PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236123
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1236123
The global E-Learning Market is valued at approximately USD 215 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 20 % over the forecast period 2022-2029. E-Learning refers to the storage and availability of courses in online applications or websites. It includes services and content across government, corporate, and academics. The E-Learning market is expanding because of factors such as the rising penetration of internet users and the growing adoption of smartphones. Also, growing investment towards advancement of technologies across end user industries is another major factor surging the market growth in the forecast period
According to the International Telecommunication Union (ITU), nearly 4.9 billion people will use the internet globally in 2021, up from 4.1 billion in 2019. More people will be able to access e-learning platforms as the number of internet users grows, allowing them to learn courses or complete degrees. Whereas the rising use of cloud-based platforms and favorable initiatives by market players create lucrative opportunities for the market. However, lower interaction with fellow learners hampers the market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global E-Learning Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand from academic, government, and corporate sectors, and growing internet penetration. Also, North America is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising fast technological adoption by various organizations, etc.
In April 2022: Pearson acquired Mondly, a global online language-learning platform. This acquisition allows Pearson to offer a full range of ways to learn English skills.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable