Global Market for eLearning to Reach $169 Billion by 2018; Private Tutoring Nears $103 billion in Market Value
FARMINGTON, Conn., Nov. 19, 2012 /PRNewswire-iReach/ -- The rapidly growing global market for eLearning will be driven by increasing user adoption across corporate as well as the academic sectors, according to new market research from leading publisher Global Industry Analysts (GIA). Even as the global economy continues to struggle in the face of uncertainties, the eLearning market has demonstrated resilience due to the fact that weaker economic conditions generally lead job seekers to opt for re-training in order to enhance their employment prospects.
In the global education industry, home tutoring is also emerging as a major trend in the private tutoring sector. While the U.S. represents the largest market eLearning, the Asia Pacific region dominates the private tutoring services sphere.
Global Information Inc. (GII) recommends three excellent market research reports covering the global markets for eLearning, distance learning, and private tutoring from our premium research partner Global Industry Analysts, Inc.
The global market for eLearning is projected to reach $168.8 billion by 2018. The eLearning market is one of the most rapidly growing sectors in the global education industry. eLearning initiatives hold an edge over conventional learning modes due to their ability to reduce overall training costs based on overall program and factors such as offshoring, deployment of forms and range of content as well as Learning Management Systems (LMS). eLearning also offers additional qualitative benefits, unlike conventional methods, in the form of anytime, anywhere learning, access to worldwide mentoring resources for maximum skill development, and administration as well as control of training calendar from several locations.
Globalization and the increasing need to remain competitive are driving companies to change operational strategies and modify training approaches offered to the employees. Tech-savvy companies are fuelling the demand for technology-led learning initiatives. Young employees, in particular, are active adopters of eLearning and blended learning programs. The scenario is favored by the rise in demand for social learning and Web 2.0 technologies, coupled with the significant rise in social tools.
Major players profiled in the report include Adobe Systems Inc., Apollo Group Inc., Articulate Global Inc., Assima PLC, Blackboard Inc., Cegos Group SA, CognitiveArts, Corpedia Inc., Desire2Learn Incorporated, iLinc Communications Inc., Inspired eLearning Inc., IBM, Kenexa Inc., Kineo Limited, Lumesse Corporate Ltd., Microsoft Learning, MiracleMind.com, NetDimensions Ltd., NorthgateArinso Limited, Oracle Corp., Saba Software Inc., SkillSoft, SuccessFactors Inc., SumTotal Systems Inc., and The McGraw-Hill Companies, among others.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go136218-e-learning.html
The global outlook series on Distance Learning provides statistical anecdotes, market briefs, and concise summaries of research findings. The report offers an aerial view of the global distance learning industry, identifies major short to medium term market challenges, and growth drivers. Regional markets elaborated upon include the United States, France, Germany, The UK, Japan, China, and India among others. Market discussions in the report are punctuated with 23 fact-rich market data tables. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 226 companies worldwide.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go232238-distance-learning.html
Private tutoring is a key constituent of the global education industry, with growth primarily attributed to the inability of the standard education system to address the unique needs of each student. The global market for Private Tutoring is projected to reach $102.8 billion by 2018. Asia-Pacific is a thriving regional market for private tutoring services with demand booming from East Asian countries such as China, South Korea, Singapore and Hong Kong. This is because in most East Asian countries, it is essential to crack competitive entrances for gaining admission into professional courses at the graduate and post-graduate levels.
Major players profiled in the report include A+ Tutoring, Building Educated Leaders For Life, Club Z! Tutoring Services, Daekyo Co. Ltd., Educomp Solutions Ltd., Fleet Tutors, Huntington Learning Centers Inc., JEI Learning Centers, Kaplan Inc., Kids 'R' Kids International Inc., Kumon, Learn It Systems, LearningRx, Mathnasium LLC, Megastudy Co. Ltd., Rocket Learning Inc., Supreme Evaluations Inc., Sylvan Learning Inc., The Princeton Review Inc., Tutor Doctor, Tutor.com Inc., Tutoring Club Inc., TutorVista Global Pvt., Ltd., and Woongjin Thinkbig Co., Ltd.
An Executive Summary for this report and free sample pages from the full document are available at http://www.giiresearch.com/report/go236776-private-tutoring.html
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