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Top Players in the E-Learning Industry

The global e-learning market size reached US$ 222.2 Billion in 2020. As per the analysis by IMARC Group, the top e-learning companies are focusing on integrating assistive e-learning solutions with speech recognition and sensing technologies. In the coming years, the introduction of innovative learning systems with numerous advanced technologies, such as artificial intelligence (AI), virtual reality (VR), and augmented reality (AR), will continue to drive the market growth. Besides this, many foreign companies are partnering with market players in the GCC, Asia, and Africa to localize their products and deliver better content to meet the increased demand of consumers. For instance, Microsoft established an academy named “4Afrika Academy,” which fosters African children and youth to learn new courses that are available online. Similarly, the company has joined forces with partners like C-Telecoms, COMM-IT, Sahara Net and Al-Mayssan Technical Services to provide academic institutions in Saudi Arabia a free half-day training in its “Teams” technology. Furthermore, the coronavirus disease (COVID-19) pandemic has pushed many companies in the United States and Europe to opt for e-learning platforms for providing corporate training to employees. Looking forward, the market is further anticipated to grow at a CAGR of 12.7% during 2021-2026.

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List of Top E-Learning Companies Worldwide: 

 

Adobe Inc.

Establishment: 1982
Headquarter: San Jose, United States

Adobe Inc. makes software that helps customers create, distribute, and manage digital content from the cloud. The company has been known for brands such as Acrobat, Photoshop, and Marketing Cloud. Adobe serves customers such as content creators and web application developers with its digital media products and marketers, advertisers, publishers, and others with its digital marketing business. Adobe's business is organized into three segments: digital media, digital experience, and publishing. Its digital media segment accounts for about 70% of revenue, including Photoshop and Illustrator under the umbrella of the Adobe Creative Cloud, a subscription service. The digital experience segment includes tools like Adobe Advertising Cloud, Adobe Analytics Cloud, etc., for creating, managing, and measuring digital advertising and marketing initiatives. The publishing unit includes legacy products and services that address diverse market opportunities, including eLearning solutions, technical document publishing, web conferencing, document and forms platform, web application development, and high-end printing. In August 2020, Adobe India and NASSCOM FutureSkills jointly announced the launch of the UX foundation program recognized by Sector Skills Council, NASSCOM, to bridge the gap between industry and academia.

Aptara Inc. (iEnergizer)

Establishment: 1988
Headquarter: Falls Church, United States

Aptara Inc. is a subsidiary of London-traded iEnergizer Limited that provides publishing technology for various media formats, including online, print, databases, wireless devices, and electronic readers. In addition to offering content capture, digitization, and distribution, the company also sells conversion software. It also provides digital, financial, educational, and journal publishing services and editing, proofreading, and project management services. The company's products and services are divided into five segments. Its e-books and apps segment focuses on mobile and e-reader content, while the e-learning unit offers web, computer, and smart-phone based training services. In addition, Aptara has a segment devoted solely to legal content and provides content technology consulting and publishing services that cover the entire content lifecycle - from creation to delivery. It operates globally and serves more than 500 customers worldwide, including educational, financial, technology, legal, and healthcare industries. Its clients include Amazon.com, Cisco, Houghton Mifflin, Merck, Microsoft, Reader’s Digest, and Wolters Kluwer. In addition to the United States, Aptara has offices in Australia, India, and the UK.

Blackboard Inc.

Establishment: 1997
Headquarter: Washington, DC

Blackboard Inc. is an education software provider firm owned by Providence Equity Partners Inc, a private investment firm. The company associates with around 100 million administrators, teachers, students, and parents across the world. The company deals in developing software for online learning programs in schools and communities. It serves higher education, K-12, business, and government clients around the world. The company has 22 branches spread over ten countries of Asia-Pacific, the Middle East, and Africa, Europe, Latin America, with about 1,934 employees globally. It provides applications like web-based virtual classrooms, web-based assignments, class websites, and online collaboration with classmates. In 2020, Blackboard Inc. launched blackboard retention coaching powered by predictive data and equipped higher education institutions with the data, insights, and expertise necessary to help students. In August 2020, the company announced the blackboard Ally accessibility solution in Arabic to serve educators, institutions, and learners. In April 2020, Blackboard Launched Blackboard Unite for K-12 to Enable Holistic Remote Learning Across K-12 Districts to move rapidly to a new teaching and learning model that meets the unique needs in light of COVID-19 contingency planning.

Cisco Systems Inc.

Establishment: 1984
Headquarter: San Jose, California, United States

Cisco Systems, Inc. is an American multinational technology conglomerate that develops, manufactures, and sells networking hardware, software, telecommunications equipment, and other high-technology services and products. The company also makes security devices, internet conferencing systems, and other networking equipment for businesses and government agencies. Cisco's primary customers are large enterprises and telecommunications service providers, but it also sells products designed for small businesses and the public sector. As of the end of fiscal 2019, its sales and marketing functions consisted of approximately 26,200 employees with field sales offices in 97 countries. In 2019, Cisco introduced Cognitive Collaboration, integrating AI and machine learning across the Webex portfolio, bringing intelligence and context to help customers work smarter and increase productivity. The company also has invested in Cisco Networking Academy, which allows countries to meet industry demand for a digitally skilled workforce by providing a comprehensive learning experience. As of 2019, 2.15 million students in 180 countries have participated in the Cisco Networking Academy. The company also acquired the Fluidmesh network as its technology extends Cisco's Industrial IoT wireless offerings and provides high-bandwidth, low-latency for on-the-move assets and mission-critical applications.

GP Strategies Corporation

Establishment: 1966
Headquarter: Maryland, United States

GP Strategies Corporation is a global provider that delivers customized solutions and assistance to the management of private, non-profit, and public organizations. It deals in activities like strategic and organizational planning, financial planning and marketing objectives. The company also serves the aerospace, government, oil and gas, manufacturing, and retail sectors. The company is expanded to a network of around 70 branches spread over 30 countries with 5,000 employees globally. In 2018, the company acquired TTi Global, which provides training, staffing, research and consulting solutions to industries across various sectors. It also acquired IC Axon, which develops science-driven custom learning solutions for pharmaceutical and life science customers. In 2017, GP Strategies Corporation acquired certain assets and the business of Emantras, an innovative digital education company that provides engaging learning experiences and effective knowledge delivery through award-winning digital and mobile solutions. This acquisition has strengthened GP Strategies’ eLearning development capabilities, allowing it to better serve its customer base with the latest digital learning solutions.

Instructure Inc. (Thoma Bravo, LLC)

Establishment: 2008
Headquarter: Salt Lake City, United States

Instructure Inc. is a technology company owned by Thoma Bravo. It is the developer and publisher of Canvas, a Web-based learning management system, and Canvas Network, a massive open online course (MOOC) platform. The company is engaged in the design, development, and production of prepackaged computer software. The company also deals with software documentation preparation and serves K-12, Higher education, and the business sector. The company’s product canvas has 30 million users worldwide, while its online canvas community has 500,000 users. The company has offices located in London, Sydney, Sau Paulo, and Budapest. On 18 August 2020, the company collaborated with extensive cloud computing resources educators, Amazon Web Services, Inc. (AWS), which helped students to prepare for cloud computing, infrastructure and amazon web services. In 2020, Instructure also collaborated with Adobe that provided immense creativity and imagination opportunity to students with the help of the Canvas Learning Management System.

Oracle Corporation

Establishment: 1977
Headquarter: Austin, Texas, United States

Oracle Corporation is founded by Larry Ellison and provides products and services that address enterprise information technology (IT) environments. The enterprise software offers a range of cloud-based applications and platforms and hardware and services for companies to improve their processes. Oracle's applications are centered on enterprise resource planning, data management, collaboration, content and experience, business analytics, IT operations management, security, and emerging technologies. In recent years, Oracle has aggressively expanded through acquisitions that have helped build its cloud offerings. The company's mainstay product has been Oracle Database, one of the most popular corporate database offerings. More than half of its revenue comes from international customers. In September 2020, Oracle announced the availability of Java 15 (Oracle JDK 15) used by over 69 percent of full-time developers worldwide. The latest Java Development Kit (JDK) delivers new functionality, including Edwards-Curve Digital Signature Algorithm (JEP 339) and Hidden Classes (JEP 371), as well as Text Blocks (JEP 378) and ZGC (JEP 377).

Pearson Plc

Establishment: 1844
Headquarter: London, United Kingdom

Pearson is a British multinational educational publisher of textbooks and related material. It provides learning material, assessment, and digital services to schools, colleges, and universities, in addition to professional and vocational education. The company has operations in around 70 countries globally and generates nearly two-thirds of its revenue in the US from the college education system, and the UK accounts for about 10% of sales. The Asia-Pacific region accounts for more than 10%. The company's Courseware segment accounts for around half of the sales, assessments and generates 30% of sales, and services nearly 20%. Its courseware brands include Revel, MyLab & Mastering, Pearson ELT, and Bug Club. In the UK, Pearson operates exam board Edexcel, which offers internationally recognized GCSEs and A-Levels and is the country's only privately owned exam board. Pearson's recently has moved away from other publishing branches, such as literature, to focus on education solely. The company has sold its remaining stake in Penguin Random House, one of the world's major publishing houses, to German conglomerate Bertelsmann in 2020. In November 2019, the company launched Aida, the world's first AI inspired calculus app, to help math students across the globe to apply calculus into the real world. In July 2019, Pearson announced the release of the Pearson Revel Skill for Amazon Alexa.

SAP SE

Establishment: 1972
Headquarter: Weinheim, Germany

SAP SE is a German-based multinational software corporation that makes enterprise software to manage business operations and customer relations. The company is especially known for its ERP software. Its enterprise resource planning software integrates back-office functions such as analytics, accounting, distribution and human resources and comes in on-premises and cloud-linked forms. While the sale and servicing of its legacy on-premises offering brings in the majority of the company's revenue, SAP is going all-in on cloud computing and software-as-a-service with its flagship application suite S/4HANA as an alternative to its legacy SAP Business Suite. Besides enterprise software, SAP Concur provides expenses management, and SAP Fieldglass provides external workforce management. The company serves more than 440,000 customers in 25 industries in more than 180 countries. In 2019, SAP acquired Qualtrics for $7.1 billion, the second-largest acquisition after Concur.

Skillsoft Corporation

Establishment: 1998
Headquarter: New Hampshire, United States

Skillsoft is an American educational technology company, subsidiary of Skillsoft Limited. The company provides cloud-based training courses and software for business and information technology (IT) professionals. It offers more than 7,000 courses and 65,000 videos on business, compliance, safety, and technology. The firm's SkillPort software manages corporate e-learning programs, and its SkillSoft Dialogue portal helps clients create custom learning sessions. The company also offers online mentoring for more than 100 IT certification exams, and its Books 24x7 allows customers to search more than 46,000 professional reference reports and books online. SkillSoft is ultimately owned by investment firm Charterhouse Capital Partners. The company serves customers in more than 160 countries in the Americas, the Asia/Pacific, and the EMEA region (Europe, Middle East, and Africa). SkillSoft has trained over 400 million users and distributes one billion learning materials in 29 different languages, including English, Korean, Japanese, Mandarin, and Cantonese. The company's learning products include digital books, simulation programs, videos, content development tools, and a learning management system. Some of its offerings are provided through information technology partnerships with companies including Cisco, Oracle, and CompTIA. In 2015, the company acquired Vodeclic, a digital video tools provider for job and software training that enhanced SkillSoft's library of courses and videos.

Thomson Reuters Corporation (The Woodbridge Company)

Establishment: 1997
Headquarter: Toronto, Canada

Thomson Reuters Corporation is a subsidiary of the Woodbridge Company. Thomson Reuters is the provider of answers, helping professionals to make confident decisions and run better businesses. Its customers operate in complex arenas, including law, tax, compliance, government, professional service firms, corporations and media and face increasing complexity as regulation and technology disrupt every industry. In 2017, the company announced a suite of e-learning courses to help the financial industry meet MiFID II compliance obligations. These training courses are designed to give organizations a clear, concise understanding of the regulatory framework mandated by the European Securities & Markets Authority (ESMA).

 

About IMARC Group: IMARC Group is a leading market research and consulting company that offers management strategy and market research worldwide. The company has done multiple projects on the e-learning industry, which has enabled clients to set up and expand their businesses successfully. Some of the company’s offerings include:

  • Market Research
  • Plant setup
  • Plant Expansion
  • Marketing and sales
  • Procurement and Distribution
  • Innovation and Product Development