17.5% CAGR to be Recorded in Academic E-Learning Market between 2022 and 2027, 17,000+ Technavio Research Reports
NEW YORK, Jan. 31, 2024 /PRNewswire/ — The academic e-learning market size is estimated to grow by USD 147.89 billion from 2022 to 2027 at a CAGR of 17.5% with a YOY growth rate of 16.99% according to Technavio. To understand more, request a Free sample report
Companies: 15+, Including 51Talk English International Inc., Ambow Education Holding Ltd., Berlitz Corp., Cornerstone OnDemand Inc., D2L Corp., EF Education First Ltd., inlingua International Ltd., Instructure Holdings Inc., LearnWorlds CY Ltd., MPS Ltd., NIIT Ltd, Pearson Plc, Providence Equity Partners LLC, SAI Global Pty. Ltd., Sanako Oy, TAL Education Group, Teachable, Inc, Udemy Inc, VIPKID HK Ltd., and WhiteHat Education Technology Pvt ltd, among othersCoverage: Parent market analysis; key drivers, major trends, and challenges; customer and company landscape; company product insights and recent developments; key companies; and market positioning of companiesSegments: Deployment (On-premises and Cloud-based), End-user (Higher education and K12), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
The market growth is primarily driven by the introduction of new online degree programs. Educational institutions globally are responding to the growing demand for online education by expanding their offerings with new online degree programs. Examples include the University of the Arts London launching 30 degrees, and the University of Sydney partnering with 2U for online postgraduate degrees. This trend is expected to boost online course enrollments in the future.
The primary trend is the emergence of HTML5 as the main programming language for content authoring. The high cost of developing e-learning courses is a significant challenge restricting market growth.
Drivers, Trends, and Challenges have an impact on market dynamics and can impact businesses. Find some insights from a free sample report!
Benefits of Academic E-Learning
Academic e-learning offers numerous benefits to both students and educators. It provides access to a wide range of online courses and educational resources through e-learning platforms, fostering distance learning and flexibility in education. Virtual classrooms and learning management systems (LMS) facilitate interactive and collaborative learning experiences, often incorporating elements of gamification and adaptive learning to enhance engagement and personalization. Additionally, e-learning enables access to digital textbooks, educational apps, and virtual labs, expanding the scope of academic content available to learners.
Webinars and video lectures provide supplementary learning materials, while online assessments offer a means of evaluating student progress. Moreover, e-learning supports mobile learning, microlearning, and competency-based education, catering to diverse learning styles and needs. Open educational resources (OER) and academic digital libraries further enrich the experience, promoting lifelong learning and knowledge sharing. E-learning also enables the delivery of online degree programs, expanding educational opportunities for students worldwide. Finally, learning analytics provide valuable insights into student performance and engagement, supporting data-driven decision-making in education.
What are the key data covered in this Academic E-Learning Market report?
CAGR of the market during the forecast periodDetailed information on factors that will drive the growth between 2023 and 2027Precise estimation of the size and its contribution to the market in focus on the parent marketAccurate predictions about upcoming trends and changes in consumer behaviorGrowth across North America, Europe, APAC, South America, and the Middle East and AfricaA thorough analysis of the competitive landscape and detailed information about companiesComprehensive analysis of factors that will challenge the growth of companies
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ToC:
Executive Summary
Market Landscape
Market Sizing
Historic Sizes
Five Forces Analysis
Segmentation by Deployment
Segmentation by End-User
Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix
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SOURCE Technavio