According to market forecast, the global academic e-learning market is expected to reach USD 400 Billion by 2030 due to the rise in flexible learning demand.

The global academic e-learning market is foreseen to reach an impressive USD 400 billion by 2030 compared to USD 250 billion in current values. This growth has impressed the CAGR of 10% since 2019. Key global stakeholders like Coursera, Udemy and Khan Academy among others, have powered this growth.

More and more educational institutions and corporate training sectors are adopting e-learning solutions online courses, virtual classrooms and Learning Management Systems (LMS). Flexible demand for learning is thus boosting these platforms across the board.

Despite the challenges of content quality and internet access, the sector is flourishing across the globe, and even continents like North America and Asia-Pacific are showing enormous progressive changes. Lots of changes are taking place within the sector with respect to interactive learning, and gamification which are considered major tools that enhance user engagement. It is an exciting future with unlimited innovation and opportunity in the huge market, given that e-learning is transforming education.