DUBLIN--(BUSINESS WIRE)--The "E-Learning - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global E-Learning Market to Reach $499.1 Billion by 2027
Amid the COVID-19 crisis, the global market for E-Learning estimated at US$250.8 Billion in the year 2020, is projected to reach a revised size of US$499.1 Billion by 2027, growing at a CAGR of 10.3% over the period 2020-2027. Academic, one of the segments analyzed in the report, is projected to record 10.2% CAGR and reach US$314 Billion by the end of the analysis period.
The U.S. Market is Estimated at $76.2 Billion, While China is Forecast to Grow at 12.2% CAGR
The E-Learning market in the U.S. is estimated at US$76.2 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$118.6 Billion by the year 2027 trailing a CAGR of 12.2% over the period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.6% and 8.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.7% CAGR.
What's New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to a digital archives and Research Platform
- Complimentary updates for one year
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
- School Closures Due to the Pandemic Prompt Boom in E-Learning
- Web Conferencing Accelerates Move towards Location Agnostic Interactive and Synchronous Learning in Education Sector
- Video Conferencing Platforms Gain Traction in Remote Learning During COVID-19
- Google Augments Learning Management with Robust Solutions
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- e-Learning Brings in a New Transformation in Education Sector
- Rapid Internet Penetration Catalyzes Broad Based Growth in the Market
- Internet Ubiquity, Speed & Bandwidth Explosion Provides the Support Platform for the Proliferation of e-Learning Services
- Video Use in e-Learning Witnesses Robust Growth
- Higher User Engagement with Short Videos as Compared to Other Forms of Content Drives the Value of Creating Short But Effective e-Learning Video Content
- Academic Sector Remains the Largest Market for e-Learning
- Corporate & Government e-Learning: The Fastest Growing Segment
2. FOCUS ON SELECT PLAYERS (Total 290 Featured)
- 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 Corporation
- edX Inc.
- Fischer, Knoblauch & Co.
- GetSmarter
- Hewlett-Packard Development Company, L.P.
- Hurix Systems Private Ltd.
- Inspired eLearning, LLC.
- International Business Machines Corporation
- Intralearn Software Corporation
- Macmillan Learning
- McGraw-Hill
- NYIF.com
- Oracle Corporation
- Pearson Education
- Persona Learning
- SAP SuccessFactors, Inc.
- Skillsoft Limited
3. MARKET TRENDS & DRIVERS
- AR & VR Technologies Take e-Learning to the Next Level in Efficiency Enhancement
- Augmented Reality (AR) Makes e-Learning More Engaging, and Interactive
- Virtual Reality (VR) & Wearable Devices Contribute to Cost-effective Online Learning & Training
- Advances in Artificial Intelligence Drives Adaptive and Personalized e-Learning
- Commercialization of AI Technology Boosts Use of AI in e-Learning
- Companies Turn towards Learning Experience Platform (LXP)
- Rise in User Generated Content
- Technology Innovations Continue to Benefit Market Growth
- Select Innovations and Advancements
- Select e-Learning Products
- Cloud: Growing Domain for e-Learning Application Development & Delivery
- Myriad Benefits of Cloud Drive Opportunities for Cloud as the Future of e-Learning Infrastructure
- Big Data Analytics to Drive Personalized Learning Experiences
- Role of Social Media in e-Learning Grows Stronger
- Social and Collaborative Learning Picks up Momentum Among Companies
- Expanding Social Presence Continues to Play a Central Role in the Integration of Social Networking with Education
- Rapid e-Learning: A Viable Alternative to Conventional Development Techniques
- Supportive Government Policies Provide the Foundation for Growth
- Emerging Economies Drive Growth in the Market
- Web Conferencing Emerges as a Major Collaborative Tool in e-Learning
- Creation of a Personal Learning Environment (PLE), the Most Rewarding Aspect of e-Learning
- MOOCs: New Form of Online Training
- LMS: A Key Contributor to e-Learning
- Microlearning Gains Traction in Corporate eLearning
- m-Learning Emerges to Revolutionize e-Learning
- Apps Critical to the Growth of m-Learning
- Development of HTML5
- M-Learning VAS Offers Support Structure for m-Learning
- Gamification of Learning, the Most Lucrative Way to Monetize e-Learning
- Shadow Education Emerges to Drive a Large Chunk of Growth in the Academic/ Educational Sector
- Growing Student Population Benefits Growth of e-Learning in the Academic Sector
- Burgeoning World Student Population Expands the Addressable Market Opportunity for e-Learning Technologies
- Academic e-Learning to Leverage the Growing Trend of BYOD in Classrooms
- Proliferation of BYOD among Enterprises Opens New Avenues for the Growth of Corporate m-Learning
- Key Challenges to Market Growth
4. GLOBAL MARKET PERSPECTIVE
III. REGIONAL MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/irtgzr