Dublin, May 15, 2024 (GLOBE NEWSWIRE) -- The "E-learning Market in UK 2024-2028" report has been added to ResearchAndMarkets.com's offering.
The UK e-learning market is anticipated to experience notable growth over the next five years. With a forecasted USD 12.94 billion expansion and a compound annual growth rate (CAGR) of 15.38% from 2023 through 2028, the sector is gearing up for a transformative phase.
The market's growth can largely be tied to increased acceptance of enhancements in the learning process within the academic sector. Moreover, advancements in e-learning authoring tools are resulting in more cost-effective content development, providing another impetus for growth.
Additionally, significant savings on infrastructural costs along with other overheads when embracing e-learning solutions are fuelling the expansion of the industry.
Segmentation Insights
The expert analysis segments the UK e-learning market by end-user, product, and deployment. Key sectors include K12, higher education, and corporate. Products are divided between packaged content and solutions. Deployment options are categorized as on-premises and cloud-based systems, offering institutions and businesses flexible ways to integrate e-learning into their environments.
Future Market Influences
Strategic market research identifies the growing adoption of microlearning as a critical factor for the market's growth trajectory. This approach, which breaks down content into small, manageable units, is becoming increasingly popular for its effectiveness and convenience. Another area destined to shape the market's future is the rise in cloud computing solutions within the academic sector and ongoing advancements attributable to Industry 4.0.
Vendor Landscape and Competitive Analysis
The e-learning market in the UK is not only evolving but also competitive, encompassing a diverse group of vendors and service providers. Leading market stakeholders are dedicating resources to innovative solutions that cater to the bespoke needs of educational institutions and corporations. The report offers a macroscopic as well as a granular view of the market, providing a multifaceted analysis of various influences shaping market dynamics.
Furthermore, it outlines key market challenges alongside opportunities, equipping businesses with the insights necessary to develop informed strategies that align with upcoming market developments.
The e-learning market in UK is segmented as below:
By End-user
- K12
- Higher education
- Corporate
By Product
- Packaged content
- Solutions
By Deployment
- On-premises
- Cloud
Companies Profiled:
- Adobe
- City and Guilds Group
- Cornerstone
- D2L Corp.
- Day One Technologies
- First Media Solutions
- John Wiley and Sons
- Learning Pool
- Learning Technologies Group
- Looop Online
- McGraw Hill
- NETEX Knowledge Factory
- Pearson
- SAP
- Semcon
- Skillsoft Corp.
- Sponge Group Holdings Ltd.
- Totara Learning Solutions Ltd.
- WillowDNA
- JPMorgan Chase
For more information about this report visit https://www.researchandmarkets.com/r/x3ag46
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