Academic e-learning Market to Hit USD 855.11 billion by 2030 – Price Trends, Growth Opportunities, Regional Overview, Strategic Initiatives and Business Opportunities - Adroit Market Research
APAC to lead the largest Academic e-learning market share due to aspects such as increasing acceptance to e-learning, better fulfillment of the learning desires, e-learning becoming more suitable for autonomous students among others.
Dallas,Texas, Sept. 16, 2022 (GLOBE NEWSWIRE) -- Academic e-learning help perceive better learning experience without the necessity of controlling a lot of variables such as socio-economic status, language competence. Academic e-learning offers better educational outcomes. The Global Academic E-learning Market is expected to reach close to USD 855.11 billion by 2030, with a CAGR of 17.7% through the forecast period 2022-2030.
Despite highly being valued in developing and developed nations and wider popularity, there are certain limitations hampering the global academic e-learning market. Student performance remains one single problem due to lack of self-awareness, inappropriate direction, complex ideas and information making it complicated for students to understand, lack of skill development, low level technological skills, insignificant technological infrastructure is limiting the growth of global academic e-learning market.
The factors such as growing internet usage, delivery in the form of learning courses, rising integration of learning management systems, and academic e-learning enabling better interaction and learning is driving the global academic e-learning market. The advantages such as convenience, cost and selection, flexibility enabling easy and quick update is leading to rapid adoption of academic e-learning market.
The global academic e-learning market is classified into higher education and K-12 on the basis of end user. Among these, the higher education segment experienced more demand and adoption of academic e-learning.
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Global Academic E-learning Market Scope:
| Metrics | Details |
| Study Period | 2019-2030 |
| Market Size in 2030 | USD 855.11 Billion |
| Segment Covered | by Type, Course, BY Region, |
| by Type Covered | Content and service |
| Course Covered | primary and secondary education, higher education, online certification and professional course, test preparation |
| Regions Covered | North America, Europe, Asia Pacific, Middle East, and Africa and South America |
| Key Players Profiled | Aptara Inc., Articulate Worldwide, LLC, CERTPOINT, Citrix Systems, Inc., D2L Corporation, Cisco Systems, Inc., Microsoft Corporation, Adobe, Oracle Corporation, and SAP SE |
On the other hand, easing covid-19 led lockdown restrictions, reduced impact of virus leading to subsequent economic recovery, and consumers regaining confidence increasing the market scope. It is creating a positive market environment and trend of specialty coffee consumption anticipated to be a growth opportunity to the global specialty coffee market.