E-learning Market Business Opportunities and Future Scope Till 2023

The report titled Global E-learning Market: Size, Trends and Forecasts (2019-2023), provides an in depth analysis of the global e-learning market by value, by technology, by learning mode, by application, by region, etc. The report also provides a regional analysis of the e-learning market, including the following regions: North America (The US & Rest of North America), Asia, Europe, Latin America, and Middle East & Africa. The report also provides a detailed analysis of the US market by value and by application.

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Company Coverage

Oracle Corporation

McGraw-Hill Education

Pearson plc

Providence Equity Partners LLC (Blackboard Inc.)

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E-learning, known as electronic learning, refers to a learning that can be obtained through the internet by using electronic resources. In other words, e-learning means delivering the course digitally, whether it is in a classroom, corporate training or a distance learning course.

The traditional learning is considered expensive and takes a long time. Here, e-learning provides an alternative solution which is much faster, cheaper and potentially better. With the rapid development in technology and advancements in learning systems, e-learning has proven to be the best means of delivering education to a large number of recipients anywhere and at any time.

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The global e-learning market has increased significantly during the years 2016-2018 and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The e-learning market is expected to increase due to the rising usage of internet, proliferation of smartphones, increasing adoption of cloud based platforms, growing trend of social media learning, surging interest rates on student loan, etc. Yet the market faces some challenges such as the low adoption rate of e-learning in developing countries, technological inadequacies, substandard quality of the online course content, etc.

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