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Online Learning Platforms Market Size, Share, Forecast & Opportunities, 2025 - TechSci Research

12-03-2020 09:52 AM CET | IT, New Media & Software

Press release from: TechSci Research

Increasing internet penetration coupled with growing number of smartphone users to drive global online learning platforms market

According to TechSci Research report, “Global Online Learning Platforms Market By Type, By Deployment Mode, By Vendor, By Learning Mode, By Learning Type, By Technology, By End User, By Region, Competition, Forecast & Opportunities, 2025”, the global online learning platforms market is projected to growth at a CAGR of 11% during 2020 – 2025 on account of increasing demand for adaptive learning, globally. Additionally, increasing expenditure and initiatives by various governments around the globe to support online education is further expected to propel the growth of market during the next few years. Growing preference among the working professionals for continuous learning to scale up career opportunities coupled with growing number of smartphone users is anticipated to boost market growth during the forecast period. However, lack of awareness, especially in the developing economies, pertaining to online learning platforms is expected to hamper the growth of market over the next five years. Additionally, slow internet and poor network connectivity can hinder the growth of market. Furthermore, lack of peer to peer interaction can restrict the growth of market during the forecast period.

Browse 254 market data Figures spread through 140 Pages and an in-depth TOC on "Global Online Learning Platforms Market"

https://www.techsciresearch.com/report/online-learning-platforms-market/4549.html

The global online learning platforms market is segmented based on type, deployment mode, vendor, learning mode, learning type, technology, end user, and region. Based on type, the market can be categorized into academic, corporate and government. The corporate segment grabbed the largest market share in 2019 and is expected to continue dominating the market during the forecast period owing to the regular need to upskill and provide industry relevant training to the employees, which results in the corporates opting for various online learning platforms.

Based on learning mode, the market can be divided into self-paced and Instructor-led. The Instructor-led segment is expected to dominate the global online learning platforms market during forecast period due to growing awareness among work professionals to enhance skill-based proficiency. Based on technology, the market can be fragmented into mobile E-learning, learning management system, application simulation tool, rapid e-learning, podcasts, and virtual classroom. In the coming years, the virtual classroom segment is expected to witness robust growth since it reduces the training expenses and offers integrated training and learning modules to the end users. The mobile E-learning segment is also growing at a strong pace on account of increasing internet penetration and decline in device and internet cost.

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“North America and Europe are expected to continue their dominance in the global online learning platform market over the next five years. However, Asia-Pacific would witness the faster growth during the forecast period, owing to the increasing internet penetration and rising per capita income in the region. Also, increasing investments by key players in the region are further anticipated to spur the market growth in APAC through 2025.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Online Learning Platforms Market By Type, By Deployment Mode, By Vendor, By Learning Mode, By Learning Type, By Technology, By End User, By Region, Competition, Forecast & Opportunities, 2025” has evaluated the future growth potential of global online learning platforms market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global online learning platforms market.

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ABOUT TECHSCI RESEARCH
TechSci Research is a research based management consulting firm providing decision making solutions to its customers worldwide, spanning a range of industries.

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