E-Learning Service Market Report: Trends, Forecast and Competitive Analysis to 2030

E-Learning Service Trends and Forecast

The future of the global e-learning service market looks promising with opportunities in the academic, corporate, and government markets. The global e-learning service market is expected to reach an estimated $517.5 billion by 2030 with a CAGR of 15.6% from 2024 to 2030. The major drivers for this market are growing demand for upskilling and reskilling, favourable government initiatives, and technological advancements.

A more than 150-page report is developed to help in your business decisions.

E-Learning Service by Segment

The study includes a forecast for the global e-learning services by type, courses , technology, end use, and region.

E-Learning Service Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Custom E-Learning
• Responsive E-Learning
• Micro E-Learning
• Translation & Localization
• Game-Based Learning
• Rapid E-Learning

E-Learning Service Market by Courses [Shipment Analysis by Value from 2018 to 2030]:

• Self-Paced Courses
• Instructor-LED Virtual Courses

E-Learning Service Market by Technology [Shipment Analysis by Value from 2018 to 2030]:

• Artificial Intelligence
• Augmented Reality & Virtual Reality
• Big Data
• Cloud Computing

E-Learning Service Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

• Academic
• Corporate
• Government
• Others

E-Learning Service Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of E-Learning Service Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies e-learning services companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the e-learning services companies profiled in this report include-

• Mcgraw Hill
• SAP
• IBM
• Upgrad Education
• NIIT

E-Learning Service Market Insights

Lucintel forecasts that custom e-learning will remain the largest segment over the forecast period as it delivers tailored educational content and experiences through digital platforms.

Within this market, academic will remain the largest segment as e-learninh helps in delivering education with a creative and technologically savvy approach.

North America will remain the largest region over the forecast period due to the growing requirement for e-learning services to meet with the growing usage of digital technology in training and education.

Features of the Global E-Learning Service Market

Market Size Estimates: E-learning services market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: E-learning services market size by various segments, such as by type, courses , technology, end use, and region in terms of value ($B).

Regional Analysis: E-learning services market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, courses , technologies, end uses, and regions for the e-learning service market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the e-learning service market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the e-learning service market size?

Answer: The global e-learning service market is expected to reach an estimated $517.5 billion by 2030

Q2. What is the growth foreacst for e-learning service market?

Answer: The global e-learning service market is expected to grow with a CAGR of 15.6% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the e-learning service market?

Answer: The major drivers for this market are growing demand for upskilling and reskilling, favourable government initiatives and technological advancements.

Q4. What are the major segments for e-learning service market?

Answer: The future of the e-learning service market looks promising with opportunities in the academic, corporate, and government markets.

Q5. Who are the key e-learning service market companies?

Answer: Some of the key e-learning services companies are as follows.

• Mcgraw Hill
• SAP
• IBM
• Upgrad Education
• NIIT

Q6. Which e-learning service market segment will be the largest in future?

Answer: Lucintel forecasts that custom e-learning will remain the largest segment over the forecast period as it delivers tailored educational content and experiences through digital platforms.

Q7. In e-learning service market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region over the forecast period due to the growing requirement for e-learning services to meet with the growing usage of digital technology in training and education.

Q8. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the e-learning service market by type (custom e-learning, responsive e-learning, micro e-learning, translation & localization, game-based learning, and rapid e-learning), courses (self-paced courses and instructor-led virtual courses), technology (artificial intelligence, augmented reality & virtual reality, big data, and cloud computing), end use (academic, corporate, government, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?