Press Release

Visiongain Ltd.

E-Learning Services Market Report Up to 2031

October 22nd, 2021 12:00 AM

Visiongain has published a new report on E-Learning Services Market Report to 2031: Forecasts By Technology (Online e-learning, Learning Management System (LMS), Mobile e-learning, Virtual classroom, Rapid e-learning, Others), By Provider (Service, Content), By End-User (Academic {K-12, Higher Education, Vocational Training}, Corporate {Large Enterprises, Small and Medium-Sized Enterprises}, Government), By End-User (Business-to-Business, Business-to-Customers). PLUS, Profiles of E-Learning Services Companies and Regional and Leading National Market Analysis. PLUS COVID-19 Recovery Scenarios.

E-learning or electronic learning refers to the use of Internet technology for automation, administration and training process. The e-learning suites comprise of learning management systems (LMS), virtual classrooms, learning content management systems (LCMS) to manage all the aspects of learning content. Government initiatives supporting e-learning and rising penetration of internet and smartphones are the factors driving the growth of e-learning services market. The market seeks growth opportunities from increasing demand from the healthcare sector and growing demand for cloud-based LMS systems. However, lack of network infrastructure in developing countries and lack of peer-to-peer interaction are some of the factors hampering the market growth during the forecast period.

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COVID-19 Impact on E-Learning Services Market

The COVID-19 pandemic has affected the businesses and livelihood of the people at an unprecedented rate. The sudden outspread has resulted in social distancing and lockdown initiatives resulting in putting the businesses process at hold. Enterprises are adopting remote work culture and work from home initiatives, keeping in consideration the safety of employees and business continuity. Moreover, educational institutes have also adopted remote learning initiatives which have increased the demand for e-learning services. The academic institutes and commercial enterprises which have not used e-learning prior to the pandemic are now adopting various online training programs for the employees. Whereas, the companies which have already operated eLearning and training are focussed on developing new methods and courses and online strategies to offer to their consumers. The sudden rise in demand for remote work/education culture and work/study from home initiatives is expected to have a significant positive impact on the market.

Market Drivers

Government Initiatives Supporting E-Learning

Governments of various countries across the globe are taking initiatives to promote e-learning as a part of digitalization strategies. For instance, in India government has launched learning platforms such as Diksha, e-pathshala, and virtual learning labs, among others to promote e-learning in the country. Also, the UK government launched a new online learning platform which gives access to free, high-quality digital and numeracy courses to help the people of the nation to skill up and boost up the available job prospects. These are the factors driving the growth of e-learning services market.

Rising Penetration of Internet and Smartphones

Smartphone penetration is on the rise across countries such as China, India, the US, and Brazil, among others owing to the increasing availability of high-end features and high consumer disposable income. Moreover, with the low tariff rates and developments in network infrastructures, Internet penetration is also witnessing a rise resulting in increased consumption of Internet-based services such as e-learning. Mobile e-learning offers access to the study content anywhere and anytime and supports collaborative learning which is expected to drive the market growth during the forecast period.

Market Opportunities

Increasing Demand from and Healthcare sector

Healthcare sector has unique and intensive training sessions. Organizing the training session via traditional methods consume a lot of time and costs for the setup. E-learning offers the ease and speed of content creation and delivery. The LMS solutions allow access to training content, feedback and assessment 24/7 at any place and on any device having an Internet connection. Thus, the eLearning services have proven to be adaptable, efficient and cost-effective ways for meeting the unique training demands of the healthcare sector.

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Growing Demand for Cloud-Based LMS Systems

Cloud computing technology is one of the highly demanding technology in the current years. Organizations are planning on increasing their expenditure on cloud infrastructure owing to the benefit it offers. Cloud-based LMS solutions allow the user to provide flexible, cost-efficient, and effective eLearning to students and employees with minimal initial costs, automatic upgrades and updates, quick deployment capabilities, and enhanced security. The cloud-based LMS solutions are witnessing rise owing to the benefits offered of by the cloud platform, thereby offering growth opportunities to the e-learning services market during the forecast period.

Competitive Landscape

The e-learning services market is highly competitive. The key market players are focused on innovating its product portfolio with advanced capabilities. They are also involved in mergers & acquisitions strategies to broaden their offerings, customer base, and market share. Some of the companies profiled in the report include Adobe Systems Inc., Blackboard Inc., Cisco Systems Inc., Adrenna, Pearson Plc, Thomson Reuters Corporation, Infor, Oracle Corporation, SAP SE, and Saba Software.

September 2020, Cisco Systems, Inc. has developed Cisco Webex Classrooms, its e-learning platform. The new Cisco Webex Classrooms is designed for the specific needs of the educators, students, parents and IT professionals for delivering secure distance learning. The new integrations with Schoology and leading LMS allow students and educators to work securely within familiar systems.

April 2020, Cornerstone OnDemand, Inc. acquired Saba Software, a talent experience solutions provider. The acquisition aimed at expanding the e-learning product portfolio and market presence of the former company.

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Information found nowhere else
With our newly report title, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Visiongain’s study is for everybody needing commercial analyses for the e-learning services market and leading companies. You will find data, trends and predictions.

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Do you have any custom requirements we can help you with? Any need for a specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: catherine.walker@visiongain.com

About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.

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PR at Visiongain Inc.
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