Over the past few years, the trend of online learning has been growing rapidly. Online learning can be defined as obtaining virtual education using a mobile, laptop or a desktop from anywhere in the world. It helps a person to become an independent learner at his/her own pace. The advance design & technology of online learning reduces distractions and keeps the focus on learning.
A major factor contributing to the high growth of the e-learning market is the rising shift towards flexible education solutions in the corporate and the academic sector. These solutions allow students and employees operating in a range of verticals such as healthcare, BFSI, information and telecommunication to have access to quality training but are dispersed over a large geographical area. The rapid scale of globalization has necessitated the need for language and sensitivity learning. MNCs are moving their employee base to foreign locations, leading to the increase in demand for these services. The government of various organizations, such as India, China, and Japan are aiming at improving the literacy of the general population, primarily in rural and semi-rural locations that have very limited access to schooling and educational infrastructure.
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The key factors that are favoring the market growth are flexibility in learning, low cost, easy accessibility, increased effectiveness by animated learning. Moreover, escalation in number of internet users and growing access of broadband pooled with mobile phones with online capabilities are also fueling the market growth. Advancements in the field of artificial intelligence are expected to further boost the growth rate of the online education market.
Segmentation:
Based on component, the market is segmented into software and hardware.
Based on product, the market is sectioned as services and contents.
Based on learning type, the online learning market is subdivided into asynchronous and synchronous.
Based on vertical, the market is segmented as primary to secondary education, higher education, professional education, and others.
Global Online Learning Market Players List:
Udacity, Inc.
Aptara Inc
Pearson
Adobe
Edmodo
PowerSchool
Docebo
LinkedIn Corporation
McGraw-Hill Education
Blackboard Inc.
Regional Overview:
The online learning market based on the component, product, learning type and vertical is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North American market is further segmented into US and Canada. The Europe market is categorized into UK, Germany, and France. The market for online learning in Asia Pacific is segmented into Japan, China, and India. The Latin American market is categorized as Mexico and Brazil. The Middle East & Africa region is classified as South Africa, Saudi Arabia, and UAE.
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Table Of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Global Online Learning Market – Market Dynamics
Drivers
Restraints
Opportunities
Chapter 4: Global Online Learning Market-By Component
Software
Hardware
TOC Continued
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