2014-2016 E-learning Market Trends — Asian E-learning Market

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In our previous articles, we mainly talked about
European, North American and Latin American
E-learning market, today, we will continue with
our next region, Asian E- learning market. The
Asia region has the highest growth rate for
eLearning on the planet at 17.3 and the growth
in some countries is nothing short of remarkable.
Revenues reached 5.2 billion in 2011 and will
more than double to 11.5 billion by 2016,
according to a new Ambient Insight report
called, The Asia Market for Self-paced eLearning
Products and Services 2011-2016 Forecast and
Analysis. Forecasts for sixteen countries are
included in this regional report Australia,
Bangladesh, China (including Hong Kong
andMacao), India, Indonesia, Japan, Malaysia, New
Zealand, Pakistan, the Philippines, Singapore,
South Korea, Sri Lanka,Taiwan, Thailand, and
Vietnam. The two countries with the highest
growth rates in the world are Vietnam and
Malaysia, at an amazing 44.3 and 39.4,
respectively. Asia is now a vibrant and rapidly
evolving market. While the aggregated global
growth rate of E-Learning is 7.6, several
regions have significantly higher growth rates.
According to recent regional research studies,
the highest growth rate is in Asia at 17.3,
followed by Eastern Europe at 16.9, Africaat
15.2, and Latin America at 14.6
respectively. What drives the market? Clear
lines of development characterize every aspect
and the view is absolutely diversified. Looking
at Asia on a whole projects related to literacy
development in rural areas funded by the
government is one of the major drivers for the
introduction of online training software. If we
take a specific focus on IndianMarket, the
E-learning industry was valued at INR 18.41
trillion in 2010 2011. Increasing Internet
penetration, low cost existing coverage and
rising demand are expected to help this market
develop strongly in the near future. According
to the Ken Research Group report, Indias
E-Learning Market Outlook to FY2018 Increasing
Technology Adoption to Drive Future Growth, the
market is estimated to grow at a Compound Annual
GrowthRate (CAGR) of17.4 over the period
FY2013-FY2018.
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With E-Learning being increasingly used to
facilitate talent management in corporations, the
demand for custom E-Learning content and
technology is likely to increase. This should
increase the overall growth rate for Indias
E-Learning market in the future. The rapid
adoption of mobile technology is going to play a
major role in the way the entire digital
experience is valued and consumed. The mobile
ecosystem devices, carriers, app markets and
so on has become the fastest-growing industry
ever recorded. The increasing sales numbers
suggest that the growth of smartphones in India
allows people greater access to the Internet via
mobile devices rather than computers. Unlike a
desktop PC or even a laptop, this is an
education portal that people can take with them
wherever they go. Hence, learning on the go will
be the next thing to watch out for and platforms
like Docebo, which fully supports mobile acc ess,
will continue to perform well as market
leaders. https//www.eztalks.com/elearning/2014-2
016-asian-e-learning-market-trends.html