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SAN FRANCISCO, U.S., Feb. 02, 2023 (GLOBE NEWSWIRE) — Facts and Factors has published a new research report titled “E-Learning Market Size, Share, Growth Analysis Report By Learning Mode (Instructor-Led and Self-Paced), By Application (Government, Academic, and Corporate), By Delivery Mode (Learning Management Software, Packaged Content, and Others), By Function (Testing and Training), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030” in its research database.
“According to the latest research study, the demand of global E-Learning Market size & share was valued at approximately USD 210.1 billion in 2021. The market is expected to grow above a CAGR of 17.54% and is anticipated to reach over USD 848.12 billion by 2030.”
The report analyzes the E-Learning market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the global E-Learning market.
E-Learning Market Overview:
E-learning is described as a formalized learning system that requires the use of electronic devices for delivery purposes. In E-learning systems, the study sessions may be conducted inside or outside of the classroom but the use of electronic devices to provide an enhanced learning experience is critical to e-learning and acts as the defining factor. It can also be defined as an ecosystem powered by a network for the transfer of skills or knowledge in which information can be passed from the instructor to the students at the same time or at different times.
A few years ago, the teaching methodology was not accepted by many institutes as the idea of lacking a human element could not be comprehended. However, the main turning point for the e-learning sector arrived in 2020, during the pandemic when every aspect of teaching or learning was transferred to digital devices which was further encouraged by the rapid application of enhanced technology and system to deliver the sessions.
E-learning is scalable in many ways and offers personalization options which means teachers can focus on each student individually as opposed to the traditional method. A recent research study reported that students are likely to retain educational teaching at least 25% to 60% more in the case of e-learning when compared to teachings in physical classrooms.
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|Market Size in 2021||USD 210.1 Billion|
|Projected Market Size in 2030||USD 848.12 Billion|
|CAGR Growth Rate||17.54% CAGR|
|Key Market Players||Articulate Global LLC, Adobe, Aptara Inc., SAP SE, Citrix Systems Inc., D2L Corporation, Microsoft Corporation, Cisco Systems Inc., and others.|
|Key Segment||By Learning Mode, Application, Delivery Mode, Function, and Region|
|Major Regions Covered||North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa|
|Purchase Options||Request customized purchase options to meet your research needs.|
The global e-learning market is projected to be pushed by the growing sales of electronic devices making e-learning more accessible. Earlier, one of the major restrictions on e-learning or digital classrooms was the lack of access to smart devices due to factors like unaffordability, the high price of equipment, and the lack of options. However, powered by an increase in investments in the digital sector, there are multiple options for internet-powered smart devices present in the commercial market.
Furthermore, factors like the availability of financial assistance, discount offers, and new products launched across price ranges along with other elements like growing employment rate, the growing standard of living, and high dependency on mobile devices have led to overall growth in the demand and sale of smart equipment like laptops, mobile phones, and tablets.
The global market may register higher growth due to the increasing investments by corporates and business organizations in upskilling their existing employees. Companies realize the importance of human resources and prefer to invest in them to reap high benefits. The trend of companies sponsoring educational activities and training programs may have registered high growth in recent times.
One of the critical factors that could impede the global market growth trend is the need for continuous product innovations. Since the number of players in the market has increased considerably, the competition is getting tougher. Consumers have become sure of what they expect from the service providers and factors like the integration of machine learning and artificial intelligence to provide superior user experience are acting as the determining factors in the success of a certain brand.
The growing number of players may provide market growth opportunities whereas the rising cases of cheating may act as a major challenge.
Browse the full “E-Learning Market Size, Share, Growth Analysis Report By Learning Mode (Instructor-Led and Self-Paced), By Application (Government, Academic, and Corporate), By Delivery Mode (Learning Management Software, Packaged Content, and Others), By Function (Testing and Training), and By Region – Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030” Report at https://www.fnfresearch.com/e-learning-market
Key Insights from Primary Research
- As per the analysis, the E-Learning market is likely to grow above a CAGR of around 17.54% between 2022 and 2030.
- The E-Learning market size was worth around US$ 210.1 billion in 2021 and is estimated to hit approximately US$ 848.12 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- The market is projected to grow at a significant rate due to the excellent benefits offered by e-learning
- Based on learning mode segmentation, self-paced was predicted to show maximum market share in the year 2021
- Based on delivery mode segmentation, packaged content was the leading model in 2021
- On the basis of region, North America was the leading revenue generator in 2021
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E-Learning Market: Segmentation Analysis
The global e-learning market is segmented based on learning mode, application, delivery mode, function, and region
Based on application, the global market divisions are government, academic, and corporate. The global market registered the highest growth in the corporate segment in 2021 and may grow at a CAGR of 15.25% during the forecast period.
The growth was driven by the shift of work culture to remote working during the pandemic which meant that the companies had to invest in e-learning programs to conduct training sessions or provide any other assistance to the employees. The segment is expected to become one of the most lucrative investment opportunities in the coming years.
Based on function, the global market is segmented into testing and training with the latter dominating the segment growth in the coming years. As per estimates, the training segment may grow at a CAGR of 12.59% as online training is known to have several benefits over conventional ways of knowledge transfer. The testing segment may also grow at a considerable rate owing to the increasing shift toward online platforms for assessment purposes.
North America is anticipated to lead the global e-learning market driven by the presence of the highly advanced education sector of the USA. The country’s education system is one of the most well-funded and highly renowned segments across the globe which attracts millions of students annually from every part of the world.
The regional growth could be propelled by the high investment rate of corporates undertaking skill development programs for employees. Growth in Asia-Pacific is projected to reach new heights due to the growing market for e-learning fueled by the emergence of multiple domestic players catering to the requirements of a large section of the regional population.
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The report contains qualitative and quantitative research on the global E-Learning market, as well as detailed insights and development strategies employed by the leading competitors.
Some of the main players in the global E-Learning market include
- Articulate Global LLC
- Aptara Inc.
- SAP SE
- Citrix Systems Inc.
- D2L Corporation
- Microsoft Corporation
- Cisco Systems Inc.
Recent Industry Developments:
- In April 2022, Pearson announced the acquisition of Mondly. The former is one of the world’s leading learning companies while the latter is an international digital platform specializing in language learning
- In September 2022, SpringPeople announced the launch of a new e-learning platform with a library of more than 400 courses
The global E-Learning market is segmented as follows:
By Learning Mode
By Delivery Mode
- Learning Management Software
- Packaged Content
- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- Southeast Asia
- Rest of Southeast Asia
- The Middle East & Africa
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Rest of Latin America
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Also Read Our Blogs:
Savory & Partners: Digital Nomad Visas Sparking a Migration Boom
DUBAI, UAE, Dec. 9, 2023 /PRNewswire/ — The simplicity and lax requirements of digital nomad visas have made them easily accessible, and countries like Portugal and Spain, which have excellent infrastructure, great internet connection, and an outstanding standard of living, draw in more digital nomads by the day, according to experts at Dubai-headquartered citizenship and residency by investment advisors Savory and Partners.
A recent research quoted by the company estimates that there are 16.9 million digital nomads roaming the globe. This is a whopping 162% increase from 2019, just four years earlier.
As soon as Portugal introduced its digital nomad visa in October of 2022, the applications started pouring in. While the government hasn’t announced the number of applications it has received, Portugal’s Labour Minister did announce that the country approved 550 applications within the first six months.
Two months after launching its visa in September of 2021, Greece received 2,918 applications, approving an astonishing 1,693 applicants. The government is yet to release any new statistics, but going off that outstanding start it is safe to assume it is still garnering massive attention.
Germany also boasts impressive numbers, having issued a total of 3,638 visas in just one year since the introduction of its visa in 2018.
According to Residency Malta, the government branch responsible for the digital nomad visa, it has issued 1,041 visas to date, with an average approval rate of 78%.
Croatia, one of the first countries to introduce a pure digital nomad visa in early 2021 as a response to the rise in remote workers, has approved 680 applications, while 672 are still pending approval.
Not just Europe
“It’s not just Europe but even Barbados’ digital nomad visa, dubbed the Welcome Stamp, has been doing outstandingly well, receiving a total of 3,511 applications between 2020 and 2022”, a digital nomad specialist at Savory & Partners reports.
While digital nomads typically use visa-free access or visas to stay in countries for a few months at a time before moving on to the next, digital nomad visas provide a sense of comfort and stability that aligns perfectly with their lifestyle, giving them ample time to enjoy the country they are in before moving on to the next.
The rapid growth in application numbers and the surging demand for digital nomad visas isn’t surprising. They are extremely simple to apply to, have fast processing times ranging from a few days to a couple of months, and they do not require any business establishment or investment.
Portugal’s digital nomad visa, for example, only requires applicants to prove a monthly income of €3,040 per month, while Spain’s visa has a lower threshold of just €2,160 per month.
Savory & Partners is an accredited agent for multiple governments where citizenship by investment is offered. The company has coverage in over 20 jurisdictions, including Europe and was the first firm to obtain all five authorised agent licenses for the governments of the Caribbean Islands. It has processed second passports for over 4,000 citizens with a 100 per cent success rate.
With a presence in 3 continents and 7 countries and more than 60 experts worldwide, the company’s multinational staff comprises advisors who guide clients in English, Arabic, Farsi, French, Spanish and Hindi.
To know more about Savory & Partners, visit www.savoryandpartners.com.
For more information, please send an email to [email protected] can also call +971 04 430 1717 or send a WhatsApp message to +971 54 440 2955.
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Robotic Lawn Mower Market to Reach $2.4 Billion, by 2032 at 10.9% CAGR: Allied Market Research
The increasing demand for smart appliances for garden maintenance by global consumers, along with the development of IOT enabled features is fueling the growth of the robotic lawn mower market.
WILMINGTON, Del., Dec. 8, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Robotic Lawn Mower Market by Range (Low-Range Robotic Lawn Mower, Medium-Range Robotic Lawn Mower, and High-Range Robotic Lawn Mower), End User (Residential User and Commercial User), and Distribution Channel (Retail and Online): Opportunity Analysis and Industry Forecast, 2023-2032”. According to the report, the global robotic lawn mower market size was valued at $838.5 million in 2022, and is projected to reach $2.4 billion by 2032, growing at a CAGR of 10.9% from 2023 to 2032.
Request Sample Copy of Report: https://www.alliedmarketresearch.com/request-sample/5117
Prime determinants of growth
The robotic lawn mower market is driven by factors such as increase in demand for automation, rise in advancements for technology, and increase in popularity of online platforms. However, the rise in regular maintenance and repair costs restricts market growth. Moreover, the increase in demand for rental robotic lawn mowers offers new opportunities in the coming years.
Report coverage & details:
Market Size in 2022
Market Size in 2032
No. of Pages in Report
Range, End User, Distribution Channel, and Region
Increase in demand for automation
Rise in advancements for technology
Reduction in the labor costs
Increase in demand for rental robotic lawn mowers
Growth in the adoption of internet of things
Declining Cost of Batteries/Fuel Cells
Less adoption in developing markets
Regular maintenance and repair costs
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The medium range robotic lawn mower segment to maintain its leadership status throughout the forecast period
Based on range, the medium range robotic lawn mower segment dominated the market in 2022 accounting for more than half of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.4% from 2023 to 2032, owing to the increase in residential and commercial spaces such as buildings, corporate spaces, sports centers, and public parks, which has fueled the requirement for medium range robotic lawn mowers.
The residential segment to maintain its leadership status throughout the forecast period
Based on end user, the residential segment dominated the market in 2022 accounting for less than three-fourths of the market share and is expected to dominate the market during the forecast period. This segment is projected to manifest the highest CAGR of 10.7% from 2023 to 2032, owing to the increase in the demand for low and medium range robotic lawn mowers in the residential sector due to the increased requirement for lawn care and maintenance.
The retail segment to maintain its lead position during the forecast period
On the basis of the distribution channel, the retail segment dominated the market in 2022 accounting for less than half of the market share and is expected to maintain its dominance during the forecast period. The increased demand for ecologically friendly and sustainable robotic lawn mowers, which is being driven by the rising awareness of environmental challenges, is one of the main factors boosting retail sales.
Europe to maintain its dominance by 2032
Based on region, Europe held the highest market share in terms of revenue in 2022, accounting for less than two-fifths of the market share and is expected to maintain its dominance during the forecast period. The growing popularity in artificial intelligence for performing day-to-day activities with higher efficiency is among the primary factors driving the Europe robotic lawn mower market.
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Leading Market Players: –
Robert Bosch GmbHHusqvarna ABHonda Motor Co., Ltd.Zucchetti Centro Sistemi S.p.A.Stiga C S.a.r.l.Andreas Holding AG & Co. KGPositec Tool CorporationWiper S.R.L.Suzhou Cleva Electric Appliance Co., Ltd.Stanley Black & Decker, Inc.The report provides a detailed analysis of these key players in the robotic lawn mower market. These players have adopted different strategies such as acquisition, partnerships, and new product launches to increase their market share and maintain dominant shares in the market. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa1209 Orange Street,Corporation Trust Center,Wilmington, New Castle,Delaware 19801 USA.USA/Canada (Toll Free):+1-800-792-5285UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: [email protected]: www.alliedmarketresearch.comAllied Market Research Blog:https://blog.alliedmarketresearch.com/consumer-goods
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HH Global discloses environmental impact through CDP
LONDON, Dec. 8, 2023 /PRNewswire/ — HH Global has furthered its commitment to environmental transparency by completing a full assessment of the carbon footprint of our business for the fourth year in a row and disclosing our impact through CDP, the world’s leading environmental disclosure platform.
With a record +23,000 companies disclosing through CDP in 2023, HH Global’s data will be added to the most comprehensive inventory of self-reported environmental data in the world – helping to drive action through greater transparency.
CDP is a global non-profit that runs the disclosure platform for companies, cities, states and regions. CDP pioneered using capital markets and corporate procurement to motivate companies to report on their environmental impacts – and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Their aim is to see a thriving economy that works for both people and planet in the long term.
Kevin Dunckley, Chief Sustainability Officer at HH Global commented:”HH Global is proud to have disclosed our environmental data through CDP for the fourth successive year. Tracking progress on reducing emissions is essential if we are to secure a 1.5°C world. Commitment to meaningful and measurable environmental action is more critical than ever and reporting where we are, our goals for a sustainable future and how we are getting there is vital.”
Sherry Madera, Chief Executive Officer at CDP said:
“With over 23,000 businesses disclosing through CDP this year, it is clear that sustainability – and the data that underpins it – is not a ‘nice to have’, but an essential part of long-term success in the business community that is showing no sign of slowing down – nor should it.
“Disclosure works, and today we should take a short pause to celebrate the dedication to transparency and accountability shown by HH Global reporting through CDP this year.
“A 1.5-degree future is still possible if the global community works in lockstep to get there.
“By sharing their environmental data with CDP, HH Global is continuing an environmental journey that will contribute to keeping that future in sight.”
The full list of companies disclosing through CDP can be accessed here: https://www.cdp.net/en/responses.
About HH Global
HH Global is a tech-enabled, creative production and procurement partner that delivers big impact for big ideas across the globe. With +4,500 experts in every market and a thirty-year track record of success, we help the biggest brands on the planet achieve stronger, more sustainable growth. Across every channel. At the speed of modern business. With an unmatched supply chain, a growing suite of tech tools and data insights—we make our clients’ brilliant ideas unmissable everywhere.
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $137 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 25,000 organizations around the world disclosed data through CDP in 2023, with more than 23,000 companies – including listed companies worth two thirds global market capitalization – and over 1,100 cities, states and regions.
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