Academic E-Learning Market Scope
Academic E-Learning enabled to utilize electronic technologies to access educational curriculum outside of a traditional classroom. It refers to provide to a course, program or degree delivered completely online for academic purpose. It is a type of online learning can enhance a student's academic performance. The access to academic courses and lectures anytime and anywhere has majorly increased the demand for academic e-learning market.
According to AMA, the Global Academic E-Learning market is expected to see growth rate of 11.25%The academic e-learning sector is characterized by a highly competitive landscape, with numerous players vying for market dominance. These companies offer a wide range of digital solutions and platforms tailored specifically for educational institutions and learners. Their offerings encompass various aspects of e-learning, including online course delivery, virtual classrooms, interactive learning materials, assessment tools, and learning management systems. With the increasing adoption of technology in education, the academic e-learning market continues to evolve and expand, with players constantly striving to provide innovative solutions and stay ahead of the competition. Research Analyst at AMA estimates that United States, European, and Chinese Players will contribute to the maximum growth of Global Academic E-Learning market throughout the predicted period.
D2L Corp. (Canada), Instructure Inc. (United States), MPS Ltd. (India), New Oriental Education and Technology Group Inc. (China), NIIT Ltd. (India), Pearson Plc (United Kingdom), Providence Equity Partners LLC (United States), TAL Education Group (China), Think & Learn Pvt. Ltd. (India), Berlitz Corporation (Japan), Blackboard Inc.(United States), EF Education First (Switzerland), Instructure, Inc. (United States) and Vipkid (China) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Sanako Corporation (Finland), Inlingua International (Switzerland) and 51talk (China).
Segmentation Overview
The study have segmented the market of Global Academic E-Learning market by Type (Software and Service), by Application (K-12 and Higher Education) and Region with country level break-up.
On the basis of geography, the market of Academic E-Learning has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rising Millennial Inclination Towards Digital Learning
Market Growth Drivers:
Growing Internet Penetration and Digitization, Increasing Adoption from K-12 End Users and Flexibility of Learning from Remote Places
Challenges:
High Development Cost Associated with Academic E-Learning Courses
Restraints:
Cheating Prevention in Academic E-Learning Assessments is Complicated
Opportunities:
Increasing Academic E-Learning Enrollments in the Higher Education Sector and Adoption of E-learning in Emerging Countries such as India and China
Market Leaders and their Expansionary Development Strategies
In March 2022, Cognigix is a provider of tailored digital learning solutions, leveraging a distinctive combination of learning design, technology, and visual communication. Cognigix made an announcement regarding its merger with Skilldom, a company with over 15 years of expertise in the eLearning industry. This merger specifically involves the integration of Skilldom's Custom eLearning Services division with Cognigix's operations.
In June 2023, MongoDB, Inc. unveiled several education partnerships and initiatives aimed at equipping and empowering aspiring developers worldwide through education, while also addressing the growing software development skills gap. To extend the reach of their training programs, MongoDB has formed distribution partnerships with Coursera and LinkedIn Learning, both of which boast expansive networks of learners worldwide. Additionally, in a bid to promote inclusivity, MongoDB has joined forces with organizations such as Women Who Code, MyTechDev, and Lesbians Who Tech & Allies to offer 700 developers from underrepresented groups the opportunity to obtain a free certification with MongoDB Atlas.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Academic E-Learning Provider, Cloud Service Provider, Venture Capitalists and Private Equity Firms and Government Regulatory and Research Organizations
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.