According to the research report titled ‘Europe E-Learning Market Size By Application, Technology, Provider, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 - 2026’, available with Market Study Report, Europe e-learning market is projected to reach a valuation of USD 130 billion by the year 2026.
 

As per the report findings, Europe e-learning market is majorly driven by increasing government efforts towards adoption of advanced digital learning solutions. For instance, The European Data Portal that offers an e-learning program on open data, is funded by the European Union. Another major e-learning website, France Education, is an initiative by Ministry of Europe and Foreign Affairs and France’s Ministry of National Education that caters to teachers, trainers, apprentices, and learning enthusiasts focusing on improving their command over the French language.
 

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Besides, the Covid-19 pandemic is accelerating the expansion of e-learning market in Europe, as educational institutions and corporate organizations are adopting digital learning solutions to comply with social distancing norms. Furthermore, the Italian government developed a website that accessible to schools at zero cost to efficiently bridge the gap the between classroom learning and e-learning amid the lockdown period. Likewise, educational institutions in France, Germany, and Spain have shifted their focus towards providing online lectures during the pandemic.
 

Based on technology, Europe e-leaning industry from virtual classrooms segment is growing at significant pace due to implementation of interactive training sessions across educational and corporate sectors for effective communication with the students or employees. Cross-platform applications such as Microsoft Teams which offer collaborative training sessions, screen sharing feature, and facilitate virtual face-to-face connections and activities will continue to drive the segment growth in the upcoming years.
 

Speaking of the application spectrum, Europe e-learning market from corporate segment is touted to record considerable growth over the forecast timeframe. Rapid adoption of latest technologies in the corporate sector for enhanced productivity and profitability, increasing number of small and medium scale businesses, along with rising demand for techniques that reduce training duration and offer learning flexibility to employees are fostering the segment growth.
 

Key players influencing Europe e-learning market trends are SAP SE, Saba Software, Inc., Oracle Corporation, Microsoft Corporation, Meridian Knowledge Solutions, D2L Corporation, CERTPOINT Systems, Inc., Articulate Global, Inc., Aptara, Inc., and Adobe Systems, Inc.