APAC to Register Robust Growth in Online Learning Platforms Market During Forecast Period
Increasing internet
penetration coupled with growing number of smartphone users to drive the growth
of global online learning platforms market
According to
TechSci Research report, “Global Online
Learning Platforms Market By Type (Academic, Corporate, Government), By
Deployment Mode (On-Premise v/s Cloud), By Vendor (Content Provider v/s Service
Provider), By Learning Mode (Self-paced v/s Instructor-led), By Learning Type
(Synchronous v/s Asynchronous), By Technology (Mobile E-learning, Learning
Management System, Application Simulation Tool, Rapid E-learning, Podcasts,
Virtual Classroom, Others), By End User (Individual, Higher Education Institutions,
K-12 Schools, Enterprises, Others), By Region, Forecast & Opportunities,
2025”, the global online learning platforms market is
expected to witness significant growth during the forecast period on account of
the increasing demand for adaptive learning. Additionally, increasing
expenditure and initiatives by various governments around the world to support
online education is further expected to propel the growth of market during the
next few years. Furthermore, growing preference among the working professionals
for continuous learning to scale up more career opportunities and growth in
number of smartphone users is anticipated to foster the growth of market during
forecast period. However, lack of awareness especially in the developing world pertaining
to online learning platforms is expected to hamper the growth of market during
the next few years. Additionally, slow internet and poor network connection can
hinder the growth of market until 2025. Furthermore, lack of peer to peer
interaction can restrict the growth of market during the forecast period.
The global
online learning platforms market is segmented based on type, deployment mode,
vendor, learning mode, learning type, technology, end user, company and region.
Based on type, the market can be categorized into academic, corporate and
government. The academic segment is expected to dominate the market during
forecast period. This can be attributed to the increasing tuition fees and
growing interest rates on education loans which is shifting the trend towards
online education. On the contrary, the corporate segment is expected to witness
significant growth during the forecast period owing to the regular need to up
skill and provide industry relevant training to the staff and employees
therefore the corporates opt for various online learning platforms. Based on
vendor, the market can be bifurcated into content provider and service
provider. The content provider segment is expected to dominate the market over
the next few years owing to the increasing demand for course materials to train
or educate employees or students. Based on learning mode, the market can be
divided into self-paced and instructor-led. The self-paced segment is expected
to dominate the market during forecast period. This can be ascribed to the growing
awareness among work professionals to enhance skill-based proficiency. Based on
technology, the market can be fragmented into mobile E-learning, learning
management system, application simulation tool, rapid e-learning, podcasts,
virtual classroom and others. The learning management system segment is
expected to dominate the market since it reduces the training expenses and
offers integrated training and learning modules to the end users. The mobile
E-learning segment is expected to grow during the forecast years on account of
the increasing internet penetration and decline in device and internet cost. Based
on end users, the market can be categorized into individual, higher education
institutions, K-12 schools, enterprises and others. The enterprises segment
holds a significant market share owing to the high adoption of online learning due
to the increased demand for effective training courses for employees. The
higher education institutions segment is expected to dominate the market over
the next few years attributable to the availability of many universities
offering post-graduate and certification courses online.
Cisco
Systems Inc, Oracle Corporation, Microsoft Corporation, Adobe Systems Inc., SAP
SE, Allen Interactions Inc., Apollo Education Group, Aptara, Inc., Articulate,
CERTPOINT Systems Inc., Citrix Education, City & Guilds Group, Cornerstone,
D2L Corporation, Intuition Publishing, Kallidus Ltd, Learning Pool, Meridian Knowledge
Solutions, Saba Software, Skillsoft and others are some of the leading players
operating in global online learning platforms market. The companies operating
in the market are using organic strategies such as product launches, mergers
and collaborations to boost their share.
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“Asia-Pacific is expected
to witness significant growth in the online learning platforms market during
the forecast period, owing to the increasing internet penetration and
increasing per capita income in the region. Also, increasing investments by key
players in the region is further anticipated to spur the market in APAC.” said Mr. Karan
Chechi, Research Director with TechSci Research, a research based global
management consulting firm.
“Global Online Learning Platforms Market By
Type (Academic, Corporate, Government), By Deployment Mode (On-Premise v/s
Cloud), By Vendor (Content Provider v/s Service Provider), By Learning Mode
(Self-paced v/s Instructor-led), By Learning Type (Synchronous v/s Asynchronous),
By Technology (Mobile E-learning, Learning Management System, Application
Simulation Tool, Rapid E-learning, Podcasts, Virtual Classroom, Others), By End
User (Individual, Higher Education Institutions, K-12 Schools, Enterprises,
Others), By Region, Forecast & Opportunities, 2025”, has evaluated the future growth potential of global online
learning platforms market and provides statistics & information on market
size, structure and future market growth. The report intends to provide
cutting-edge market intelligence and help decision makers take sound investment
decisions. Besides, the report also identifies and analyzes the emerging trends
along with essential drivers, challenges and opportunities in global online
learning platforms market.
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