E-Learning Market to Reach $ 93.64 bn by 2024, Adobe Inc., Blackboard Inc., and Thomson Reuters Corp., Emerge as Key Contributors to Growth | Technavio

Technavio has announced its latest market research report titled Global e-Learning Market 2020-2024 (Graphic: Business Wire)

LONDON--()--Technavio has been monitoring the E-Learning market and it is poised to grow by USD 93.64 bn during 2020-2024, progressing at a CAGR of almost 13% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions:

  • What are the major trends in the market?
    An increase in the adoption of microlearning is a major trend driving the growth of the market.
  • At what rate is the market projected to grow?
    The year-over-year growth for 2020 is estimated at 10.56% and the incremental growth of the market is anticipated to be $ 93.64 bn.
  • Who are the top players in the market?
    Adobe Inc., Blackboard Inc., Cisco Systems Inc., GP Strategies Corp., Instructure Inc., NIIT Ltd., Oracle Corp., Pearson Plc, Skillsoft Corp., and Thomson Reuters Corp. are some of the major market participants.
  • What is the key market driver?
    The rising adoption of gamification is one of the major factors driving the market.
  • How big is the APAC market?
    The APAC region will contribute 34% of the market share.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Adobe Inc., Blackboard Inc., Cisco Systems Inc., GP Strategies Corp., Instructure Inc., NIIT Ltd., Oracle Corp., Pearson Plc, Skillsoft Corp., and Thomson Reuters Corp. are some of the major market participants. The rising adoption of gamification will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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E-Learning Market 2020-2024: Segmentation

E-Learning Market is segmented as below:

  • End-user
    • Higher Education
    • Corporate
    • K-12
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

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E-Learning Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The e-learning market report covers the following areas:

  • E-Learning Market Size
  • E-Learning Market Trends
  • E-Learning Market Industry Analysis

This study identifies an increase in the adoption of microlearning as one of the prime reasons driving the E-Learning market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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E-Learning Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist E-Learning market growth during the next five years
  • Estimation of the E-Learning market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the E-Learning market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of E-Learning market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market outlook
  • Market size and forecast 2019-2024

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY END-USER

  • Market segmentation by end-user
  • Comparison by end-user
  • Higher education - Market size and forecast 2019-2024
  • Corporate - Market size and forecast 2019-2024
  • K-12 - Market size and forecast 2019-2024
  • Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • APAC - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increase in adoption of microlearning
  • Increase in cloud computing solutions for academic sector
  • Rise of Industry 4.0

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Adobe Inc.
  • Blackboard Inc.
  • Cisco Systems Inc.
  • GP Strategies Corp.
  • Instructure Inc.
  • NIIT Ltd.
  • Oracle Corp.
  • Pearson Plc
  • Skillsoft Corp.
  • Thomson Reuters Corp.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global e-Learning Market will grow by USD 93.64 bn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/