e-Learning - Beyond 2020

e-Learning - Beyond 2020

The global e-learning market was expected to reach $238 billion by 2024, growing at a CAGR of 8.5% during the forecast period. However the COVID-19 Pandemic has opened all doors of success for e-learning companies. While the new forecast is awaited, few companies have taken this opportunity to redefine the way they did business.

Companies with greater brand presence have seen 35% growth in just 6 weeks and are growing at 11% Week-on-Week. How Brand played a major role in scaling these businesses in a short time? What are the innovative brand approaches companies are adopting? Who are these innovative Brands in e-learning? How did they utilise anti-sentiments in their favor?

Will get to the answers for all the above questions.

The global e-learning market is driven by the growing demand for optimized content developed and designed to meet the requirements of the end-users and consumers in the global market.

The adoption of the self-paced learning module by the corporate sector will revolutionize the global market during the forecast period. The maturity of primary and secondary educations systems, corporate learning and training expenditure, federal budgetary allocations to education, literacy rates, and cultural inclinations are likely to increase the popularity of e-learning market worldwide.

The introduction of AR and VR in learning and the increasing trend of going mobile and going social are further expected to drive the digital learning market. Nowadays, vendors are focusing on offering learning modules with high engagement levels, customization, and rich content to gain the e-learning market share. Vendors are likely to focus on the adoption of m-learning technology. The increasing trend to invest in e-learning subscriptions and online courses is expected to generate potential revenue opportunities for e-learning vendors.

The growing awareness among work professionals to enhance skill-based proficiency has immensely contributed to the growth of the self-paced learning mode segment. Another key factor driving the segment is the high preference for continuous learning to scale new career opportunities among people. Learners are increasingly opting for course, which help them to grow aptitude and career prospects. Russia and the UK have emerged as the major consumers of self-paced e-learning in the last decade.North America dominated the e-learning market by learning mode in 2018 and is expected to continue its dominance during the forecast period.

Talent enhancement and employee retention have contributed significantly to the growth of the corporate segment, which dominates the e-learning market globally. However, K-12, higher education, and vocational segments are expected to drive the market during the forecast period. Further, gamification, blended learning, and m-learning are some of the key trends characterizing vocational learners. There has been a high demand for diverse content from the segment, ranging from language learning to functional subjects such as web development, engineering, sciences, and commerce and finance.

I will be publishing reports and research papers in the coming weeks.

Siddheshwar Parekh

Driving Manufacturing Growth | CRM & Integration Expert | Customer-Centric Innovator

7 个月

I am looking for lead generation services. Can you help me? You can find our requirements here: https://www.dhirubhai.net/feed/update/urn:li:activity:7179730765625102336/

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Shokhi Singh

Senior Practice Lead - HR (Talent Acquisition) at Infosys BPM - Diversity, Equity, and Inclusion & Leadership

4 年

Insightful

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Ashwini Sharma PMP?

Associate Director | Digital Product Delivery | D&Ai

4 年

Good one sir!

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Ranjan Jena

CEO - eMarket Education | Edupreneur | PPC Google Ads Coach | Speaker | Digital Marketing Guest Faculty

4 年

Very good bro

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