E-Learning Authoring Tools Software Market Trends

  • Report ID: 3745
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

E-Learning Authoring Tools Software Market Trends

Growth Drivers

  • Growing adoption of Artificial Intelligence and Machine Learning: The use of Artificial Intelligence and Machine Learning in e-learning authority software can contribute to better personalization and individualization of the learning process, as well as improved analysis and assessment capabilities. According to PWC, productivity can be increased by 40% by 2035, as more than 50% of telecommunications organizations use AI for better productivity, and about 38% of the total healthcare providers also provide solutions on diagnostics provided by AI via computer systems.
  • Increase in consumer demand for online learning: Online education is spreading more faster, driven by various factors, including daily usage of technology, easy accessibility, better availability, and convenience, lacking in offline ones. According to the statistics, more than 92 million students registered for Coursera’s online education courses in 2021, which increased from 71 million in 2020, and this data was recorded to 21 million in 2016.
  • Greater sustainability: There is no doubt that online education and learning are leading us all to cost-efficient and better energy-saving methods, to look after our future and this is a way more sustainable approach.
  • Increasing global accessibility: The exponential growth in internet connections and stable networks are also a great reason, why this -learning authoring tools software market is growing at this pace.

Challenges

  • Limited flexibility: The e-learning authority software generally follows a specific workflow or paradigm. The lack of compatibility with different learning styles and approaches can be a problem for some organizations and institutions, who may need a more flexible solution.
  • Lack of integration and compatibility.
  • Limited data privacy and security protections.

E-learning Authoring Tools Software Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~14%

Base Year Market Size (2023)

~ USD 1 Billion

Forecast Year Market Size (2036)

~ USD 4.9 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Author Credits:  Abhishek Verma


  • Report ID: 3745
  • Published Date: Mar 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing adoption of Artificial Intelligence and Machine Learning and the increasing consumer demand for online learning are the major factors driving the growth of the market.

The market size of US E-learning Authoring Tools Software is anticipated to attain a CAGR of 14% over the forecast period, i.e., 2024-2036.

The major players in the market are Adobe Inc., Articulate Global Inc., Microsoft Corp., Trivantis Corp., iSpring Solutions Inc., Elucidant Ltd., Gomo Learning, DominKnow Inc., and others.

The cloud-based segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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