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E-Learning Market Valuation of USD 345 Bn by 2025 as COVID-19 Crisis Fuels Adoption

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A report from BMRC has the global market for e-learning rising to $345 Bn over the next five years with a CAGR of 8.2%.

E-learning market size. Source BMRC
E-learning market size. Source BMRC 

The e-learning market, valued at USD 198.88 Billion in 2018, is expected to reach USD 345.28 Billion by 2025 with the CAGR of 8.2% over the forecast period. 

Increasing adoption of online education and rising investment in research and development regarding education are some major key drivers for the growth of the global e-learning market.

“E-learning has been proven to be a successful method of training and education is becoming a way of life for many citizens in around the world. It offers scalability, consistency, effectiveness and more cost effective. The rise in technology-enabled teaching & training increases the scope of e-learning industry.”

“The increasing adoption of online education and rising investment in research and development regarding educations are the major key drivers for the growth of the global e-learning market.”

“The adoption of virtual classrooms in educational institutes will increase growth of market. These strategies will turn to boost the e-learning market in coming years.”

The report published by BMRC is segmented on e-learning type, technology, provider, application and by regional and country and is available from BMRC: E-learning market size and share.