Europe E-Learning Market - Focused Insights 2023-2028

Europe E-Learning Market - Focused Insights 2023-2028

REPORT OVERVIEW

The Europe e-learning market was valued at around $42.36 BN in 2022. This report provides complete information regarding the adoption of e-learning in Europe. Factors such as high smartphone penetration and rapid urbanization will enable people to access learning materials and educational content, resulting in a larger potential customer base for vendors to target. Thus, these factors will positively impact the Europe e-learning market. Furthermore, major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the Europe e-learning market to gain access to commercially launched products.

KEY HIGHLIGHTS:

• The availability of topic competence examinations and certificates propels the e-learning business in Europe to new heights. E-learning course assessments help determine a learner's degree of topic competency. They also aid in raising awareness of students' progress in grasping a given concept.
• Learners can also use e-learning courses to revisit areas of the subject matter if they did poorly during the exam. Learners receive certifications Upon completing their e-learning courses and passing the examinations. Learners can strengthen their credentials for future employment by earning certifications in specific disciplines. Regular reviews of topic knowledge efficiency and certifications propel the market forward over the forecast period.
• Europe has been at the forefront of several innovations in education, consumer goods manufacturing, and artificial intelligence, including internet infrastructure. Consumers in Europe, mainly the government and corporate segments, are interested in adopting paid E-learning subscriptions. They are also actively engaged in training and testing functions to improve the overall productivity of employees. The trend is to invest in E-learning subscriptions and online courses or digital universities, creating opportunities for higher revenues for E-learning vendors.
• Europe is a value-oriented education market. Consumers explore different ways to manipulate their budget but do not compromise on the quality of learning. Consumers usually check out other platforms and learn values from traditional and online platforms. The effects of Brexit are visible throughout Europe and the UK. Although consumers in Central Europe are particular about their finances, they are not ready to trade off their lifestyle with cheaper alternatives, which creates a higher demand for e-learning courses, even if they are free in Central and Eastern Europe.
• During the projection period, the European e-learning industry faced challenges due to the high development costs associated with e-learning courses. The selected instructional design methodology determines the cost of developing and designing e-learning courses. As a result, developing e-learning courses for various target learner groups are expensive.
• The development process necessitates the involvement of subject matter experts (SMEs), instructional designers, project managers, and technical staff specialists, all of whom incur substantial variable costs. As a result, the high development costs connected with e-learning courses limit the market's growth.

REPORT HIGHLIGHTS

SEGMENTATION & FORECAST

• Delivery Mode (Revenue)
• Packaged Content
• Learning Management System (LMS)
• Others
• Learning Mode (Revenue)
• Self-paced
• Instructor-led
• Function (Revenue)
• Training
• Testing
• End-User (Revenue)
• Corporate
• Higher Education
• K-12
• Government
• Vocational

MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of Europe E-Learning Market
• Key Vendors
• Other Prominent Vendors

APPENDIX

• Research Methodology
• Abbreviations
• About Arizton

LIST OF VENDORS

Key Vendors

• Oracle
• Adobe
• British Council
• Aptara
• Pearson
• Skillsoft
• Anthology
• Coursera
• Cisco
• BYJU’S

Other Prominent Vendors

• GP Strategies
• McGraw Hill
• D2L
• Cengage Learning
• NIIT
• Learnetic
• IXL Learning
• Udemy
• edX
• Docebo
• Litmos
• LeQuest
• FutureLearn
• iHASCO
• LinkedIn