Global E-Learning Market to Grow at 6% CAGR till 2022, Expects Beige Market Intelligence in Its New Report Recently Added at MarketPublishers.com29 Jun 2017 • by Natalie Aster
LONDON – Over the past several years, the world’s e-learning market has exhibited strong growth. Furthermore, the growth prospects of this market remain lucrative. The upturn of sophisticated and technologically advanced methods is considerably altering the training and learning landscape. Augmented reality, virtual reality, cloud-based learning and also mobile learning apps are recognized as the biggest winners in the overall e-learning market landscape given the leverage they hold over the traditional learning technologies in terms of agility, engagement levels, scalability and costs.
Driven by the rising requirement of technology-enabled tools (able to facilitate the user engagement, collaboration and motivation), the demand for e-learning techniques is predicted to increase in the coming years. The world’s market for e-learning is poised to growth at a modest 6% CAGR during 2017-2022. Some of the noteworthy market growth drivers include aggressive private investments, rising digitization initiatives, increasing internet penetration, inexpensive access to the internet data, to name a few. Still, the market faces some challenges, for example, variability of hardware-software integration and lack of optimized bandwidth in third-world countries.
Despite being the most populous region in the world, APAC currently lags behind North America in terms of the e-learning market revenues. North America is the top regional market for e-learning, with its value exceeding USD 17 billion in the past year.
Cutting-edge research publication “Global E-learning market - Strategic Assessment and Forecast 2017-2022” made up by Beige Market Intelligence gives a comprehensive overview of the major factors shaping the e-learning market, discusses the prevailing market development trends, describes the actual situation across the key geographical markets and also covers the market performance. This new topical study reviews the most recent product launches and technological developments, highlights competitive environment and identifies the major players. Forecasts through 2022 are at hand in the report.
Visit Beige Market Intelligence catalogue at MarketPublishers.com to get access to a full list of reports prepared by this publisher.