The global Edutainment market research report, as published by Market Insight Reports, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Edutainment market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the business’s views.
Edutainment Market was valued at USD 1.60 billion in 2021 and is expected to reach USD 5.81 billion by 2029, registering a CAGR of 17.50% during the forecast period of 2022-2029. Advertising is expected to witness significant growth in the revenue source segment of the market owing to the growth of digital marketing.
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COVID-19 pandemic had a negative impact on the edutainment market owing to the implementation of global lockdown. A decline of 67% at the 25 most-visited theme parks from 2019 to 2020 was witnessed, according to the Themed Entertainment Association and AECOM. The COVID-19 outbreak forced these parks to close for months in 2020 due to the imposed lockdowns and restricted domestic and international travel limiting. However, edutainment parks and theme parks transformed towards digitalization to ensure safety of visitors. The edutainment market is expected to witness growth in the post-pandemic scenario owing to the ease on restrictions.