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The global e-learning market size is expected to expand at a CAGR of 20% during the forecast period, 2021 u2013 2028. The growth of the market is attributed to various emerging technologies, including artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and cloud-based learning management systems (LMS).
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E-Learning Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast The global e-learning market size is expected to expand at a CAGR of 20% during the forecast period, 2021 – 2028. The growth of the market is attributed to various emerging technologies, including artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and cloud-based learning management systems (LMS). E-learning is a standard learning approach based on online tools. The use of computers and the Internet are key components of E-learning, as teaching takes place in or out of the classroom. Many firms undertake training programs for workers all around the globe and e-learning has become a significant instrument in the corporate sector. It helps students learn complicated theories, concepts, and subjects easily. Emerging technologies such as virtual reality, machine learning, augmented reality, and artificial intelligence affects the industry and drives businesses to create mobile platforms that improve consumers' real-time interactive experience. With the advancement of fast telecommunication technology and global networking, this industry increased in both customer and supplier numbers all over the world. The advent of the COVID-19 epidemic shifted the growth trajectory of the online learning market. COVID-19's impact on online learning resulted in increasing number of online learning programs and virtual classroom attendance. Market Trends, Drivers, Restraints, and Opportunities Rising adoption of e-learning in academic setups and corporates, favorable government policies to promote e-learning in developing economies, and advances in technology in smart education and e-learning are expected to boost the e-learning market. Cloud-based e-learning platforms save money by allowing users to access material through the Internet without downloading large amounts of software or programs.
During the projection period, this adoption of the cloud-based approach is expected to boost the e-learning market. Several application-based learning platforms allow smartphone users to obtain real-time insights on any topic.Adoption of digital learning technology grew rapidly in the e- learning market, due to rising use of smartphones. Key restraints of the global e-learning market are the high cost of software and the need for a large amount of software and hardware resources. Growing use of artificial intelligence in e-learning solutions, automation, and advanced learning analytics are generating opportunities for the e-learning market to grow in the next years. Sample - https://growthmarketreports.com/request-sample/1165 Market Segment Insights The industrial segment is expected to grow at a rapid pace Based on end-users, the distributed solar power generationmarket is divided into industrial, residential, commercial, and others. The industrial segment accounts for a key share of the market. Growth of the market is attributed to the rising energy consumption, rapid industrialization, growing demand for electricity, and developed electricity transmission infrastructure. The residential segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapid urbanization, government policies, increasing population, and rapid development in commercial sector. The monocrystalline segment accounts for a major share of the market On the basis of solar module, the distributed solar power generationmarket is segmented intopolycrystalline, amorphous silicon cells, cadmium telluride, monocrystalline, and others. The monocrystalline segment accounts for a major share of the market. Growth of the market is attributed to increasing environmental pollution and rapidly decreasing water footprint.The polycrystalline segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increasing application of solar systems in architectural sector and rising demand for solar power towers in electricity generations. The photovoltaic systems segment accounts for a significant share of the market Based on technology, the distributed solar power generationmarket is bifurcated into concentrated solar power systems and photovoltaic systems. The photovoltaic systems segment accounts for a significant share of the market. Growth of the market is attributed to low material cost and increasing efficiency of solar panel.The concentrated solar power segment is anticipated to expand at a rapid pace during the forecast period due to factors such as increased investment in research and development and rising adoption of solar storage system. The market in Asia Pacific is estimated to hold a key market share On the basis of regions, the distributed solar power generationmarket is categorized as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market of Europe is anticipated to expand at a high CAGR during the forecast period due to rapid economic growth in region and encouragement from government organizations. The market of Asia Pacific is estimated to hold key
market share due to decrease in raw material prices of solar modules and increasing adoption of storage grid. Inquiry- https://growthmarketreports.com/enquiry-before-buying/1165 Competitive Landscape Key players competing in the distributed solar power generation market include JinkoSolar Holding Co. Ltd., Canadian Solar Inc., Trina Solar Limited, Active Solar GmbH, Wuxi Suntech Power Co. Ltd., Yingli Solar, Sharp Solar Energy Solution Group, Tesla Inc., and First Solar Inc. Some of these players are using several market strategies such as acquisitions, merger, collaborations, partnerships, capacity expansion, and product launches to enhance their market shares and to generate revenue and rise their production line of the business in the coming years. About Growth Market Reports: GMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. GMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Our key analysis segments, though not restricted to the same, include market entry strategies, market size estimations, market trend analysis, market opportunity analysis, market threat analysis, market growth/fall forecasting, primary interviews, secondary research & consumer surveys. Contact: Growth Market Reports Phone: +1 909 414 1393 Email: sales@growthmarketreports.com Web: https://growthmarketreports.com Follow Us: LinkedIn | Twitter