Global Market for eLearning to Reach $169 Billion by 2018; Private
Tutoring Nears $103 billion in Market Value
FARMINGTON, Conn., Nov. 19, 2012 /PRNewswire-iReach/ -- The rapidly
growing global market for eLearning will be driven by increasing
user adoption across corporate as well as the academic sectors,
according to new market research from leading publisher Global
Industry Analysts (GIA). Even as the global economy continues to
struggle in the face of uncertainties, the eLearning market has
demonstrated resilience due to the fact that weaker economic
conditions generally lead job seekers to opt for re-training in
order to enhance their employment prospects.
(Photo: http://photos.prnewswire.com/prnh/20121119/CG16234)
In the global education industry, home tutoring is also emerging
as a major trend in the private tutoring sector. While the U.S.
represents the largest market eLearning, the Asia Pacific region dominates the private
tutoring services sphere.
Global Information Inc. (GII) recommends three excellent market
research reports covering the global markets for eLearning,
distance learning, and private tutoring from our premium research
partner Global Industry Analysts, Inc.
eLEARNING
The global market for eLearning is projected to reach $168.8
billion by 2018. The eLearning market is one of the most rapidly
growing sectors in the global education industry. eLearning
initiatives hold an edge over conventional learning modes due to
their ability to reduce overall training costs based on overall
program and factors such as offshoring, deployment of forms and
range of content as well as Learning Management Systems (LMS).
eLearning also offers additional qualitative benefits, unlike
conventional methods, in the form of anytime, anywhere learning,
access to worldwide mentoring resources for maximum skill
development, and administration as well as control of training
calendar from several locations.
Globalization and the increasing need to remain competitive are
driving companies to change operational strategies and modify
training approaches offered to the employees. Tech-savvy companies
are fuelling the demand for technology-led learning initiatives.
Young employees, in particular, are active adopters of eLearning
and blended learning programs. The scenario is favored by the rise
in demand for social learning and Web 2.0 technologies, coupled
with the significant rise in social tools.
Major players profiled in the report include Adobe Systems Inc.,
Apollo Group Inc., Articulate Global Inc., Assima PLC, Blackboard
Inc., Cegos Group SA, CognitiveArts, Corpedia Inc., Desire2Learn
Incorporated, iLinc Communications Inc., Inspired eLearning Inc.,
IBM, Kenexa Inc., Kineo Limited, Lumesse Corporate Ltd., Microsoft
Learning, MiracleMind.com, NetDimensions Ltd., NorthgateArinso
Limited, Oracle Corp., Saba Software Inc., SkillSoft,
SuccessFactors Inc., SumTotal Systems Inc., and The McGraw-Hill
Companies, among others.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go136218-e-learning.html
Distance Learning
The global outlook series on Distance Learning provides
statistical anecdotes, market briefs, and concise summaries of
research findings. The report offers an aerial view of the global
distance learning industry, identifies major short to medium term
market challenges, and growth drivers. Regional markets elaborated
upon include the United States,
France, Germany, The UK, Japan, China,
and India among others. Market
discussions in the report are punctuated with 23 fact-rich market
data tables. Also included is an indexed, easy-to-refer,
fact-finder directory listing the addresses, and contact details of
226 companies worldwide.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go232238-distance-learning.html
Private Tutoring
Private tutoring is a key constituent of the global education
industry, with growth primarily attributed to the inability of the
standard education system to address the unique needs of each
student. The global market for Private Tutoring is projected to
reach $102.8 billion by 2018. Asia-Pacific is a thriving regional market for
private tutoring services with demand booming from East Asian
countries such as China,
South Korea, Singapore and Hong
Kong. This is because in most East Asian countries, it is
essential to crack competitive entrances for gaining admission into
professional courses at the graduate and post-graduate levels.
Major players profiled in the report include A+ Tutoring,
Building Educated Leaders For Life, Club Z! Tutoring Services,
Daekyo Co. Ltd., Educomp Solutions Ltd., Fleet Tutors, Huntington
Learning Centers Inc., JEI Learning Centers, Kaplan Inc., Kids 'R' Kids International Inc.,
Kumon, Learn It Systems, LearningRx, Mathnasium LLC, Megastudy Co.
Ltd., Rocket Learning Inc., Supreme Evaluations Inc., Sylvan
Learning Inc., The Princeton Review Inc., Tutor Doctor, Tutor.com
Inc., Tutoring Club Inc., TutorVista Global Pvt., Ltd., and
Woongjin Thinkbig Co., Ltd.
An Executive Summary for this report and free sample pages from
the full document are available at
http://www.giiresearch.com/report/go236776-private-tutoring.html
About Global Information Inc. Global Information (GII)
(http://www.giiresearch.com) is an information service company
partnering with over 300 research companies around the world.
Global Information has been in the business of distributing
technical and market research for more than 25 years. Expanded from
its original headquarters in Japan, Global Information now has offices in
Korea, Taiwan, Singapore, Europe and the
United States.
Media Contact: Jeremy
Palaia, Global Information, Inc., 1-860-674-8796,
Press@gii.co.jp
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SOURCE Global Information, Inc.