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The e-learning market is expected to grow at a CAGR of over 14% during the period 2019-2025NEW YORK, April 24, 2020 /PRNewswire/ -- The corporate e-learning market is majorly driven by increasing emphasis on talent enhancement and retention. Globalization is mandating a different set of functional and language skills for the critical workforce as companies expand their business presence across geographies. The corporate training market represents an excellent investment opportunity for vendors in the global e-learning market. In mature markets, large companies can be early adopters as their training programs, and content covers compliance, IT management, and industry-related courses. The UK is a potential market for corporate learning. A majority of organizations are focusing on enabling collaboration and knowledge transfer between remote teams, functional skill enhancement and cross-domain knowledge sharing, and training for entry-level employees and newcomers. The higher education segment is observing high demand for digital courses, content, educational materials, and paid subscriptions for global e-learning platforms. The advent of massive open online courses has witnessed unprecedented traction among students of international universities and schools. Europe has a well-established market for e-learning in higher education. The K-12 segment relates to public education bodies, primary, and secondary private education entities. The segment has played a major role in the consistent growth of global educational expenditure. Mobile devices and gamification tools play a major role in the K-12 segment. Several established and new companies are entering the global e-learning market, which is estimated to witness a cumulative annual growth rate of 16% by 2020. In the K-12 sector, tablets are the most used mobile devices. All online players in this market are rethinking their offerings to be a major player. Education technology plays an important and strategic role in changing textbooks to e-books. Market Segmentation by Delivery Mode • Packaged Content • Learning Management System (LMS) • Others Market Segmentation by Learning Mode • Self-paced • Instructor-led Market Segmentation by Function • Training • Testing Market Segmentation by End-user • K-12 • Higher Education • Corporate • Government • Vocational INSIGHTS BY GEOGRAPHY The demand for e-learning in the region is driven by better technological infrastructure, extensive reach of innovative learning and training solutions, and high awareness of e-learning over conventional offline learning models. With the increasing trend of using online courses and learning materials as a practical substitute for regular classroom teaching, the market in North America is experiencing tremendous growth. This is driving the popularity and acceptance of e-learning solutions. The high average disposable income of the population, the rapid proliferation of smartphones, and innovations in the development of interactive and gamified learning platforms are the main factors that are expected to fuel the market growth in the region. Key Profiled Country • North America o US o Canada • APAC o China o Japan o South Korea o India o Australia • Europe o Germany o UK o France o Nordic o Spain • Latin America o Brazil o Mexico o Argentina o Chile • Middle East & Africa o GCC o South Africa INSIGHTS BY VENDORS Setting the price right to effectively gauge and capture the marginal utility of the potential consumer is a strategic challenge for vendors in the e-learning market. Since there are little safeguards to protect intellectual property, especially in terms of content copyright, it is necessary for vendors to innovate and offer better engaging content through effective ways constantly. This will enable them to better deal with the price-based competition that arises as a result of the growing concentration of players. Because of a large number of players and the face of rapidly evolving learning preferences, it is imperative for vendors to not only focus on customer acquisition but also retention. While freemium offerings with attractive short-term subscription pricing can help garner a large customer base, continuous investments in product development, especially through gamified and contextualized interfaces, can help them engage and retain the learning audience. Further, vendors also have to keep a continuous track of pricing of new entrants;. At the same time, price-based competition is not recommended, attractive prices can well detract buyers, and the same has to be effectively mitigated with innovation and product development. Prominent Vendors • Apollo Education Group • BlackBoard Learn • British Council • Oracle • Pearson Other Prominent Vendors • Docebo • McGraw-Hill E-learning Group • Aptara • Desire2Learn • Edmodo • Skillsoft • Cengage Learning • Macmillan • Cornerstone OnDemand, Inc. • Educomp • Kroton • Telefonica • Instructure • edX • English Attack • Estacio • Coursera • Latitude • Litmos • Open English • Veduca • LinkedIn (Microsoft) • SimpliLearn • Think and Learn (Byju's) • SweetRush • upGrad • LeQuest • FutureLearn • Learn2Play • Chegg • Bright Little Labs • Aula Education • Whitehat Security • Blinkist • Aveti Learning • Age of Learning • Learnetic • Elearn Australia • 360Learning • Khan Academy • Udemy • SkillShare • Udacity • Pluralsight Inc. • Alison • Babbel • Treehouse • unacademy (Sorting Hat Technologies Pvt Ltd) • Duolingo KEY MARKET INSIGHTS The analysis of the e-learning market provides sizing and growth opportunities for the period 2020–2025. • Offers market sizing and growth prospects of the market for the forecast period 2020–2025. • Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market. • Includes a detailed analysis of market growth drivers, challenges, and investment opportunities. • Delivers a complete overview of market segments and the regional outlook of the market. • Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the market. 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