Global E-Learning Services Market Trends and Segmentation: Market Growing at a CAGR of 7.98% from 2024 to 2029

Global E-Learning Services Market Overview

According to Global Market Monitor, the global E-Learning services market size will be $32.08 billion in 2024 with a CAGR of 7.98% from 2024 to 2029.

ELearning is learning utilizing electronic technologies to access educational curricula outside of a traditional classroom. In most cases, it refers to a course, program, or degree delivered completely online. There are many terms used to describe learning that is delivered online, via the internet, ranging from Distance Education to computerized electronic learning, online learning, internet learning, and many others. eLearning can be defined as courses that are specifically delivered via the internet to somewhere other than the classroom where the professor is teaching. It is not a course delivered via a DVD or CD-ROM, videotape, or over a television channel. It is interactive in that students can also communicate with their teachers, professors, or other students in the class. Sometimes it is delivered live, where students can “electronically” raise their hand and interact in real time and sometimes it is a lecture that has been prerecorded.

The Rise in the Sale of Smartphones is Propelling the Mobile E-Learning Market.

With smartphones and mobiles getting more affordable and internet connectivity getting faster, developers are working on enhancing solutions for on-the-go learners. Technologies, such as HTML5, support the increasing market demand for mobile-compatible e-learning data. Portable devices provide learners with access to training resources from remote locations. Moreover, in response to the surge in market demand for efficient eLearning solutions, companies offer custom content and mobile-based learning options with advanced technologies.

Increasing Demand for Customized and Enhanced Learning Services

The e-learning services segment is witnessing high demand for curriculum design & development, training delivery, and analytics services for the seamless functioning of digital learning systems. The content availability related to course materials for educating and training students or employees has surged over the past years. Companies are focusing on providing custom eLearning services that help organizations create strategies, identify specific requirements, and develop content with subject experts. Growing competition among players to offer user-centric and efficient learning solutions will drive market growth.

Low motivation

As with any other system e-learning also has some drawbacks. Being flexible is not always good as it may cause laziness and thus reduce efficiency. Students with low motivation may not achieve the set goals most of the time, as there is no one to look over. Students are themselves responsible for the routine and organization of the course, thus leading to laziness and low motivation at times. Lack of a fixed schedule and deadlines may lead to students dropping out of the course prematurely. This puts some parents on the sidelines of e-learning.

The Growth of Training Demand

In the global e-learning market, the corporate training sector provides an excellent investment opportunity for vendors. Large businesses can be early adopters in mature markets as their training programs, and content covers compliance, IT management, and industry-related courses. Most companies concentrate on facilitating collaboration and information transfer between remote teams, improving functional skills, exchanging cross-domain expertise, and training for entry-level workers and newcomers.

By Type	Online E-Learning
	Learning Management System
	Mobile E-Learning
	Rapid E-Learning
	Virtual Classroom
	Mooc Platforms
	The online E-Learning segment contributes the largest market share.
By Application	K-12
	Higher Education
	Skill Training
	Government
	Vocational
	The skill training segment occupies the biggest share.

For more industry information, please refer to our latest released "2023 Global E-Learning Services Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".