E-learning also denoted to as online learning or an electronic learning, is the attainment of knowledge which takes place through the electronic technologies and media. In other words, the e-learning denotes to a learning system that relies on the electronic devices and information and communication technology to convey the information. It conveys the information in the form of image, text, animation, text, video and audio with the help of internet, satellite broadcast, and intranet, interactive TV or CD-ROM. Additionally, e-learning is both cost-effective and cost-efficient, as it eradicates the geographical obstacles often linked with traditional classrooms and education.
Over the years, e-Learning has become an imperative part of the modern education system. Since its introduction, e-Learning has found prevalent applications in innumerable sectors counting IT, marine, retail, healthcare, telecommunications, and financial services. These aspects are using E-Learning programs for training employees as well as for circulating information. Few of the aspects accountable for shaping E-Learning Market Growth Rate in the academic and corporate environment embrace fast-paced improvements in Internet technology counting the high-speed internet access, bandwidth expansion, and establishment of 5G networks; e-Learning service innovations; improvement new and potent e-Learning technologies; swift penetration of smartphones and tablets and intensification use of the same for education maintained by digitalizing lifestyles of consumers; falling mobile data and fixed line internet tariffs and the succeeding robust rise in Internet users; budding wave of BYOD in enterprises and the resulting acceptance of implementing corporate e-Learning and training via tablets and smartphones; and favourable government initiatives that sustenance the usage of technology in education.
High competition in the industry is forcing E-Learning Market Major Players to introduce innovative services for strengthening their position and growing market share. While, due to the blowout of the coronavirus disease (COVID-19), governments of a quantity of countries have publicized complete lockdowns as a precautionary measure to encompass the pandemic. As a result, numerous educational institutions have loosened to e-learning solutions to complete the curriculum. Similarly, other organizations are also substituting to virtual learning solutions to continue social distancing. For instance, the World Health Organization (WHO) is conveying the online training courses to educate and train healthcare professionals about the accompanying risks while treating COVID-19 patients.
Apart from this, the growing sales of smartphones, along with the snowballing penetration of wireless communication technologies, characterize another growth-inducing factor impelling the global e-learning market growth. Furthermore, the increasing adoption of precision and sustainable farming methods is ever-increasing the demand for e-learning in the agriculture sector as it makes available easy access to educational content to the farmers. Nonetheless, the integration of gamification techniques in e-learning modules is anticipated to create a constructive outlook for the market during the coming years.
Although, at Ken Research, the Global Corporate E-Learning Market report conveys a holistic evaluation of the market. The report proposes a comprehensive analysis of foremost segments, trends, drivers, restraints, competitive landscape, and aspects that are playing a significant role in the market.
Immersive technologies are attractive communication, collaboration, and edifice stronger engagements with students & employees. Such assistances have encouraged service providers to focus on instigating these services and help universities & businesses in enlightening the learning experience. The effective growth in advances in technological infrastructure, augmenting adoption of video instructor-led training approaches, and massive increment in investment from major organizations around the world are projected to fuel the growth of the market over the review period.
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