A learning system based on formalized teaching via electronic resources is known as E-learning. While teaching can be based in or out of the classrooms, the use of computers and the Internet forms the major component of E-learning. E-learning can also be termed as a network enabled transfer of skills and knowledge, and the delivery of education is made to a large number of recipients at the same or different times. Increased government push toward online courses and education platform is providing great opportunities to the market players. Moreover, the corporate sectors are focused on hiring skilled and well-trained employees that will offer value to business operations and enhance enterprise productivity.
E-Learning Market: Key Players
The research study includes profiles of leading companies operating in the global E-Learning market. Key players profiled in the report include: Adobe Systems Inc., Allen Interactions Inc., Apollo Education Group, CERTPOINT Systems Inc., Cisco Systems, Citrix Education, Cornerstone, Meridian Knowledge Solutions, Microsoft Corporation & Oracle Corporation.
Coursepath and ILT Solutions announced an e-learning partnership, to offer its partners and employees a tailor made and fast access to the software tools.
Drivers for the Global E-Learning Market:
The rise in the adoption of technology-enabled teaching & training techniques is driving the market growth. Some of the major emerging technologies in the industry include AR & VR devices, AI platform, Big Data, machine learning, and wearable devices. These technologies are allowing several businesses as well as institutions to share and deliver education-based content in innovative and interactive methods. Moreover, several service providers are providing learning platforms to students to help them access study materials online and attend virtual classrooms & chats with any course specialist to clear queries related to various subjects or topics. Increased effectiveness of these programs with the help of PPTs, videos, and animated clips or images is a major factor driving the market growth.
Opportunities for the Global E-Learning Market:
The cloud computing has grown prominently from recent years and is anticipated to replace conventional systems over the forecast timespan. As e-learning systems require many hardware and software resources, cloud-based e-learning provides massive reductions in operational costs, allowing users to have exposure to the content through the internet, eliminating the need to download and install specific software requirements for applications. While Learning games in phones and televisions combine entertainment and education for the younger age group. Such factors are anticipated to positively impact the market size.
Restrains for the Global E-Learning Market:
Lack of peer to peer interaction is the major drawback of this solutions, which is hampering the growth of the market. While Slow internet connection and poor network are other factors hampering the growth of the market, especially in remote areas. However, everyone is habitual of using conventional ,methods, hence the Adaptability Issues can create a negative impact at the growth of the market. Thus, all these factors are hampering the growth of the E-Learning market.
Region Wise, Global E-Learning Market Analysis:
Report covers the region wise analysis, global E-Learning market can be segmented into North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all, Latin America leads the global E-Learning market share followed by Asia-Pacific and Europe. While the Latin America leads the global E-Learning market due to the due to development of educational institutions for uplifting the literacy levels of the region. In markets including Brazil, Mexico, and Argentina, the government bodies are investing highly for developing education platforms for students. With the rise in investments, the demand for cost-effective learning technologies is growing rapidly in the market. Moreover, the rise in the internet access to citizens in the region is accelerating the demand for online courses. The Brazil higher education market has witnessed quantitative and qualitative levels of significant advancements and developments. The development has been the result of an increase in significant enhancement in the quality of education imparted and the number of institutes.
Global E-Learning Market: Product analysis
- Online E-Learning
- Learning Management System (LMS)
- Mobile E-Learning
- Rapid E-Learning
- Virtual Classroom
Global E-Learning Market: Application analysis
- Academic [K-12, Higher Education, Vocational Training]
- Corporate [SMBs, Large Enterprises]
Global E-Learning Market: Region analysis
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of L.A.
- Middle East and Africa
- South Africa
- Rest of Middle East
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