Title: E-Learning Market In-Depth Research by Trends and Emerging Growth Factors to 2027
1E-Learning Market by Demand Insights and Growth
Forecast Report to 2027
- The e-learning market is estimated to grow
steadily supported by increasing adoption of
e-learning solutions in the government sector to
offer a user-friendly, flexible, and fully
customizable learning experience. There have been
several innovations in AI-enabled e-learning
which has greatly helped improve users technical
and academic skills. - There has also been a significant shift towards
e-learning as to the current work-from-home
policies incorporated by companies amidst the
COVID-19 pandemic. Content providers are
introducing a wide range of e-learning courses on
several subjects which tend to be inexpensive and
allow users to learn more content in less time.
These courses also offer the flexibility of
learning at ones own pace which encourages
students to use online courses for skill
enhancement.
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2- Considering the growing adoption, e-learning
course providers are working on new products and
offerings. For example, in 2020, Oracle announced
free access to online learning certifications and
content for Oracle Autonomous Database and Oracle
Cloud Infrastructure. Based on such developments,
Global Market Insights, Inc., reports that the
e-learning market may exceed USD 1 trillion by
2027.
- Rapid e-learning technology delivers courses
quickly within timelines along with the correct
instructional design. Compared to the
conventional e-learning method, rapid e-learning
helps in giving faster online courses through the
leveraging of authoring tools. It helps in
distributing information quickly, based on
systematically developed and designed
instructional products.
- Meanwhile, LMS technology is likely to experience
robust adoption owing to its benefits of allowing
learners to access courses from different types
of mobile devices coupled with real-time
reporting. Cloud-based LMS technology enables
users to learn on any device, hence raising its
implementation for various use-cases.
- With regards to application, the government
sector is projected to be a major consumer of
e-learning services. Rising emphasis on upgrading
the technical skills of federal agencies as well
as extensive government investments for research
activities is facilitating the adoption of
e-learning.
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4- Geographically speaking, the Europe e-learning
market is likely to undergo significant progress
owing to the adoption of modern learning methods
by leading companies. Several firms in the region
are focusing on employee skill enhancement and
are training them to adapt to upcoming industry
technologies. E-learning technology is helping
companies to offer training easily to a large
number of employees cost-effectively and in less
time.
- Globally, the e-learning market consists of
companies such as Aptara, Inc., Cisco Systems,
Inc., Saba Software, Citrix Education, Inc.,
Adobe Systems, Inc., Apollo Education Group,
Allen Interactions Inc., D2L Corporation, SAP SE,
Oracle Corporation, CERTPOINT Systems, Inc.,
Articulate Global, Inc., Kallidus Ltd., Intuition
Publishing, Learning Pool, and Microsoft
Corporation, among others. - In 2020, Microsoft Corporation introduced an
initiative to assist 25 million people globally
acquire the digital skills necessary in the
COVID-19 economy, including low-cost
certifications, free job-seeking tools, and free
access to learning paths and content.
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