Market Trends on ELearning

01 Oct 2016

With advent of technology and increasing cost of human capital, elearning has been growing at massive pace across regions. Had an opportunity to attend a seminar on the market trends on eLearning and so thought of sharing some key data points

  1.  The system of Training management -- often referred to as a learning management system (LMS) -- is a key element of an effective professional development plan

  2. The worldwide market for Self-Paced E-Learning reached $35.6 billion in 2011. The five-year compound annual growth rate is estimated at around 7.6% so revenues should reach some $51.5 billion by 2011

  3. According to recent regional studies, the highest growth rate is in Asia at 17.3%, followed by Eastern Europe, Africa, and Latin America at 16.9%, 15.2%, and 14.6%, respectively 

  4. The LMS market was expected to reach $1.9 billion in 2013. However the growth exceeded expectations, closing the year at $2.55 billion.

  5. Tablets will increase from 11.8% in 2013 to 16.5% by 2017, and smartphones will increase from 59.5% to 70.5%. 

  6. K-12 and post-secondary are two key sectors of the educational market 

  7. Asia has the world’s highest regional growth rate for E-Learning, of 17.3%. 

  8. Oman is the top performer in E-Learning terms for the rankings that cover the Middle East. Oman has the highest growth rate in the region at 19.6%, followed by Lebanon (16.0%), Turkey (12.9%), Kuwait (12.6%) and Qatar (11.3%). 

  9. The top four cloud computing- related projects on which enterprises are currently working are: Internal Private Cloud (35%), Cloud Provider Assessments/Strategy Planning (33%), Infrastructure-as-a- Service (IaaS) (31%) and SaaS (30%) 

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