The e-learning platforms market is expected to reach $107.82 billion by 2025, up from $51.15 billion in 2016, at a compound annual growth rate (CAGR) of 11.9%, according to MarketsandMarkets.
The growing adoption of Bring Your Own Device (BYOD) and Choose Your Own Device (CYOD) policies in enterprises is a major factor driving the growth of the e-learning platforms market. In addition, the increasing trend of mobile learning (m-learning) is expected to fuel the demand for e-learning platforms.
However, the high cost of e-learning platforms and the lack of skilled labor are the major factors restraining the growth of the e-learning platforms market.
The e-learning platforms market is segmented by component, by deployment mode, by user type, by industry vertical, and by geography.
By component, the e-learning platforms market is segmented into software and services. The software segment is expected to grow at a higher CAGR than the services segment during the forecast period.
The e-learning platforms market by deployment mode has been segmented into on-premises and on-demand. The on-demand segment is expected to grow at a higher CAGR than the on-premises segment during the forecast period.
The e-learning platforms market by user type has been segmented into academic and corporate. The academic segment is expected to grow at a higher CAGR than the corporate segment during the forecast period.
The e-learning platforms market by industry vertical has been segmented into education, healthcare, BFSI, government and defense, IT and telecom, retail, and others. The healthcare segment is expected to grow at the highest CAGR during the forecast period.
The e-learning platforms market by geography has been segmented into North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. Among these, North America is expected to hold the largest market share and grow at a higher CAGR during the forecast period.
The major vendors in the e-learning platforms market include Blackboard (US), D2L (Canada), Schoology (US), Instructure (US), Adobe (US), SAP (Germany), Oracle (US), Cornerstone OnDemand (US), Docebo (Italy), and Litmos (US).
What Is The Best e-Learning Platform?
Udacity is an online learning platform focused on providing interactive coding courses, mainly in the fields of computer science and programming.
The company was founded by two former Google employees, Sebastian Thrun and David Stavens, in early 2012.
The company is based in Mountain View, California.
Udacity offers both free and paid courses.
The free courses are available to anyone who wants to take them, and the paid courses are designed for those who want to earn a Nanodegree, which is a credential earned by completing a specific set of courses on the Udacity platform.
Nanodegrees are available in a variety of subjects, including data science, artificial intelligence, digital marketing, and product management.
Udacity has partnered with a number of companies, including Google, Facebook, Amazon, and Microsoft, to offer courses that are relevant to the needs of those companies.
In addition to courses, Udacity also offers a number of resources, such as a blog, a forum, and a job board, to help students learn and connect with others in the field.
Coursera is one of the most popular e-learning platform with a wide range of courses. It has a variety of courses from different providers and different countries.
The courses are offered in English, Spanish, French, German, Italian, Portuguese, and Chinese. The courses are divided into different levels: beginner, intermediate, and advanced.
There are different formats for the courses: video, audio, and text and in different lengths: short, medium, and long, for different prices: free, paid, and subscription.
Udemy is another online learning and teaching marketplace with over 130,000 courses and 35 million students. Learn programming, marketing, data science and more.
One of the best part about Udemy is that it has a wide range of courses, so you can find something that interests you. You can also filter the courses by level (beginner, intermediate, or expert), so you can find something that suits your needs.
Udemy also offers a money-back guarantee, so you can try a course and if you don’t like it, you can get your money back.
If you want to improve your knowledge and skills in any field, e-learning platforms like MasterClass can be a great option for you.
MasterClass is an online learning platform that offers courses taught by renowned instructors.
The courses are designed to give you an in-depth understanding of the subject matter, and they are also very engaging and interactive.
The instructors on MasterClass are all experts in their field, and they use their years of experience to deliver lectures that are both informative and entertaining.
Offering classes in a variety of creative, business and technological skills, Skillshare is the next well-to-do e-learning platform on the list.
The topics range from web design and development to marketing and sales.
And the platform has something for everyone, regardless of their skill level.
The classes are taught by experts in their respective fields and the platform offers a community for its members to connect and collaborate.
Skillshare also has a blog that covers a variety of topics, ranging from e-learning tips to interviews with experts.
EdX is a massive open online course (MOOC) provider.
It hosts online university-level courses in a wide range of disciplines to a worldwide student body, including some courses at no charge. It also conducts research into learning based on how people use its platform.
EdX is a not-for-profit enterprise of its founding partners Harvard University and the Massachusetts Institute of Technology (MIT). It has a Board of Directors, and each of the founding partners appoints one member.
The mission of EdX is to “increase access to high-quality education for everyone, everywhere”. To achieve that mission, EdX is pursuing a sustainable business model to support and scale its platform and services.
EdX is a learning platform designed to provide the best possible experience for learners. The platform enables learners to interact with each other and with the instructors, to access course materials at any time, and to receive feedback on their progress.
It offers a wide range of courses, including many that are free of charge. For-credit courses are also available, and learners who complete these courses can earn a credential from the partner institution.
And, EdX is continually improving its platform and courses based on feedback from its students and the latest research on learning.
If you’re looking for a comprehensive, well-made and effective e-learning platform, Pluralsight is one of the best around.
With a huge range of courses covering everything from programming to game development, it’s perfect for anyone wanting to improve their skillset.
The quality of the courses is excellent, with each one teaching you something valuable and practical that you can use in your work immediately. The instructors are all industry experts, so you’re guaranteed to be learning from the best.
What’s more, Pluralsight is always adding new courses, so you’ll never get bored or run out of things to learn. And if you’re not sure whether a course is right for you, you can always try it out for free before committing to it.
So if you’re serious about e-learning, Pluralsight should definitely be your go-to platform.
In the end, it all comes down to what works best for you and/or your team.
It’s important to consider all the factors involved in each option before making a decision.
If you have the budget, time, and resources, an e-learning platform can be a great way to provide training to employees.