Thursday, March 7, 2019

Africa E-Learning Market to Reach US$ 1,813 Million by 2024 - IMARC Group


Africa E-Learning Market Strengthened by Interregional Collaborations - IMARC Group
The Africa e-learning market has witnessed substantial growth over the past few years. This can be attributed to increasing internet penetration, constant government support and rising sales of electronic devices.

As per the latest market research report by IMARC Group, entitled “Africa E-Learning Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024”, the Africa e-learning market reached a value of US$ 792 Million in 2018, growing at a CAGR of 14% during 2011-2018. E-learning refers to a system of education which assists in providing formalized teaching with the help of electronic resources. It helps students with different learning abilities to proceed through their courses as per their pace and convenience. As classroom teaching is unable to meet the growing requirements of imparting quality education in Africa, e-learningmethods are gaining traction in the region. Moreover, these online methods enable students to access numerous learning tools, share content online, choose from a diverse range of specially designed courses and engage in interactive sessions remotely.

Market Trends:

The African education system has remained underfunded for several decades. Most of the education institutes are situated in remote locations and lack proper infrastructure as well as qualified teaching staff. In line with this, governments across the region have been investing in developing a modern framework of education to provide quality education to students. For instance, the African Virtual University (AVU), a Pan-African Intergovernmental Organization, offers access to higher education and training in more than 27 countries in Africa, with the help of information and communication technologies. The University has a partner network comprising more than 50 African tertiary educational institutes as well as regional and international NGOs. As a result of such initiatives, there has been an increase in the adoption of e-learning technologies in Africa. Further, booming sales of smartphones and consumer electronics is anticipated to influence the demand for digital learning services in the region. On account of these factors, the market is projected to reach a value of US$ 1,813 Million by 2024.

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Africa E-Learning Market Summary:

Performance by Product Type

1. Packaged Content
2. Services
3. Platforms

Based on product types, the market has been classified into packaged content, services and platforms. At present, packaged content accounts for the majority of the total market share.

Performance of Sector

1. K-12 Sector
2. Post-Secondary
3. Corporate and Government Learning
4. Others

On the basis of sectors, K-12 represents the biggest sector of the e-learning industry in Africa. Other sectors include post-secondary, and corporate and government learning.

Performance by Technology

1. Mobile Learning
2. Simulation based Learning
3. Game based Learning
4. Learning Management System (LMS)
5. Others

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The market has also been segregated on the basis of technology which includes mobile learning, simulation-based learning, game-based learning, learning management system (LMS) and others. Currently, mobile learning dominates the market, holding the largest share.

Performance by Region

1. South Africa
2. Morocco
3. Nigeria
4. Tunisia
5. Kenya
6. Others

Region-wise, the market has been divided into South Africa, Morocco, Nigeria, Tunisia, Kenya and Others. Amongst these, South Africa is the biggest market, holding the majority of the total share.

Competitive Landscape

The competitive landscape of the market has been analyzed in the report, along with detailed profiles of the key players operating in the industry.

Browse similar reports by IMARC Group

Global Game-Based Learning Market Report: https://www.imarcgroup.com/game-based-learning-market

Global Digital Classroom Market Report: https://www.imarcgroup.com/digital-classroom-market


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