April 15, 2020
According to the research report titled ‘E-Learning Market Size By Technology, By Provider (Service, Content), By Application, Corporate, Industry Analysis Report, Regional Outlook), Growth Potential, Competitive Market Share & Forecast, 2019 – 2025’, available with Market Study Report LLC, global e-learning market is estimated to surpass USD 300 billion by the year 2025.
Rising popularity of social media platforms is a major factor driving the e-learning market growth. Online course providers are collaborating with various online platforms to deliver information pertaining to the course through open or closed groups, blogs, community and web pages. These players are also using social networking to advertise their services, which is further fueling the market expansion.
Surging penetration of e-learning service providers along with technological advancements are also stimulating the industry outlook. Various players are offering mobile-based services in order to provide interactive experience to learners. Additionally, collaboration between service providers and universities is contributing towards the e-learning market expansion. Rising number of mobile and internet users along with easy availability of wi-fi and broadband are positively influencing the market size.
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Considering the geographical landscape, e-learning market in Asia-Pacific is predicted to witness lucrative growth in the forthcoming years, primarily due to increasing number of internet users.
On the other hand, Latin America e-learning industry is presumed to expand considerably over 2019-2025. Focus towards saving time and money has enhanced the adoption of e-learning courses for learning new languages. Favorable federal regulations which promote e-learning is facilitating the business scenario in Latin America.
Major stakeholders in e-learning market are CERTPOINT Systems, Allen Interactions Inc., Learning Pool, Apollo Education Group, Cisco Systems Inc., SAP SE, Oracle Corp., NetDimensions, Meridian Knowledge Solutions, Microsoft Corp., Aptara Inc., Citrix Education, Adobe Systems Inc. and Cornerstone among others.
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