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MCP-4107: e-Learning A GLOBAL STRATEGIC BUSINESS REPORT

October 25, 2016 Developments in Internet Infrastructure, Connectivity and Engagement Provides the Platform for Growth in the Global e-Learning Market, According to a New Report by Global Industry Analysts, Inc.

GIA launches comprehensive analysis of industry segments, trends, growth drivers, market share, size and demand forecasts on the global e-Learning market. The global market for e-Learning is projected to exceed US$241 billion by 2022 driven by the rapid development of Internet infrastructure, increased global connectivity, and technology advancements such as HTML5, and cloud computing, among others.

E-Learning is the delivery of instructional content through the use of various electronic technologies. The learning medium, solving the problem of time and financial constraints, may be delivered either synchronously (live) or asynchronously, also called distributed or self-paced learning. Since its introduction, e-Learning has found widespread applications in IT, marine, retail, healthcare, telecommunications, and financial services sectors, which utilize these programs for training employees as well as for disseminating information. Worldwide e-Learning market continues to witness rapid developments which are driving adoption among the academic and business sectors. Robust growth in the online learning market is driven by increasing accessibility and cost-effectiveness of learning and training initiatives. Multiple advantages offered by e-Learning technology in the form of faster delivery, reduced learning cost, greater degree of flexibility, and ability to generate user-specific content are driving demand for e-Learning programs. Another factor favoring adoption of e-Learning products and technologies is the proliferation of Internet.

Driven by the need for technically skilled workforce, the corporate sector has been the early adopter of e-Learning programs. Recent advancements in corporate e-Learning have enabled organizations to avoid expensive conferences and live training that involve airfare, food allowances and accommodation. The ability to learn anywhere, anytime online helps users in learning and achieving desirable results in shorter timeframes. In addition to the corporate sector, spending on self-paced e-Learning products and services is also increasing from the entire spectrum of the academic sector, including pre-school, vocational training, and higher education. E-Learning is gaining enormous popularity in the global education industry. E-texts and Lecture Capture technology are currently hottest trends on the technology-front. In the coming years, the technology is expected to emerge as a major differentiating factor for luring students to a specific form of teaching method. The market also stands to benefit from government-funded education policies, ongoing content digitization efforts in academic and government sectors, and rise in student enrollments for online courses on a part-time and full-time basis. Mobile learning is expected to gain momentum supported by the development of HTML5, which run across all platforms of OS such as Windows, Android and Apple and open directly in the web browser.

As stated by the new market research report on e-Learning, the United States represents the largest market worldwide. Asia-Pacific ranks as the fastest growing market with a CAGR of 12.8% over the analysis period led by factors such as growing importance of education especially in Asian countries with competitive labor markets, lack of skilled teachers in schools and colleges and the resulting increase in adoption of self-reliant learning strategies among students, robust proliferation of smartphones and tablets and their use as an education and learning tool. Within the region, Australia ranks as a mature market, followed by China, India, and South Korea. Academic e-Learning constitutes the largest as well as the fastest growing segment of the e-Learning market.

Major players covered in the report include Adobe Systems Inc., Articulate Global, Inc., Assima PLC, bit media e-Learning solution Deutschland GmbH, Blackboard, Inc., Cegos Group SA, Cisco Systems, Inc., City & Guilds Kineo, Desire2Learn Inc., Fischer, Knoblauch & Co., HealthStream, Inc., Hewlett-Packard Development Company, L.P., HJ Educational Technology (Shanghai) Co., Ltd., iLinc Communications, Inc., IMC AG, Inspired eLearning, Inc., International Business Machines Corp., KnowledgePool Group Ltd., LTS, Inc., Lumesse Corporate Ltd., Microsoft Corp., Mzinga, Inc., NetDimensions Ltd., New Oriental Education & Technology Group, NGA Human Resources Ltd., NIIT USA Inc., Oracle Corp., Saba Software, Inc., SAP SuccessFactors, Inc., SkillSoft, SumTotal Systems, LLC., SyberWorks, Inc., The McGraw-Hill Companies, WBT Systems Ltd., Xueersi International Education, and Zenosis Ltd., among others.

The research report titled "eLearning: A Global Strategic Business Report" announced by Global Industry Analysts, Inc., provides a comprehensive review of trends, issues, and strategic industry activities of major companies worldwide. The report provides market estimates and projections for geographic markets such as the United States, Canada, Japan, Europe, Asia-Pacific (China, India, and Rest of Asia-Pacific), and Rest of World. The report also analyzes the e-Learning market by segments - Academic e-Learning and Corporate e-Learning. As a value add, the corporate e-Learning market for the US is analyzed by Category - Course, Infrastructure, and Services; and for Europe by Geographic Region - France, Germany, Italy, UK, Spain and Rest of Europe.

 

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