E-learning Market Size to grow by USD 147.79 billion | Market Research Insights Highlight the Rising Adoption of Gamification as Key Driver | Technavio
NEW YORK, Jan. 18, 2022 /PRNewswire/ -- According to the research report "E-learning Market by End-users and Geography - Forecast and Analysis 2021-2025", the market will witness a YOY growth of 15.45% in 2021 at a CAGR of over 16% during the forecast period. The report is segmented by end-user (higher education, corporate, and K12) and geography (North America, Europe, APAC, South America, and MEA).
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Global e-learning is fragmented, and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
The global e-Learning market is characterized by a significant number of major, small, and medium-sized companies. The majority of large and established firms have global sales and distribution networks, whilst the majority of minor players are focused on regional markets. Price, quality, technology, brand identification, and distribution are all factors that vendors compete on. Furthermore, the requirement for large initial investments and the difficulties of adapting to the industry's regulatory environment limits the number of new entrants.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
- Adobe Inc.
- Articulate Global Inc.
- Cengage Learning Holdings II Inc.
- Cisco Systems Inc.
- City and Guilds Group
- Instructure Inc.
- John Wiley and Sons Inc.
- Pearson Plc
- Skillsoft Ltd.
- Thomson Reuters Corp.
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Geographical Market Analysis
North America will provide maximum growth opportunities in the e-learning market during the forecast period. According to our research report, the region will contribute to 34% of the global market growth and is expected to dominate the market through 2025. North America will generate growth across all the years of the forecast period. The year-on-year growth is estimated at 15.45% during this period.
In North America, the e-Learning model is becoming more popular as a learning process and a medium for students to employ new technologies. Companies are investing in new technology to boost academic flexibility. As a result, students can study through the use of technology while exploring a virtual learning environment and gaining experience in the area. Learners can also obtain abilities in virtual settings that they can apply in the workplace through eLearning. With increased internet connectivity and innovation in this region, eLearning will play a larger role in the market's growth over the forecast period.
Furthermore, countries such as the US, China, UK, Germany, and Canada are expected to emerge as prominent markets for e-learning during the forecast period.
Know more about this market's geographical distribution along with the detailed analysis of the top regions. https://www.technavio.com/report/e-learning-market-industry-analysis
Key Segment Analysis
The e-learning market share growth by the higher education segment will be significant during the forecast period. Schools and higher education institutions are increasingly using education technology solutions to create a digital platform for documenting and tracking the delivery of online education and training. Furthermore, the Online Learning Consortium (OLC) was created to teach and engage students at their own pace. It's a group of higher education leaders and innovators working together to improve the quality of digital teaching and learning. During the forecast period, the market sector is expected to increase significantly.
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Key Market Drivers & Trends:
The rising adoption of gamification is notably driving the e-learning market growth. The inclusion of gamification strategy with e-learning allows for easy tracking of students' progress and improved connections with educators and other students. The demand for tools like LMS and analytics, which are used to understand and improve the learning process, has elevated gamification's appeal in e-learning even further. They also offer authoring solutions that enable teachers to create their educational software.
Microlearning is becoming more popular as personalization and adaptive learning become more important. One of the most important e-learning market developments is the use of microlearning, which allows people to acquire specialized material in small bursts. Microlearning also enables efficient just-in-time learning support and contributes to the reduction of individual learning gaps. Infographics are created using the same technologies that educational institutions and schools use to produce and distribute microlearning courses.
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E-learning Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of 16%
Market growth 2021-2025
$ 147.79 billion
YoY growth (%)
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 34%
Key consumer countries
US, China, UK, Germany, and Canada
Leading companies, competitive strategies, consumer engagement scope
Adobe Inc., Articulate Global Inc., Cengage Learning Holdings II Inc., Cisco Systems Inc., City and Guilds Group, Instructure Inc., John Wiley and Sons Inc., Pearson Plc, Skillsoft Ltd., and Thomson Reuters Corp.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period,
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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