According to the latest report of the IMARC group, entitled “Online Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, the The global e-learning market has reached a value of US$253.3 billion in 2021. E-learning or e-learning is the process of gaining knowledge through electronic technologies and media. Learning is conducted via the Internet, intranet, satellite broadcast, interactive television or CD-ROM, where students can access their online learning materials anytime, anywhere. E-learning is delivered in the form of online courses, degrees and programs to a large number of recipients at the same time by offering interactive courses, video conferences and live lectures on a wide range of subjects.
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The global e-learning market is mainly driven by the increasing penetration of internet and smart devices. Furthermore, e-learning is increasingly gaining popularity as a cost-effective training and learning technique in the corporate and academic sectors. In addition to this, the market is fueled by the advent of cloud-based learning management systems and software as a service (SaaS). Additionally, with the spread of the coronavirus disease (COVID-19) pandemic, institutions are turning to online learning solutions to supplement the curriculum due to the strict social distancing and lockdown measures being implemented. by the governments of various countries. Furthermore, technological advancements in virtual and augmented reality are also expected to have a significant impact on the growth of the market in the coming years. Looking ahead, IMARC Group expects the global e-learning market to reach US$521.8 billion by 2027 growing at a CAGR of 9.9% during the period 2022 -2027.
Like the novel coronavirus (COVID-19[female[feminine) the crisis is taking over the world, we are constantly monitoring the changes in the markets, as well as the behaviors of the consumers of the sector in the world and our estimates on the latest market trends and forecasts are made after taking into account the impact of this pandemic.
Competitive landscape with key players:
- Adobe Inc.
- Aptara Inc. (iEnergizer)
- Blackboard Inc.
- Cisco Systems Inc.
- GP Strategies Corporation
- Instructure Inc. (Thoma Bravo)
- Oracle Corporation
- Pearson Plc
- SAP SE
- Skillsoft Corporation
- Thomson Reuters Corporation (The Woodbridge Company).
Breakdown by technology:
- online e-learning
- Learning management system
- Mobile e-learning
- Fast online learning
- Virtual classroom
Breakdown by supplier:
Breakdown by application:
- Higher Education
- Professional training
- Small and medium enterprises
- Large companies
Breakdown by region:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
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Main highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Structure of the global market
- 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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