North America and Europe to Continue Dominance in Online Learning Platforms through 2025
Increasing internet
penetration coupled with growing number of smartphone users to drive global
online learning platforms market
According to
TechSci Research report, “Global Online Learning
Platforms Market By Type, By Deployment Mode, By Vendor, By Learning
Mode, By Learning Type, By Technology, By End User, By Region, Competition,
Forecast & Opportunities, 2025”, the global online learning platforms market is
projected to growth at a CAGR of 11% during 2020 – 2025 on account of increasing
demand for adaptive learning, globally. Additionally, increasing expenditure
and initiatives by various governments around the globe to support online
education is further expected to propel the growth of market during the next
few years. Growing preference among the working professionals for continuous
learning to scale up career opportunities coupled with growing number of
smartphone users is anticipated to boost market growth during the forecast
period. However, lack of awareness, especially in the developing economies, pertaining
to online learning platforms is expected to hamper the growth of market over
the next five years. Additionally, slow internet and poor network connectivity can
hinder the growth of market. Furthermore, lack of peer to peer interaction can
restrict the growth of market during the forecast period.
Browse 254 market data Figures spread through 140 Pages and an in-depth TOC on "Global Online
Learning Platforms Market"
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The global online
learning platforms market is segmented based on type, deployment mode, vendor,
learning mode, learning type, technology, end user, and region. Based on type,
the market can be categorized into academic, corporate and government. The corporate
segment grabbed the largest market share in 2019 and is expected to continue
dominating the market during the forecast period owing to the regular need to
upskill and provide industry relevant training to the employees, which results
in the corporates opting for various online learning platforms.
Based on learning
mode, the market can be divided into self-paced and Instructor-led. The
Instructor-led segment is expected to dominate the global online learning
platforms market during forecast period due to 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, and virtual classroom.
In the coming years, the virtual classroom segment is expected to witness
robust growth since it reduces the training expenses and offers integrated
training and learning modules to the end users. The mobile E-learning segment
is also growing at a strong pace on account of increasing internet penetration
and decline in device and internet cost.
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“North America
and Europe are expected to continue their dominance in the global online
learning platform market over the next five years. However, Asia-Pacific would witness
the faster growth during the forecast period, owing to the increasing internet
penetration and rising per capita income in the region. Also, increasing
investments by key players in the region are further anticipated to spur the
market growth in APAC through 2025.” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Global Online Learning Platforms Market By
Type, By Deployment Mode, By Vendor, By Learning Mode, By Learning Type, By
Technology, By End User, By Region, Competition, 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 the global online learning platforms market.
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