Online Education Markets – The widespread use of

The widespread use of smartphones and the academic sector’s focus on digitizing educational processes in developed countries such as the US The presence of key market players such as Cisco, Oracle and Microsoft, combined with the early adoption of these technologies, contributes to the dominance of the U.S. region in the global e-learning market. The global e-learning market is expected to grow at an average annual growth rate (CAGR) of 9.23% over the forecast horizon, bringing the total market size to $319.167 billion in 2025, compared to $187.877 billion in 2019. Higher tuition fees and high interest rates on education loans in both developed and developing countries have increased the cost of education on campuses, constantly changing the trend towards e-learning solutions, with a positive impact on the demand for LMS in these universities and colleges. Government support policies also encourage investment in the development of e-learning platforms in the region, which has a positive impact on market growth. The global e-learning market is segmented by type of e-learning, academic institutions and business sector. In 2017, North America accounted for the largest share of the global e-learning market. In addition to national universities offering online distance learning courses, many universities in the United States are expanding their activities in the region by offering online courses for students and workers. Increased e-learning efficiency and flexibility are among the other factors contributing to the growth of e-learning in educational institutions. As the number of students increases and e-learning becomes more cost-effective, many educational institutions at all levels are integrating face-to-face learning with e-learning. The growing use of blurred solutions, combined with significant investments by key market players to improve the security and reliability of blurred learning platforms, further increases their popularity among end users. However, APAC is expected to be the fastest growing regional market during the forecast period as a result of increased Internet penetration combined with the growing use of mobile devices in emerging markets such as China, India, Malaysia and South Korea.