NEW
YORK, June 6, 2024 /PRNewswire/ -- The
global academic E-learning market size is estimated to grow by
USD 259 billion from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of almost 23.35% during the forecast period. The
shift from Adobe Flash Player to HTML5 in the e-learning industry
is a significant business trend. Apple, Facebook, and SAP have
ceased support for Flash, leading content creators to adopt
HTML5.
This transition is driven by HTML5's mobile compatibility,
offline storage capabilities, and security advantages over
Flash. E-learning service providers use HTML5 authoring tools
to optimize courses for various screen sizes and enhance the
learning experience on mobile devices. The gradual abandonment of
Flash and the widespread adoption of HTML5 will continue to shape
the academic e-learning market.
Get detailed analysis on regions, market
segments, customer landscape, and companies- View the snapshot
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Deployment (On-premises
and Cloud-based), End-user (Higher education and K12), and
Geography (North America, Europe, APAC, South America, and Middle
East and Africa)
|
Region
Covered
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
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
|
Key Market Trends Fueling Growth
The academic e-learning market is experiencing significant
growth, with technologies like semantics, artificial intelligence,
and virtual reality leading the way. These technologies enable
personalized learning experiences, making education more accessible
and effective. Cloud-based solutions are also popular, allowing
students to access content from anywhere. Infrastructures like
classrooms and libraries are being transformed into digital spaces,
making education more convenient.
Additionally, the trend towards microlearning and adaptive
learning is gaining traction, allowing students to learn at their
own pace and in smaller, manageable chunks. Overall, the academic
e-learning market is evolving rapidly, offering new opportunities
for innovation and growth.
Market Challenges
- The cost of creating academic e-learning courses varies based
on the instructional design model. For instance, courses for
children have lower costs due to basic content, while those for
higher education levels incur higher costs due to more lectures and
tutor interactions. The development process includes SMEs,
instructional design team, project management team, and technical
staff specialists, each with significant variable costs.
- Designing stages, such as content creation, lecture and visual
content, and practical assessments, total approximately
USD11,000. Internet deployment and
regular updates increase costs further, with an average hourly
production cost of USD18,000. These
high development costs may delay market growth during the forecast
period.
- The academic e-learning market is experiencing significant
growth, with various players offering digital content and tools for
students. However, challenges persist in delivering effective and
engaging learning experiences. One major challenge is ensuring
accessibility and affordability for all students, particularly
those in developing countries.
- Another issue is maintaining student engagement and
motivation, as online learning can be less interactive than
traditional classroom settings. Additionally, ensuring data
security and privacy is crucial, as educational institutions and
students share sensitive information. Lastly, keeping up with
technological advancements and integrating new tools and platforms
can be a complex and ongoing process.
Research report provides comprehensive data on
impact of trend, driver and challenges - Download a
Sample Report
Segment Overview
- Deployment
- 1.1 On-premises
- 1.2 Cloud-based
- End-user
- 2.1 Higher education
- 2.2 K12
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 APAC
- 3.4 South America
- 3.5 Middle East and
Africa
1.1 On-premises- The on-premises academic
e-learning market allows educational institutions to fully own and
customize e-learning modules. This segment's growth is driven by
end-to-end quality control and enhanced data security. However, it
faces challenges such as longer implementation times, higher
maintenance costs, and limited scalability. Despite these
drawbacks, the market is expected to grow steadily due to the
benefits of on-premises solutions. Educational institutions value
the control and security these solutions provide, making them a
preferred choice for many.
For more information on market segmentation with
geographical analysis including forecast (2024-2028) and historic
data (2018 - 2022) - Download a Sample Report
Research Analysis
In the rapidly evolving academic e-learning market, traditional
methods are being replaced by innovative technologies such as
Artificial Intelligence (AI) and Machine Learning. IoT devices,
including Smartphones and mobile learning technologies, are
revolutionizing content delivery modes. Cloud-based platforms
enable unlimited access to educational materials, transcending
geographical boundaries.
Bandwidths continue to expand, ensuring seamless learning
experiences. Corporate learning is embracing these advancements,
shifting from conventional methods to more efficient and effective
e-learning solutions. The Internet plays a pivotal role in
connecting learners to a wealth of knowledge, making education more
accessible and convenient than ever before.
Market Research Overview
The Academic E-Learning Market encompasses a variety of digital
educational resources and technologies used for teaching and
learning in higher education institutions. These include
interactive multimedia courses, learning management systems,
digital libraries, and virtual classrooms. The market is driven by
the increasing demand for flexible and accessible education, as
well as the integration of technology into the classroom.
Additionally, the use of artificial intelligence and machine
learning in education is gaining traction, offering personalized
learning experiences and improved student outcomes. The market is
also influenced by government initiatives and funding for digital
education, as well as advancements in mobile technology and
broadband infrastructure. Overall, the Academic E-Learning Market
is a dynamic and evolving industry that is transforming the way we
learn and teach.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Deployment
-
- End-user
-
- Geography
-
- North America
- Europe
- APAC
- South America
- Middle East And Africa
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio