LONDON--(BUSINESS WIRE)--The global e-learning market 2018-2022 is expected to post a CAGR of more than 17% during the forecast period, according to the latest market research report by Technavio.
A key factor driving the growth of the market is the learning process enhancements in the academic sector. The evolution of education technologies began with schools and colleges converting traditional classrooms into digital classrooms by investing in fundamental hardware and software solutions. Advances in information technology has revolutionized communication practices and aspects of education. Technology is transforming K-12 and higher education by empowering teachers as they can reject education technologies that divert student attention.
This market research report on the global e-learning market 2018-2022 also provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.
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In this report, Technavio highlights the increase in adoption of microlearning as one of the key emerging trends in the global e-learning market:
Global e-learning market: Increase in adoption of microlearning
Microlearning refers to learning using bite-sized content. Since educational institutions and corporates increase their emphasis on personalization and adaptive learning, the concept of microlearning will have an increased prominence. In microlearning, all topics of the course are split into smaller pieces that consist of videos, audios, texts, or infographics. Video and audio sessions are generally 5-10 minutes long. Apart from video sessions, microlearning is executed in numerous ways through quizzes, games and just in time content delivery.
“In the academic sector, BYOD and corporate owned personally enabled policies are adopted to allow learners to learn at their convenience using their preferred device. Microlearning helps to learn specific information in short intervals through their device. The latest focus area in this regard is microlearning as this facilitates efficient just-in-time learning support and plays an active role in closing individual learning gaps. Some of the tools that are generally used by educational institutes and schools are Venngage, Animoto, and PechaKucha. These tools can be used to create infographics that play a significant role in learning microlearning,” says a senior analyst at Technavio for research on human machine interface.
Global e-learning market: Segmentation analysis
This market research report segments the global e-learning market by end-user (K12, high education, and corporate) and geographical regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of more than 43%, followed by APAC and EMEA, respectively. However, during the forecast period, the growth in the APAC region will be steady while the growth in the Americas and EMEA will be slow. Emerging economies in APAC and EMEA are considered as potential economies for investment and e-learning start-ups.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market sizing
- Market size and forecast
Five Forces Analysis
- Regional comparison
- Key leading countries
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
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