Istruzione e Formazione
Global In-Person Learning Market Expected to Garner $38,220.5 Million by 2028, Growing at 10.3% CAGR from 2021 to 2028 [175-Pages] | Says Research Dive
As per the report, the is predicted to grow at a tremendous , thereby .
In-person learning has many associated benefits such as development of interpersonal skills, provision of hands-on learning, better academic performance, etc. These benefits are expected to be the leading factors behind the growth of the in-person learning market in the 2021-2028 timeframe. Along with this, growing expenditure on opting for quality education is also predicted to boost the market in the forecast years.
Since the last few years, governments in various countries across the world have started investing heavily in the education sector, so as to enhance the level of education in their respective countries. As a result, many governments have come up with several initiatives to educate the rural populations, which is expected to offer huge growth opportunities to the in-person learning market. Moreover, the benefits associated with in-person learning, such as overall cognitive development of students, is also anticipated to boost the market in coming years.
Growing popularity of online learning, however, may dampen the growth rate of the in-person learning market.
The Covid-19 pandemic, since its outbreak, has been disastrous for industries and businesses across the globe. This was mainly due to the lockdowns and travel restrictions imposed by governments of different countries across the world, in order to curb the spread of the virus. The in-person learning market is among the worst hit industries during the pandemic. The main reason behind this negative impact is obviously the lockdowns which have restricted the entry of students and teachers in school and colleges, thereby leading to their virtual closure. Along with this, shift to online education has further worsened the situation for the market.
The report has divided the in-person learning market into different segments based on course type, application, end-user, and region.
The significant market players of the in-person learning market are
These key market players are developing different strategies like product development, merger and acquisitions, partnerships and collaborations to gain a leading position in the market. –
For instance, Microsoft, the world's leading technology company, in September 2021 , announced the acquisition of TakeLessons, an online and in-person learning platform. The need to cater the growing demand for quality education has led to this acquisition by Microsoft. It will help the technology giant to enlarge its customer base substantially.
The Research Dive report also summarizes many crucial aspects of the market including SWOT analysis, latest strategic developments, financial performance of the key players, and product portfolio.
Research Dive is a market research firm based in Pune, India . Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.
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