Global e-learning market was valued $191.1 Billion in 2018 and is projected to reach $398.3 Billion by 2026; with a CAGR of 9.6% from 2019 to 2026. E-learning is a type of formalized teaching based on electronic resources. E-learning classes can be attended online, with the use of computers and the internet, or in the classroom. E-learning has gained wide popularity in the developed countries such as the U.S. and Canada, owing to the increasing availability of internet infrastructure and the high penetration of smartphones and tablets.
Easy accessibility, flexibility in learning, and increased effectiveness by animated learning are the various factors supplementing the market growth. However, change management and technology obsolescence are major restraints that have limited market growth. Furthermore, escalation in the number of internet users and growing access to broadband pooled with mobile phones with online capabilities would generate new growth opportunities for the market in the coming years.
The global e-learning market is segmented by technology and end-user. The technology type segment covers online e-learning, learning management system, mobile e-learning, virtual classroom, and others. The end-user segment includes academic, corporate, and government. The academic segment is further divided into K-12, higher education, and vocational training. SMB’s and large enterprises are the further classifications of the corporate segment. By geography, the market is segmented into North America, Europe, Asia Pacific, and Rest of the World (RoW).
The country-wise analysis has been also covered under the scope of the report. North America covers the U.S., and Canada, while Europe covers UK, Germany, France, Italy, and Rest of Europe. China, Japan, India, Australia, Korea, and Rest of Asia-Pacific have been analyzed under the Asia-Pacific market. Rest of the world includes Central & South America, the Middle East, and Africa.
The scope of the report covers in-depth analysis of the market in terms of both qualitative and quantitative analysis across the segments as well as cross-sectional analysis of the segments including the geographies and its countries. The market has been analyzed both from demand as well as supply-side to come to an accurate scenario. Products across application and application across geographies have been mapped to provide you a precise competitive scenario to have a leading edge in the market.
Top players in the global e-learning market are Adobe Systems, Inc., Aptara, Inc., Citrix Education, Cornerstone, Meridian Knowledge Solutions, NetDimensions., Microsoft Corporation, SAP SE, Oracle Corporation, Learning Pool, Cisco Systems, Inc., Apollo Education Group, Allen Interactions, Inc. and CERTPOINT Systems, Inc., among others.
The Highlights of the Report
Scope of the Global e-learning Market
Technology Type Segments
o Higher Education
o Vocational Training
o Large Enterprises
• North America
o Rest of Europe
o Rest of Asia-Pacific
• Rest of the World
o Central & South America
o The Middle East