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Academic e-learning market size to grow by USD 147.89 billion between 2022 and 2027; Growth driven by launch of new online degrees - Technavio

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The global academic e-learning market is projected to grow by USD 147.89 billion from 2022 to 2027, with a compound annual growth rate of 17.5%. The surge is fueled by the increasing offering of online degrees by educational institutions, with notable examples such as the University of Wisconsin-Madison launching new online bachelor's programs. In addition, North America is expected to dominate, contributing 35% to market growth, driven by investments in adaptive e-learning technologies. The market is characterized by a fragmented landscape of international and regional vendors competing on quality and technology.

Positive
  • Projected market growth of USD 147.89 billion from 2022 to 2027.
  • CAGR of 17.5% indicates strong future demand for e-learning.
  • North America expected to contribute 35% to market growth.
Negative
  • Increasing competition poses challenges for regional vendors.

NEW YORK, April 3, 2023 /PRNewswire/ -- The academic e-learning market is set to grow by USD 147.89 billion from 2022 to 2027 at a CAGR of 17.5%. The market is driven by the launch of new online degrees. The increasing acceptance of online courses has led educational institutions across the world to launch online degrees. For instance, the University of Wisconsin-Madison added four more degrees to UW-Madison Online. The new fully online degree programs include bachelor's degrees in management, human resources, marketing, and consumer behavior and marketplace studies. Similarly, in June 2021, the University of the Arts London launched 30 new online and low-residency degrees. The introduction of such new online degrees is increasing the number of student enrollments. All these factors are driving the growth of the market. The report on the academic e-learning market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. Gain access to a detailed customer landscape matrix comparing key industry-driven parameters. Download a Sample Report

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The academic e-learning market is segmented by deployment (on-premises and cloud-based), end-user (higher education and k12), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

The market growth will be significant in the on-premise segment during the forecast period. On-premise solutions provide end-to-end quality control and data security capabilities to end users. The data is more secure in on-premise solutions compared to public cloud-based solutions, as servers containing academic e-learning modules are completely owned and managed by the end user. Such benefits are driving the growth of the segment.

By region, North America will account for 35% of the market growth during the forecast period. The region is home to several prominent vendors, including Adobe, Providence Equity Partners, and Instructure. Vendors operating in the region are investing in new technologies to provide increased flexibility in the academic sector. In addition, the rising awareness of the benefits of adaptive e-learning and increasing acceptance of online degrees are driving the growth of the academic e-learning market in North America.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters. Download a Sample Report

The academic e-learning market covers the following areas:

Companies Mentioned

The global academic e-learning market is fragmented due to the presence of well-diversified international and regional vendors. International vendors are increasing their footprint across the world. This creates significant challenges for regional vendors that cannot compete based on quality, technology, and price. The competitive environment is expected to intensify over the forecast period, with the increasing number of product and service extensions, M&As, and innovations in technology by leading global and regional vendors. Some of the key vendors covered in the report include:

  • Ambow Education Holding Ltd. - The company offers academic e-learning services such as K-12 school education, tutoring services, international education programs, and online educational offerings.
  • Berlitz Corp. - The company offers academic e-learning for businesses and education institutions.
  • D2L Corp. - The company offers academic e-learning services to students and professionals both online and in person.
  • EF Education First Ltd. - The company offers academic e-learning for cultural exchange, academic achievements, and educational travels.
  • 51Talk English International Inc.
  • Cornerstone OnDemand Inc.
  • inlingua International Ltd.
  • Instructure Holdings Inc.
  • LearnWorlds CY Ltd.
  • MPS Ltd.
  • NIIT Ltd
  • Pearson Plc
  • Providence Equity Partners LLC
  • SAI Global Pty. Ltd.
  • Sanako Oy
  • TAL Education Group
  • Teachable, Inc
  • Udemy Inc
  • VIPKID HK Ltd.
  • WhiteHat Education Technology Pvt ltd

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Academic E-Learning Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 17.5%

Market growth 2023-2027

USD 147.89 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

16.99

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 35%

Key countries

US, Canada, China, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

51Talk English International Inc., Ambow Education Holding Ltd., Berlitz Corp., Cornerstone OnDemand Inc., D2L Corp., EF Education First Ltd., inlingua International Ltd., Instructure Holdings Inc., LearnWorlds CY Ltd., MPS Ltd., NIIT Ltd, Pearson Plc, Providence Equity Partners LLC, SAI Global Pty. Ltd., Sanako Oy, TAL Education Group, Teachable, Inc, Udemy Inc, VIPKID HK Ltd., and WhiteHat Education Technology Pvt ltd

Market dynamics

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered:

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global academic e-learning market 2017 - 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global academic e-learning market 2017 - 2021 ($ billion)
  • 4.2 Deployment Segment Analysis 2017 - 2021 
    • Exhibit 19: Historic Market Size – Deployment Segment 2017 - 2021 ($ billion)
  • 4.3 End-user Segment Analysis 2017 - 2021 
    • Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ billion)
  • 4.4 Geography Segment Analysis 2017 - 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)
  • 4.5 Country Segment Analysis 2017 - 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

  • 6.1 Market segments
    • Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)
  • 6.2 Comparison by Deployment 
    • Exhibit 32: Chart on Comparison by Deployment
    • Exhibit 33: Data Table on Comparison by Deployment
  • 6.3 On-premises - Market size and forecast 2022-2027 
    • Exhibit 34: Chart on On-premises - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 35: Data Table on On-premises - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 36: Chart on On-premises - Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on On-premises - Year-over-year growth 2022-2027 (%)
  • 6.4 Cloud-based - Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Cloud-based - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 39: Data Table on Cloud-based - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 40: Chart on Cloud-based - Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Cloud-based - Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Deployment 
    • Exhibit 42: Market opportunity by Deployment ($ billion)

7 Market Segmentation by End-user

  • 7.1 Market segments
    • Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
    • Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 45: Chart on Comparison by End-user
    • Exhibit 46: Data Table on Comparison by End-user
  • 7.3 Higher education - Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Higher education - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 48: Data Table on Higher education - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 49: Chart on Higher education - Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Higher education - Year-over-year growth 2022-2027 (%)
  • 7.4 K12 - Market size and forecast 2022-2027 
    • Exhibit 51: Chart on K12 - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 52: Data Table on K12 - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 53: Chart on K12 - Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on K12 - Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by End-user 
    • Exhibit 55: Market opportunity by End-user ($ billion)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 North America - Market size and forecast 2022-2027 
    • Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
  • 9.4 Europe - Market size and forecast 2022-2027 
    • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
  • 9.5 APAC - Market size and forecast 2022-2027 
    • Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
  • 9.6 South America - Market size and forecast 2022-2027 
    • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa - Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • 9.8 US - Market size and forecast 2022-2027 
    • Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
  • 9.9 China - Market size and forecast 2022-2027 
    • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
  • 9.10 India - Market size and forecast 2022-2027 
    • Exhibit 89: Chart on India - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 90: Data Table on India - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 91: Chart on India - Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on India - Year-over-year growth 2022-2027 (%)
  • 9.11 Germany - Market size and forecast 2022-2027 
    • Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)
  • 9.12 Canada - Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ billion)
    • Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)
  • 9.13 Market opportunity by geography 
    • Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 104: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 105: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 106: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 107: Matrix on vendor position and classification
  • 12.3 Ambow Education Holding Ltd. 
    • Exhibit 108: Ambow Education Holding Ltd. - Overview
    • Exhibit 109: Ambow Education Holding Ltd. - Business segments
    • Exhibit 110: Ambow Education Holding Ltd. - Key news
    • Exhibit 111: Ambow Education Holding Ltd. - Key offerings
    • Exhibit 112: Ambow Education Holding Ltd. - Segment focus
  • 12.4 Berlitz Corp.
    • Exhibit 113: Berlitz Corp. - Overview
    • Exhibit 114: Berlitz Corp. - Product / Service
    • Exhibit 115: Berlitz Corp. - Key offerings
  • 12.5 Cornerstone OnDemand Inc. 
    • Exhibit 116: Cornerstone OnDemand Inc. - Overview
    • Exhibit 117: Cornerstone OnDemand Inc. - Product / Service
    • Exhibit 118: Cornerstone OnDemand Inc. - Key offerings
  • 12.6 D2L Corp.
    • Exhibit 119: D2L Corp. - Overview
    • Exhibit 120: D2L Corp. - Product / Service
    • Exhibit 121: D2L Corp. - Key news
    • Exhibit 122: D2L Corp. - Key offerings
  • 12.7 EF Education First Ltd. 
    • Exhibit 123: EF Education First Ltd. - Overview
    • Exhibit 124: EF Education First Ltd. - Product / Service
    • Exhibit 125: EF Education First Ltd. - Key offerings
  • 12.8 Instructure Holdings Inc. 
    • Exhibit 126: Instructure Holdings Inc. - Overview
    • Exhibit 127: Instructure Holdings Inc. - Product / Service
    • Exhibit 128: Instructure Holdings Inc. - Key offerings
  • 12.9 MPS Ltd.
    • Exhibit 129: MPS Ltd. - Overview
    • Exhibit 130: MPS Ltd. - Business segments
    • Exhibit 131: MPS Ltd. - Key offerings
    • Exhibit 132: MPS Ltd. - Segment focus
  • 12.10 NIIT Ltd
    • Exhibit 133: NIIT Ltd - Overview
    • Exhibit 134: NIIT Ltd - Product / Service
    • Exhibit 135: NIIT Ltd - Key news
    • Exhibit 136: NIIT Ltd - Key offerings
  • 12.11 Pearson Plc
    • Exhibit 137: Pearson Plc - Overview
    • Exhibit 138: Pearson Plc - Business segments
    • Exhibit 139: Pearson Plc - Key offerings
    • Exhibit 140: Pearson Plc - Segment focus
  • 12.12 Providence Equity Partners LLC 
    • Exhibit 141: Providence Equity Partners LLC - Overview
    • Exhibit 142: Providence Equity Partners LLC - Business segments
    • Exhibit 143: Providence Equity Partners LLC - Key offerings
    • Exhibit 144: Providence Equity Partners LLC - Segment focus
  • 12.13 SAI Global Pty. Ltd.
    • Exhibit 145: SAI Global Pty. Ltd. - Overview
    • Exhibit 146: SAI Global Pty. Ltd. - Product / Service
    • Exhibit 147: SAI Global Pty. Ltd. - Key offerings
  • 12.14 TAL Education Group
    • Exhibit 148: TAL Education Group - Overview
    • Exhibit 149: TAL Education Group - Business segments
    • Exhibit 150: TAL Education Group - Key offerings
    • Exhibit 151: TAL Education Group - Segment focus
  • 12.15 Udemy Inc
    • Exhibit 152: Udemy Inc - Overview
    • Exhibit 153: Udemy Inc - Product / Service
    • Exhibit 154: Udemy Inc - Key news
    • Exhibit 155: Udemy Inc - Key offerings
  • 12.16 VIPKID HK Ltd.
    • Exhibit 156: VIPKID HK Ltd. - Overview
    • Exhibit 157: VIPKID HK Ltd. - Product / Service
    • Exhibit 158: VIPKID HK Ltd. - Key offerings
  • 12.17 WhiteHat Education Technology Pvt ltd 
    • Exhibit 159: WhiteHat Education Technology Pvt ltd - Overview
    • Exhibit 160: WhiteHat Education Technology Pvt ltd - Product / Service
    • Exhibit 161: WhiteHat Education Technology Pvt ltd - Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 162: Inclusions checklist
    • Exhibit 163: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 164: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 165: Research methodology
    • Exhibit 166: Validation techniques employed for market sizing
    • Exhibit 167: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 168: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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FAQ

What is the forecast for the academic e-learning market growth from 2022 to 2027?

The academic e-learning market is expected to grow by USD 147.89 billion, with a CAGR of 17.5%.

Which region will dominate the academic e-learning market growth?

North America is projected to account for 35% of the market growth during the forecast period.

What factors are driving the growth of the academic e-learning market?

The growth is driven by the launch of new online degrees and increasing acceptance of online courses.

What companies are key players in the academic e-learning market?

Key vendors include Ambow Education and TAL Education Group, among others.

Ambow Education Holding Ltd. American Depository Shares (each representing twenty (20)

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