E-learning Market to grow at a CAGR of 15.68 percent to reach USD 494.07 Bn by 2029

(IT-NEWSWIRE.COM, July 06, 2023 ) As per Maximize Market research, the total global “E-learning Market” was USD 178.23 Bn in 2022 and is expected to grow at a CAGR of 15.68 percent over the forecast period to reach USD 494.07 Mn by 2029.

E-learning Market Report Scope and Research Methodology

The report includes E-learning Market size estimation and the growth rate along with existing and future trends in the market. The data for the report is collected by using primary and secondary collection methods with qualitative and quantitative analysis. A thorough report includes the drivers, restraints, upcoming opportunities, and challenges of the E-learning Market.

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E-learning Market Dynamics

The increasing demand for internet-enabled devices, the cost-effectiveness of E-learning and the increasing demand for lifelong learning are the driving factors for the market growth. The growing cases of cheating and increasing demand for continuous product innovation are the restraining factors for regional market growth.

E-learning Market Regional Insights

North America dominated the E-learning market in 2022 and is expected to experience the highest growth in the market during the forecast period. Technological advancements and supportive government initiatives are the regional growth drivers for the market.

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E-learning Market Segmentation

By Type

Hardware

Software

By Learning

Synchronous

Asynchronous

By Product Type

Online certificates

Test-taking strategies

Further education

Language proficiency

By End-Users

Elementary Schools

High Schools

Higher Education

Corporates

E-learning Market Key Competitors include:

Adobe, Inc.,

Apollo Education Group, Inc.,

Aptara Inc.,

Articulate Global, LLC,

Baidu Inc, Blackboard Inc.,

CERTPOINT,

Cisco Systems, Inc.,

Citrix Systems, Inc.,

D2L Corporation,

Google LLC,

Microsoft Corporation,

Oracle Corporation, and

SAP SE

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Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

E-Learning Virtual Reality Market- The market size is expected to reach USD 2494 Mn by 2029 at a CAGR of 56.25 percent during the forecast period.

Corporate E-Learning Market- The Market size is expected to reach USD 75.92 Bn by 2029 at a CAGR of 20.67 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

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Dnyaneshwari Yevale

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dy@maximizemarketresearch.com

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E-learning Market to grow at a CAGR of 15.68 percent to reach USD 494.07 Bn by 2029