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E-Learning Market: Size, Share, Growth, Trends & Forecast 2024-2033 | Analysis, Outlook & Top Players
E-Learning Market
The e-learning market size is expected to see rapid growth in the next few years. It will grow to $539.88 billion in 2028 at a compound annual growth rate (CAGR) of 13.9%. The growth in the forecast period can be attributed to rapid growth of online degree programs, demand for soft skills training, e-learning for specialized and niche subjects, focus on inclusive and accessible learning, evolving learning management systems (lms).. Major trends in the forecast period include hybrid learning models, microlearning, artificial intelligence (ai) in education, mobile learning (m-learning), data analytics and learning analytics, remote and online assessments..
Market Overview -
E-learning is a type of learning that takes place digitally via an electronic medium, usually the internet. It is a convenient and adaptable approach for students to learn wherever they are because it can be accessible by the majority of electronic devices, including a computer, laptop, tablet, or smartphone.
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The Surge Of Remote Learning Trends And The Unprecedented Growth Of The E-Learning Market
Remote learning trends enforced by the global pandemic are expected to propel the growth of the e-learning market going forward. Remote learning is the practice of remote teaching and learning using technology such as video conferencing, virtual examinations, and discussion boards. Remote learning allows students and teachers to stay connected and engaged with the curriculum even when working from home. For instance, in February 2022, according to think impact, a US-based platform, 75% of schools intend to run entirely online in 2021. Therefore, remote learning trends enforced by the global pandemic are driving the growth of the e-learning market.
Competitive Landscape -
Major companies operating in the e-learning market report are Adobe Inc., Aptara Inc., Articulate Global LLC, Cisco Systems Inc., Citrix Systems Inc., D2L Corporation, Oracle Corporation, SAP SE, Blackboard Inc., Coursera Inc., FutureLearn, Compunnel Digital Inc., Docebo Inc., GitHub Inc., National Institute of Information Technology Ltd., British Council, Moodle Pty Ltd., Canvas LMS, Allen Communication Learning Services Inc., Cegos SA, GP Strategies Corporation, Teachable Inc., Udemy Inc., iEnergizer Limited, Instructure Inc., Pearson plc, Skillsoft Corporation, Thomson Reuters Corporation, iSpring Solutions Inc., eLearning Brothers, Epignosis, Udacity Inc., Pluralsight LLC, Simplilearn Solutions Pvt Ltd., Skillshare, Cornerstone OnDemand Inc., Edmentum Inc. .
Innovative Technological Trends Transforming The E-Learning Landscape
Technological advancements are the key trend gaining popularity in the e-learning market. Major companies operating in the e-learning market are developing innovative technologies such as artificial intelligence, augmented reality, gamification, big data and mixed reality to sustain their position in the market. For instance, in September 2022, Skilldora Inc., a US-based ed-tech startup partnered with D-ID, an Israel-based information technology company, introduced the first e-Learning platform and app in the United States to use A.I. Instructors Skilldora's innovative e-Learning platform and app deliver regularly structured, high-quality courses in less an hour using A.I. Instructed courses. Skilldora is meant to appeal to the modern learner, giving improved engagement functionality, and collaborative learning elements such as its 'learn with friends capabilities,' allowing for real-time sharing and inviting social learning groups, community news feeds, and so on.
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Key Segments -
The e-learning market covered in this report is segmented -
1) By Hardware: Interactive Displays, Interactive Projectors
2) By Technology: Online E-Learning, Learning Management System, Mobile E-Learning, Rapid E-Learning, Virtual Classroom, Other Technologies
3) By Deployment Type: Cloud, On-Premises
4) By Application: Academic, Corporate, Government
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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