BRICS E-learning Market : Key Players, Growth, Analysis 2021 to 2027

 The Infinium Global Research analyzes the BRICS E-learning Market over the period of 2021 to 2027. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in brics e-learning market. It will help a lot of decision makers to develop strategies and find new opportunities in the brics markets of e-learning. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the e-learning market during the period. BRICS e-learning market was valued at USD 219.34 billion in 2020 and is expected to reach USD 800 billion in 2027, with a CAGR of 20.77% during the forecast period.

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The eLearning industry in the BRICS (Brazil, Russia, India, China, and South Africa) countries has seen rapid growth in the past few years. Trends are continually shifting in the eLearning industry. The major increase in the adoption of technological solutions by the educational sector is happening presently, even though the transition from a traditional to e-learning model began two decades ago. The demand of modern people is completely satisfied by e-learning with flexibility, cost-effectiveness, convenience, and the advancement of educational services.

In the BRICS countries, the economic and social impact of COVID-19 is severe. The COVID-19 has resulted in schools shut all across the BRICS countries. There was already high growth and adoption in education technology even before COVID-19. At this time, distance learning technologies have helped schools, technical schools, and universities to switch to E-learning. Educational institutions in the BRICS countries have continued to develop their digital strategies after rising to the challenge of the pandemic early last year, as part of broader plans for the future. Following the outbreak of the novel coronavirus, many universities, schools, and technical colleges are quickly adapted to the digital learning platforms and making learning materials available online.

The Online E-Learning Segment to Dominate the E-learning Market

Depending on the technology, the BRICS E-learning market is categorized into online e-learning, LMS (Learning Management System), mobile e-learning, rapid e-learning, virtual classroom, and others. Among these, the online e-learning segment is expected to dominate the BRICS E-learning market as Schools and businesses are increasing the adoption of online learning tools for improving the engagement and learning experience of students & employees.

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China to Be the Dominant Country in BRICS E-learning Market

China accounted for the majority of the market share of the BRICS E-learning market in 2020 and is anticipated to remain dominant throughout the forecast period. China has a huge and diverse student population and a relatively mature online education sector. China has made considerable achievements in the e-learning field regarding infrastructure construction, production of resources, academic education, non-academic training, and education for needy groups. Recently, the Ministry of Education of China and the Chinese National Commission for UNESCO has launched XuetangX and iCourse International, which are online learning platforms. The platforms provide outstanding learning resources in English and other languages from top universities worldwide and reliable technical support.

Companies Operating in E-learning Market are Focusing on Collaboration Strategy

The key market players present in the BRICS E-learning market are Coursera, Tracxn, Smart Education, BYJU, 51 Talk (China Online Education Group), Koolearn Tech, XS Teach, Beijing Yuanli Education Technology, Dexler Education, and Netology Group Company among others. The BRICS countries have pledged to develop a framework to encourage research cooperation and knowledge transfer among these countries in collaboration with other BRICS initiatives. This initiative will fuel the spread of E-learning in these countries. The ministers of these countries agreed on facilitating the mobility of students and faculty among BRICS partner states in order to enhance their collaboration in academics and research, also encouraging joint and dual degrees between higher education institutions in BRICS countries.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the e-learning.

=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company. 

 => Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.