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E-Learning Market Size, Share, Trends, COVID-19 Impact and Growth Analysis Report - Industry Forecast (2022 to 2027)

E-Learning Market Size and Growth (2022-2027)

 

The global e-learning market size is estimated to reach USD 350 billion by 2027 from USD 222 billion in 2022 with a CAGR of 13.2% from 2022-2027.

 

E-learning refers to the learning system based on standard teaching through electronic resources. It also refers to a network-enabled transfer of knowledge and at the same time, a huge number of recipients can listen to the class.

 

E-learning is the greatest transformation that has taken place recently. The unexpected birth of e-learning online education, virtual classrooms, and e-learning sessions were launched to many developing entrepreneurs trying their success during the ever-burgeoning industry.

 

MARKET DRIVERS

 

The market is driven by the snowballing developments in technological infrastructure with the quick increasing adoption of video-instructor-led training methods. Huge organizations are investing highly to propel market growth worldwide. The sales of smartphones are increasing along with the growth in perforation in wireless communications technologies is skyrocketing fueling the e-learning market growth globally. The incorporation of gamification procedures in e-learning modules is likely to create a positive impact on the e-learning market in the forthcoming years.

 

The appearance or the arrival of certain new technologies like Virtual Reality (VR), Artificial Intelligence (AI), and cloud-based Learning Management Systems (LMS) burgeon the market growth. The increasing adoption of online learning tools by schools and businesses for developing the employment and learning experience of students and employees. The factor helps in supporting the e-learning market growth.

 

Moreover, the agriculture sector is increasing its demand for exact and strong farming methods providing easy and simple educational content to the farmers.

 

As per the UNICEF, 90% of the countries and governments have executed some form of remote or e-platform to help educate children.

 

MARKET RESTRAINTS

 

However, less interaction with learners and upper-class and the need for self-motivation and proper time management skills in learners diminish the e-learning market growth.

 

COVID-19 Impact on E-Learning Market

 

With the sudden eruption of the novel coronavirus (COVID-19), the e-learning market is witnessing a significant impact. Due to the rising cases of the COVID-19, nations have imposed strict lockdown resulting in closures of schools, colleges, and universities. More than 1.3 billion school-going students were destitute of education because of the pandemic crisis. For instance, more than 5.4 million students in South Korea have started taking lessons online that were live-streamed like Zoom from home, and Google Classroom, as South Korea attempts to confront the COVID-19, in April 2022.

 

E-learning has turned out to be a challenge and encountered a growing burden. The E-learning sector has achieved excellent growth despite the pandemic crisis. Many organizations have transferred to e-learning solutions to complete their syllabus. To prevent the virus spread and maintain social distancing, other organizations have adopted virtual learning solutions. For example, the World Health Organization (WHO)is providing training courses to educate and train healthcare professionals regarding the related threats while treating COVID patients.

 

Segmentation Analysis

 

The Global E-Learning Market has been segmented and sub-segmented based on the technology, provider, and application.

 

E-Learning Market - By Technology

 

  • Online e-learning
  • LMS
  • Mobile e-learning
  • Rapid e-learning
  • Virtual classroom
  • Others

 

Mobile e-learning technology has experienced quick adoption across the e-learning market. The growing use of smartphones increases the segment growth. The sales of smartphones have increased

 

E-Learning Market - By Provider

 

  • Service
  • Content

 

By provider, the services segment is accounted for the largest share in the e-learning market during the foreseeable period. The service segment plays a vital role in the e-learning market. The quick use in technology integration, course setup, and blended learning.

 

E-Learning Market - By Application

 

  • Academic
    • K-12
    • Higher education
    • Vocational training
  • Corporate
    • SMBs
    • Large enterprises
  • Government

 

By application, the academic segment is leading the e-learning platform during the foreseen period. With the advent of COVID-19, the academic syllabus of the students has halted. Then to complete the academic year courses, e-learning has come into existence.

 

Regional Analysis

 

North America

In the U.S., the e-learning platform has been experiencing an escalation by the education and corporate sectors over the past 3 to 5 years. The U.S. government is investing huge for the education of children and other online courses. As of 2022, investments in the U.S education technology sector reached over 1.6 billion as per the EdSurge Inc.

 

In Europe, due to the pandemic emergence, many universities in Europe have adopted teaching to provide mixed learning- a combination of onsite and online study.

 

The e-learning market in Germany is estimated to enjoy a growth of 20% through 2027. Various universities like WINGS Professional Studies, The Technical University of Kaiserslautern, The Carl von Ossietzky, and others offer various international programs online. These universities offer distance learning based on a blended-learning approach comprising multimedia, online study materials, and printed.

 

However, the Asia-Pacific region is exhibiting considerable growth in the e-learning market. India and China are increasingly demanding because of the growing literacy rate, government measures to bridge the digital divide, and the rising youth population. The region is anticipated to have the largest share in the e-learning platform over the upcoming years.

 

Latin America is registered to have quick growth in the e-learning platform. The demand for primary and secondary education is rising to fuel the market growth.

 

The Middle East and African region are to have notable growth throughout the period. The education field in UAE is fledging at a quick speed as education is the top priority for the government in UAE.

 

The government of UAE has launched the 'Learning from Afar' drive to permit students from classes 5-12 in Abu-Dhabi to pursue their learning and education in a safe environment.

 

Key Market Players

 

  1. Cisco Systems Inc.
  2. Aptara Inc.
  3. Skills2Learn Ltd.
  4. City & Guilds Group
  5. Citrix Education Inc.
  6. Apollo Education Group
  7. CERTPOINT Systems Inc.
  8. D2L Corporation
  9. Articulate Global Inc.
  10. Cornerstone OnDemand Inc.
  11. Allen Interactions Inc.
  12. Learning Pool
  13. Microsoft Corporation
  14. SAP SE
  15. Adobe Systems Inc.
  16. Saba Software
  17. Oracle Corporation
  18. Kallidus Ltd.
  19. Intuition Publishing and few others are the key players in the e-learning market globally.

 

Partnership

 

  • In October 2022, SAP partnered with Microsoft to widen its product portfolio and increase its customer base.

 

  • In April 2022, OpenLearning Limited associated with Alibaba to extend its online services across the Chinese ed-tech market.

 

Product Launch

 

  • In July 2022, Infor publicized the launch of its new module which focuses on human resources training globally.

 

Recent Market Developments

 

  • On September 09, 2022, Cisco launched the Webex Classrooms platform to permit school students to run online classes. Webex Classrooms works together with Webex meetings permitting hybrid learning solutions and easy video calling.

 

E-LEARNING MARKET REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2022 – 2027

Base Year

2022

 

Chapter 1. E-Learning Market  – Scope & Methodology

1.1. Market Segmentation

1.2. Assumptions

1.3. Research Methodology

1.4. Primary Sources

1.5. Secondary Sources

Chapter 2. E-Learning Market   – Executive Summary

2.1. Market Size & Forecast – (2021 – 2026) ($M/$Bn)

2.2. Key Trends & Insights

2.3. COVID-19 Impact Analysis

                2.3.1. Impact during 2021 - 2026

                2.3.2. Impact on Supply – Demand

                2.3.3. Impact on Production Cost

                2.3.4. Impact on Supply Chain

Chapter 3. E-Learning Market   – Competition Scenario

3.1. Market Share Analysis

3.2. Product Benchmarking

3.3. Competitive Strategy & Development Scenario

3.4. Competitive Pricing Analysis

3.5. Supplier - Distributor Analysis

Chapter 4. E-Learning Market   Entry Scenario

4.1. Case Studies – Start-up/Thriving Companies

4.2. Regulatory Scenario - By Region

4.3  Customer Analysis

4.4. Porters Five Force Model

                4.4.1. Bargaining Power of Suppliers

                4.4.2. Bargaining Powers of Customers

                4.4.3. Threat of New Entrants

                4.4.4. Rivalry among Existing Players

                4.4.5. Threat of Substitutes

Chapter 5. E-Learning Market –  Landscape

5.1. Value Chain Analysis – Key Stakeholders Impact Analysis

5.2. Market Drivers

5.3. Market Restraints/Challenges

5.4. Market Opportunities

Chapter 6. E-Learning Market – By Technology

6.1. Online E-Learning

6.2. LMS

6.3. Mobile E-Learning

6.4. Rapid E-Learning

6.5. Virtual Classroom

6.6. Others

Chapter 7. E-Learning Market – By Provider

7.1. Service

7.2. Content

Chapter 8. E-Learning Market – By Application

8.1. Academic

      8.1.1. K-12

      8.1.2. Higher Education

      8.1.3.  Vocational Training

8.2. Corporate

      8.2.1. SMBs

      8.2.2. Large Enterprises

8.3. Government

Chapter 9. E-Learning Market  , By Geography – Market Size, Forecast, Trends & Insights

9.1. North America

                9.1.1. U.S.A

                9.1.2. Canada

                9.1.3. Mexico

9.2. Europe

                9.2.1. Italy

                9.2.2. Spain

                9.2.3. Russia

                9.2.4. Germany

                9.2.5. UK             

                9.2.6. France

                9.2.7. Rest of Europe

9.3. Asia Pacific

                9.3.1. Japan

                9.3.2. South Korea

                9.3.3. China

                9.3.4. India

                9.3.5. Australia & New Zealand

                9.3.6. Rest of Asia-Pacific

9.4. Rest of the World

                9.4.1. Middle East

                9.4.2. Africa

                9.4.3. South America

                                9.4.3.1 Brazil

Chapter 10. E-Learning Market   – Company Profiles – (Overview, Product Portfolio, Financials, Developments)

10.1. Company 1

10.2. Company 2

10.3. Company 3

10.4. Company 4

10.5. Company 5

10.6. Company 6

10.7. Company 7

10.8. Company 8

10.9. Company 9

10.10. Company 10

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