According to IMARC Group’s latest report, titled “E-Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global market reached a value of US$ 253.3 Billion in 2021. E-learning is a learning system that relies on electronic resources, including computer devices and information and communication technology (ICT), to impart the lessons. It offers information in the form of animation, videos, images, texts, and audios via the internet, interactive TV or CD-ROM, intranet, satellite broadcast, etc. E-learning systems ensure personalization, save time, and control overhead costs. Consequently, they find widespread applications across numerous sectors, such as academic, healthcare, corporate, government, etc.
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The growing adoption of e-learning solutions and virtual teaching methods by educational institutes, particularly during consequent lockdowns imposed across several nations in the wake of the COVID-19 pandemic, is primarily driving the e-learning market. Besides this, the increasing sales of smartphones and the expanding penetration of wireless communication technologies are acting as significant growth-inducing factors. Additionally, the rising demand for e-learning solutions in the agriculture sector to get easy access to educational content on the usage of precision and sustainable farming methods is further augmenting the market growth. Apart from this, the launch of gamification techniques to boost participation and engagement among the learners are expected to stimulate the global e-learning market in the coming 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.
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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
- Impact of COVID-19
- Value Chain Analysis
- 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.
About Us:
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.
