New report: global generic e-learning courses market to grow at a compound annual growth rate of 11.08% during the period 2016-2020. See article.
A key driver for the rising demand in the e-learning market is the increased funding for the education sector. The education sector worldwide is set to observe dynamic changes in the way information and knowledge are shared, with the growing phenomenon of digitization.
Further, the report states that one challenge that is likely to hamper market growth is the threat from MOOCs and self-paced packaged content market. These open sources allow an unlimited number of users to take part free of charge.
E-learning market to grow (Picture from Pexels)
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