African e-learning market to reach $4.71 billion by 2027 – Ripon College Days
According to the latest report of the IMARC group titled “Africa Online Learning Market: Industry Trends, Share, Size, Growth, Opportunities and Forecast 2022-2027the e-learning market in Africa reached a value of US$2.47 billion in 2021. Looking ahead, IMARC Group expects the market to reach US$4.71 billion by 2027, growing at a CAGR of 11.2% in 2022-2027. E-learning is an educational system based on formalized instruction that incorporates electronic devices and software to facilitate learning. It is a network that offers different learning capacities to undertake self-paced learning and select a personalized learning environment. E-learning is a cost-effective solution as it provides the student with online access to learning materials, which removes geographic barriers. This platform also allows students to choose from a diverse range of specially designed courses and to participate in interactive activities remotely.
We regularly monitor the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.
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Market Trends and Drivers:
The education system in Africa has remained underfunded, with most institutions lacking proper infrastructure and teaching staff. For this reason, government authorities in the region have invested in creating a modern education system to provide quality education to children. For example, the African Virtual University (AVU), a pan-African intergovernmental organization, uses information and communication technologies to deliver quality education and training in over 27 countries in Africa. The university has partnered with several African colleges and regional and international NGOs. As a result of these collaborations, there has been an increase in the adoption of e-learning technologies in Africa. This factor is further catalyzed by increasing sales of smartphones and other consumer electronics in the region, as well as increasing digitalization in the education sector.
Competitive Analysis and Segmentation of the Africa Online Learning Market 2022-2027:
Competitive landscape with key players:
The competitive landscape of the Africa e-learning market has been studied in the report along with the detailed profiles of key players operating in the market.
Some of these key players include:
- Via Africa
- Eneza Education
Key Market Segmentation:
The report has segmented the African e-learning market on the basis of product type, technology, industry, and country.
Breakdown by product type:
- Packaged content
Breakdown by technology:
- Mobile learning
- Simulation-based learning
- Game-based learning
- Learning Management System (LMS)
Breakdown by sector:
- Sector K-12
- Corporate and government learning
Breakdown of the market by country:
- South Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- The impact of COVID-19 on the market
- Value chain analysis
- Market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently covered in the report, we will provide it to you as part of the customization.
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