According to IMARC Group’s latest report, titled “E-Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global e-learning market reached a value of US$ 253.3 Billion in 2021. E-learning or online learning is the process of acquiring knowledge through electronic technologies and media. The learning is conducted via the internet, intranet, satellite broadcast, interactive TV, or CD-ROM, where students can access their learning materials online at any given place or time. E-learning is imparted in the form of online courses, degrees and programs to a large number of recipients at the same time by offering interactive classes, video conferencing, and live lectures on a wide range of topics.
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The global e-learning market is primarily driven by the growing penetration of the internet and smart devices. Besides this, e-learning is increasingly gaining popularity as a cost-effective training and learning technique across 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). Moreover, with the spread of the coronavirus disease (COVID-19) pandemic, institutions are shifting toward e-learning solutions to complete the curriculum owing to the strict social distancing and lockdown measures implemented by governments in various countries. Furthermore, technological advancements in virtual and augmented reality are also expected to significantly impact the market growth in the upcoming years. Looking forward, IMARC Group expects the global e-learning market to reach US$ 521.8 Billion by 2027, exhibiting at a CAGR of 9.9% during 2022-2027.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering 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).
Breakup by Technology:
- Online E-Learning
- Learning Management System
- Mobile E-Learning
- Rapid E-Learning
- Virtual Classroom
- Others
Breakup by Provider:
- Services
- Content
Breakup by Application:
- Academic
- K-12
- Higher Education
- Vocational Training
- Corporate
- Small and Medium Enterprises
- Large Enterprises
- Government
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
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Key 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
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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