Global E-learning Market Outlook to 2027

The report provides a comprehensive analysis of the potential of Global E-learning Industry. The report covers an overview and genesis of the industry, market size in terms of number of products sold and revenue generated.

Its market segmentations include by Provider, by Deployment Model, by Course, by End User and by Region; growth enablers and drivers; challenges and bottlenecks; trendsdriving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.

Market Overview:

According to Ken Research estimates, the Global E-learning market is forecasted to grow at a robust CAGR by 2027. The global e-learning market is estimated to cross the value of USD 500 Bn by 2027. The Global E-learning market has recorded a robust growth over the last few years, offering exciting opportunities for online retailers across various sectors.

• The highest growth is expected from the majorly populated APAC region. The high growth rate can be attributed to many middle-income groups in developing countries like India, a preferred market for vendors. 

• An increase in internet and smartphone penetration is the fundamental driver of e-learning market growth. This has revolutionized content delivery mode and evolved the method by continuously improving bandwidths and reducing data prices.

Key Trends by Market Segment:

By Deployment Model: Based on the deployment model, the cloud segment is leading the industry globally and is expected to register the fastest CAGR over the foreseen period. Cloud-based solutions are gaining remarkable traction in schools and universities due to their cost-effective and flexible training approaches for students.

By Region: The e-learning market was dominated by North America in 2022. However, Asia-Pacific is expected to witness significant growth during the forecast period, owing to rise in usage of e-learning services and adoption of cloud-based smart learning solution.

Competitive Landscape

In Global E-learning Market there are several players operating in the market, and top players account for a substantial share in the market in terms of revenue. The e-learning market is highly fragmented in nature. The major parameters on which these players complete includes course type, deployment model, Innovation and platform used. Key players in e-earning include Aptara, Inc, Adobe Systems Inc, Cornerstone, Citrix Education, Coursera, Meridian Knowledge Solutions, Microsoft Corporation etc.

Future Outlook

During the forecast period of 2022-2027, it is anticipated that the global e-learning market will grow at a massive CAGR by 2027. Major players account for a considerable percentage of online sales in the e-learning space and they actively participate in partnerships and product innovations to gain more market share in future. E-learning sales are continuing to rise in the Asia-Pacific region. New markets are forming, and established markets have the potential to grow even more in the forecasted period.