Dublin, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The "Europe E-Learning Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The Europe e-learning market is on a robust growth trajectory, with expectations to reach $91.08 billion by 2028, showing a remarkable CAGR of 13.6% from 2022. Several key factors are contributing to this significant growth, making Europe a hub for e-learning adoption and innovation.
Key Highlights:
- High Smartphone Penetration: Europe's high smartphone penetration and rapid urbanization are enabling people to access learning materials and educational content easily. This accessibility is expanding the potential customer base for e-learning vendors.
- Topic Competence Examinations and Certificates: The availability of topic competence examinations and certificates is driving the e-learning business in Europe. Learners can assess their competency levels, revisit weak areas, and earn certifications, enhancing their future employment prospects.
- Interest in Paid E-Learning Subscriptions: European consumers, including government and corporate segments, are keen on adopting paid e-learning subscriptions. They actively engage in training and testing to boost employee productivity, creating revenue opportunities for e-learning vendors.
- Value-Oriented Education Market: Europe values education and seeks ways to optimize budgets without compromising quality. Consumers explore both traditional and online platforms, driving demand for e-learning courses, even in Central and Eastern Europe.
- Challenges in Development Costs: The European e-learning industry faces challenges due to high development costs associated with e-learning courses. The cost varies based on instructional design methodology and target learner groups, limiting market growth.
As Europe continues to embrace e-learning and adapt to changing educational landscapes, the e-learning market in the region is poised for significant expansion.
SEGMENTATION & FORECAST
- Delivery Mode (Revenue)
- Packaged Content
- Learning Management System (LMS)
- Others
- Learning Mode (Revenue)
- Self-paced
- Instructor-led
- Function (Revenue)
- Training
- Testing
- End-User (Revenue)
- Corporate
- Higher Education
- K-12
- Government
- Vocational
MARKET STRUCTURE
- Market Dynamics
- Competitive Landscape of Europe E-Learning Market
- Key Vendors
- Other Prominent Vendors
APPENDIX
- Research Methodology
- Abbreviations
- About the Analyst
LIST OF VENDORS
Key Vendors
- Oracle
- Adobe
- British Council
- Aptara
- Pearson
- Skillsoft
- Anthology
- Coursera
- Cisco
- BYJU'S
Other Prominent Vendors
- GP Strategies
- McGraw Hill
- D2L
- Cengage Learning
- NIIT
- Learnetic
- IXL Learning
- Udemy
- edX
- Docebo
- Litmos
- LeQuest
- FutureLearn
- iHASCO
Key Attributes:
Report Attribute | Details |
No. of Pages | 83 |
Forecast Period | 2022 - 2028 |
Estimated Market Value (USD) in 2022 | $42.36 Billion |
Forecasted Market Value (USD) by 2028 | $91.08 Billion |
Compound Annual Growth Rate | 13.6% |
Regions Covered | Europe |
For more information about this report visit https://www.researchandmarkets.com/r/crwh0j
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