News
News
8/9/2007
01:56 PM
Connect Directly
RSS
E-Mail
50%
50%

Worldwide E-Learning To Draw Nearly $53 Billion By 2010

E-learning has emerged as the second most popular method for organizational teaching, in terms of hours spent, and is quickly increasing in use.

The world market for e-learning is expected to exceed $52.6 billion by 2010, according to a new report by Global Industry Analysts.

Rapid changes in training and the workforce means that information and communication technologies will increase their role dramatically in terms of teaching and learning, while pressures to stay competitive drive companies to increasingly focus on the latest technologies, including e-learning, according to the report.

E-learning has emerged as the second most popular method for organizational teaching, in terms of hours spent, and is quickly increasing in use among primary, secondary and higher education centers.

The choice of learning systems is growing, but broader choice from a greater number of offerings and content, service, and technology providers have produced obstacles to interoperability, according to Global Industry Analysts.

The United States is the largest e-learning market globally and revenues here are expected to surpass $17.5 billion in 2007, according to the report. Europe and Japan offer prospects for growth, but they lag behind because of smaller markets.

Globalization could drive faster adoption in Asian market, which experts predict will register an average annual growth rate ranging between 25% and 30% through 2010.

The overall e-learning market at the global and regional levels is expected to grow at rates ranging between 15% and 30%. The US retains its dominance in the corporate eLearning market with a share of over 60%. Europe is the second largest market with a share of less than 15%.

The complete report, available for under $4,000, provides projections for each region of the world through 2010 and profiles 298 global e-earning vendors.

Comment  | 
Print  | 
More Insights
IT's Reputation: What the Data Says
IT's Reputation: What the Data Says
InformationWeek's IT Perception Survey seeks to quantify how IT thinks it's doing versus how the business really views IT's performance in delivering services - and, more important, powering innovation. Our results suggest IT leaders should worry less about whether they're getting enough resources and more about the relationships they have with business unit peers.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest September 24, 2014
Start improving branch office support by tapping public and private cloud resources to boost performance, increase worker productivity, and cut costs.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.