The introduction of cloud-based learning and AR/VR mobile-based learning is likely to...

The introduction of cloud-based learning and AR/VR mobile-based learning is likely to revolutionize the e-learning market during the forecast period.

60
0
SHARE

LONDON, Jan. 22, 2018 /PRNewswire/ This market research report on the e-learning market offers analysis on market size and forecast, market share, industry trends, growth drivers, and vendor analysis. It includes insights on segmentation by delivery mode (packaged content, SaaS/LMS, and others), learning mode (self-paced and instructor-led), type (training and testing), end-user (K-12, higher education, corporates, government, and vocational), and geography (North America, APAC, Europe, MEA, and Latin America).

Download the full report: https://www.reportbuyer.com/product/5289135

E-Learning Market – Overview
The introduction of technology-enabled learning that helps organizations train human resource is driving the growth of the global e-learning market. These training modules offer continuous and effective learning at an optimal cost and provide customized course content that meets the specific requirements of end-users.

The advent of cloud infrastructure, peer-to-peer problem solving, and open content creation will help to expand business opportunities for service providers in the global e-learning market. Vendors are also focusing on offering choices on the course content at competitive prices to gain the share in the global e-learning market.

The exponential growth in the number of smartphone users and internet connectivity across emerging markets is driving the e-learning market in these regions. The introduction of cloud-based learning and AR/VR mobile-based learning is likely to revolutionize the e-learning market during the forecast period.

Major vendors are introducing technology-enabled tools that can facilitate the user engagement, motivate leaners, and help in collaborations, thereby increasing the market share and attracting new consumers to the market. The growing popularity of blended learning that enhances the efficiency of learners will drive the growth of the e-learning market. The e-learning market is expected to generate revenue of $65.41 billion by 2023, growing at a CAGR of 7.07% during the forecast period.

E-Learning Market – Dynamics
The increasing number of mobile users and the growing trend of social media learning are augmenting the growth of the global e-learning market. E-learning content developers are focusing on developing bit-sized lessons and deploying learning modules in sprints to match the daily routine of mobile users.

Services providers are focusing on developing new e-learning content through continuous news feeds, peer-to-peer challenges, flashcards, and content collaboration to attract many consumers and introduce learning modules.

The growth of the social media is paving the way for the emergence of new education paradigms such as hybrid and online learning. These new learning methods ensure the maximum amount of engagement levels and offer flexibility to end-users. The development of new modules will attribute to the growth of the e-learning market.

E-Learning Market Segmentation
The research report includes a detailed segmentation of the market by delivery mode, learning mode, type, end-user, and geography.

E-Learning Market By Delivery Mode
Packaged content delivery mode to occupy the largest market share in the e-learning market during forecast period

The e-learning market by delivery mode is categorized into packaged content, SaaS/LMS, and others. The packaged content delivery mode dominated the e-learning market occupying over 29% of the total market share.

The packaged content segment consists of e-books, videos, and simulations, which is a major part of the online learning module. These courses are available on various digital platforms that are prepared in accordance with regulations and standards.

The introduction of assessments and component questions for special kind of learning content is creating the demand for packaged learning in the global e-learning market. IMS Question and Test Interoperability (QTI) are the specifications introduced to standardize the assessment in packaging and delivery of content in this market.

E-Learning Market By Learning Model
Self-paced learning to dominate the e-learning market during the forecast period

The e-learning market by learning mode is classified into self-paced and instructor-led learning. The self-paced learning mode was the largest segment in the e-learning market accounting for over 77% of the total market share in 2017 and is expected to reach $43.54 billion during the forecast period. North America captured approximately 50% of the total self-paced learning market share in 2017.

Growing preference toward continuous learning and using technology to access content anytime and from anywhere are driving the growth of this segment in the global e-learning market. The growing demand for self-paced learning module from the corporate sector will create new opportunities for vendors in this market during the forecast period.

E-Learning Market By Type
The training segment in the e-learning market to occupy the largest market share during the forecast period

The e-learning market by type is segmented into training and testing segments. The training segment dominated the e-learning market occupying close to39% of the total market share in 2017 and will reach revenue of $55.15 billion during the forecast period. The training segment functions through the interaction of the user with the courseware or LMS systems.

This type of learning module includes a wide variety of audio and video content that can be streamed or stored as per the learner’s requirement. The growing demand for LMS systems from professional, governmental-related, and academic sectors is propelling the growth training segment in the global e-learning market.

E-Learning Market By End-Users
Corporate sectors to grow at the fastest CAGR in the e-learning market during the forecast period

The end-user segment in the e-learning market is classified into K-12, higher education, corporates, government, and vocational. The corporate segment was the fastest growing end-user segment in the global e-learning market generating revenue of$12.85 billion in 2017 and is projected to grow at aCAGR of 9.76% during the forecast period. The shift toward cloud-based learning that is cost-effective, efficient, and time-saving will boost the growth of the corporate sector in the e-learning market.

The growing demand for training programs and content covers compliance and IT management and industry related courses is driving the market for e-learning in the corporate sector.

E-Learning Market By Geography
North America to dominate the e-learning market share during the forecast period

The geographical segment in the e-learning market is classified into North America, APAC, Europe, MEA, and Latin America. The US and Canada are the largest revenue generators in the e-learning market in North America.

The increasing availability of internet infrastructure and the high penetration of smartphones and tablets in North America are driving the growth of the e-learning market in the region. Advantages such as extensive access to innovative learning and training solutions are propelling the demand for e-learning modules in the North American market. Vendors are focusing on offering learning modules with high engagement levels, degree of customization, and the quality of content to gain the market share in the e-learning market in North America.

Key Countries Profiled

The key countries profiled in the report are:
US
Canada
UK
France
Spain
China
Japan
India

Key Vendor Analysis
The e-learning market is primarily driven by the leading vendors that occupy major market shares. Service providers are focusing on offering customized learning modules that match requirements of consumers, thereby increasing market share in the global e-learning market.

The introduction of various modules of LMS, packaged content, and amplified learning courses will help the prominent players attract a wide customer base from different end-user segments. The launch of freemium offerings with attractive short-term subscription pricing and increasing investment for product development is developing new opportunities for new entrants in the global e-learning market.

The major vendors in the global market are as following:
Apollo Education Group Inc.
BlackBoard Learn
The British Council
Oracle
Pearson PLC

Other prominent vendors include Docebo, McGraw-Hill eLearning Group, Aptara, Desire2Learn, Edmodo, Skillsoft, Cengage Learning, Macmillan Education, Cornerstone OnDemand Inc., and Educomp.

Key market insights include
1. The analysis of the e-learning market provides market size and growth for the forecast period 20182023.
2. It offers comprehensive insights on current industry trends, trend forecast, and growth drivers about the e-learning market.
3. The report provides the latest analysis of market share, growth drivers, challenges, and investment opportunities.
4. It offers a complete overview of market segments and the regional outlook of e-learning market.
5. The study offers a detailed overview of the vendor landscape, competitive analysis, and key market strategies to gain competitive advantage.

According to the latest industry analysis by Arizton, the global e-learning market size is expected to reach $65.41 billion by 2023, growing at a CAGR of 7.07% 20172023. The market research report provides in-depth market and segmental analysis of the global e-learning market by delivery mode, learning mode, type, end-user, and geography.

Base Year: 2017
Forecast Year: 20182023

The study considers the present scenario of the global e-learning market and its market dynamics for the period 2018?2023. It covers a detailed overview of various market growth enablers, restraints, and trends.

The study covers both the demand and supply sides of the market. It profiles and analyzes the leading companies and other prominent companies operating in the market.

Major Vendors in the E-Learning Market
Apollo Education Group Inc.
o Business Overview
o Financial Performance
o Key Strengths
o Key Strategies
o Key Opportunities
BlackBoard Learn
The British Council
Oracle
Pearson PLC

Prominent Players in the E-Learning Market
Docebo
o Service Offerings
McGraw-Hill eLearning Group
Aptara
Desire2Learn
Edmodo
Skillsoft
Cengage Learning
Macmillan Education
Cornerstone OnDemand Inc.
Educomp

Market Segmentation by Delivery Mode
Packaged Content
SaaS/LMS
Others

Market Segmentation by Learning Mode
Self-paced
Instructor-led

Market Segmentation by Type
Training
Testing

Market Segmentation by End-user
K-12
Higher Education
Corporates
Government
Vocational

Market Segmentation by Geography
North America
o US
o Canada

Europe
o UK
o France
o Spain

APAC
o China
o Japan
o India

Latin America
MEA

Download the full report: https://www.reportbuyer.com/product/5289135

About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers

For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: sarah@reportbuyer.com
Tel: +1 (718) 213 4904
Website: www.reportbuyer.com

Cision View original content:http://www.prnewswire.com/news-releases/the-introduction-of-cloud-based-learning-and-arvr-mobile-based-learning-is-likely-to-revolutionize-the-e-learning-market-during-the-forecast-period-300585976.html

SOURCE ReportBuyer

Source

NO COMMENTS