New York, USA, May 24, 2021 (GLOBE NEWSWIRE) — The global digital educational publishing market was valued at $8,400.8 million in 2019, and is projected to reach $27,891.5 million by 2027, at a CAGR of 17.0%.
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Dynamics of the Market
The promising government support for digital education has contributed in increasing the number of e-learning enrollments in the higher education sector in recent years. In addition, the propagation of smart devices and the BYOD system that enable easy access of content and information is expected to enhance the growth of the global digital education publishing market.
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Open-source materials such as Google Chrome, Mozilla Firefox, Apache HTTP server and others might be a restraining factor for the global market of digital educational publishing. Because of increasing popularity and current demand due to COVID-19 restrictions, e-learning is creating many investment opportunities for the market.
Impact of the COVID-19 Pandemic on the Market
The COVID-19 pandemic has made a desirable impact on the global digital educational publishing market. During pandemic, government of various regions instructed to close educational institutes to prevent…