E-Learning Market Major Players: Meridian Knowledge Solutions, Skillsoft, SAP SE, Saba Software, McGrawHill, Oracle, Desire2Learn, Apollo Education, Adobe systems, NetDimensions, Cisco Systems, Pearson, Coursera, HealthStream. Skillsoft, Cornerstone, EdX

E-Learning Market in virtual classrooms segment is expected to grow rapidly, owing to growing need of instructors and learners to interact in different geographical locations in real time. Virtual classrooms connect dispersed learners by connecting classrooms, thus achieving economies of scale in training. Large multi-national organizations are increasingly implementing virtual classrooms to improve efficiency of operations in learning & development. The ability of these tools to drive efficiencies in business is expected to propel the industry growth. The large enterprise segment of the e-learning market is anticipated to grow as they have substantial financial resources to enter into partnerships with the online course providers to train their employee base on a range of parameters such as technical, management, and language skills.

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Rapid digitization and advancements in technology infrastructure is encouraging the companies to implement corporate e-learning techniques in their organizations. Proliferation of these techniques through smartphones & tablets and adoption of BYOD concept is expected to propel corporate e-learning market growth. However, lack of peer to peer interaction is expected to be one of the major challenges to the industry. These courses cannot provide group breakout sessions or other types of group work with peers or instructors. Students perceive this as restriction in gaining insights from the professors, thus hindering the e-learning market growth.

The rising trend of BYOD among corporate bodies is aiding in the growth of the e-learning market as it allows users to access training on their devices without time restrictions. Online e-learning is projected to experience a high growth as the online platform collect data on a real-time basis and are readily available at very low, subscription costs. They also reduce the need for commuting to other locations.

The India e-learning market is currently in its infancy stage and is expected to grow at rapid pace. Increasing government initiatives such as Digital India is expected to bode well for the industry. With increasing robustness of digital infrastructure and changing face of education in the country, the industry will play a vital role in satisfying the education and skill-based needs of the country.

eLearning apps can be operated from a range of devices and are not restricted to only a single system. Additionally, these solutions are highly customized to cater to the varying learning capabilities of the user. The high penetration of the internet on a global scale has increased the availability of authoring and design tools, making it easier and inexpensive to develop the apps and is a major factor promoting the growth of the e-learning market. The Adobe Presenter 11, for instance, is an e-learning development tool that enables to turn Power Point presentations into materials that can be visually presentable and accessed by the organization’s online learner community.

E-Learning Market size was estimated at over USD 150 billion in 2016 and is set to exceed USD 200 billion by 2024.

Growth Drivers:

• Increasing demand from healthcare sector in North America

• Rise in content digitization in Europe

• Government programs and initiatives in Asia Pacific

• Growing demand for online English courses in Asia Pacific and Latin America

•Rising penetration of internet and mobile learning in Middle East and Africa

• Growing pressure on corporates to upgrade their training programs in North America and Asia Pacific

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The Latin America e-learning market is anticipated to experience growth in the following years with the rising demand in countries including Brazil, Mexico and Argentina. This is mainly attributed to the high emphasis by the governments on providing education on technical and English courses on e-learning courses. Distance learning is gaining traction in the Brazilian market as it permits students in the region to avail courses from renowned institutions. For instance, MIT offers distance learning courses to the Brazilian student base with provision of online course material and video content.

Brazil e-learning market is expected to gain significant momentum, owing to increasing demand for online English courses in the country. The local population needs to expand their English knowledge to secure a job, as English is perceived as a vital element in securing a job in the country. Studying the language through online courses for several students is of interest owing to the growing need to save money & time and to study at a suitable time, which is making these courses in Brazil an attractive option. The overall demand for English language tutoring is expected to increase the number of people seeking professional & online help and, in turn, fuel the regional demand over the forecast timespan.

Browse key industry insights spread across 180 pages with 126 market data tables & 26 figures & charts from the report, E-Learning Market in detail along with the table of contents:

https://www.gminsights.com/industry-analysis/elearning-market-size

The vendors in the e-learning market include McGrawHill, Oracle, Desire2Learn, Apollo Education Group, Adobe systems, NetDimensions, Cisco Systems, Pearson, Coursera, HealthStream, SAP, Udacity Inc., Coursera Inc., Skillsoft, Cornerstone, and EdX Inc.

Market share calculation in this report is not done based on companies covered in it. The calculation of e-learning market share is done based on a regional approach and countries covered. On request, additional companies can be covered as well as regional data for particular country / countries can be provided.

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