Global E-Learning Strategic Analysis Report 2023: Market to Reach $686.9 Billion by 2030 - AR & VR Technologies Take e-Learning to the Next Level in Efficiency Enhancement

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:

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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• Global Market for E-Learning