In a recent study, cloud technology and the untapped potential of higher education are key areas of growth for e-learning 2021-2029.
So, we’ve summarised some of the key findings from the study for you. Cloud technology hosted LMS platforms globally have 84.7% share of the market. Due to cost-effectiveness, the cloud-based e-learning model is predicted to grow by a further 24.59% between 2021 and 2029.
Higher education is a key area for revenue for e-learning as more universities and colleges blend their in-classroom and online offerings. This is forecasted to grow by 25.9% between 2021 and 2029. Consulting, finance, banking, insurance, manufacturing, retail and other sectors have generated revenue by creating their own e-learning. Of these, IT and telecommunications hold the highest market share with 16.70% and this is predicted to grow by 26.42% between 2021 and 2029. Browse our website for information, advice and updates about e-learning, soft skills and training for your company.
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