E Learning Market

Global E-learning Market

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Raksha Sharma

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E-learning Market Outlook 2031

The Global E-learning Market size was valued at USD 271.98 Billion in 2022 and is likely reach to USD 1.16 Trillion by 2031, expanding at a CAGR of 17.5% during the forecast period, 2023 – 2031. The growth of the market is attributed to various emerging technologies, including artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and cloud-based learning management systems (LMS).

E-learning is a standard learning approach based on online tools. The use of computers and the Internet are key components of E-learning, as teaching takes place in or out of the classroom. Many firms undertake training programs for workers all around the globe and e-learning has become a significant instrument in the corporate sector.

It helps students learn complicated theories, concepts, and subjects easily. Emerging technologies such as virtual reality, machine learning, augmented reality, and artificial intelligence affects the industry and drives businesses to create mobile platforms that improve consumers' real-time interactive experience.

With the advancement of fast telecommunication technology and global networking, this industry increased in both customer and supplier numbers all over the world.

The advent of the COVID-19 epidemic shifted the growth trajectory of the online learning market. COVID-19's impact on online learning resulted in increasing number of online learning programs and virtual classroom attendance.

E-learning Market Outlook

Market Trends, Drivers, Restraints, and Opportunities:

  • Rising adoption of e-learning in academic setups and corporates, favorable government policies to promote e-learning in developing economies, and advances in technology in smart education and e-learning are expected to boost the e-learning market.
  • Cloud-based e-learning platforms save money by allowing users to access material through the Internet without downloading large amounts of software or programs. During the projection period, this adoption of the cloud-based approach is expected to boost the e-learning market.
  • Several application-based learning platforms allow smartphone users to obtain real-time insights on any topic. Adoption of digital learning technology grew rapidly in the e-learning market, due to rising use of smartphones.
  • Key restraints of the global e-learning market are the high cost of software and the need for a large amount of software and hardware resources.
  • Growing use of artificial intelligence in e-learning solutions, automation, and advanced learning analytics are generating opportunities for the e-learning market to grow in the next years.

Scope of E-learning Market Report

The report on the global e-learning market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title  E-learning Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

E-Learning Market Segment Insights

Based on technologies, the global e-learning market is divided into learning management systems (LMS), online e-Learning, virtual classrooms, and packaged content. During the projected period, the packaged content is expected to hold a significant proportion of the market, due to the desire to gain skills and growing demand for skills in the digital industry such as virtual reality, AI, and big data.

E-learning Market Technologies
On the basis of learning modes, the e-learning market is segregated into self-paced and instructor-led. During the projected period, the self-paced market is predicted to continue its dominance, with an incremental rise of about USD 136 billion.

Over the last decade, Europe, Russia, and the UK emerged as the leading consumers of self-paced e-learning. Around 70 percent of people identify themselves as lifelong learners, which means that online education companies are expected to have a lot of potential in the industry over the next several years.


In terms of end-users, the market is divided into higher education, corporate, vocational training, K-12, and others. During the forecast period, the corporate segment is expected to increase by nearly 130 percent.

The COVID-19 pandemic resulted in increasingly widespread and permanent changes in work culture and legislation, hence learning and development professionals turned to corporate e-learning to empower and train their employees.
E-learning Market End Users

E-learning Market Regional Outlook

Based on regions, the market is classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The e-learning market in North America accounts for almost 38% of the industry's revenue and is continuously expanding, due to quick technological adoption by multiple enterprises to deliver effective training to their employees.

The US is the world's largest self-paced learning market, with the potential to drastically alter the industry's prospects.


The market in Asia Pacific is predicted to develop at a rapid rate throughout the forecast period, providing market players with numerous opportunities. Rising e-learning share of the market in this region is expected to be influenced by digital literacy and awareness about the benefits of using smart devices in modern classrooms.

E-learning Market Region

Segments

Technologies

  • Learning Management System (LMS)
  • Online E-learning
  • Virtual Classroom
  • Rapid E-learning

Learning Modes

  • Self-paced
  • Instructor-led

End-Users

  • Higher education
  • Corporate
  • Vocational training
  • K-12

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Aptara Inc.
  • Cornerstone
  • Adobe Systems
  • Meridian Knowledge Solutions
  • Citrix Education
  • Microsoft Corporation
  • NetDimensions
  • SAP SE
  • Oracle Corporation
  • Cisco Systems Inc.
  • Apollo Education Group
  • Learning Pool
  • CERTPOINT Systems Inc.
  • Allen Interactions Inc.

Competitive Landscape

In a fast-growing education industry, the market is fragmented into many local and regional firms competing with one another. Aptara, Inc., Cornerstone, Adobe Systems, Meridian Knowledge Solutions, Citrix Education, Microsoft Corporation, NetDimensions., SAP SE, Oracle Corporation, Cisco Systems, Inc., Apollo Education Group, Learning Pool, CERTPOINT Systems, Inc., and Allen Interactions, Inc.

are some major players in the market. Businesses in the e-learning market are working to deliver their information in an interactive format that sparks learners' interest in these training platforms.
E-learning Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. E-learning Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. E-learning Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. E-learning Market - Supply Chain
  4.5. Global E-learning Market Forecast
     4.5.1. E-learning Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. E-learning Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. E-learning Market Absolute $ Opportunity
5. Global E-learning Market Analysis and Forecast by End Users
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by End Users
     5.2.2. Y-o-Y Growth Projections by End Users
  5.3. E-learning Market Size and Volume Forecast by End Users
     5.3.1. Higher education
     5.3.2. Corporate
     5.3.3. Vocational training
     5.3.4. K-12
  5.4. Absolute $ Opportunity Assessment by End Users
  5.5. Market Attractiveness/Growth Potential Analysis by End Users
6. Global E-learning Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. E-learning Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global E-learning Demand Share Forecast, 2019-2026
7. North America E-learning Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America E-learning Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America E-learning Market Size and Volume Forecast by End Users
     7.4.1. Higher education
     7.4.2. Corporate
     7.4.3. Vocational training
     7.4.4. K-12
  7.5. Basis Point Share (BPS) Analysis by End Users
  7.6. Y-o-Y Growth Projections by End Users
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America E-learning Demand Share Forecast, 2019-2026
8. Latin America E-learning Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America E-learning Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America E-learning Market Size and Volume Forecast by End Users
     8.4.1. Higher education
     8.4.2. Corporate
     8.4.3. Vocational training
     8.4.4. K-12
  8.5. Basis Point Share (BPS) Analysis by End Users
  8.6. Y-o-Y Growth Projections by End Users
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America E-learning Demand Share Forecast, 2019-2026
9. Europe E-learning Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe E-learning Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe E-learning Market Size and Volume Forecast by End Users
     9.4.1. Higher education
     9.4.2. Corporate
     9.4.3. Vocational training
     9.4.4. K-12
  9.5. Basis Point Share (BPS) Analysis by End Users
  9.6. Y-o-Y Growth Projections by End Users
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe E-learning Demand Share Forecast, 2019-2026
10. Asia Pacific E-learning Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific E-learning Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific E-learning Market Size and Volume Forecast by End Users
     10.4.1. Higher education
     10.4.2. Corporate
     10.4.3. Vocational training
     10.4.4. K-12
  10.5. Basis Point Share (BPS) Analysis by End Users
  10.6. Y-o-Y Growth Projections by End Users
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific E-learning Demand Share Forecast, 2019-2026
11. Middle East & Africa E-learning Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa E-learning Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa E-learning Market Size and Volume Forecast by End Users
     11.4.1. Higher education
     11.4.2. Corporate
     11.4.3. Vocational training
     11.4.4. K-12
  11.5. Basis Point Share (BPS) Analysis by End Users
  11.6. Y-o-Y Growth Projections by End Users
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa E-learning Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global E-learning Market: Market Share Analysis
  12.2. E-learning Distributors and Customers
  12.3. E-learning Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Aptara Inc.
     12.4.2. Cornerstone
     12.4.3. Adobe Systems
     12.4.4. Meridian Knowledge Solutions
     12.4.5. Citrix Education
     12.4.6. Microsoft Corporation
     12.4.7. NetDimensions
     12.4.8. SAP SE

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