The Global E-Learning Market Reached A Valuation Of USD 267.29 Billion In 2023 And Is Projected To Reach USD 835.51 Billion By 2032, With A Compound Annual Growth Rate (CAGR) Of Approximately 13.50% During The Forecast Period From 2023 To 2033.
E-Learning Market Overview:
E-learning involves the delivery of knowledge and education through electronic media, including audio, video, e-books, AR/VR, and other digital formats. It offers numerous advantages to learners, such as affordable education and access to specialized course materials. Moreover, e-learning has been widely adopted by businesses to enhance employee performance. The increased demand for remote learning during the COVID-19 pandemic and the need for cost-effective, convenient learning solutions have fueled the market’s growth. Additionally, the integration of artificial intelligence (AI) and machine learning (ML) into e-learning systems has contributed to the global expansion of the market. However, challenges such as the lack of face-to-face interaction in e-learning and the need for self-motivation among learners have posed limitations to the industry’s growth.
COVID-19 Impact:
The COVID-19 pandemic had a significant impact on the e-learning market, leading to a substantial surge in 2020. Governments and businesses across many countries initiated various skill development programs, driving the demand for e-learning. The pandemic prompted increased investments in skill assessment technologies, enabling a deeper understanding of the workforce’s emotional and cultural aspects. These factors are expected to continue driving the growth of the e-learning industry. It is evident that COVID-19 will have long-term effects on people’s lives and economies, increasing the demand for e-learning. The need for skilled labor and government efforts to elevate workforce capabilities are both expected to positively impact market growth.
Market Drivers:
The use of AI and ML has witnessed a significant increase in e-learning platforms. These technologies allow for personalized learning experiences based on each student’s prior knowledge and offer a tailored approach to education. AI and ML also enable the rapid analysis of large datasets to identify patterns and trends, optimizing and continuously improving learning experiences. They streamline the course development process, making it more efficient without compromising quality. Additionally, these advancements facilitate the creation of multilingual content to cater to multinational corporations and remote workforces with diverse language needs. These developments are expected to create lucrative opportunities for the industry.
Market Restraints:
The rise in in-house content creation poses challenges to third-party content providers. Instructors collaborate with in-house experts to develop courses, making it difficult for external content suppliers to compete. Furthermore, blended e-learning, which combines online study resources with in-person instruction, requires online platforms and associated services. Schools and colleges aim to provide students with effective digital learning options that allow for engagement assessment, progress tracking, and feedback collection.
E-Learning Market Regional Landscape:
In 2022, North America emerged as the dominant market for e-learning, driven by a strong awareness of the advantages of e-learning over traditional offline learning models, robust technological infrastructure, and a wide array of innovative learning and training solutions. The region’s institutions have embraced e-learning, supported by technologically savvy businesses that demand advanced language skills, functional knowledge, vocational training, and soft skills. The U.S. in particular has exhibited high demand for e-learning solutions, and online courses and learning resources have become increasingly popular. As a result, e-learning solutions have expanded across various sectors of the economy.
E-Learning Market Competitive Landscape:
Key competitors in the global e-learning market include:
- Apollo Education Group
- Blackboard
- Oracle
- Pearson
- Aptara
- Adobe
- Cisco
- Skillsoft
- Niit
- FUTURELEARN Limited
- Articulate Global, Inc.
- Baidu Inc.
- edX Inc.
- Epicor Software Corporation
- GitHub Inc.
Recent Developments:
In May 2022, Anthology, a leading provider of education solutions supporting the full student lifecycle, announced its sponsorship of the World Higher Education Conference (WHEC2022) in Barcelona, Spain. This partnership with UNESCO aims to support international initiatives for digital learning, building on their previous collaboration in 2020, which focused on skill assessment technologies.
The Global E-Learning Market Segmentation:
E-Learning Market by Delivery Mode:
- Packaged Content
- Learning Management Software (LMS)
- Others
E-Learning Market by Learning Mode:
- Self-Paced
- Instructor-Led
E-Learning Market by Function:
- Training
- Testing
E-Learning Market by End Users:
- K-12
- Higher Education
- Corporates
- Government
- Vocational
E-Learning Market Size by Country and Region:
North America:
- United States
- Canada
- Mexico
Europe:
- United Kingdom
- France
- Germany
- Spain
- Italy
- Rest of Europe
Asia Pacific:
- China
- Japan
- India
- Australia
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
The Middle East & Africa:
- Saudi Arabia
- UAE
- South Africa
- Egypt
- Kuwait
- Rest of the Middle East & Africa
Latin America:
- Brazil
- Argentina
- Rest of Latin America
Table of Content
E-Learning Market Size, Share, Growth, and Forecast Report
Chapter 1. Introduction
1.1. Report Description
1.1.1. Aim of the Report
1.1.2. Prospective Audience
1.1.3. Unique Selling Prepositions and Key Takeaways from the Report
1.2. Scope of the Research Study
1.3. Approach/Research Methodology
1.3.1. Secondary Research
1.3.2. Primary Research
1.3.3. Expert Panel Review
1.3.4. Market Data Breakdown and Data Triangulation
1.3.5. Research Approach for Market Size Estimation
1.3.5.1. Top-Down Approach
1.3.5.2. Bottom-Up Approach
1.3.6. Key Assumptions
1.4. Market Segmentation
1.4.1. Delivery Mode
1.4.2. Learning Mode
1.4.3. Function
1.4.4. End Users
Chapter 2. E-Learning Market Overview
2.1. Introduction
2.2. Analysis by Delivery Mode, 2018-2032 (US$ Billion)
2.3. Analysis by Learning Mode, 2018-2032 (US$ Billion)
2.4. Analysis by Function, 2018-2032 (US$ Billion)
2.5. Analysis by End Users, 2018-2032 (US$ Billion)
2.6. Market Analysis by Region, 2018-2032 (US$ Billion)
Chapter 3. E-Learning Market Dynamics
3.1. Introduction
3.2. Growth Drivers
3.3. Growth Restraints
3.4. Growth Opportunities
3.5. Porter’s Five Forces Analysis
3.5.1. Threat of New Entrants
3.5.2. Bargaining Power of Buyers/Consumers
3.5.3. Bargaining Power of Suppliers
3.5.4. Threat of Substitute Delivery Modes
3.5.5. Intensity of Competitive Rivalry
3.6. Attractiveness Analysis
3.6.1. Delivery Mode
3.6.2. Learning Mode
3.6.3. Function
3.6.4. End Users
3.6.5. Region
3.7. Value Chain Analysis
Chapter 4. E-Learning Market Competition Analysis
4.1. E-Learning Market Share Analysis by Company, 2019 – 2022
4.1.1. Top 3 Players, 2019 – 2022
4.1.2. Top 6 Players, 2019 – 2022
4.2. Strategic Initiatives
4.2.1. New Products Launch
4.2.2. Mergers/Acquisitions
4.2.3. Agreement and Collaborations
4.2.4. Partnerships, Joint Ventures, Expansion, and Distribution
Chapter 5. Global E-Learning Market Analysis by Delivery Mode, Learning Mode, Function, and End Users, 2018-2032 (US$ Billion)
5.1. Delivery Mode
5.1.1. Global E-Learning Market Share, by Delivery Mode, 2022 and 2032
5.1.2. Global E-Learning Market Revenue, by Delivery Mode, 2018-2032 (US$ Billion)
5.1.3. By Packaged Content Market Analysis 2018-2032 (US$ Billion)
5.1.4. By Learning Management Software (LMS) Market Analysis 2018-2032 (US$ Billion)
5.1.5. By Others Market Analysis 2018-2032 (US$ Billion)
5.2. Learning Mode
5.2.1. Global E-Learning Market Share, by Learning Mode, 2022 and 2032
5.2.2. Global E-Learning Market Revenue, by Learning Mode, 2018-2032 (US$ Billion)
5.2.3. By Self-Paced Market Analysis 2018-2032 (US$ Billion)
5.2.4. By Instructor-Led Market Analysis 2018-2032 (US$ Billion)
5.3. Function
5.3.1. Global E-Learning Market Share, by Function, 2022 and 2032
5.3.2. Global E-Learning Market Revenue, by Function, 2018-2032 (US$ Billion)
5.3.3. By Training Market Analysis 2018-2032 (US$ Billion)
5.3.4. By Testing Market Analysis 2018-2032 (US$ Billion)
5.4. End Users
5.4.1. Market Share, by End Users, 2022 and 2032
5.4.2. Market Revenue, by End Users, 2018-2032 (US$ Billion)
5.4.3. By K-12 Market Analysis 2018-2032 (US$ Billion)
5.4.4. By Higher Education Market Analysis 2018-2032 (US$ Billion)
5.4.5. By Corporates Market Analysis 2018-2032 (US$ Billion)
5.4.6. By Government Market Analysis 2018-2032 (US$ Billion)
5.4.7. By Vocational Market Analysis 2018-2032 (US$ Billion)
Chapter 6. Global E-Learning Market Delivery Mode Analysis by Region, 2018-2032 (US$ Billion)
6.1. Packaged Content Market Analysis 2018-2032 (US$ Billion)
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East & Africa
6.2. Learning Management Software (LMS) Market Analysis 2018-2032 (US$ Billion)
6.3. Other Delivery Modes Market Analysis 2018-2032 (US$ Billion)
Chapter 7. Global E-Learning Market Learning Mode Analysis by Region, 2018-2032 (US$ Billion)
7.1. Self-Paced Market Analysis 2018-2032 (US$ Billion)
7.1.1. North America
7.1.2. Europe
7.1.3. Asia Pacific
7.1.4. Latin America
7.1.5. Middle East & Africa
7.2. Instructor-Led Market Analysis 2018-2032 (US$ Billion)
Chapter 8. Function Global E-Learning Market Function Analysis by Region, 2018-2032 (US$ Billion)
8.1. Training Market Analysis 2018-2032 (US$ Billion)
8.1.1. North America
8.1.2. Europe
8.1.3. Asia Pacific
8.1.4. Latin America
8.1.5. Middle East & Africa
8.2. Testing Market Analysis 2018-2032 (US$ Billion)
Chapter 9. Global E-Learning Market End Users Analysis by Region, 2018-2032 (US$ Billion)
9.1. K-12 Market Analysis 2018-2032 (US$ Billion)
9.1.1. North America
9.1.2. Europe
9.1.3. Asia Pacific
9.1.4. Latin America
9.1.5. Middle East & Africa
9.2. Higher Education Market Analysis 2018-2032 (US$ Billion)
9.3. Corporates Market Analysis 2018-2032 (US$ Billion)
9.4. Government Market Analysis 2018-2032 (US$ Billion)
9.5. Vocational Market Analysis 2018-2032 (US$ Billion)
Chapter 10. E-Learning Market Analysis by Geography, 2018-2032 (US$ Billion)
10.1. North America E-Learning Market Analysis 2018-2032 (US$ Billion)
10.1.1. U.S. E-Learning Market Analysis 2018-2032 (US$ Billion)
10.1.1.1. Delivery Mode
10.1.1.2. End Users
10.1.1.3. Learning Mode
10.1.1.4. Function
10.1.2. Canada E-Learning Market Analysis 2018-2032 (US$ Billion)
10.1.3. Mexico E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2. Europe E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.1. UK E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.1.1. Delivery Mode
10.2.1.2. End Users
10.2.1.3. Learning Mode
10.2.1.4. Function
10.2.2. France E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.3. Germany E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.4. Spain E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.5. Russia E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.6. Italy E-Learning Market Analysis 2018-2032 (US$ Billion)
10.2.7. Rest of Europe E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3. Asia Pacific E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.1. China E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.1.1. Delivery Mode
10.3.1.2. End Users
10.3.1.3. Learning Mode
10.3.1.4. Function
10.3.2. Japan E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.3. South Korea E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.4. India E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.5. Australia E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.6. Southeast Asia E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.7. Taiwan E-Learning Market Analysis 2018-2032 (US$ Billion)
10.3.8. Rest of Asia Pacific E-Learning Market Analysis 2018-2032 (US$ Billion)
10.4. Latin America E-Learning Market Analysis 2018-2032 (US$ Billion)
10.4.1. Brazil E-Learning Market Analysis 2018-2032 (US$ Billion)
10.4.1.1. Delivery Mode
10.4.1.2. End Users
10.4.1.3. Learning Mode
10.4.1.4. Function
10.4.2. Argentina E-Learning Market Analysis 2018-2032 (US$ Billion)
10.4.3. Rest of Latin America E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5. Middle East E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5.1. Israel E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5.1.1. Delivery Mode
10.5.1.2. End Users
10.5.1.3. Learning Mode
10.5.1.4. Function
10.5.2. Turkey E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5.3. Saudi Arabia E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5.4. UAE E-Learning Market Analysis 2018-2032 (US$ Billion)
10.5.5. Rest of Middle East E-Learning Market Analysis 2018-2032 (US$ Billion)
10.6. Africa E-Learning Market Analysis 2018-2032 (US$ Billion)
10.6.1. Egypt E-Learning Market Analysis 2018-2032 (US$ Billion)
10.6.1.1. Delivery Mode
10.6.1.2. End Users
10.6.1.3. Learning Mode
10.6.1.4. Function
10.6.2. South Africa E-Learning Market Analysis 2018-2032 (US$ Billion)
10.6.3. Rest of Africa E-Learning Market Analysis 2018-2032 (US$ Billion)
Chapter 11. Company Profiles
11.1. Apollo Education Group
11.1.1. Company Overview
11.1.2. Financial Performance
11.1.3. Product Benchmarking
11.1.4. Strategic Initiatives
11.2. Blackboard
11.3. Oracle
11.4. Pearson
11.5. Aptara
11.6. Adobe
11.7. Cisco
11.8. Skillsoft
11.9. Niit
11.10. FUTURELEARN Limited
11.11. Articulate Global, Inc
11.12. Baidu Inc
11.13. edX Inc
11.14. Epicor Software Corporation
11.15. GitHub Inc.
Chapter 12. COVID-19 Impact Analysis
12.1. Global E-Learning Market, 2020 – 2032, Pre-V/S Post COVID 19
12.2. Estimated Impact of The Coronavirus (Covid-19) Epidemic on the E-Learning Market Size In 2022, By Scenario
12.3. Impact on Supply Chain and Production in E-Learning Market
12.4. Impact on Import and Export
Chapter 13. Conclusion
E-Learning Market by Delivery Mode
- Packaged Content
- Learning Management Software (LMS)
- Others
E-Learning Market by Learning Mode
- Self-Paced
- Instructor-Led
E-Learning Market by Function
- Training
- Testing
E-Learning Market by End Users
- K-12
- Higher Education
- Corporates
- Government
- Vocational