E-learning Market Trends

E-learning Market Trends

E-learning is increasingly becoming popular in the growing educational markets including China and India. According to the India Brand Equity Foundation, the country’s higher education segment is expected to reach USD 35.03 billion by 2025. In Latin America, IP traffic was projected to grow threefold with a compound annual growth rate of 21% and internet traffic 2.6-fold from 2016 to 2021. This has encouraged students undertaking higher education to leverage the benefits of e-learning technologies. In March 2021, Mexico's Lower Chamber approved a bill that established a gradual transition toward free higher education until 2022.
 

The growth of the higher education sector coupled with the increasing internet penetration will support the e-learning market growth. Flexible course formats, multiple certification programs, and an easy learning curve compared to classroom courses are increasing the demand for e-learning. Higher education institutions are leveraging the benefits of LMS technology to offer high-quality education to students. Students pursuing higher education are increasingly transitioning toward e-learning platforms to enhance their job placement skills, foster academic growth, and easily pursue advanced courses.