E-learning Market Size to Reach Revenues of over USD 388 Billion by 2026 - Arizton
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E-learning Market – Segmentation
E-learning Market by Delivery Mode
E-learning Market by Learning Mode
E-learning Market by Function Type
E-learning Market by End-user
E-learning Market – Dynamics
Development in mobile applications is becoming the core strategy of majority of businesses where older education models are being replaced with revolutionary e-learning applications that have changed the process of learning. To overcome various problems faced by students from different demographics and geographical backgrounds, several features have been introduced in mobile applications to offer ease and convenience. With the help of mobile phones, learning has now become more interactive. The emergence of smartphones in the late 20th century has essentially changed the learning scenario. Smartphones are often cited as a new gateway for the growth of language learning products. These devices enable segment-wise streaming and allow the consumption of content as per the dynamic requirements of users. Mobiles applications pose a serious challenge to web platforms on account of their inherent flexibility in terms of content creation and consumption. E-learning content creators are now able to add bite-sized lessons and deploy learning modules in sprints easily in order to match the user's daily routine.
Key Drivers and Trends fueling Market Growth:
E-learning Market – Geography
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North America, that includes key countries such as the US and Canada, is a key geography as it hosts the most advanced and largest economies of the world. The US and Canada, despite hosting several technological innovations, are set to grapple with massive investments required to maintain and upgrade the existing technological infrastructure setup. The demand for e-learning from the institutional segment in the region is driven by high awareness of their advantages over conventional offline learning models, better technological infrastructure, and extensive reach of innovative learning and training solutions. The same is further reinforced by technology-leveraged industries that warrant an advanced degree of language proficiency, functional, and vocational expertise, and soft skills. The high demand for e-learning solutions in the US mainly influences the market growth in North America.
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E-learning Market by Geography
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