Global e-learning market to reach $ 457.8 billion by 2026

0

FACTS AT A GLANCE
Editing: 18; Posted: May 2021
Management commitments: 74720
Companies: 7916 – Players covered include Absorb Software Inc .; Adobe Systems Inc .; Aptara Inc .; Articulate Global, Inc .; bit media e-solution GmbH; Blackboard, Inc .; Cisco Systems, Inc .; Cornerstone OnDemand, Inc .; Coursera Inc .; D2L Company; edX Inc .; Fischer, Knoblauch & Co.; Become smarter; Hewlett-Packard Development Company, LP; Hurix Systems Private Ltd .; Inspired eLearning, LLC .; International Business Machines Corporation; Intralearn Software Corporation; Macmillan learning; McGraw-Hill; NYIF.com; Oracle Corporation; Pearson Education; Personality learning; SAP SuccessFactors, Inc .; Skillsoft Limited and others.
Blanket: All major geographies and key segments
Segments: Segment (academic, business and government)
Geographies: World; United States; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia Pacific; Rest of the world.

Free Project Preview –

This is an ongoing global program. Preview our research program before making a purchase decision. We offer free access to qualified executives in charge of strategy, business development, sales and marketing and product management roles in selected companies. Insights provide privileged access to business trends; competing brands; profiles of experts in the field; and market data models and more. You can also create your own bespoke report using our MarketGlass ™ platform which offers thousands of bytes of data with no obligation to purchase our report.

Registry overview

ABSTRACT-

Global e-learning market to reach $ 457.8 billion by 2026
E-learning can be defined as the delivery of educational content through the use of electronic technology, which can include compact discs (CDs), computer-based training (CBT) or web applications. Over the years, online learning has become an important part of the modern education system. Since its introduction, e-learning has found many applications in various industries including IT, marine, retail, healthcare, telecommunications, and financial services. These sectors use e-learning programs for employee training as well as for the dissemination of information. Few of the factors responsible for the growth of online learning in the academic and professional environment include the rapid advancements in internet technology, including high-speed internet access, the expansion of bandwidth, and the launch of 5G networks. ; innovations in e-learning services; develop new and powerful e-learning technologies; rapid penetration of smartphones and tablets and increased use of them for education thanks to the digitization of consumer lifestyles; the drop in mobile and fixed internet prices and the resulting sharp increase in the number of Internet users; growing wave of BYOD in business and the resulting popularity of implementing e-learning and corporate training via tablets and smartphones; and supportive government initiatives that support the use of technology in education.

Amid COVID-19 Crisis, Global Online Learning Market Is Estimated At US $ 250.8 billion in 2020, is expected to reach a revised size of US $ 457.8 billion by 2026, with a CAGR of 10.3% over the analysis period. Academic, one of the segments analyzed in the report, is expected to register a CAGR of 10.2% and reach 314 billion US dollars at the end of the analysis period. After a thorough analysis of the business implications of the pandemic and the induced economic crisis, the growth of the Enterprise segment is readjusted to a revised CAGR of 10.6% for the next 7-year period. Ongoing efforts to digitize content in the academic sector and increase student enrollment in part-time and full-time online courses are helping to support the growth of the academic segment. Demand in the business segment is driven by factors such as increasing demand for social learning tools such as Twitter, Facebook and YouTube and developments in Web 2.0 technologies; increased adoption of integrated talent management solutions such as recruiting, performance and succession management, learning management and compensation management; lower communication and technology costs; geographical dispersion of employees; and the need to continuously develop technical skills and capacities and the need to train large numbers of employees to ensure greater economies of scale.

The US market is estimated at $ 90 billion in 2021, when China is expected to reach $ 105.7 billion by 2026
The online learning market in the United States is estimated at US $ 90 billion in 2021. China, the world’s second-largest economy, is expected to reach a projected market size of 105.7 billion US dollars by 2026, with a CAGR of 12.2% over the analysis period. Other notable geographic markets include Japan and Canada, each projects growth of 7.6% and 8.6% respectively over the period of analysis. In Europe, Germany is expected to grow at around 9.7% CAGR. The online learning market in developing regions is evolving into a dynamic growth sector as public universities, governments and local providers enter the market. There are several factors that are boosting the e-learning market in developing countries, for example, e-learning helps to reduce infrastructure costs and expenses eg cost of classroom space as well as the purchase or rental of textbooks, resulting in lower education costs for people in developing countries. In addition, e-learning eradicates logistical problems caused by poor public transport and poor road infrastructure in developing countries. Following

MarketGlass ™ platform

Our MarketGlass ™ platform is a free comprehensive knowledge center that is customizable to meet the intelligence needs of today’s busy business leaders! This interactive influencer-driven research platform is at the heart of our core research engagements and draws on the unique perspectives of participating leaders from around the world. Features include – enterprise-wide peer-to-peer collaborations; overviews of research programs relevant to your business; 3.4 million profiles of experts in the field; competitive company profiles; interactive research modules; custom report generation; monitor market trends; competing brands; create and publish blogs and podcasts using our primary and secondary content; follow events in the field around the world; and much more. Client companies will have full insider access to the project’s data stacks. Currently used by over 67,000 subject matter experts around the world.

Our platform is free for qualified executives and is accessible from our website www.StrategyR.com or via our mobile application which has just been released on ios Where Android

About Global Industry Analysts, Inc. and StrategyR ™

Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher, the only influencer-focused market research company in the world. Proudly serving more than 42,000 clients in 36 countries, GIA has been recognized for its accurate forecasting of markets and industries for more than 33 years.

CONTACTS:

Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
E-mail: [email protected]

CONNECTIONS
Join our panel of experts
https://www.strategyr.com/Panelist.asp

Connect with us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow us on twitter
https://twitter.com/marketbytes

Journalists and media
[email protected]

SOURCE Global Industry Analysts, Inc.

Related links

http://www.strategyr.com



Source link

Leave A Reply

Your email address will not be published.