Summary E-learning Market Trends 2023 - 2032, Global Report www.gminsights.com
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The global e-learning market is set to grow at a CAGR of 14% from 2023-2032, with the Asia Pacific region leading the way due to government initiatives to improve internet infrastructure, and the corporate segment expected to expand at over 15% CAGR due to a shortage of skilled labor.
Key Points
- The e-learning market is expected to grow at a CAGR of over 14% from 2023-2032, with a market size surpassing USD 300 billion in 2022.
- The Asia Pacific market size reached over USD 60 billion in 2022, driven by government organizations' focus on developing internet infrastructure.
- The corporate application segment is expected to observe over 15% CAGR from 2023-2032 due to the growing popularity of LMS, mobile learning, and virtual classroom technology across the corporate sector.
- Major e-learning companies include Adobe Systems, Apollo Education Group, Articulate Global, Inc., Baidu Inc., Blackboard Inc., Cisco Systems, Inc., Citrix Systems, Compunnel Software Group Inc., Coursera, Inc., D2L Corporation, Docebo, Inc., and edX Inc.
- The global e-learning market is expected to grow at a CAGR of 18% during the forecast period, driven by increasing government initiatives for digitizing educational infrastructure and the rising BYOD trend.
- The e-learning market size is projected to reach USD 1 trillion by 2032, growing at a CAGR of 14% between 2023 and 2032.
Summaries
267 word summary
GM Insights offers the E-learning Market Trends 2023-2032 Global Report, covering trends and insights for businesses and investors in the e-learning market. E-learning is a solution for recruiting and retaining skilled workers with technical expertise, projected to reach USD 1 trillion by 2032. The healthcare sector is driving adoption of e-learning systems for immersive learning and hands-on training. The global e-learning market is expected to grow at a CAGR of 18% during the forecast period, driven by increasing government initiatives for digitizing educational infrastructure and the rising BYOD trend. Major companies operating in the e-learning market include Adobe, Blackboard, Cisco, Coursera, edX, Google, IBM, Microsoft, Oracle, SAP, and Udemy. The Asia Pacific e-learning market dominated more than USD 60 billion revenue in 2022 due to improving internet infrastructure and government initiatives. The corporate segment will expand at over 15% CAGR through 2032 due to a shortage of skilled labor and the need to reset the skills agenda. The e-learning market is predicted to grow at a CAGR of over 14% from 2023-2032, with a market size exceeding USD 300 billion in 2022. The Asia Pacific market size reached over USD 60 billion in 2022, driven by government organizations' focus on developing internet infrastructure. The corporate application segment is expected to observe over 15% CAGR from 2023-2032 due to the growing popularity of LMS, mobile learning, and virtual classroom technology across the corporate sector. Major e-learning companies include Adobe Systems, Apollo Education Group, Articulate Global, Inc., Baidu Inc., Blackboard Inc., Cisco Systems, Inc., Citrix Systems, Compunnel Software Group Inc., Coursera, Inc., D2L Corporation, Docebo, Inc., and edX Inc.
546 word summary
The e-learning market is expected to grow at a CAGR of over 14% from 2023-2032, with a market size surpassing USD 300 billion in 2022. The Asia Pacific market size reached over USD 60 billion in 2022, driven by government organizations' focus on developing internet infrastructure. The corporate application segment is expected to observe over 15% CAGR from 2023-2032 due to the growing popularity of LMS, mobile learning, and virtual classroom technology across the corporate sector. Major e-learning companies include Adobe Systems, Apollo Education Group, Articulate Global, Inc., Baidu Inc., Blackboard Inc., Cisco Systems, Inc., Citrix Systems, Compunnel Software Group Inc., Coursera, Inc., D2L Corporation, Docebo, Inc., and edX Inc. The e-learning market is expected to grow significantly in the coming years. In May 2022, Anthology partnered with GoPeer to offer more tutoring options to higher education institutions. Google launched new training and education initiatives for National Small Business Week, including a certificate course in digital marketing and e-commerce. Major companies operating in the e-learning market include Adobe, Blackboard, Cisco, Coursera, edX, Google, IBM, Microsoft, Oracle, SAP, and Udemy. The Asia Pacific e-learning market dominated more than USD 60 billion revenue in 2022 due to improving internet infrastructure and government initiatives. The corporate segment will expand at over 15% CAGR through 2032 due to a shortage of skilled labor and the need to reset the skills agenda. The global e-learning market is expected to grow at a CAGR of 18% during the forecast period, driven by increasing government initiatives for digitizing educational infrastructure and the rising BYOD trend. Learning management systems (LMS) are in high demand and enable educational institutions and corporate organizations to create and manage courses, lessons, and other training materials. The content segment held over 200 billion e-learning market share in 2022, with e-learning content providers collaborating with subject experts to develop customized content for end-users. Higher education institutions are leveraging LMS technology to offer high-quality education to students, with e-learning becoming increasingly popular in growing educational markets such as China and India. The automotive industry is facing challenges in recruiting and retaining skilled workers with technical expertise. E-learning, or electronic learning, is a solution that provides access to educational content, courses, and materials through digital tools and platforms. The e-learning market size is projected to reach USD 1 trillion by 2032, growing at a CAGR of 14% between 2023 and 2032. The healthcare sector is driving the adoption of e-learning systems for immersive learning and hands-on training. However, there are pitfalls and challenges, such as slow internet connection and lack of peer-to-peer interaction. The growth drivers include technology, provider, and application categories. The report covers various segments, tables, charts, and figures, with a forecast period from 2018 to 2032. The e-learning market report also includes case studies, such as the Digital Health Learning Program launched by Canada Health Infoway, aimed at improving digital health learning by raising awareness and understanding of proper usage and accessibility of virtual care services. The E-learning Market Trends 2023-2032 Global Report is available from GM Insights. The report covers trends in the e-learning market and provides insights for businesses and investors. GM Insights offers research services across multiple industries, including healthcare, automotive, and energy. The company's team of researchers can create custom market analysis reports for clients.