Global E-Learning

Global E-Learning Market Research Report: Forecast (2023-2028)

By Technology (Learning Management System (LMS), Training Management System (TMS), Mobile Learning, Microlearning, Online Learning, Virtual Classrooms), By Deployment (Cloud, On-Premise), By End-User Read more

  • ICT & Electronics
  • Nov 2022
  • 184
  • IT55056

Market Definition

E-learning, also known as online learning & digital learning, is a delivery of learning & training solutions via digital resources, typically the internet. It can be accessed through electronic devices like desktops, laptops, tablets, or smartphones, which makes it a versatile & easy way for individuals to learn whenever & wherever. These solutions come in several forms— software programs, digital courses, interactive online platforms, & mobile applications, and play a crucial role in minimizing costs associated with the training & development of employees by eliminating the need for their travel & accommodation. As several institutions and corporates worldwide are extensively adopting e-learning platforms, especially after the advent of Covid-19, the leading providers of these solutions are actively working on expanding their products & service offerings in order to cater to the ever-evolving end-user requirements.

Market Insights

The Global E-Learning Market is expected to grow at around 18.2% CAGR during the forecast period, i.e., 2023-28. The emergence of the Covid-19 pandemic instigated remote learning & working cultures and thus played the most prominent role in augmenting the industry's expansion in the past years. However, in the forecast years, the growth of the market is likely to be driven mainly by the ever-evolving demand for cost-effective and interactive training & learning approaches in academic institutions and the corporate sector, coupled with the burgeoning volume of course content. In addition, the mounting focus of various organizations worldwide on improving the skills, behavior, & performance of employees, coupled with the integration of gamification techniques in e-learning modules for students, are also expected to boost the e-learning market through 2028.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2023-2028) 18.2%
Regions Covered North America: USA, Canada, Mexico
South America: Brazil, Rest of South America
Europe: The UK, Germany, France, Italy, Spain, Rest of Europe
Asia-Pacific: China, India, Japan, South Korea, Australia, Rest of Asia-Pacific
Middle East & Africa: The UAE, Saudi Arabia, Egypt, South Africa, Rest of Middle East & Africa
Key Companies Profiled Apple Inc., Adobe Inc., Pearson plc, Cisco Systems Inc., Blackboard Inc., Dell EMC, D2L Corporation, Google, IBM Corporation, Microsoft Corporation, Oracle Corporation, Thomson Reuters Corporation, GP Strategies Corp., NIIT Limited (Coforge), Skillsoft, SAP SE, and Instructure, Inc
Unit Denominations USD Million/Billion

 

Moreover, the integration of Virtual Reality (VR) & Augmented Reality (AR) into digital learning platforms, i.e., enabling students to learn more effectively, efficiently, & conveniently, is another prominent aspect contributing to the significantly expanding e-learning industry. Benefits like easy management of a large group of people, real-time updates to course materials, and anytime & anywhere access to them are enticing more & more individuals, institutions, & corporates toward digital learning solutions and, in turn, augmenting the overall growth of the e-learning market.

Market Segmentation

Based on Technology:

  • Learning Management System (LMS)
  • Training Management System (TMS)
  • Mobile Learning
  • Microlearning
  • Online Learning
  • Virtual Classrooms

Of them all, LMS (Learning Management Systems) held a significant share of the Global E-Learning Market. It owes to their adaptability to provide individuals with the necessary course-specific training and their ability to allow for tracking of individuals' progress in training sessions. The mounting need for efficient & accessible learning, the growing penetration of cloud-based learning solutions, and the ever-increasing demand for smart & interactive online courses & tutorials are augmenting the popularity of LMS worldwide.

More & more educational institutes are adopting these solutions in order to support & enhance learning & training effectiveness, mainly due to their benefits, including unlimited access to course materials, single-location storage of learning content, easy monitoring of learners' progress & performance, and reduced learning & development costs, among others. In addition, advancements in multimedia graphics, rising smartphone & high-speed internet penetration, & affordable digital devices are further augmenting the market growth for LMS solutions.

With trends like automation of human-intervened operations, the leading industry players are actively integrating next-generation technologies like ML (Machine Learning), AI (Artificial Intelligence), & data analytics into existing LMS platforms in order to expand their product offerings and attract a broader end-user base. Moreover, they are also increasingly carrying out partnerships & collaborations to provide learners with more effective & interactive sessions. For instance:

  • In August 2021, D2L Corporation announced the acquisition of exclusive course content, development tools, & talent from Bayfield Design, a prominent provider of cloud courses. With this acquisition, D2L aims to provide teachers & students with access to premium digital learning courses.

Furthermore, multi-channel learning management systems, which provide flexibility to access learning or training anytime & anywhere, are gaining traction in the global market and have become a convenient learning solution, especially across the corporate sector. The emergence of these platforms has unleashed an inclusive, flexible, & user-friendly eco-system by offering channel independence & personalized training sessions and facilitating the adaptation of the rapidly transforming work culture worldwide. Hence, these aspects are set to create new avenues for LMS solution providers to witness lucrative prospects and, in turn, fuel the Global E-Learning Market growth over the coming years.

Based on Deployment

  • Cloud
  • On-Premise

Here, cloud-based e-learning solutions are gaining immense popularity globally and are expected to notably contribute to the overall market expansion during 2023-28. It owes most prominently to their benefits like ease of operation, flexible pricing, robustness, scalability, & a secure infrastructure, which is why most educational institutions and organizations, especially SMEs, are increasingly adopting cloud-based models.

For higher education, particularly for those moving from K-12 to colleges, cloud-based e-learning platforms offer significant benefits, such as easy delivery of online classes, active engagement of students in various programs & online projects, etc. The leading players in the industry are introducing advanced cloud-based models while carrying out mergers & acquisitions with organizations in order to provide premium & innovative courses to end-users. Hence, these aspects indicate a significantly rising adoption of cloud-based digital education solutions, which, consequently, would boost the global e-learning industry in the coming years.

Based on End-User:

  • Academic Institutions & Individuals
    • K-12
    • Higher Education
    • Vocational Training
  • Corporate
    • Small & Medium-sized Enterprises (SMEs)
    • Large Enterprises
  • Healthcare
  • Government
  • Others

Here, academic institutions & individuals acquired the largest market share in the past few years. It owes mainly to the advent of the Covid-19 pandemic in 2020, which compelled schools & various educational associations to adopt digital modes of learning & training for students & individuals. Globally, rapid advancements in technologies have transformed new-generation learners into tech-savvy individuals. Today's e-learning solutions, including but not limited to in-class tutorials, home learning, & assignments, have enabled schools and institutions to provide quick & synergistic teaching through interactive audio, animation, & video features.

Governments of emerging countries like India, China, & Brazil, among others, are actively promoting mobile learning and have come up with low-cost devices for the same to be implemented on a large scale. Moreover, reputed universities & institutions in several countries have offered attractive online degrees and also conducted online convocations owing to the pandemic. The same trend is likely to be followed in the nearer future, especially until the pandemic is not entirely over, and in turn, create lucrative prospects for the companies participating in the Global E-Learning Market during the forecast period.

Regional Projection

Geographically, the Global E-Learning Market expands across:

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Of all regions, North America is projected to acquire a significant share of the E-Learning Market during 2023-28. It owes to the extensive presence of numerous MNCs, the rapid adoption of advanced technologies in e-learning solutions to provide effective courses, increasing ed-tech activities, and a large number of well-established colleges & universities, especially in the US & Canada.

The corporate sector is gaining immense traction in the North America E-Learning Market as organizations are effectively working on improving their employee training programs to enhance productivity & yield significant profits. More & more large companies are incorporating software-based e-learning solutions to monitor & analyze the daily or weekly performance of their employees. On the other hand, due to the high initial costs of advanced e-learning platforms, SMEs are increasingly hosting LMS solutions, either directly to their servers or by using SaaS models.

Furthermore, the mounting utilization of online platforms and growing focus on early education, especially in the US, is also boding well for the regional market expansion. As numerous organizations & academic institutions are swiftly implementing digital learning platforms and, consequently, displaying a broad appreciation of such solutions, it clearly cites a significantly expanding e-learning industry in North America through 2028.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the Global E-Learning Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the Global E-Learning Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global E-Learning Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the Global E-Learning Market study?

Frequently Asked Questions

A. The E-Learning Market is projected to register around 18.2% CAGR during 2023-28.

A. The growing requirements for interactive & cost-effective learning & training solutions worldwide, coupled with the continuing trends of remote working & education, are the prime aspects projected to drive the E-Learning Market during 2023-28.

A. Apple Inc., Adobe Inc., Pearson plc, Cisco Systems Inc., Blackboard Inc., Dell EMC, D2L Corporation, Google, IBM Corporation, Microsoft Corporation, Oracle Corporation, Thomson Reuters Corporation, GP Strategies Corp., NIIT Limited (Coforge), Skillsoft, SAP SE, and Instructure, Inc. are the key companies operating in the E-Learning Market.

A. Cloud-based models would generate profitable opportunities for the leading players in the E-Learning Market during 2023-28.

A. Globally, North America would continue providing lucrative prospects for the E-Learning Market in the years ahead.

  1. Market Segmentation
  2. Introduction
    1. Product Definition
    2. Research Process
    3. Assumptions
  3. Executive Summary
  4. Impact of Covid-19 on Global E-Learning Market
  5. Global E-Learning Market Supply Chain Analysis
  6. Global E-Learning Market Trends & Insights
  7. Global E-Learning Market Start-up Ecosystem
    1. Number of Start-ups Launched/Registered, 2018-2028
    2. Investment Trend by Investors, 2018-2022
    3. Investment (USD Million), By Round of Funding, 2018-2028
    4. Others
  8. Global E-Learning Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  9. Global E-Learning Market Hotspot & Opportunities
  10. Global E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. Market Revenues
    2. Market Share & Analysis
      1. By Technology
        1. Learning Management System (LMS)
        2. Training Management System (TMS)
        3. Mobile Learning
        4. Microlearning
        5. Online Learning
        6. Virtual Classrooms
      2. By Deployment
        1. Cloud
        2. On-Premise
      3. By End-User
        1. Academic Institutions & Individuals
          1. K-12
          2. Higher Education
          3. Vocational Training
        2. Corporate
          1. Small & Medium-sized Enterprises (SMEs)
          2. Large Enterprises
        3. Healthcare
        4. Government
        5. Others
      4. By Region
        1. North America
        2. South America
        3. Europe
        4. Middle East & Africa
        5. Asia-Pacific
      5. By Competitors
        1. Competition Characteristics
        2. Market Share & Analysis
  11. North America E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Technology
      2. By Deployment
      3. By End-User
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. The US E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    4. Canada E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    5. Mexico E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
  12. South America E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Technology
      2. By Deployment
      3. By End-User
      4. By Country
        1. Brazil
        2. Rest of South America
    3. Brazil E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
  13. Europe E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Technology
      2. By Deployment
      3. By End-User
      4. By Country
        1. The UK
        2. France
        3. Germany
        4. Italy
        5. Spain
        6. Rest of Europe
    3. The UK E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    4. France E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    5. Germany E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    6. Italy E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    7. Spain E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
  14. The Middle East & Africa E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Technology
      2. By Deployment
      3. By End-User
      4. By Country
        1. The UAE
        2. Saudi Arabia
        3. Egypt
        4. South Africa
        5. Rest of Middle East & Africa
    3. The UAE E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    4. Saudi Arabia E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    5. Egypt Drones Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    6. South Africa E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
  15. Asia-Pacific E-Learning Market Outlook, 2018-2028F
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Technology
      2. By Deployment
      3. By End-User
      4. By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. South Korea
        6. Rest of Asia Pacific
    3. China E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    4. India E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    5. Japan E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    6. Australia E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
    7. South Korea E-Learning Market Outlook, 2018-2028F
      1. Market Size & Analysis
        1. By Revenues (USD Million)
      2. Market Share & Analysis
        1. By Technology
        2. By Deployment
        3. By End-User
  16. Global E-Learning Market Key Strategic Imperatives for Success & Growth
  17. Competition Outlook
    1. Competition Matrix
      1. Target Markets
      2. Research & Development
      3. Collaborations & Strategic Alliances
      4. Key Business Expansion Initiatives
      5. Business Restructuring- Mergers, Acquisitions
      6. Strategic Initiatives
    2. Company Profiles (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Apple Inc.
      2. Adobe Inc.
      3. Pearson plc
      4. Cisco Systems Inc.
      5. Blackboard Inc.
      6. Dell EMC
      7. D2L Corporation
      8. Google
      9. IBM Corporation
      10. Microsoft Corporation
      11. Oracle Corporation
      12. Thomson Reuters Corporation
      13. GP Strategies Corp.
      14. NIIT Limited (Coforge)
      15. Skillsoft
      16. SAP SE
      17. Instructure, Inc.
  18. Disclaimer
E-Learning Market Segmentation Slide