E-learning Authoring Tools Software Market: Growth Drivers and Challenges
Growth Drivers
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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.
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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
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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.
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Lack of integration and compatibility.
- Limited data privacy and security protections.
E-learning Authoring Tools Software Market: Key Insights
|
Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
14.2% |
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Base Year Market Size (2024) |
USD 1.14 billion |
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Forecast Year Market Size (2037) |
USD 6.41 billion |
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Regional Scope |
|