Type and End User.

Based on region, North America held the largest share in 2021, contributing to more than one-third of the global digital educational publishing market share, and is projected to maintain its dominant share in terms of revenue in 2031. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 16.6% during the forecast period.

Based on end user, the k-12 segment accounted for the highest share in 2021, contributing to more than two-fifths of the global digital educational publishing market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the higher education segment is expected to manifest the highest CAGR of 16.3% from 2022 to 2031.

Based on product type, the digital textbooks segment held the highest share in 2021, accounting for nearly two-fifths of the global digital educational publishing market, and is expected to continue its leadership status during the forecast period. However, the digital assessment books segment is expected to register the highest CAGR of 16.3% from 2022 to 2031.

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Major Growth Drivers of the Digital Educational Publishing Market

Technological Advancements:

The rapid advancement of technology, particularly in the fields of e-learning, mobile devices, and the internet, has transformed the way educational content is created, distributed, and consumed. The adoption of technologies like augmented reality (AR), virtual reality (VR), artificial intelligence (AI), and machine learning has had a significant impact on digital educational publishing.

Remote and Online Learning:

The COVID-19 pandemic accelerated the adoption of remote and online learning, forcing educational institutions to embrace digital content. Even post-pandemic, the trend toward blended and online learning continues to impact the digital educational publishing market.

Competition:

The digital educational publishing market is highly competitive, with numerous companies and startups vying for market share. Competition drives innovation and the development of new educational technologies.

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Covid-19 Scenario:

• The outbreak of the COVID-19 pandemic had a positive impact on the growth of the global digital educational publishing market, owing to implementation of global lockdown which resulted to temporary closure of all educational institutions.

• Schools and universities have been replaced with online learning during the pandemic. As a result, the worldwide market for digital learning and digital publication has expanded rapidly.

Prominent industry players profiled in the Digital Educational Publishing market report include Scholastic Corp., McGraw-Hill Education Inc., Georg von Holtzbrinck, Hachette Livre, Pearson, Cambridge University Press, Cengage Learning, John Wiley & Sons, Oxford University Press, and Thomson Reuters.

The report offers a comprehensive analysis of the global digital educational publishing market trends by thoroughly studying different aspects of the market, including major segments, market statistics, market dynamics, regional market outlook, investment opportunities, and top players working toward the growth of the market.

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