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NEW YORK, Feb. 22, 2022 /PRNewswire/ — The global e-learning IT infrastructure market size is expected to increase by USD 164.56 billion between 2020 and 2025. The market witnessed year-over-year growth of 19.92% in 2021. However, the growth momentum is expected to decelerate at a CAGR of over 15% during the forecast period. Technavio expects the market to grow significantly in APAC . The growth of the regional market can be attributed to the rising number of universities forming alliances with foreign universities to deliver online education.
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The global e-learning IT infrastructure market is fragmented. The market is characterized by the presence of diversified international and regional vendors. The international players are increasing their footprint. Regional vendors are finding it increasingly difficult to compete with global players, especially in terms of quality, technology, and pricing. The competitive scenario in the market is expected to further intensify with an increase in product/service extensions, technological innovations, and M&As. International players are acquiring smaller and regional vendors.
Adobe Inc., Apple Inc., Aptara Inc., Articulate Global Inc., Blackboard Inc., Intel Corp., Microsoft Corp., Oracle Corp., SAP SE, and Schoology Inc. are some of the major players dominating the market. The emergence of virtual schools, the development of IT infrastructure for education, and learning process enhancements in the academic sector will offer immense growth opportunities for market players. However, the threat from open-source platforms, the lack of awareness, and high implementation costs will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
E-learning IT Infrastructure Market 2021-2025: Segmentation
E-learning IT Infrastructure Market is segmented as below:
- Category
- Connectivity
- Hardware
- Software
- Geography
- North America
- APAC
- Europe
- MEA
- South America
By category, the market will observe high revenue generation in the connectivity segment over the forecast period. The growing adoption of smartphones, tablets, and PCs by students …
Full story available on Benzinga.com
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