Report ID: SQMIG45A2101
Report ID:
SQMIG45A2101 |
Region:
Global |
Published Date: August, 2024
Pages:
197
|
Tables:
144 |
Figures:
80
With a CAGR of 10.3% expected by 2030, North America is expected to continue to lead the regional market. A high level of knowledge of their advantages over traditional offline learning models, superior technological infrastructure, and a wide range of innovative learning and training solutions are what are driving the demand for eLearning from the institutional segment in the region. The same is further supported by technologically savvy companies that demand advanced levels of linguistic competence, as well as functional and vocational knowledge, and soft skills. North America's market growth is mostly influenced by the US's high demand for eLearning solutions.
The worldwide eLearning market is expanding most quickly in Asia-Pacific. A CAGR of 17.1% is predicted for growth between now and 2030. It is expected that the fast urbanization and rising smartphone penetration will have an effect on the APAC eLearning market. The likelihood that users will utilize these devices to access educational information and learning materials rises as a result, providing vendors with a larger potential user base to pursue.
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Report ID: SQMIG45A2101