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

Global E-Learning Services 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.

Market Overview:

The latest research study on the global E-Learning Services market finds that the global E-Learning Services market reached a value of USD 270518.0 million in 2022. It’s expected that the market will achieve USD 446133.03 million by 2028, exhibiting a CAGR of 8.7% during the forecast period.

The government sector is using video conferencing and online techniques extensively to reach out to the masses in the wake of the COVID-19 crisis. The Department of Health, Australia has initiated an online training module for healthcare workers that encompasses the fundamentals of infection, control & prevention of COVID-19. The World Health Organization (WHO) is also providing digital training to healthcare workers and administration related to virus prevention, control & hygiene.

According to the UNESCO, around 12 million adults in 20 Latin American countries participated in some form of digital education as of May 2019. Large scale adoption of mobile technology and internet is a key factor fueling the industry growth.
The ongoing coronavirus (COVID-19) pandemic has led to temporary closure of businesses and educational institutions, limiting public gatherings and maintaining social distancing to contain the spread of the virus. This has positively impacted the market with increasing number of organizations switching to virtual learning experience.
During the epidemic, E-learning came to the fore when traditional methods of education that required face-to-face contact and communication were banned. Whether its students studying at home, companies’ online training for employees, or government-provided training, they have greatly increased the demand for online learning, making the E-Learning Services industry flourish during the epidemic.

Rise in sale of smartphones is propelling the mobile eLearning market

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.

Increasing demand for customized and enhanced learning services

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.

Low motivation

As any other systems e-learning also have some drawbacks. Being flexible is not always good as it may cause laziness and thus reduce efficiency. Students with low motivation may not achieve the set goals most of the time, as there is noone to look over. Students are themselves responsible for the routine and organisation of the course, thus leading to laziness and low motivation at times. Lack of a fixed schedule and deadlines may lead to students dropping out of the course prematurely. This puts some parents on the sidelines of e-learning.

The growth of training demand

On the global e-learning market, the corporate training sector provides an excellent investment opportunity for vendors. Large businesses can be early adopters in mature markets as their training programs, and content covers compliance, IT management, and industry-related courses. Most companies concentrate on facilitating collaboration and information transfer between remote teams, improving functional skills, exchanging cross-domain expertise, and training for entry-level workers and newcomers.

Region Overview:

In global comparison, a significant portion of the revenue was generated in North America (47.23% in 2022).

Company Overview:

Apollo Education Group is one of the major players operating in the E-Learning Services market, holding a share of 0.66% in 2023.

Apollo Education Group

Apollo Education Group, Inc. provides higher education programs for working adults. The Company offers undergraduate and graduate online and on-campus courses at the high school.

Cengage

Cengage is the education and technology company built for learners. The company serves the higher education, K-12, professional, library and workforce training markets worldwide.

Segmentation Overview:

Among different product types, Online E-Learning segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Skill Training segment occupied the biggest share from 2018 to 2022.

Key Companies in the global E-Learning Services market covered in Chapter 3:

Moodle
Think & Learn (BYJU'S)
Cegos
360Learning
OpenSesame
Cornerstone
Cengage
D2L Corporation
edX
Pluralsight
SAP Litmos
Babbel
Blackboard
Udacity
NIIT
Pearson
Kineo
Edmodo
Instructure
Udemy
Apollo Education Group
Skillsoft
Age of Learning
2U Inc
Chegg
LinkedIn
Coursera
Docebo
McGraw Hill
Simplilearn

In Chapter 4 and Chapter 14.2, on the basis of types, the E-Learning Services market from 2018 to 2029 is primarily split into:

Online E-Learning
Learning Management System
Mobile E-Learning
Rapid E-Learning
Virtual Classroom
Mooc Platforms

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the E-Learning Services market from 2018 to 2029 covers:

K-12
Higher Education
Skill Training
Government
Vocational
Others

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)