Technology & Media
The global e-learning market size reached US$ 316.2 Billion in 2023. As per the analysis by IMARC Group, the top companies in the global e-learning market are focusing on several technological innovations, such as the increasing utilization of virtual reality (VR) solutions to create an immersive learning experience by engaging all senses and incorporating real-world experience. Moreover, rapid digitization and the increasing adoption of smartphones among students are favoring the market growth. Various companies are adopting strategies like partnership, collaboration, and acquisition to increase their share in the marketplace, which, in turn, is propelling the market growth. Apart from this, the integration of cloud computing, VR, machine learning (ML), and artificial intelligence (AI) with e-learning platforms for improving the overall learning experience and introducing a personalized approach to learning programs based on unique experiences and preferences are positively influencing the market growth. Furthermore, the introduction of gamification that utilizes game mechanics like points, badges, and leaderboards to engage learners and motivate them to learn is offering numerous opportunities to the top market players. Additionally, the implementation of various government initiatives promoting the use of digital technology in education and enhance digital skills is providing an impetus to the market growth. Other factors, including the growing demand for personalized courses, the rapidly expanding education industry, increasing inclination toward virtual classrooms, the introduction of distance education programs due to the outbreak of COVID-19, and the integration of augmented reality (AR) technology are supporting the market growth. Looking forward, IMARC Group expects the market to reach US$ 661.6 Billion by 2032, exhibiting a growth rate (CAGR) of 8.3% during 2024-2032.
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The global E-Learning market has several major players including Adobe Inc., Aptara Inc. (iEnergizer), Blackboard Inc., Cisco Systems Inc., GP Strategies Corporation, Instructure Inc. (Thoma Bravo), Oracle Corporation, Pearson Plc, SAP SE, Skillsoft Corporation and Thomson Reuters Corporation (The Woodbridge Company). More information about these companies has been provided below.
Establishment: |
1982 |
Headquarters: |
San Jose, California, United States |
Website: |
https://www.adobe.com/in/ |
Adobe Inc. is a US-based multinational computer software company known for creating multimedia and creative software products. Their diverse product portfolio includes several industry-standard software applications, such as Adobe Photoshop, Illustrator, Acrobat, Premiere Pro, After Effects, and InDesign. Adobe Inc. has been at the forefront of digital transformation, offering solutions that enable individuals and businesses to create and deliver compelling content across various platforms and devices. In addition, the company has expanded its product offerings through strategic acquisitions. In 2018, Adobe Inc. acquired Magento, a leading e-commerce platform, to enhance its capabilities in the digital commerce space.
Establishment: |
1988 |
Headquarters: |
United States of America |
Website: |
https://www.aptaracorp.com/ |
Aptara Inc., now known as iEnergizer, is a global technology and service provider company that has become a leading provider of digital content solutions, publishing services, and data analytics. The company offers end-to-end solutions for digital content creation and management, including e-learning, publishing, and content transformation services. Aptara's e-learning solutions are designed to help organizations transform their training and education programs, offering customized solutions to meet the specific needs of each client. The company's e-learning solutions are used by businesses, educational institutions, and government agencies worldwide.
Establishment: |
1997 |
Headquarters: |
Washington, D.C., United States |
Website: |
https://www.blackboard.com/ |
Blackboard Inc. is a leading technology company that provides a range of solutions to educational institutions worldwide. It designs a comprehensive suite of educational technology solutions that improve the learning experience for students, teachers, and administrators. Blackboard's flagship product is its learning management system (LMS), which is a comprehensive platform for managing and delivering online courses. In addition, the company's analytics solutions are intuitive and easy to use, enabling educators to quickly identify areas for improvement and make data-driven decisions.
Establishment: |
1984 |
Headquarters: |
San Jose, California, United States |
Website: |
https://www.cisco.com/site/in/en/index.html |
Cisco Systems, Inc., is a multinational digital communications technology conglomerate corporation. Its primary focus is to provide networking solutions to improve networks' performance and security. The company's key contribution to the e-learning industry has been its Webex platform, which provides video conferencing, online meetings, and collaboration tools. Cisco has also developed other tools and platforms that support e-learning, including Cisco Spark, a messaging platform that allows for real-time collaboration, and Cisco Meraki, a cloud-based network management solution that enables secure and reliable access to e-learning resources.
Establishment: |
1959 |
Headquarters: |
Maryland, United States |
Website: |
https://www.gpstrategies.com/ |
GP Strategies Corporation is a global performance improvement and learning solutions provider. The company offers a range of customized training and development solutions to help clients achieve their business goals and drive organizational performance. It includes e-learning solutions programs that cover a wide range of topics, including compliance training, technical training, leadership development, and sales and customer service training. GP Strategies' e-learning solutions are delivered through a variety of platforms, including mobile devices, desktop computers, and virtual reality headsets. The company's team of experts includes instructional designers, graphic designers, and multimedia specialists, who work together to create engaging and effective e-learning programs.
Establishment: |
2008 |
Headquarters: |
Chicago, Illinois |
Website: |
https://www.thomabravo.com/ |
Instructure Inc. is an e-learning technology company that provides cloud-based software solutions for education and learning management. The flagship product of the company is Canvas, a cloud-based learning management system used by schools, universities, and businesses to deliver online courses and manage course content. Canvas provides a range of tools for instructors and students, including course materials, communication tools, and grading and assessment features.
Establishment: |
1977 |
Headquarters: |
Austin, Texas, United States |
Website: |
https://www.oracle.com/ |
Oracle Corporation is a multinational technology company that provides a range of software solutions, including e-learning software. The company's key e-learning product is Oracle Learning Cloud, a cloud-based learning management system that provides a range of features for managing training and development programs, including course creation tools, assessment and certification tools, and analytics and reporting capabilities. Oracle also offers other e-learning solutions, including Oracle Talent Management Cloud, which includes learning management capabilities as well as talent management features such as recruiting and performance management.
Establishment: |
1844 |
Headquarters: |
London, United Kingdom |
Website: |
https://plc.pearson.com/en-US |
Pearson Plc is a British multinational company that specializes in educational publishing and assessment services. It helps educators and learners improve their performance through digital learning experiences. The company offers a range of e-learning products and services, including digital course materials, online courses, and assessments. The company's clients based includes educational institutions, governments, and businesses in industries such as healthcare, finance, and technology. It is committed to innovation and continuous improvement in its e-learning solutions, has invested heavily in research and development (R&D) to create new and innovative digital learning products and services, and has formed partnerships with other technology companies to enhance its e-learning capabilities.
Establishment: |
1972 |
Headquarters: |
Walldorf, Germany |
Website: |
https://www.sap.com/india/index.html |
SAP SE is a German multinational software corporation that provides enterprise software to businesses and organizations of all sizes. The company specializes in enterprise software, including e-learning software solutions for businesses and organizations. It is committed to innovation and continuous improvement in its software solution and has invested heavily in research and development (R&D) to create new and innovative products and services. SAP's e-learning solutions are designed to help organizations manage their training and development programs more effectively. Its major products include tools for course creation, assessment, and certification, analytics, and reporting, as well as integrations with other SAP software products.
Establishment: |
1998 |
Headquarters: |
Nashua, New Hampshire, United States |
Website: |
https://www.skillsoft.com/ |
Skillsoft Corporation is a global e-learning company that provides cloud-based learning solutions to businesses and organizations of all sizes. The company's mission is to empower organizations to achieve their goals by providing innovative, effective, and engaging learning solutions. Its e-learning solutions are designed to help businesses and organizations improve their employees' skills and knowledge and drive business success. Skillsoft Corporation's flagship product is Skillsoft Percipio, a cloud-based learning platform that provides access to a wide range of digital learning resources, including videos, books, and interactive courses.
Establishment: |
2008 |
Headquarters: |
Toronto, Ontario, Canada |
Website: |
https://www.thomsonreuters.com/ |
Thomson Reuters Corporation is a global information and technology company that provides solutions to businesses, financial institutions, and governments. The company's business segments include Legal Professionals, Corporates, Tax Professionals, Reuters News, and Global Print. The Legal Professionals segment provides solutions to law firms and corporate legal departments. The company's mission is to provide trusted and actionable insights to decision-makers across industries. Besides this, Thomson Reuters Corporation provides a cloud-based e-learning platform with online training courses.
About Author:
Shree Basu Senior Content Writer at IMARC Services Private Limited Shree Basu is an experienced content writer with a passion for researching about diverse markets, ranging from technology to chemistry to agriculture. She has around two years of experience in different aspects of market research and has worked with multiple startups and enterprises in the B2B, B2C, and retail industries. In her free time, Shree enjoys reading, feeding stray animals, and watching crime documentaries. |
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