Global Market Insights, Inc. predicts that the European e-learning market will reach $ 130 billion by the end of 2026.
The onset of the COVID-19 pandemic in European economies has disrupted various types of businesses, including the large-scale construction and automotive industries around the world. Ironically, the pandemic has failed to affect the growing dynamics of the e-learning industry across the continent. In fact, the coronavirus pandemic has given a significant boost to the entire e-learning market in Europe as educational institutions and corporate offices have moved to online modes of connection, implementing digital learning methods to keep businesses running smoothly, and looking forward to meeting social distancing norms.
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Government intervention to expand the use of e-learning platforms during a pandemic
While countries across Europe, including Italy, have faced the wrath of the COVID-19 infection, paralyzing several businesses and witnessing a nationwide lockdown, state and central governments have come up with the idea of digitalizing corporations and educational institutions. In addition, these governments have begun to take the necessary steps to expand the use of e-learning platforms to keep the education and corporate sectors running smoothly.
For example, the Italian government in early 2020 developed a website to support schools activating vibrant forms of online learning during the isolation period imposed by the pandemic. Links to multiple sections of the page allow users to connect for free to tools and platforms available to educational institutions and use them in accordance with specific protocols signed by the Ministry of Education.
In line with this, the European Union has also allocated funds for the development of a European Data Portal to facilitate e-learning to provide a clear introduction to open data, offer support materials and provide training on the basics. Such initiatives are likely to offer a positive growth trajectory for the entire e-learning market across Europe.
A technological breakthrough in e-learning
Over the past few years, Europe has seen a tremendous technological and digital transformation in the field of e-learning. Reports indicate that a strong technology landscape across the region is expected to make a significant contribution to the regional e-learning market.
The German government has developed a framework for action under the 5G strategy, which launched in 2017, with the aim of driving network expansion and promotion of 5G applications in the country.
Needless to say, strong connectivity and reliable telecommunications infrastructure in various countries will potentially increase the deployment of e-learning technologies in the region in the coming years.
Growing penetration of mobile e-learning
Europe boasts a huge network of mobile phone users, which explains the growth of the e-learning market throughout the region. According to various reliable sources, smartphone ownership is around six out of ten in various developed countries such as Poland, Russia and Greece. This allowed the mobile e-learning market to gain a huge boost in the near future. In addition to this, the rise in penetration of reliable Internet connections, coupled with the growing proliferation of smartphones, will positively impact the overall market growth.
Broader picture of e-learning adoption in the corporate sector
In a pan-European e-learning market strategically driven by a vast array of applications, the enterprise sector is poised to make huge strides in the coming years, perhaps by incorporating the latest technology to maximize productivity and profitability. Employers place great emphasis on implementing training methods that allow them to reduce training time during working hours, while providing the flexibility they need.
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These factors appear to be driving demand for mobile learning solutions that offer employees access to video on the go.
Table of Contents (ToC) of the report:
Chapter 3. Trends in e-learning in Europe
3.1. Industry coverage
3.2. Industry size, 2016-2026
3.3. Impact of the COVID-19 pandemic
3.4. Value chain analysis
3.4.1. Company product snapshot
3.5. Innovative landscape
3.6. Regulations and directives
3.7. Drivers and Limitations
3.7.1. Market Drivers
3.7.2. Market restrictions
3.8. Industry analysis – Porter’s
3.9. Competitive Benchmarking 2019
3.9.1. Strategy dashboard
3.10. PEST analysis
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