E-Learning - Digitization and Modern Initiatives in COVID Situation - Arizton
The global e-learning market is expected to reach around $238 billion by 2024, growing at a CAGR of more than 8% during the forecast period.The continuous learning requirements for students and professionals, driven by sweeping trends over the past two decades due to globalization, talent migration, and consistent improvements in corporate competencies and individual talent grooming, have increased the scope of the e-learning market. Three major learning modes and avenues that constitute e-learning are Learning Management Systems (LMS), packaged content, and other modes, including highly gamified applications or serious games. Packaged content dominated the market, with a revenue share of 59% in 2018, followed by LMS.
Arizton's recent market research report considers the present scenario of the global e-learning market and its market dynamics for the period 2018-2024. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.
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E-Learning Market - Dynamics
Here are the list of trends and drivers that are impacting the revenues and profitability in the e-learning market:
o High Penetration of Internet & Internet-enabled Devices
o Global Workforce & Migration of Skilled Labor
o Digitization Initiatives in Learning & Training
o Perennial Private Investments in Digital Language Learning
o Increase in Going Mobile & Going Social Trend
o Blended Learning to Emerge as Norm in Education Technology
o Increased Applications of VR & AR in E-learning
E-Learning Market - Segmentation
The research report includes a detailed segmentation of the market by delivery mode, learning mode, type, end-user, and geography.
o Easy accessibility and cost-effectiveness are the key factors responsible for high shares of the packaged content segment. As this mode of content delivery is inexpensive with a wide reach, this mode of learning is highly popular among students and professionals.
o Instructor-led e-learning has witnessed promising growth prospects in the online learning industry globally as this mode of learning offers time and cost-saving opportunities without compromising on efficiency or productivity.
o The launch of several major educational initiatives is expected to increase the share of the training segment in the Europe e-learning market during the forecast period. The high involvement of the millennial population in professional and personal learning course is a vital factor of the Latin American e-learning market.
Market Segmentation by Delivery Mode
o Packaged Content
o SaaS/LMS
o Others
Market Segmentation by Learning Mode
o Self-paced
o Instructor-led
Market Segmentation by Type
o Training
o Testing
Market Segmentation by End-user
o K-12
o Higher Education
o Corporates
o Government
o Vocational
Market Segmentation by Geography
o North America
- US
- Canada
o Europe
- UK
- France
- Spain
- Germany
- Nordics
o APAC
- China
- Japan
- India
- Australia
- South Korea
o Latin America
- Brazil
- Argentina
- Mexico
o MEA
- Chile
- GCC
- South Africa
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E-Learning Market - Vendor Landscape
In view of a large number of players, and the face of rapidly evolving learning preferences, it is imperative for vendors to not only focus on customer acquisition but also their retention. While freemium offerings with attractive short-term subscription pricing can help garner a large customer base, continuous investments in product development, especially through gamified and contextualized interfaces, can help them engage and retain the learning audience. Further, vendors also have to keep a continuous track of pricing of new entrants; while price-based competition is not recommended, attractive prices can well detract buyers, and the same has to be effectively mitigated with innovation and product development.
Major Vendors
o Apollo Education Group Inc.
o BlackBoard Learn
o Oracle
o Pearson PLC
o The British Council
Other prominent vendors include Docebo, McGraw-Hill eLearning Group, Aptara, Desire2Learn, Edmodo, Skillsoft, Cengage Learning, Macmillan Education, Cornerstone OnDemand Inc., and Educomp, Kroton, Telefonica, Instructure, edX, English Attack, Estacio, Coursera, Latitude CG, Litmos, Open English, Veduca, LinkedIn (Microsoft), Simplilearn, Think and Learn (BYJU's), UpGrad, LeQuest, FutureLearn, Learn2Play, Chegg, Bright Little Labs, 360Learning, Aula Education, WhiteHat Security, Blinkist, Aveti Learning, Age of Learning, Learnetic , eLearn Australia and SweetRush.
E-Learning Market - Table of Contents
1 Research Methodology
2 Research Objectives
3 Research Process
4 Scope & Coverage
4.1 Market Definition
4.1.1 Inclusions
4.1.2 Exclusions
4.2 Base Year
4.3 Scope of the study
4.4 Market Segments
4.4.1 Market Segmentation by Delivery Mode
4.4.2 Market Segmentation by Learning Mode
4.4.3 Market Segmentation by Function
4.4.4 Market Segmentation by End-users
4.4.5 Market Segmentation by Geography
5 Report Assumptions & Caveats
5.1 Key Caveats
5.2 Currency Conversion
5.3 Market Derivation
6 Market at a Glance
7 Introduction
7.1 Overview
8 Market Dynamics
8.1 Market Growth Enablers
8.1.1 High Penetration of Internet & Internet-enabled Devices
8.1.2 Global Workforce & Migration of Skilled Labor
8.1.3 Digitization Initiatives in Learning & Training
8.1.4 Perennial Private Investments in Digital Language Learning
8.2 Market Growth Restraints
8.2.1 Need for Continuous Product Innovation
8.2.2 Variability in Hardware and Software
8.2.3 Limited Access to Closed Markets & Platforms
8.2.4 Inadequate Internet Bandwidth in Developing Countries
8.2.5 Lack of Viable Revenue & Monetization Models
8.3 Market Opportunities & Trends
8.3.1 Increase in Going Mobile & Going Social Trend
8.3.2 Blended Learning to Emerge as Norm in Education Technology
8.3.3 Increased Applications of VR & AR in E-learning
9 Global E-Learning Market
9.1 Market Size & Forecast
9.2 Five Forces Analysis
9.2.1 Threat of New Entrants
9.2.2 Bargaining Power of Suppliers
9.2.3 Bargaining Power of Buyers
9.2.4 Threat of Substitutes
9.2.5 Competitive Rivalry
10 E-Learning Market by Delivery Mode
10.1 Market Snapshot & Growth Engine
10.2 Market Overview
10.3 Packaged Content
10.3.1 Market Size & Forecast
10.3.2 Market Size & Forecast by Geography
10.4 LMS
10.4.1 Market Size & Forecast
10.4.2 Market Size & Forecast by Geography
10.5 Others
10.5.1 Market Size & Forecast
10.5.2 Market Size & Forecast by Geography
11 E-Learning Market by Learning Mode
11.1 Market Snapshot & Growth Engine
11.2 Market Overview
11.3 Self-paced
11.3.1 Market Size & Forecast
11.3.2 Market Size & Forecast by Geography
11.4 Instructor-led
11.4.1 Market Size & Forecast
11.4.2 Market Size & Forecast by Geography
12 E-Learning Market by Function
12.1 Market Snapshot & Growth Engine
12.2 Market Overview
12.3 Training
12.3.1 Market Size & Forecast
12.3.2 Market Size & Forecast by Geography
12.4 Testing
12.4.1 Market Size & Forecast
12.4.2 Market Size & Forecast by Geography
13 E-Learning Market by End-Users
13.1 Market Snapshot & Growth Engine
13.2 Market Overview
13.3 Corporate
13.3.1 Market Size & Forecast
13.3.2 Market Size & Forecast by Geography
13.4 Higher Education
13.4.1 Market Size & Forecast
13.4.2 Market Size & Forecast by Geography
13.5 K-12
13.5.1 Market Size & Forecast
13.5.2 Market Size & Forecast by Geography
13.6 Government
13.6.1 Market Size & Forecast
13.6.2 Market Size & Forecast by Geography
13.7 Vocational
13.7.1 Market Size & Forecast
13.7.2 Market Size & Forecast by Geography
14 E-Learning Market by Geography
14.1 Market Snapshot & Growth Engine
14.2 Overview
15 North America
15.1 Market Size & Forecast
15.1.1 Student Education &Enrollment
15.2 Segmentation by Delivery Mode
15.2.1 Market by Delivery Mode
15.3 Segmentation by learning Mode
15.3.1 Market by Learning Mode
15.4 Segmentation by Type
15.4.1 Market by Type
15.5 Segmentation by End-users
15.5.1 Market by End-users
15.6 Key Countries
15.6.1 US: E-Learning Market Size & Forecast
15.6.2 Canada: E-Learning Market Size & Forecast
16 APAC
16.1 Market Size & Forecast
16.2 Segmentation by Delivery Mode
16.2.1 Market by Delivery Mode
16.3 Segmentation by learning Mode
16.3.1 Market by Learning Mode
16.4 Segmentation by Type
16.4.1 Market by Type
16.5 Segmentation by End-users
16.5.1 Market by End-users
16.6 Key Countries
16.6.1 China: E-Learning Market Size & Forecast
16.6.2 South Korea: E-Learning Market Size & Forecast
16.6.3 Japan: E-Learning Market Size & Forecast
16.6.4 Australia: E-Learning Market Size & Forecast
16.6.5 India: E-Learning Market Size & Forecast
17 Europe
17.1 Market Size & Forecast
17.1.1 Education and Training 2020 Program (ET2020)
17.1.2 Erasmus Program
17.1.3 Bologna Process
17.2 Segmentation by Delivery Mode
17.2.1 Market by Delivery Mode
17.3 Segmentation by learning Mode
17.3.1 Market by Learning Mode
17.4 Segmentation by Type
17.4.1 Market by Type
17.5 Segmentation by End-users
17.5.1 Market by End-users
17.6 Key Countries
17.6.1 UK: E-Learning Market Size & Forecast
17.6.2 Germany: E-Learning Market Size & Forecast
17.6.3 France: E-Learning Market Size & Forecast
17.6.4 Nordics: E-Learning Market Size & Forecast
17.6.5 Spain: E-Learning Market Size & Forecast
18 Latin America
18.1 Market Size & Forecast
18.2 Segmentation by Delivery Mode
18.2.1 Market by Delivery Mode
18.3 Segmentation by learning Mode
18.3.1 Market by Learning Mode
18.4 Segmentation by Type
18.4.1 Market by Type
18.5 Segmentation by End-users
18.5.1 Market by End-users
18.6 Key Countries
18.6.1 Brazil: E-Learning Market Size & Forecast
18.6.2 Mexico: E-Learning Market Size & Forecast
18.6.3 Argentina: E-Learning Market Size & Forecast
18.6.4 Chile: E-Learning Market Size & Forecast
19 Middle-East And Africa
19.1 Market Size & Forecast
19.1.1 E-learning in the Middle East: Overview
19.1.2 E-learning in Africa: Overview
19.2 Segmentation by Delivery Mode
19.2.1 Market by Delivery Mode
19.3 Segmentation by learning Mode
19.3.1 Market by Learning Mode
19.4 Segmentation by Type
19.4.1 Market by Type
19.5 Segmentation by End-users
19.5.1 Market by End-users
19.6 Key Countries
19.6.1 GCC: E-Learning Market Size & Forecast
19.6.2 South Africa: E-Learning Market Size & Forecast
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About Arizton Advisory & Intelligence
Arizton - Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize foolproof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including -Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging
Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Arizton Advisory & Intelligence
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