Digital Education Publishing Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[229+ Pages Report] According to the report published by Facts and Factors, the global digital education publishing market size was worth around USD 10.13 billion in 2022 and is predicted to grow to around USD 30.42 billion by 2030 with a compound annual growth rate (CAGR) of roughly 18.51% between 2023 and 2030. The report analyzes the global digital education publishing market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the digital education publishing market.

Market Overview

The global industry runs on the production and sale of digital tools and content that are used in education programs and includes products like learning management systems, textbooks, education applications, digital resources, and e-books. The industry revenue is growing owing to the high demand for resources supporting digital learning due to the rising adoption of technology in the educational sector. Several players are successfully operating in the industry, including technology companies, edtech start-ups, and traditional textbook publishers. These units work coherently to provide consumers with the necessary tools and software to gain access to quality education. They also generate healthy competition in the market by providing engaging and innovative learning resources and content that ensure that every player is investing in research & development to keep a stronghold in the sector. During the forecast period, the outlook is expected to be promising in terms of revenue driven by several encouraging factors.

Key Insights

• As per the analysis shared by our research analyst, the global digital education publishing market is estimated to grow annually at a CAGR of around 18.51% over the forecast period (2022-2030)
• In terms of revenue, the global digital education publishing market size was valued at around USD 10.13 billion in 2022 and is projected to reach USD 30.42 billion, by 2030.
• The market is projected to grow at a significant rate due to the growing adoption of digital learning
• Based on end-user segmentation, higher education was predicted to show maximum market share in the year 2022
• Based on product type segmentation, digital textbooks were the leading type in 2022
• On the basis of region, North America was the leading revenue generator in 2022

Growth Drivers

• Growing adoption of digital learning to promote market growth

The global digital education publishing market is projected to grow owing to the increasing adoption of digital learning across the world. The segment is gaining high popularity due to the several advantages offered to it. For instance, it allows improved convenience in terms of learning along with high accessibility since it can be used from any corner of the world Furthermore, with the help of digital learning, time constraint ceases to become an important limitation in the education sector since students can undertake learning sessions at their convenience.

Furthermore, digital learning also offers personalized learning which is an important aspect of knowledge programs in the modern era since students are increasingly opting for sessions that align with their passion and preference. Since multiple educational institutes are adopting digital learning in some form, the global industry has managed to create growth momentum in the last few years. These tools are often termed as more interactive, engaging, and knowledge-sharing as compared to traditional educational content. Teachers and students can access the available information at any point making learning a comfortable journey.

Restraints

• High development cost to restrict market expansion

Digital learning systems and tools can be effective only when they are made of high-quality content. Furthermore, the adoption rate is influenced by the friendliness of the user interface and the status of the content present on the system. However, developing such high-grade tools requires a high development cost. It can act as a considerable barrier for small or new entrants that are trying to gain consumer access and compete with already-established players.

Opportunities

• Personalized learning to provide excellent growth opportunities

Unlike traditional education publishing, which is generally set in its way and cannot be changed once printed and made commercially available, digital learning systems can be changed which means that they are available for tweaking in case of personalized learning requests. These systems are capable of providing students with customized learning experiences depending on their requirements. As more players offer exclusive content depending on market demand, the expansion opportunities are expected to be manyfold.

Challenges

• Quality assurance to pose a major threat

Digital education publishing systems can vary in quality depending on the service and product provider. There is no standard thumb rule that governs these systems and hence it is difficult to gauge the quality of the products available in the market. The lack of quality assurance mechanisms and regulatory measures in place is a major threat to global sales volume as it can lead to a loss of confidence amongst the consumer group resulting in declining demand.

Segmentation Analysis

The global digital education publishing market is segmented based on end-user, product type, and region.

Based on end-user, the global market divisions are K12, higher education, and corporate or skill-based.

• In 2022, the highest education segment led the global market growth with dominance
• These educational institutes include colleges and universities and such units are at the forefront of accepting digital systems in education programs
• The modern-age knowledge programs are highly influenced by practical learning and digital systems are an excellent measure of achieving this goal
• Furthermore, technological systems help in improving the student learning experience which is the latest focus of all educational institutes
• Covid-19 played a major role in driving the demand in the segment during 2020 and henceforth
• India has around 53 accredited online universities and colleges as of 2023

Based on product type, the global market is divided into digital textbooks, digital assessment books, and others

• Segmental growth is influenced by factors like the subject matter, education level, and region. However, digital textbooks lead the global market growth in 2022
• These books provide a wide summary of the course or the subject and are the preferred choice among students and faculty members
• The latest developments in the segment have allowed them to become more interactive thus gathering higher attention from the students
• Assessment books help prepare for tests and exams and hence have a limited scope
• A recent Research Gate study concluded that 55% of lecturers preferred using e-books along with traditional printed books for conducting classes

Recent Developments:

• In January 2023, Thomson Digital, a game-changer institute providing publishing solutions to the global fraternity, announced its entry into the EdTech sector while launching Q & I. The product is a first-of-its-kind assessment-influenced platform that aims to help students preparing for national exams like JEE and NEET
• In October 2021, Europe witnessed the launch of SELFIE for TEACHERS. The technological system is developed by a group of industry experts and by August 2022, it has a registered user database of 46,000 participants. The tool is made to allow allotment of appropriate resources and planning of teacher training
• In June 2022, Harvard Business Publishing and Infosys entered a partnership to promote life and digital skills to the next generation of India. The goal will be achieved by Infosys Springboard which is a virtual learning platform

Report Scope

Regional Analysis

• North America to register the highest growth

The global digital education publishing market is projected to witness the highest growth in North America with the US leading the regional growth. This can be attributed to the high adoption of technological systems in the educational sector. The US is home to extremely reputed universities and colleges like Harvard, Brown University, Columbia University, and more. These institutes are well-funded and run a high-grade curriculum that consists of theoretical and practical knowledge. Technology adoption has played a significant role in defining the influence that the US educational sector has over the global fraternity.

Furthermore, the K12 segment of the country is also a leading contributor to regional growth. The strategic measures adopted by the players from the territory to expand their global footprint have worked in the favor of higher revenue since the edtech companies emerging from North America have entered the majority of new and upcoming markets.

Competitive Analysis

• Georg von Holtzbrinck 
• Scholastic Corp. 
• Oxford University Press 
• Hachette Livre 
• McGraw-Hill Education Inc. 
• John Wiley & Sons 
• Cengage Learning 
• Pearson 
• Thomson Reuters 
• Cambridge University Press

The global digital education publishing market is segmented as follows:

By End-User Segment Analysis

• K12
• Higher Education
• Corporate or Skill Based

By Product Type Segment Analysis

• Digital Textbooks
• Digital Assessment Books
• Others

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America