News story
Elearning market $1 Trillion by 2027
Learning News
The elearning market is predicted to quadruple over the next six years to reach $1 Trillion.
The global elearning market is expected to quadruple in size from around $250 billion in 2020 to $1 trillion in 2027.
The market saw a historic growth of 36.3% during 2020 and is projected to grow at a CAGR of over 21% through 2027.
While some of this growth can be attributed to factors like demand in emerging markets, growth of mobile learning, etc., the COVID-19 pandemic is the main driver behind this exponential growth.
Baidhurya Mani from sellcoursesonline.com has assessed a number of market reports and data from across the elearning sector and distilled them into a great market update: Top 75 Online Learning Statistics & Trends for 2021. Check out the full study on Baidhurya's blog post.