Global E-Learning Strategic Analysis Report 2023: Market to Reach $686.9 Billion by 2030

Global E-Learning Strategic Analysis Report 2023: Market to Reach 6.9 Billion by 2030
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Global Market for E-Learning

Global Market for E-Learning

Global Market for E-Learning

Dublin, June 30, 2023 (GLOBE NEWSWIRE) — The “E-Learning: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global E-Learning Market to Reach $686.9 Billion by 2030

In the changed post COVID-19 business landscape, the global market for E-Learning estimated at US$332.6 Billion in the year 2022, is projected to reach a revised size of US$686.9 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2022-2030. Academic, one of the segments analyzed in the report, is projected to record 9.1% CAGR and reach US$431 Billion by the end of the analysis period.

The U.S. Market is Estimated at $100 Billion, While China is Forecast to Grow at 11.6% CAGR

The E-Learning market in the U.S. is estimated at US$100 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$170.7 Billion by the year 2030 trailing a CAGR of 11.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 7.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 8.2% CAGR.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.

  • Global competitiveness and key competitor percentage market shares

  • Market presence across multiple geographies – Strong/Active/Niche/Trivial

  • Online interactive peer-to-peer collaborative bespoke updates

  • Access to digital archives and Research Platform

  • Complimentary updates for one year

Key Attributes:

Report Attribute

Details

No. of Pages

507

Forecast Period

2022 – 2030

Estimated Market Value (USD) in 2022

$332.6 Billion

Forecasted Market Value (USD) by 2030

$686.9 Billion

Compound Annual Growth Rate

9.5%

Regions Covered

Global

MARKET OVERVIEW

  • Influencer Market Insights

  • World Market Trajectories

  • Impact of Covid-19 and a Looming Global Recession

  • Number of Students Impacted by COVID-19 in Select Countries: June 2020

  • Number of Students Impacted by COVID-19: Feb2020-Aug2020

  • School Closures Due to the Pandemic Prompt Boom in E-Learning

  • Web Conferencing Accelerates Move towards Location Agnostic Interactive and Synchronous Learning in Education Sector

  • Video Conferencing Platforms Gain Traction in Remote Learning During COVID-19

  • Google Augments Learning Management with Robust Solutions

  • E-Learning – Global Key Competitors Percentage Market Share in 2022 (E)

  • Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

  • e-Learning Brings in a New Transformation in Education Sector

  • Rapid Internet Penetration Catalyzes Broad Based Growth in the Market

  • Internet Ubiquity, Speed & Bandwidth Explosion Provides the Support Platform for the Proliferation of e-Learning Services: Internet Users as % of Population by Region for 2019 and 2024

  • Video Use in e-Learning Witnesses Robust Growth

  • Higher User Engagement with Short Videos as Compared to Other Forms of Content Drives the Value of Creating Short But Effective e-Learning Video Content: % Engagement Loss by Video Length

  • Academic Sector Remains the Largest Market for e-Learning

  • Corporate & Government e-Learning: The Fastest Growing Segment

  • Global Average Per Capita Spending on Workplace Training of Employees (In US$) for the Years 2012, 2014, 2018 and 2020E

  • RECENT MARKET ACTIVITY

MARKET TRENDS & DRIVERS

  • AR & VR Technologies Take e-Learning to the Next Level in Efficiency Enhancement

  • Augmented Reality (AR) Makes e-Learning More Engaging, and Interactive

  • Virtual Reality (VR) & Wearable Devices Contribute to Cost-effective Online Learning & Training

  • Advances in Artificial Intelligence Drives Adaptive and Personalized e-Learning

  • Commercialization of AI Technology Boosts Use of AI in e-Learning: Global Market for Market in US$ Billion for 2018, 2020, 2022, and 2024

  • Companies Turn towards Learning Experience Platform (LXP)

  • Rise in User Generated Content

  • Technology Innovations Continue to Benefit Market Growth

  • Select Innovations and Advancements

  • Select e-Learning Products

  • Cloud: Growing Domain for e-Learning Application Development & Delivery

  • Myriad Benefits of Cloud Drive Opportunities for Cloud as the Future of e-Learning Infrastructure

  • Big Data Analytics to Drive Personalized Learning Experiences

  • Role of Social Media in e-Learning Grows Stronger

  • Social and Collaborative Learning Picks up Momentum Among Companies

  • Expanding Social Presence Continues to Play a Central Role in the Integration of Social Networking with Education

  • Rapid e-Learning: A Viable Alternative to Conventional Development Techniques

  • Supportive Government Policies Provide the Foundation for Growth

  • Emerging Economies Drive Growth in the Market

  • Web Conferencing Emerges as a Major Collaborative Tool in e-Learning

  • Global Market for Web & Video Conferencing SaaS Market (In US$ Billion) for the Years 2019, 2021 & 2023

  • Creation of a Personal Learning Environment (PLE), the Most Rewarding Aspect of e-Learning

  • MOOCs: New Form of Online Training

  • LMS: A Key Contributor to e-Learning

  • Microlearning Gains Traction in Corporate eLearning

  • m-Learning Emerges to Revolutionize e-Learning

  • Apps Critical to the Growth of m-Learning

  • Development of HTML5

  • M-Learning VAS Offers Support Structure for m-Learning

  • Gamification of Learning, the Most Lucrative Way to Monetize e-Learning

  • Shadow Education Emerges to Drive a Large Chunk of Growth in the Academic/ Educational Sector

  • Growing Student Population Benefits Growth of e-Learning in the Academic Sector

  • Burgeoning World Student Population Expands the Addressable Market Opportunity for e-Learning Technologies

  • Academic e-Learning to Leverage the Growing Trend of BYOD in Classrooms

  • e-Learning Rides the BYOD to School Wave, With Smartphone Penetration Being the Highest in the 12+ Age Group of Children & Teens

  • Proliferation of BYOD among Enterprises Opens New Avenues for the Growth of Corporate m-Learning

  • Global Spending on BYOD (In US$ Billion) for the Years 2017 & 2022

  • Key Challenges to Market Growth

FOCUS ON SELECT PLAYERS (Total 290 Featured)

  • Absorb Software Inc.

  • Adobe Systems Inc.

  • Aptara Inc.

  • Articulate Global, Inc.

  • bit media e-solution GmbH

  • Blackboard, Inc.

  • Cisco Systems, Inc.

  • Cornerstone OnDemand, Inc.

  • Coursera Inc.

  • D2L Corporation

  • edX Inc.

  • Fischer, Knoblauch & Co.

  • GetSmarter

  • Hewlett-Packard Development Company, L.P.

  • Hurix Systems Private Ltd.

  • Inspired eLearning, LLC.

  • International Business Machines Corporation

  • Intralearn Software Corporation

  • Macmillan Learning

  • McGraw-Hill

  • NYIF.com

  • Oracle Corporation

  • Pearson Education

  • Persona Learning

  • SAP SuccessFactors, Inc.

  • Skillsoft Limited

For more information about this report visit https://www.researchandmarkets.com/r/oyj9ds

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