The E-Learning market is expected to grow at a CAGR of 17.5% to reach $ 840.11 billion in 2030.
.jpg
"The Global E Learning Market 2020-2030 (USD Billion)")
interaction with professors, trainers, and students through virtual classrooms and easy communication. E-learning technology schools are well ahead of those that still have a conventional approach to learning. Training programs that are administered by multinational companies (MNCs) mainly for professionals around the globe are enabled through e-learning. E-learning has proven to be the best way in the corporate world to render knowledge. E-learning helps employees to gain important skills with the benefit of accessing content online at their desired time and place.
The global e-learning market size is anticipated to reach USD 430 billion by 2028. This can be attributed due to the rising penetration of mobile-based learnings, increasing the necessity of virtual classrooms, etc.
E-Learning ensures end-to-end visibility through multiple functions, including inventory, shipments, and orders. Such visibility helps to decrease the network-wide inventory levels by enhancing response time animatedly, towards logistical actions. The digitalizing development has paved the path for the new supply chain-grade logistics applications for businesses by facilitating integration for transportation and core warehouse management systems and enable effectual process models.
E-Learning Market Scope
| Metrics | Details |
| Base Year | 2023 |
| Historic Data | 2018-2022 |
| Forecast Period | 2024-2030 |
| Study Period | 2018-2030 |
| Forecast Unit | Value (USD) |
| Revenue forecast in 2030 | $ 840.11billion |
| Growth Rate | CAGR of 17.5% during 2021-2030 |
| Segment Covered | Type, Learning, End User, Regions |
| Regions Covered | North America, Europe, Asia Pacific, South America, Middle East and Africa |
| Key Players Profiled | FUTURELEARN Limited, Adobe Systems Inc., Apollo Education Group, Inc., Articulate Global, Inc., Baidu Inc., Blackboard Inc., Cisco Systems, Inc., Citrix Systems, Inc., Compunnel Software Group Inc., Coursera, Inc., D2L Corporation, Docebo, Inc, edX Inc, Epicor Software Corporation, and GitHub Inc. |
Key Segments of the Global E-Learning Market
Type Overview, (USD Billion)
- Packaged Content
- Service
- Platform
Learning Mode Overview, (USD Billion)
- Instructor Based
- Self-Paced
End-User Overview, (USD Billion)
- K-12
- Higher Education
- Corporate
- Government
- Others
Regional Overview,(USD Billion)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
- Middle East and Africa
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Rest of South America
Reasons for the study
- The purpose of the study is to give an exhaustive outlook of the global E-Learning market. Benchmark yourself against the rest of the market.
- Ensure you remain competitive as innovations by existing key players to boost the market.
What does the report include?
- The study on the global E-Learning market includes qualitative factors such as drivers, restraints, and opportunities
- The study covers the competitive landscape of existing/prospective players in the E-Learning industry and their strategic initiatives for the product development
- The study covers a qualitative and quantitative analysis of the market segmented based on organization type, component, deployment, and application. Moreover, the study provides similar information for the key geographies.
- Actual market sizes and forecasts have been provided for all the above-mentioned segments.
Who should buy this report?
- This study is suitable for industry participants and stakeholders in the global E-Learning market. The report will benefit:
- Every stakeholder involved in the E-Learning market.
- Managers within the Tech companies looking to publish recent and forecasted statistics about the global E-Learning market.
- Government organizations, regulatory authorities, policymakers, and organizations looking for investments in trends of global E-Learning market.
- Analysts, researchers, educators, strategy managers, and academic institutions looking for insights into the market to determine future strategies.
Frequently Asked Questions (FAQ) :
The type of the e learning market Packaged Content, Service, and Platform
The global e learning market size is expected to reach $840.11billion in 2030
North America dominated the market for e learning market and accounted for the largest revenue share.
Significant factors affecting to the growth of global e-learning market are the decreasing price of digital learning solutions, need to educate a large number of people at low cost, the fact that learning from the digital platform is more convenient and affordable than going to school, and the need of engaging the modern workforce in life-long learning. Rising demand from developing countries is further expected to fuel the e-learning market growth in the given analysis period. E-learning provides access to world-class educational resources for developing country people that might not be accessible in person in their home country.
In addition, many service providers give e-learning platforms to students that help them to access online study materials and to attend virtual classrooms with specialized subject expert’s assistance. The effectiveness of these services has increased with the adoption of videos, PPTs, and animated images or clips in the study material, which in turn drives the growth of the e-learning market over the forecasted period.
Type Segment
On the basis of types, the market is categorized into packaged content, service, and platform. The packaged content segment dominated the overall e-learning market which occupied a 61% share in 2019 and is anticipated to maintain its position over the forecast period 2020 -2028.
Learning Mode Segment
Instructor based and self-paced are the major learning modes considered in the global e-learning market study. The self-paced learning mode segment is expected to grow faster than the instructor based learning mode in the global market over the forecast period 2020 -2028.
Type Segment
On the basis of types, the market is categorized into packaged content, service, and platform. The packaged content segment dominated the overall e-learning market which occupied a 61% share in 2019 and is anticipated to maintain its position over the forecast period 2020 -2028.
Learning Mode Segment
Instructor based and self-paced are the major learning modes considered in the global e-learning market study. The self-paced learning mode segment is expected to grow faster than the instructor based learning mode in the global market over the forecast period 2020 -2028.
End-User Segment
Based on the end-users, the global e-learning market is bifurcated into K-12, higher education, corporate, government, and others. The corporate segment is expected to be the fastest-growing segment in the global market over the forecast period 2020 -2028.
Based on the end-users, the global e-learning market is bifurcated into K-12, higher education, corporate, government, and others. The corporate segment is expected to be the fastest-growing segment in the global market over the forecast period 2020 -2028.
On the geographical front, Asia Pacific will be the fastest-growing region in the global e-learning market in 2019 and North America holds the largest market share in the given analysis period.
Major regions analyzed in this market are North America, Europe, Asia Pacific, South America, and Middle East & Africa. Among these, North America holds the largest share of around 47% in the e-learning market in 2019. The major reason behind this growth is the increasing expansion of the e-learning system and related products across the region. Furthermore, the rising number of student enrolment for online learning platforms in the US is another factor contributing to the growth of the e-learning market in the region.
The major players of the global e-learning market are Cengage Learning, Macmillan Education, Cornerstone OnDemand Inc., Apollo Education Group Inc., BlackBoard, Oracle, Pearson PLC, The British Council, McGraw-Hill, D2L, Educomp, Instructure, English Attack, Coursera, Latitude CG, etc. The global e-learning market is driven mainly by major market players, who hold large market shares. In order to attract a wide client base from various end-user segments, companies should focus more on launching several LMS modules, bundled content, and enhanced learning courses.