The Global E-learning market is estimated to be $165.36 billion in 2014 and is poised to grow at a CAGR of 5.08% to reach $243.8 billion by 2022. The key factors that are favoring the market growth are flexibility in learning, low cost, easy accessibility, increased effectiveness by animated learning, escalation in number of internet users and growing access of broadband pooled with mobile phones with online capabilities. However, factors like change management, technology obsolescence and vendor- developer partnership are major restraints that are hindering the growth of this market. While the United States leads the sales, Asia is the second largest market in E-learning products.
The Global E-learning Market is segmented on the basis of Product, Vendors, Technology and Geography. On the basis of Product, the market is segregated into Academic E-learning and Corporate E-learning. On the basis of Vendor, the market is categorized into Content Providers and Service Providers. The market is segmented on the basis of technology into Learning Management system (LMS), Rapid E-learning, Mobile E-learning, Virtual classroom, Podcasts, Application simulation tool, Learning Content Management System, Knowledge management system and others. Global E-learning Market by geography is categorized into North America, Europe, Asia Pacific and Rest of the World.
The key players in the Global E-learning Market are Adobe systems Inc., Apollo Education Group Inc., Cisco Systems, Citrix, HealthStream Inc., McGrawHill, Microsoft, Saba, Skill Soft and Blackboard Inc.
A recent report published on the E-learning Market presents an analytical overview of the E-learning industry. It studies the global E-learning market in detail to update the stakeholders about the latest market trends, and help them in determining crucial business strategies. In a coherent chapter-wise format, the E-learning Industry report presents the findings from the analysis of the present E-learning market dynamics. Data included in these chapters are logically interspersed with infographics and graphical representations.
Information and statistics the analysts have referred to for compiling the E-learning report are obtained from trusted industrial sources and have been plausibly collated. The data sourced is filtered through several research stages using industry-leading analytical tools to ensure that the E-learning market report encompasses only authenticated data derived from validated industrial sources. To enrich the E-learning industry report with industry-specific statistics, relevant data is also sourced from the repository of financial records of the leading companies.
The report begins by introducing the global E-learning market. The products and services offered in the E-learning market are evaluated in-depth. To study the growth trajectory of the E-learning market, the report studies the development trends it has exhibited in the last couple of years. The prevailing competitive landscape of the E-learning market is analyzed in the report. It also presents an in-depth study on the development status of the E-learning market.
The report includes information obtained from E-learning industrial sources such as financial records of the leading companies operating in the global E-learning market, present market trends, historical statistics, and insights from industry experts. Using reliable and precise analytical tools such as SWOT analysis, the E-learning report studies the strengths and weaknesses of the leading companies. To measure the market size, the report has profiled key players of the industry.