Online Learning Software and Platforms, or online course platforms, provide an architecture to create online courses and other educational products.
Online Learning platforms are used by businesses, educators, or solopreneurs to create, author, and/or self-publish educational material. Some provide an existing marketplace on which to sell online courses or help businesses market their content. Online Learning Platforms provide tools to create customizable study materials and streamline tasks, freeing up educators to focus on providing engaging, and high-quality lessons. Some platforms allow instructors to integrate adaptive learning technology into their courses, offering a consistent experience across products.
Online Learning Platforms are often implemented as standalone platforms, marketplace online course platforms, or all-in-one platforms. Additionally, this platform might be sold as an integrated solution within a learning management system (LMS) to help users administer their overall eLearning program.
Online Learning Software and Platforms have below advantages:
You are able to link the various resources in several varying formats.
It is a very efficient way of delivering courses online.
Due to its convenience and flexibility, the resources are available from anywhere and at any time.
Everyone, who are part time students or are working full time, can take advantage of web-based learning.
Web-based learning promotes active and independent learning.
As you have access to the net 24x7, you can train yourself anytime and from anywhere also.
It is a very convenient and flexible option; above all, you don't have to depend on anyone for anything.
Not only can you train yourself on a day to day basis, but also on weekends or whenever you have the free time to. There is no hard and fast rule.
Through discussion boards and chats, you are able to interact with everyone online and also clear your doubts if any.
The video instructions that are provided for audio and video learning can be rewound and seen and heard again and again if you do not happen to understand the topic first time around.
With the breakout of COVID-19, many outdoor activities have been banned, especially those activities which need large amounts of people gathering. This brings great opportunities to the Online Learning Software and Platforms industry.
According to QYResearch latest study, in 2020, the Global Online Learning Software and Platform market size was valued at 5323.66 Million$, increased from 2128.23 Million$ in 2016, and the market is forecasted to reach 14122.92 Million$ by 2026, growing at CAGR of 15.73% between 2021 and 2026.
Global Online Learning Software and Platform Market- Key Players
Europe and USA are now the key providers of Online Learning Software and Platforms. The market concentration is relatively low, top 5 players only got a market share of 21.45% in 2020. Coursera, Udacity, Linkedin Learning, McGraw-Hill, Udemy and Edx are some of the key suppliers in the global Online Learning Software and Platforms market. Apart from those companies, Wileyplus, Epignosis TalentLMS, Tovuti, Thinkific, 360Learning, Kajabi, Skillshare, Learnworlds, Pluralsight, Codecademy, Future Learn, Moodle, Masterclass are also key players.
Global Online Learning Software and Platform Market: Type and Application Analysis
Online Learning Software and Platforms are mainly classified into the following types: Cloud, Web-Based Platforms and On-premise Systems. Cloud, Web-Based Platform is the most widely used type which takes up about 61.61% share in 2020.
Online Learning Software and Platforms have wide range of applications, the market is segmented into K-12, Higher Education, Vocational Training, etc. And Higher Education is the most widely used area which took up about 48.63% globally in 2020.
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