Europe's E-Learning Market Soars with $91.08 Billion Projection by 2028, Fueled by High Smartphone Penetration

Dublin, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The "Europe E-Learning Market - Focused Insights 2023-2028" report has been added to ResearchAndMarkets.com's offering.

The Europe e-learning market is on a robust growth trajectory, with expectations to reach $91.08 billion by 2028, showing a remarkable CAGR of 13.6% from 2022. Several key factors are contributing to this significant growth, making Europe a hub for e-learning adoption and innovation.

Key Highlights:

1. High Smartphone Penetration: Europe's high smartphone penetration and rapid urbanization are enabling people to access learning materials and educational content easily. This accessibility is expanding the potential customer base for e-learning vendors.
2. Topic Competence Examinations and Certificates: The availability of topic competence examinations and certificates is driving the e-learning business in Europe. Learners can assess their competency levels, revisit weak areas, and earn certifications, enhancing their future employment prospects.
3. Interest in Paid E-Learning Subscriptions: European consumers, including government and corporate segments, are keen on adopting paid e-learning subscriptions. They actively engage in training and testing to boost employee productivity, creating revenue opportunities for e-learning vendors.
4. Value-Oriented Education Market: Europe values education and seeks ways to optimize budgets without compromising quality. Consumers explore both traditional and online platforms, driving demand for e-learning courses, even in Central and Eastern Europe.
5. Challenges in Development Costs: The European e-learning industry faces challenges due to high development costs associated with e-learning courses. The cost varies based on instructional design methodology and target learner groups, limiting market growth.

As Europe continues to embrace e-learning and adapt to changing educational landscapes, the e-learning market in the region is poised for significant expansion.

SEGMENTATION & FORECAST

• Delivery Mode (Revenue)
• Packaged Content
• Learning Management System (LMS)
• Others
• Learning Mode (Revenue)
• Self-paced
• Instructor-led
• Function (Revenue)
• Training
• Testing
• End-User (Revenue)
• Corporate
• Higher Education
• K-12
• Government
• Vocational

MARKET STRUCTURE

• Market Dynamics
• Competitive Landscape of Europe E-Learning Market
• Key Vendors
• Other Prominent Vendors

APPENDIX

• Research Methodology
• Abbreviations
• About the Analyst

LIST OF VENDORS

Key Vendors

• Oracle
• Adobe
• British Council
• Aptara
• Pearson
• Skillsoft
• Anthology
• Coursera
• Cisco
• BYJU'S

Other Prominent Vendors

• GP Strategies
• McGraw Hill
• D2L
• Cengage Learning
• NIIT
• Learnetic
• IXL Learning
• Udemy
• edX
• Docebo
• Litmos
• LeQuest
• FutureLearn
• iHASCO
• LinkedIn

Key Attributes:

For more information about this report visit https://www.researchandmarkets.com/r/crwh0j

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

• European e-Learning Market