What is the Size of Global E-Learning Industry?
The Global E-Learning Market is largely driven by demand for internet-enabled devices like IOT (Internet of things), growing need for strong workforce skills and significant demand for individual-focused learning experiences.
Global E-learning Market is at a growing stage. It is a fragmented market with the presence of many e-learning companies. The e-learning market has seen emergence of abundant players in the past 5 years and the industry will further boost owing to the needs and wants of consumers for a more personalized learning platform.
Few major global e-learning players are Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Meridian Knowledge Solutions, Microsoft Corporation etc. The highest growth is expected from the majorly populated APAC region. The high growth rate can be attributed to many middle-income groups in developing countries like India, a preferred market for vendors.
An increase in internet and smartphone penetration is the fundamental driver of e-learning market growth. The cloud segment is leading the industry globally and is expected to register the fastest CAGR over the foreseen period.
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Global E-Learning Market By Provider
The Global E-Learning market is segmented by Provider into Service Provider and Content Provider. Service Providers were the most dominant form of provider used in Global E-Learning market in 2022.
Global E-Learning Market by Course
The Global E-Learning market is segmented by Course into Primary and Secondary Education, Higher Education, Online Certification and Professional Course and Test Preparation. Primary and Secondary Education was the most preferred form of course in 2022 in Global E-Learning market.
Global E-Learning Market by Deployment Model
The Global E-Learning market is segmented by Deployment Model into On-premise and Cloud. Cloud was the most dominant in 2022.
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Global E-Learning Market by End User
The Global E-Learning market is segmented by End User into Academic, Corporate and Government. Academic held the major market share in Global E-Learning market in 2022.
Global E-Learning Market By Region
The Global E-Learning market is segmented by Region into North America, Europe, Asia-Pacific and LAMEA. North America held the majority of the share in the Global E-Learning market in 2022.
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