According to the latest report by IMARC Group, titled "Europe E-Learning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the Europe e-learning market is expected to exhibit a CAGR of 12.7% during 2022-2027. E-learning, or electronic learning, is a learning system that involves the utilization of electronic devices and information and communication technology (ICT) in order to deliver information in the form of video, audio, text and images. It is a modern learning concept that is employed to distribute education through devices and digital technologies. It provides an interactive environment for flexible learning solutions with specifically designed courses and quality lectures. The deployment of e-learning solutions enables educational institutes to reach a wider audience across the education, agriculture, healthcare, and training sectors. Moreover, it is also preferred by corporates for conducting training programs and several collaborative activities.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Europe E-Learning Market Trends:
The market in Europe is majorly driven by the increasing preference for digitally interactive learning solutions across the education sector. Along with the presence of well-established education infrastructure across the region, this is providing an impetus to the adoption of e-learning solutions. This is further supported by the rising preference for personalized courses and customized learning tools among students. Moreover, numerous organizations across the corporate sector are offering a vast range of e-learning tools and modules, including gamification, for employee training programs. Coupled with the improving internet connectivity across the region and the penetration of IoT-based smart devices, this is creating a positive outlook for the market. Furthermore, the rapid outbreak of the coronavirus disease (COVID-19) in the region has contributed to the widespread popularity of e-learning solutions as a preventive measure to contain the spread of the pandemic. Some of the other factors propelling the market growth include the widespread integration of assistive e-learning solutions with speech recognition and the rising deployment of artificial intelligence (AI) for providing efficient e-learning solutions.
- On the basis of the technology, the market has been divided into online e-learning, learning management system, mobile e-learning, rapid e-learning, virtual classroom, and others.
- Based on the provider, the market has been bifurcated into services and content.
- On the basis of the application, the market has been classified into academic (K-12, higher education and vocational training), corporate (small and medium enterprises and large enterprises) and government.
- On the geographical front, the market has been segregated into Germany, France, the United Kingdom, Italy, Spain, and others.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players.
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