Global E-learning Market Outlook and Forecast 2018-2023 by Delivery Mode, Learning Mode, Type, End-User and Geography

Dublin, Feb. 06, 2018 -- The "E-learning Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering.

The e-learning market is expected to generate revenue of $65.41 billion by 2023, growing at a CAGR of 7.07% during the forecast period.

This market research report on the e-learning market offers analysis on market size and forecast, market share, industry trends, growth drivers, and vendor analysis. It includes insights on segmentation by delivery mode (packaged content, SaaS/LMS, and others), learning mode (self-paced and instructor-led), type (training and testing), end-user (K-12, higher education, corporates, government, and vocational), and geography (North America, APAC, Europe, MEA, and Latin America).

The introduction of technology-enabled learning that helps organizations train human resource is driving the growth of the global e-learning market. These training modules offer continuous and effective learning at an optimal cost and provide customized course content that meets the specific requirements of end-users. The advent of cloud infrastructure, peer-to-peer problem solving, and open content creation will help to expand business opportunities for service providers in the global e-learning market.

Vendors are also focusing on offering choices on the course content at competitive prices to gain the share in the global e-learning market. The exponential growth in the number of smartphone users and internet connectivity across emerging markets is driving the e-learning market in these regions. The introduction of cloud-based learning and AR/VR mobile-based learning is likely to revolutionize the e-learning market during the forecast period.

Major vendors are introducing technology-enabled tools that can facilitate the user engagement, motivate learners, and help in collaborations, thereby increasing the market share and attracting new consumers to the market. The growing popularity of blended learning that enhances the efficiency of learners will drive the growth of the e-learning market.

Market Dynamics

Market Growth Enablers

• Increase in Penetration of Internet and Internet-enabled Devices
• Global Workforce and Migration of Skilled Labors
• Digitization Initiatives in Learning and Training Avenues
• Perennial Private Investments in Digital Language Learning

Market Growth Restraint

• Need for Continuous Product Innovation
• Variability in Hardware and Software
• Limited Access to Closed Markets and Platforms and Losing Bargaining Power
• Inadequate Internet Bandwidth in Developing Countries
• Lack of Viable Revenue and Monetization Models

Market Opportunities & trends

• Increase in Going Mobile and Going Social Trend
• Blended Learning to Emerge as a Norm in Education Technology
• Increased Applications of VR and AR in E-learning

The major vendors in the global market are as following:

• Apollo Education Group Inc.
• BlackBoard Learn
• The British Council
• Oracle
• Pearson PLC

Other prominent vendors include:

• Docebo
• McGraw-Hill eLearning Group
• Aptara
• Desire2Learn
• Edmodo
• Skillsoft
• Cengage Learning
• Macmillan Education
• Cornerstone OnDemand Inc
• Educomp

For more information about this report visit https://www.researchandmarkets.com/research/mt6fvn/global_elearning?w=12

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