|By Business Wire||
|February 17, 2014 08:43 AM EST||
Research and Markets (http://www.researchandmarkets.com/research/mwjdxm/global_elearning) has announced the addition of the "Global E-learning Market 2014-2018" report to their offering.
The analysts forecast the Global E-learning market to grow at a CAGR of 25.81 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing acceptance of E-learning among corporates. The Global E-learning market has also been witnessing the emergence of a new standard of HTML i.e., HTML5. However, the reluctance in accepting E-learning as an alternative to traditional learning could pose a challenge to the growth of this market.
Key vendors dominating this space are Adobe Systems Inc., Blackboard Inc., Oracle Corp., and SAP AG.
Other vendors mentioned in the report are Aptara, Inc., Cornerstone On Demand Inc., Desire2Learn Inc., Edmodo, Inc., NetDimensions Ltd., Schoology, Inc., Saba Software Inc., Skillsoft Corp., and SumTotal Systems Inc.
Commenting on the report, an analyst from the team said: The introduction of HTML5 has boosted the growth of the Global E-learning market. For instance, HTML5 has reduced the need for creating apps used for E-learning. In addition, HTML5 is compatible with many web browsers and mobile OS, and is capable of providing better performance, and enriched multimedia and connectivity. Flash was the major platform used by content developers before the advent of HTML5. However, as many mobile devices do not support flash content, HTML5 is now increasingly being used to deliver interactive content and videos through mobile phones. Despite the many benefits associated with HTML5, it is still considered a new technology, and content developers are not experienced enough to develop content through it. However, this trend is catching up fast and is likely to contribute to the growth of the Global E-learning market in the near future.
According to the report, the growth of the Global E-learning market is driven by several factors, of which the increasing acceptance of E-learning in the Corporate sector is a major driver. In order to reduce training costs and increase employee productivity, companies are increasingly adopting E-learning solutions.
For more information visit http://www.researchandmarkets.com/research/mwjdxm/global_elearning
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