The e-learning market in Europe is poised to grow by USD 28.36 billion between 2020-2024, progressing at a CAGR of over 13% during the forecast period.
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The vendors can capitalize on upcoming trends and drivers to support prompt business decisions. In this e-learning market analysis report, key driver such as growing emphasis on personalized learning is discussed which will offer immense business opportunities. Moreover, the vendors can also obtain growth opportunities in the future by recreating their plan of action with these insights.
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53% of the market’s growth will originate from the Rest of Europe during the forecast period. This region will provide enough growth opportunities to market vendors during the forecast period while remaining the largest market share in the e-learning market.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
Know About the Key Opportunities and Growth of E-learning Market in Europe in Education Services Industry
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The e-learning market in Europe is segmented by product (Packaged content and Solutions), end-user (Higher education, Corporate, and K-12), and geography (the UK, Germany, and Rest of Europe).
The e-learning market is fragmented and the vendors are deploying various growth strategies to compete in the market.
Key Market Dynamics:
Market Drivers
- Availability of subject proficiency assessments and certifications
- Growing emphasis on personalized learning
- Rise in adoption of digital platform-enabled education
Market Challenges
- High development cost associated with e-learning courses
- Compliance costs associated with stringent user privacy regulations
- Credibility issues with regard to e-learning offerings
Companies Mentioned
- Adobe Inc.
- Articulate Global Inc.
- Cengage Learning Holdings II Inc.
- Cisco Systems Inc.
- City & Guilds Group
- Instructure Inc.
- John Wiley & Sons Inc.
- Pearson Plc
- Providence Equity Partners LLC
- Skillsoft Ltd.
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Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by End-user
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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Report: https://www.technavio.com/report/e-learning-market-size-in-europe-industry-analysis
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