The Global Academic E-Learning market accounted for $58.38 billion in 2017 and is expected to reach $151.78 billion by 2026 growing at a CAGR of 11.2% during the forecast period.
The increasing e-learning enrolment across the world is expected to fuel the growth of the market. However, the lack of standardization in e-learning content curation, and lack of technical expertise can hamper the growth of the market.
Factors such as flexible formats for courses (self-paced courses), certifications, and degree programs that facilitate job placement, professional growth, the transition to other disciplines, and advanced studies drive e-learning enrolments.
Based on type, Online segment is going to have a lucrative growth as online platform collect data on a real-time basis and are readily available at very low, subscription costs. They also reduce the need for commuting to other locations.
By Geography, North American region is constantly enhancing due to the advantages such as extensive access to innovative learning and training solutions are propelling the demand for academic e-learning modules in the North American market.
Some of the key players profiled in the Academic E-Learning market include Pearson, Berlitz, Blackboard, Desire2Learn, EF Education First, Instructure, MPS Limited and Vipkid.
Market share assessments for the regional and country level segments
Strategic recommendations for the new entrants
Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets