The Global e-Learning market is to grow at a CAGR of 7.90 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in initiatives to promote e-Learning. The Global e-Learning market has also been witnessing consolidation of the market. However, educational policies inhibiting the growth of the market could pose a challenge.
Over the past few years, the transition to e-books has increased. E-reader devices, although not entirely appropriate for substituting textbooks, are rapidly being adopted by consumers and becoming an integrated part of life. Also, iPad has been witnessing new approaches to convert the content of textbooks to iPad, and iPad textbooks are starting to be developed with initiatives such as State of Virginia Digital Curriculum, which provides schools with access to an interactive learning platform. Publishing firms have also started to adapt to this transition. Recently, Apple has announced an alliance with Pearson, McGraw-Hill, and Houghton Mifflin Harcourt to roll out K-12 e-books. Hence, with the increasing adoption of e-books, the Global e-Learning market is expected to sustain its growth in the coming years.
One of the major drivers in this market is the increase in initiatives to promote e-learning. Governments across the globe are presently increasing their efforts to promote e-learning and taking initiatives to further develop e-learning capabilities.
The key vendors dominating this market space are Adobe Systems Inc., Articulate Global Inc., Blackboard Inc., and Desire2Learn Inc. The other vendors mentioned in the report are Lynda.com Inc., Tribal Group plc, iSpring Solutions Inc., Kineo, and SkillSoft Corp.
For more information on the Global e-learning market, please click here: Global e-learning market
For more information on the Information Technology market, please click here: Information Technology Reports
Companiesandmarkets.com issues news updates and report summaries covering all major industries and sectors. The service provides additional client monitoring and timely alerts to breaking industry and sector news leading the day's business headlines. News articles, written by our staff, contain additional analyst insight, providing value added insight for our readers. News updates and real-time alerts on newly-released market reports are also available from our Facebook page, Twitter feed @CandMResearch and RSS links. We also welcome inquiries from business journalists and the news media.