Global Education and Elearning Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Education and Elearning Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

eLearning is learning utilizing electronic technologies to access educational curriculum outside of a traditional classroom. In most cases, it refers to a course, program or degree delivered completely online. There are many terms used to describe learning that is delivered online, via the internet, ranging from Distance Education, to computerized electronic learning, online learning, internet learning and many others. eLearning can be defined as courses that are specifically delivered via the internet to somewhere other than the classroom where the professor is teaching. It is not a course delivered via a DVD or CD-ROM, video tape or over a television channel. It is interactive in that students can also communicate with their teachers, professors or other students in the class. Sometimes it is delivered live, where students can “electronically” raise their hand and interact in real time and sometimes it is a lecture that has been prerecorded. eLearning has been proven to be a successful method of training

Market Overview:

The latest research study on the global Education and Elearning market finds that the global Education and Elearning market reached a value of USD 201036.0 million in 2022. It’s expected that the market will achieve USD 279352.57 million by 2028, exhibiting a CAGR of 5.64% during the forecast period.

Market Driver Analysis

With smartphones and mobiles getting more affordable and internet connectivity getting faster, developers are working on enhancing solutions for on-the-go learners. Technologies, such as HTML5, support the increasing market demand for mobile compatible e-learning data. Portable devices provide learners with access to training resources from remote locations. Moreover, in response to the surge in market demand for efficient eLearning solutions, companies offer custom content and mobile-based learning options with advanced technologies.
The e-learning services segment is witnessing high demand for curriculum design & development, training delivery and analytics services for the seamless functioning of digital learning systems. The content availability related to course materials for educating and training students or employees has surged over the past years. Companies are focusing on providing custom eLearning services that help organizations to create strategy, identify specific requirements, and develop content with subject experts. Growing competition among players to offer user-centric and efficient learning solutions will drive the market growth.

Region Overview:

From 2023-2028, Europe is estimated to witness robust growth prospects.

Company Overview:

Pearson is one of the major players operating in the Education and Elearning market, holding a share of 2.79% in 2020.

Pearson Inc. provides global media and educational services. The Company offers business information, education materials and technologies, and consumer publishing markets. Pearson serves customers throughout the world.

McGraw-Hill Education, Inc. publishes educational materials. The Company delivers content, tools, and services through print, digital, and hybrid solutions for pre-kindergarten, secondary school, college, university, professional learning, and information markets.

Segmentation Overview:

Among different product types, Academic Education and Elearning segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the K-12 segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Education and Elearning market covered in Chapter 3:

Desire2learn
Adobe
Blackboard
Cornerstone Ondemand
Aptara
Macmillan
McGraw-Hill
Cengage Learning
Apollo Education
Docebo
Pearson
NIIT
Oracle

In Chapter 4 and Chapter 14.2, on the basis of types, the Education and Elearning market from 2018 to 2029 is primarily split into:

Academic Education and Elearning
Corporate Education and Elearning

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Education and Elearning market from 2018 to 2029 covers:

K-12
Corporates
Government
Vocational
Higher Education

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)