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Global E-learning Market is anticipated to grow with the CAGR of more than 11% | Virtual classroom segment dominates the market, holding nearly 40% of the market.

07-16-2021 07:58 AM CET | Science & Education

Press release from: Bonafide Research

Global E-learning Market is anticipated to grow with the CAGR

E-Learning is a learning system based on formalized teaching but with the help of electronic resources. It can also be termed as a network that enabled the transfer of skills and knowledge, and the delivery of education is made to a large number of recipients at the same or different times. The research report titled Global E-Learning Market Outlook, 2026 by Bonafide Research categorizes the market to forecast the revenues and analyze the trends in each of the following segments: based by Technology (Online E-Learning, LMS, Mobile E-Learning, Rapid E-Learning, Virtual Classroom & others), by Provider (Service & Content) by Application (Academic (K-12, Higher Education, Vocational Training), Corporate (SMBs, Large Enterprise) & Government), based on region, countries & major companies.

To avail of the sample report for free: https://www.bonafideresearch.com/samplereport/210719821/global-e-learning-market

Earlier, it was not accepted wholeheartedly as it was assumed that this system lacked the human element required in learning. This restricted the market growth to a value of more than USD 105 Billion in 2015. However, the introduction of new technologies like AI, VR, and LMS, drove the market growth. The emergence of an AI-enabled solution aids the development of smart content, digitized study guides, and real-time questioning. Immersive technologies are enhancing communication, collaboration, and building stronger engagements during the session. Such benefits are to encourage the focus on implementing better technologies to improvise the learning experience. The Covid-19 pandemic has further transformed the e-learning market with the closure of schools and universities globally. In March 2020, over 1.2 Billion students in 186 countries were affected by school closures due to the pandemic. With the increasing acceptance of this learning mode, the market is expected to grow over a CAGR of 11% in the coming years.

Based on technology, the virtual classroom segment dominates the market, holding nearly 40% of the market. The online education market and content delivery is seeing a paradigm shift from content delivery to quick interactive learning platforms, allowing the rapid e-learning segment is expected to grow over an anticipated CAGR of 11.71%. The increasing focus on m-learning and cloud infrastructure adoption to derive scalability will create lucrative opportunities for leading online education companies in the market. The m-learning segment is expected to show a shift of USD 60 Billion from 2015 to 2026.

E-learning has proved to be the best means in the corporate sector, especially when training programs are conducted for professionals across the globe making it possible for the employees to acquire skills under one roof. The corporate end-user segment accounted for a market share of nearly 41% in the year 2020, with the large enterprises leading the segment. The schools which use E-learning technologies are a step ahead of those which still have the traditional approach towards learning. The academic segment leads the market with a higher preference towards vocational training courses. Based on provider segmentation, the content category accounts to an approx. of 95% of the market.

Globally, North America accounts for a clear high share, closely followed by Europe. The Asia e-learning market largely includes low-and moderately priced course modules due to the price-sensitive nature of the region. The market, although smaller than the market in North America, is displaying impressive growth driven by some structural changes in key countries such as India and China. For instance, Indian students are the second-largest users of online courses provided by Harvard-MIT Health Sciences and Technology. This has encouraged the universities to provide students with various affordable online learning courses in this region. Latin America, along with the Middle East & Africa could barely account for a market of 5% in the year 2020.

Globally, the US is the largest self-paced learning market, with the potential to radically influence the prospects in the industry. Together, public and private investments constitute an annual flow of about USD 1.3 trillion into the country’s education system. A significant amount of it is channelized to improve the effectiveness of conventional learning and training methods. High competition in the industry is forcing emerging players to introduce innovative services for strengthening their position and increasing market share.

To Access Complete Report: https://www.bonafideresearch.com/product/210719821/global-e-learning-market

KEY MARKET PLAYERS:
Adobe Inc., Aptara Inc. (Ienergizer), Blackboard Inc., Cisco Systems Inc., Citrix System Inc., Docebo Inc., Gp Strategies Corporation, Oracle Corporation, Pearson Plc, Skillsoft Corporation

CONSIDERED IN THE REPORT
• Geography: Global
• Base year: 2020
• Historical year: 2015
• Forecasted year: 2026

REGIONS COVERED:
• North America
• Europe
• Asia
• Latin America
• Middle East & Africa

ASPECTS COVERED IN THE REPORT
• Market Size by Value for the period (2015-2026F)
• Market Share by Technology (Online E-Learning, LMS, Mobile E-Learning, Rapid E-Learning, Virtual Classroom & others)
• Market Share by Provider (Service & Content)
• Market Share by Application (Academic: K-12, Higher Education, Vocational Training, Corporate: SMBs, Large Enterprise & Government)
• Market Share by Region
• Market Share by Country
• Market Share by Company

TABLE OF CONTENT
1. Executive Summary
2. Report Methodology
3. Global E-LearningMarket Outlook
3.1. Market Size by Value
3.2. Market Share
3.2.1. By Technology
3.2.2. By Providers
3.2.3. By Application
3.2.4. By Region
3.2.5. By Country
3.2.6. By Company
4. North America E-Learning Market Outlook
4.1. Market Size by Value
4.2. Market Share
4.2.1. By Technology
4.2.2. By Providers
4.2.3. By Application
4.2.4. By Country
…continue

Contact Us:
Bonafide Research
t-13/a, indiabulls mega mall, nr dinesh mills, jetalpur road, gujarat, india
Steven Thomas, AM - Content Marketing
sales@bonafideresearch.com
Americas: +1 201 793 8545(NA)
Europe: +44 20 86385593
APAC: +91 7878231309
https://www.bonafideresearch.com/

About us: Bonafide Research is one of the fastest growing market research and consulting company. We are expert in syndicated research reports & custom research solutions across the domains. We have been closely working with fortune 500 clients by helping them in tracking the constantly changing market scenario. Bonafide has continuously made efforts to evolve and enhance the report quality with each passing day.

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