E-Learning Market to grow at 5% CAGR from 2017 to 2024 - PowerPoint PPT Presentation

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E-Learning Market to grow at 5% CAGR from 2017 to 2024

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More Information @ Increasing adoption of training solutions in the corporate landscape, irrespective of their industry vertical, is a major factor promoting the e-learning market growth. A companies’ employee base can avail training experience that are customized to suit their learning speed and ability and improve information retention through an interactive and rich media learning experience. – PowerPoint PPT presentation

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Title: E-Learning Market to grow at 5% CAGR from 2017 to 2024


1
E-Learning Market to hit 200bn by 2024 Global
Market Insights Inc.
2
Key Insights from E-Learning Market
  • eLearning Market size is set to exceed USD 200
    billion by 2024 according to a new research
    report by Global Market Insights, Inc.
  • A major factor contributing to the high growth of
    the e-learning market is the rising shift towards
    flexible education solutions in the corporate and
    the academic sector. These solutions allow
    students and employees operating in a range of
    verticals such as healthcare, BFSI, information
    and telecommunication to have access to quality
    training but are dispersed over a large
    geographical area. The rapid scale of
    globalization has necessitated the need for
    language and sensitivity learning. MNCs are
    moving their employee base to foreign locations,
    leading to the increase in demand for these
    services. Furthermore, the government of various
    organizations, such as India, China, and Japan
    are aiming at improving the literacy of the
    general population, primarily in rural and
    semi-rural locations that have very limited
    access to schooling and educational
    infrastructure.

3
Continued...
  • eLearning apps can be operated from a range of
    devices and are not restricted to only a single
    system. Additionally, these solutions are highly
    customized to cater to the varying learning
    capabilities of the user. The high penetration of
    the internet on a global scale has increased the
    availability of authoring and design tools,
    making it easier and inexpensive to develop the
    apps and is a major factor promoting the growth
    of the e-learning market. The Adobe Presenter 11,
    for instance, is an e-learning development tool
    that enables to turn Power Point presentations
    into materials that can be visually presentable
    and accessed by the organizations online learner
    community.
  • The large enterprise segment of the e-learning
    market is anticipated to grow as they have
    substantial financial resources to enter into
    partnerships with the online course providers to
    train their employee base on a range of
    parameters such as technical, management, and
    language skills. For instance, in August 2017,
    Infosys entered into a partnership with Udacity
    for the provision of nanodegrees and training to
    their employees.

4

Browse Full Market Research Report On E-Learning
Market _at_ http//bit.ly/2cFKRUq Request
for a Sample of this Research Report
_at_ https//www.gminsights.com/request-sample/detail
/215
5
Continued...
  • The rising trend of BYOD among corporate bodies
    is aiding in the growth of the e-learning market
    as it allows users to access training on their
    devices without time restrictions. Online
    e-learning is projected to experience a high
    growth as the online platform collect data on a
    real-time basis and are readily available at very
    low, subscription costs. They also reduce the
    need for commuting to other locations.
  • The Latin America e-learning market is
    anticipated to experience growth in the following
    years with the rising demand in countries
    including Brazil, Mexico and Argentina. This is
    mainly attributed to the high emphasis by the
    governments on providing education on technical
    and English courses on e-learning courses.
    Distance learning is gaining traction in the
    Brazilian market as it permits students in the
    region to avail courses from renowned
    institutions. For instance, MIT offers distance
    learning courses to the Brazilian student base
    with provision of online course material and
    video content.
  • Players operating in the global e-learning market
    include Edmodo, Skillsoft, Saba Software,
    NetDimensions, Oracle, Udacity Inc, Coursera, and
    Aptara.

6
Global E-Learning Market Size, By Application,
2016 and 2024 (USD Billion)

7
Industry Coverage

8
360 Analysis
  • By Technology
  • Online solutions continuously collect the user
    information and gives a customized feedback of
    the users performance. Furthermore, the students
    can immediately connect to a tutor or service
    provider in case of any issues. Mobile e-learning
    market segment is anticipated to witness growth
    owing to the increase flexibility and the ability
    to access from multiple devices.
  • By Application
  • The corporate e-learning market can be segregated
    by size to include SMBs and large institutions.
    This software allows the organization to train
    their employee base in a variety of areas,
    ranging from sensitivity to technical skill
    training.
  • Availability of online tools by subscription
    basis can aid in the design and development of
    the software applications, allowing SMBs having
    limited resources to access premium content at
    very low rates. Vendors operating globally are
    increasingly providing software and apps that can
    work effectively on a range of mobile platforms
    such as Android and iOS.
  • Competitive Market Share
  • Players operating in the global e-learning market
    include Edmodo, Skillsoft, Saba Software,
    NetDimensions, Oracle, Udacity Inc, Coursera, and
    Aptara.


9
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