- The key vendors in the Generic E-learning Courses Market in the US 2015-2019 are Adobe Systems Inc., Blackboard Inc., Educomp Solutions Ltd., NIIT Ltd. and Skillsoft Ltd.
London, 31 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Generic E-learning Courses Market in the US 2015-2019. Investments in education technology startups are one of the major trends being witnessed in the market. With the radically changing employment scenario, students are required to be equipped with additional skills and knowledge. As well as this need, increased penetration of the internet and mobile devices has resulted in easy implementation of online education systems. The Generic E-learning Courses market in the US is expected to grow at a CAGR of 7.64 percent during the period 2014-2019.
The implementation of e-learning courses is on the rise as it is less time-intensive, while the content retention rate is much higher than classroom instruction. Moreover, the growth of mobile devices, enhanced internet connectivity, and the incorporation of rich content have significantly improved the method of learning delivery.
“There has been a dynamic change in the way education is delivered to learners. A wide range of innovative teaching methods has evolved during the last couple of years,” says Faisal Ghaus, Vice President of Technavio Research.
“Advances in technology and the increasing influence of the internet have driven the introduction of effective methods of imparting education such as blended and online learning.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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