October 17, 2022
Technavio Survey: E-learning Course Market to Increase by USD 109.05 Bn Due to Digitization
B By 2026, the market size is projected to grow by USD 109.05 billion, according to Technavio's report titled, "E-Learning Courses Market by End-user and Geography - Forecast and Analysis 2022-2026."
The report provides a thorough analysis of the market's size today, its potential for future growth, the key business models used by vendors, the latest product introductions, and the most important market segments to focus on for investment over the coming years.
In 2021, the market experienced a YOY growth of 15.67%, and during the forecast period, the market is anticipated to grow at a CAGR of 16.75%, the report found.
…despite the survey's warning that credibility issues could impede the market's growth, the report's assessment of the E-learning course markets was positive...
As a result of product and service expansions, M&A, and technological advancements made by top international and regional vendors, the competitive environment will reportedly get more intense during the forecast period, according to Technavio. As e-learning becomes more popular, a number of vendors will focus on providing courses with a variety of content from various domains.
Several vendors are expected to focus on providing e-learning programmes to people, companies, and academic institutions, according to Technavio.
edX LLC, Adobe Inc., Articulate Global Inc., Blackboard Inc., Cegos Group, Cisco Systems Inc., Citrix Systems Inc., City and Guilds Group, Compunnel Software Group Inc., Coursera Inc., CrossKnowledge, D2L Corp., Docebo Inc., and Co. KG, GP Strategies Corp., Kaplan Inc., NIIT Ltd., Pearson Plc., Skillsoft Corp., and Seek Ltd. were a few of the key market participants in the Technavio survey.
Despite the survey's warning that credibility issues could impede the market's growth, the report's assessment of the E-learning course markets was positive.
Market vendors should maintain their positions in the slow-growing segments while concentrating more on the growth prospects in the fast-growing segments to take advantage of the opportunities.
Posted in News and tagged News, Technavio Survey, E-learning Course Market, Digitization, Credibility Issues
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