17 Mar
2022
With immense improvement of digital technologies, e-learning has rapidly become the prominent means in the education sector. It helps share knowledge to students through electronic modes such as e-books, audio, videos, AR/VR or any other electronic mode.
Following are few trends that decides the future of e-learning and its importance –
According to a report published by Allied Market Research, the global e-learning market size is anticipated to reach $840.11 billion with a significant CAGR from 2021 to 2030. The North America is currently holding the highest market share, owing to surge in competition among service providers in the region. The Asia-Pacific region, on the other hand, is witnessing significant growth due to rise in usage of digital learning services and adoption of cloud based smart learn solution in 2020.
Furthermore, the outbreak of the COVID-19 pandemic led to boost the demand for e-learning even more. Owing to temporary shutdown of all schools, colleges, and universities, the education system shifted to online mode, which in turn, has increased the adoption of digital technologies across the globe. Rise in government support for enhancing e-learning platform acted as a major driving factor for the growth of the global e-learning market across every regions during the pandemic. Here, it can be stated that the e-learning method has come a long way and it is going to stay in the post pandemic era also. This factor is expected to gather huge growth prospects for the global e-learning market in the near future
Koyel Ghosh
Authors Bio- Koyel Ghosh is a blogger with a strong passion and enjoys writing in miscellaneous domains, as she believes it lets her explore a wide variety of niches. She has an innate interest in creativity and enjoys experimenting with different writing styles. A writer who never stops imagining, she has been serving the corporate industry for the last five years.
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