- The key vendors in the E-learning Packaged Content Market in the US 2015-2019 are Educomp Solutions Ltd., NIIT Ltd., Pearson Plc and Skillsoft Ltd.
London, 25 March 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the E-learning Packaged Content Market in the US 2015-2019. The emergence of mobile learning is one of the major trends upcoming in the market. As mobile devices such as smartphones become more ubiquitous, e-learning packaged content vendors are offering online learning content devised for such platforms. The E-learning Packaged Content market in the US is expected to grow at a CAGR of 5.66% during the period 2014-2019.
The demand for e-learning packaged content products and services has increased in a significant manner because of the cost advantages they offer to users. Moreover, the growth of online education is leading to exponential growth of the E-learning Packaged Content market in the US.
“Simulation allows users partake in real experiences with imitated aspects of the actual world. It is interactive and an ideal platform for trainees and employees to practice and learn skills with guidance from instructors,” says Faisal Ghaus, Vice President of Technavio Research.
“Simulation is also used to enhance and measure teamwork competencies. It offers a better way to learn compared to traditional instruction and helps improve performance, reduce errors, and resolve conflicts.”
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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