April 01, 2021
According to the business intelligence report titled ‘North America E-Learning Market Size By Technology, Provider, Application, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026’, available with Market Study Report, North America e-learning market valuation is slated to reach USD 135 billion by 2026.
Industry experts claim that introduction of 5G technology, increasing internet penetration, and rapid development of digital infrastructure, predominantly in Canada and the U.S., are catalyzing North America e-learning market growth.
Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/3001280/
Additionally, enhanced internet speed as well as connectivity has enabled employees and students to provide real time feedback for improved and interactive e-learning experience, which in turn is stimulating the overall market outlook.
Speaking of the latest developments, outbreak of the Covid-19 pandemic has accelerated the digitization of the education system. Favorable government initiatives aimed at promoting the adoption of online courses to curb the spread of the virus are positively swaying North America e-learning market dynamics.
Based on technology landscape, learning management system (LMS) segment is predicted to generate modest revenues during the analysis period, owing to escalating demand for improvised enterprise learning services. LMS enables tutors to deliver important docs, track progress, administer tests, and manage records. Several beneficial attributes of these systems such as time efficiency, easy data access, enhanced communication, advanced reporting, and effectual platform management will continue to stimulate technology demand from corporate organizations.
With regards to application spectrum, North America e-learning market share from the SMB segment is touted to grow significantly through 2026, on account of shifting preferences towards online learning for flexibility, convenience, and high productivity. Small and medium sized businesses profit from enhanced productivity of employees, while saving time and money.
Elaborating on competitive hierarchy, SAP SE, Saba Software Inc., Oracle Corporation, Microsoft Corporation, Meridian Knowledge Solutions LLC, D2L Corporation, CERTPOINT Systems Inc., Articulate Global Inc., Aptara Inc., and Adobe Inc. are the leading firms operating in North America e-learning market sphere.