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The academic e-learning market size is forecast to increase by USD 259 billion at a CAGR of 23.35% between 2024 and 2028. The need for thrust reversers to tackle adverse climatic conditions during landing is essential for ensuring the safety and efficiency of aircraft operations. Technical advancements in thrust vector control systems are improving the performance and maneuverability of aircraft, driving demand for more advanced systems. The increasing demand for newer-generation aircraft, which offer improved fuel efficiency, lower emissions, and enhanced passenger comfort, is also driving market growth in the aviation sector. The report includes historic market data from 2018 - 2022.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
WhiteHat Education Technology Pvt ltd - The company offers academic e-learning such as coding and programming. Through the e-learning segment, the company offers various online courses for coding, which are oriented towards coding and programming.
The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market research and growth and players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
North America is estimated to contribute 35% to the growth of the global academic E-learning market industry during the forecast period. Technavio's analysts have provided extensive insight into market forecasting, detailing the regional market growth and trends influencing the market's trajectory throughout the forecast years.
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The e-learning model is increasingly adopted in North America as it is seen as a learning process and a medium where students use new technologies. Companies are investing in new technologies to provide increased flexibility in the academic sector. Therefore, students can learn using technological tools while exploring a virtual learning environment. The Florida virtual school is an online school built for personalized learning that can be accessed by public, private, and homeschooled students for K-12 education. Many universities in the region have launched online degree microlearning, and the adoption of m-learning will be the key trend in the region during the forecast period.
Based upon deployment market share growth of the on-premise segment will be significant during the forecast period. One of the primary drivers for the on-premises e-learning solutions segment is end-to-end quality control and data security capabilities. As servers containing academic e-learning modules are completely owned and managed by the buyer's educational institution, the data is more secure as compared with a public cloud-based solution. In addition, in most cases, servers containing the e-learning modules are essentially located within educational institutions, which eliminates the need for the Internet to access e-learning modules by students.
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The on-premises segment was valued at USD 35.80 billion in 2018. As on-premises academic e-learning modules can be completely purchased and acquired by schools, colleges, and universities, they can be readily customized according to the needs and requirements of the organization. Therefore, educational institutions can decide to include or exclude any module from their e-learning solutions. However, challenges like high implementation time, maintenance cost, and limited scalability may slow down market growth.
The market is witnessing a transformative shift driven by advancements in AI, machine learning, and IoT devices. As internet and smartphone penetration continues to rise, e-learning has become more accessible. Traditional learning methods are being replaced by innovative technologies that offer flexibility and convenience. Cloud-based platforms and mobile learning technologies are reshaping the education sector, allowing students to access educational content anytime, anywhere. This trend is revolutionizing content delivery modes and bandwidths, leading to a more interactive and engaging learning experience. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The market growth is primarily driven by the introduction of new online degree programs. With the increasing popularity and adoption of online learning, educational institutions worldwide are expanding their programs to offer online degrees. This expansion aligns with the growing trend of e-learning and takes advantage of the widespread internet access and smartphone penetration. Mobile learning technologies are also becoming more prevalent, offering flexible content delivery modes that cater to the needs of learners using smartphones. For example, the University of the Arts London introduced 30 new online and low-residency degrees in June 2021, while the University of Sydney partnered with 2U in February 2022 to provide four online postgraduate degrees, including a Master of Data Science and a Master of Project and Program Management. The introduction of these new online degree programs, both at the undergraduate and postgraduate levels, is expected to boost online course enrollments in the coming years, driving the market's growth.
The primary trend in the market is the emergence of HTML5 as the main programming language for content authoring. This shift was prompted by YouTube's replacement of Flash with HTML5 in 2015 and the refusal of companies like Apple, Facebook, and SAP to support Adobe Flash Player. HTML5 is now preferred by content developers due to its mobile-friendliness, adaptability to various screen sizes, and ability to create smart meta tags to optimize e-learning courses for mobile devices. Additionally, HTML5 offers offline storage capabilities, enabling learners to download and access e-learning courses without an internet connection. Thus, the adoption of HTML5 authoring tools by content developers is expected to be a key trend in the market, particularly with the increasing penetration of smartphones and mobile learning.
The primary obstacle hindering the growth of the market is the high cost of developing e-learning courses. The process of developing and designing academic e-learning courses involves various expenses, such as consultation with subject matter experts for content creation, designing visual and lecture content, and developing practical assessments. Additionally, the cost of creating and deploying e-learning content over the internet further increases the overall development cost.
On average, the production cost of online course content per hour amounts to approximately USD 18,000. Moreover, academic e-learning courses need to be regularly updated to keep up with evolving technologies and market trends and to remain competitive in the growing market. Additionally, developing academic e-learning courses to cater to diverse target learners incurs significant costs for developers. Thus, the high cost associated with e-learning may impede the growth of the targeted market during the forecast period.
The market development analysis report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the market research and growth report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The market is witnessing significant growth driven by advancements in AI and cognitive learning technologies and the widespread adoption of artificial intelligence. Institutions are leveraging cloud computing and cloud infrastructure for continuous product innovation and cost-cutting measures. The market is addressing cybersecurity attacks and ensuring the protection of confidential data while enhancing connectivity through platforms. With a focus on global e-learning, the market offers digital textbooks, digital universities, and online language learning platforms to cater to remote areas and facilitate seamless connectivity. Smart classrooms equipped with smartboards and VR and AR applications enhance learning and development with quality educational content and virtual reality technology
In the rapidly evolving academic e-learning market, several key trends are shaping the future of education. The delivery mode for content is transitioning towards the Internet of Things (IoT), enabling low data price access to learning materials from anywhere, at any time. This shift is facilitated by the streaming of data and content in real-time, ensuring an immersive and interactive experience for students. Home security is becoming increasingly important in the e-learning landscape, with educational institutions implementing robust systems to safeguard student information. Energy use is another critical consideration, as institutions strive to minimize their carbon footprint and reduce costs through the use of efficient technologies. The e-learning market is also witnessing a growing demand for soft skills training, as employers seek candidates with strong communication, collaboration, and problem-solving abilities. Medical advice is increasingly being delivered through digital channels, allowing students to access expert advice remotely and manage their health more effectively. Moreover, student information systems are becoming more sophisticated, providing real-time insights into student performance and progress. Content delivery in the academic e-learning market is evolving to meet the diverse needs of students, with a focus on accessibility, affordability, and personalization.
The market is evolving with the integration of attendance tracking and augmented reality to enhance connectivity-enhancing platforms for corporate learning. Data analytics drive insights into the education system for future opportunities in the global e-learning market. Solutions are tailored to meet functional and vocational expertise with a focus on learning avenues and materials. Localization and language proficiency are prioritized, aided by language translation and interpretation services. Paperless classrooms and streaming webinars facilitate remote working and telecommuting, while technological infrastructure supports user base growth and workforce training in organizations for strong workforce skills.
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Industry Scope |
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Report Coverage |
Details |
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Page number |
166 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 23.35% |
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Market Growth 2024-2028 |
USD 259 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
18.62 |
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Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
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Performing market contribution |
North America at 35% |
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Key countries |
US, China, India, Germany, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
51Talk English International Inc., Ambow Education Holding Ltd., Berlitz Corp., Cornerstone OnDemand Inc., D2L Inc, EF Education First Ltd., inlingua International Ltd., Instructure Holdings Inc., LearnWorlds CY Ltd., MPS Ltd., NIIT Ltd., Pearson Plc, Providence Equity Partners LLC, SAI Global Pty. Ltd., Sanako, TAL Education Group, Teachable Inc., Udemy Inc., VIPKID HK Ltd., and WhiteHat Education Technology Pvt ltd |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, condition analysis for the market forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Deployment
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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