Europe E-Learning Market to Reach US$ 136.9 Billion by 2028 at 12.2% CAGR

IMARC Group has recently released a new research study titled "Europe E-Learning Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2028", offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

Market Outlook:

The Europe e-learning market size reached US$ 67.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 136.9 Billion by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028. E-learning, or electronic learning, represents a modern learning idea used to impart knowledge through digital technologies and devices. It encourages a healthy exchange of knowledge by providing an interactive environment to the participants regardless of the time and place. The purpose of e-learning is to facilitate students with proper expertise and knowledge through specifically designed courses and prime-quality lectures. In the European region, this technique is gaining preference in the corporate sector, where various e-learning tools and modules, such as gamification and LMS, are incorporated into the employee training programs. As a result, this modern design finds widespread applications in K-12 learning, higher education, and vocational exercise across small, medium, and large enterprises.  

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Europe E-Learning Market Trends: 

The presence of well-established education infrastructure and the growing popularity of blended learning experiences provided by the top universities across the region are among the primary factors driving the Europe e-learning market. Besides this, the escalating demand for personalized courses and content and customized learning tools and the elevating requirement for this platform for providing corporate training to employees, owing to the sudden outbreak of the COVID-19 pandemic, are further augmenting the market growth. Moreover, the rising need for e-learning solutions, on account of several advantages, such as accessibility to multiple classes and interactive lectures and sessions, is also catalyzing the market across Europe.

Apart from this, the improving internet connectivity across the region and the increasing penetration of IoT-based smart devices are acting as significant growth-inducing factors. Furthermore, the high shift of educational institutions from physical lectures to virtual classrooms for completing the curriculum that is accessible regardless of the time and place is anticipated to propel the Europe e-learning market over the forecasted period.   

Report Segmentation:

The report has segmented the market into the following categories:

Breakup by Technology:

• Online E-Learning
• Learning Management System
• Mobile E-Learning
• Rapid E-Learning
• Virtual Classroom
• Others

Breakup by Provider:

• Services
• Content

Breakup by Application:

• Academic
• K-12
• Higher Education
• Vocational Training
• Corporate
• Small and Medium Enterprises
• Large Enterprises
• Government

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

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Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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