Europe E-Learning Market Forecast to 2028 – COVID-19 Impact and Regional Analysis– by Delivery Mode (Online, LMS, Mobile, and Others), Learning Mode (Self-Paced and Instructor-Led), and End User [Academic (K-12 and Higher Institution) and Corporate]
The Europe e-learning market is expected to grow from US$ 79.11 billion in 2022 to US$ 127.91 billion by 2028. It is estimated to grow at a CAGR of 8.3% from 2022 to 2028.
Emergence of Digital Learning is Driving the Europe E-Learning Market
With the introduction of new innovative tools or practices in the digital technology across the education sector, learners opting for e-learning manage to adopt the changes efficiently and rapidly. With many people working from home since 2020, digital learning has been helping users with virtual training via virtual instructor-led training (VILT), webinars, and e-learning tools. Also, e-learning platforms help develop content by giving virtual classrooms and campuses for communication between teachers and students. The main objective of e-learning is to manage the learning process and create an engaging learning environment to introduce additional functionalities to enhance learning capacities. Companies are using e-learning solutions to help employees in improving their skillsets and strengthen their knowledge regarding companies’ products and services, which would, in turn, benefit business organizations. Thus, the emergence of digital learning helps learners improve their performance by providing access to digital content in schools or universities, which is propelling the Europe E-Learning market growth.
Europe E-Learning Market Overview
The Europe e-learning market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Growing digitalization in the higher education sector, increasing government investments in digital modes of delivery, and rising need to incorporate technologies into teaching practices are anticipated to propel the e-learning market growth. The rise in the use of recorded content and remote learning platforms, along with the availability of high-speed broadband and bandwidth, enables digital files to be delivered via closed networks. These platforms also offer cost-effective storage via the cloud. Further, the increasing penetration of smartphones and laptops and their incorporation into digital education systems is likely to provide significant growth opportunities for the e-learning market in Europe. Technological innovation has allowed teachers to utilize digital technology and mobile platforms for new and innovative educational content delivery, format, and file storage. Such factors are anticipated to propel the growth of the Europe e-learning market over the forecast period.
Europe E-Learning Market Revenue and Forecast to 2028 (US$ Billion)
Europe E-Learning Market Segmentation
The Europe e-learning market is segmented into delivery mode, learning mode, end user, and country.
Based on delivery mode, the Europe e-learning market is segmented into online, LMS, mobile, and others. The online segment held the largest Europe e-learning market share in 2022.
Based on learning mode, the Europe e-learning market is segmented into self-paced and instructor-led. The instructor-led segment held the larger Europe e-learning market share in 2022.
Based on end user, the Europe e-learning market is segmented into academic and corporate. The academic segment held the larger Europe e-learning market share in 2022. Moreover, academic segment is fragmented into K-12 and higher institutions.
Based on country, the Europe e-learning market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. The UK dominated the Europe e-learning market share in 2022.
Adobe Inc; Cisco Systems Inc; Citrix Systems Inc; Cornerstone OnDemand Inc; D2L Inc; and SAP SE are the leading companies operating in the Europe e-learning market.
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