Executive Summary
Driving Forces
The growing internet access in countries around the world is a major factor influencing the growth of online education and training. Increasing application of cloud-based solutions, combined with significant moves taken by key market players in ensuring the efficiency and usability of cloud-based education systems, are also contributing to the growth of online education worldwide.
With rising opportunities in the e-learning space, demand for content is also rising consequently many online content suppliers by collaborating with software service providers are creating more interactive and advanced study material. After the novel coronavirus disrupted the operations of schools and universities, the online content services sector has experienced flooding demand. Further industry has experienced a fall in hosting cost owing to rising competition in the market and this has allowed even small content providers to take part in the rapidly evolving market.
Blended Learning Gaining Popularity
During the pre-COVID-19 period, blended learning, which involves both online and offline modes of learning, saw substantial expansion. Although, after the virus outbreak that affected the world's significant economies in 2020 there was a pause in offline courses, which is expected to begin in 2022.
Market Performance
The E-learning market is expected to grow at double-digit growth YoY and record a CAGR of 10.68% between 2021-2026. The US e-learning market is expected to remain in the top position while China will evolve as a competitive market for e-learning software.
Scope of the Study
The report titled "Global E-learning Market Analysis and Outlook to 2026" by Makreo Research and Consulting Firm helps the reader to understand the performance of global online education during the Pre-COVID-19 and Post COVID-19 period with the help of regional analysis. The profile also contains company profiling of the leading players in the global market. Report help to recent developments, Key challenges, opportunities and growth enables present in the market. Also, Macro Economy Analysis describes how the world economy is shaping up.
The report answers key questions:
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