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The global e-learning market was valued at US$ 222.2 Billion in 2020.
We expect the global e-learning market to exhibit a CAGR of 12.7% during 2021-2026.
The increasing penetration of wireless communication technologies, coupled with the extensive utilization of online training programs in the corporate sector, represent some of the factors catalyzing the global e-learning market.
The sudden outbreak of the COVID-19 pandemic has led to a significant shift from conventional brick-and-mortar institutes towards e-learning solutions to complete the curriculum during lockdown scenarios across several nations.
Based on the provider, the global e-learning market has been segmented into content and services. Currently, content holds the majority of the total market share.
Based on the application, the global e-learning market can be divided into academic, corporate, and government. Among these, the academic segment, including K-12, higher education, and vocational training, currently exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global e-learning market include Adobe Inc., Aptara Inc. (iEnergizer), Blackboard Inc., Cisco Systems Inc., GP Strategies Corporation, Instructure Inc. (Thoma Bravo), Oracle Corporation, Pearson Plc, SAP SE, Skillsoft Corporation, and Thomson Reuters Corporation (The Woodbridge Company).
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