E-learning Market Overview

Smartphones came to the market in the late 20th century and fundamentally changed the learning environment. Existing learning techniques became obsolete and led to new ways of learning. There is now a vast amount of information available that overcomes the barriers of time and place. Students now have access to competitive programs offered by various educational institutions that help them do what they need to do online, thus expanding their skills. An Orbis study estimates that the global e-learning market will exceed $275 billion by 2022. In 2015, the e-learning market reached $165.21 billion and is projected to grow 7.5% between 2015 and 2022. Some of the key drivers of the e-learning market include:

• Lower costs.
• Lower costs.
• Easier accessibility.
• Increased use of video and audio-based learning to enhance the effectiveness of teaching.

According to reliable statistics, there are approximately 3.2 billion Internet users worldwide, which represents almost 43% of the world's population. 

Another reason for this is the increase in the number of smartphone owners, which currently stands at 36% of the world's population.

Despite these advantages, many factors are hindering the growth of the e-learning market. Mobile applications for online e-learning require good connectivity to function effectively. Areas with slower internet connections are a hindrance. 

The e-learning market can be further segmented as follows:

| E-learning market: by application

The market can be further segmented into business and education. Gamification of mobile apps for e-learning has led to high student engagement and a better understanding of the concept. Learners appreciated the trend of digital learning and adopted the technology and practices very quickly. Approximately 49% of students worldwide have taken online courses in the past year, showing that e-learning apps are becoming increasingly popular. Despite this encouraging figure, 74% of students still do not know how many online courses are available. 

Based on this distinction, the market can be further divided into content and services. The number of content providers is growing significantly due to the increasing demand for e-learning applications. With the introduction of cloud computing and other online tools, the growth of the e-learning market will further accelerate. 

| E-learning market

E-learning applications use multiple technologies to supplement the learning process. E-learning applications also use database technologies and content management systems. They work together, the database stores all the resources, while the CMS provides the interface for adding, deleting, and updating information. A myriad of software such as Flash, PowerPoint, and many others allow the e-learning industry to create cutting-edge, graphically rich content. 

Cutting-edge technologies that are shaping the e-learning industry

| Augmented Reality

Mobile App Developers Augmented` Elearning. Augmented reality provides an interactive experience in a real-time environment where objects located in the real world are augmented or augmented with perceptual information. The visual content created through augmented reality has successfully captured students' attention and increased their engagement. Students can perceive and experience what they are learning. Students' inability to learn abstract and complex modules can be mitigated by using augmented reality to help students see 3D models. Some of the most popular e-learning modules using augmented reality include Anatomy 4D and Elements, augmented reality applications that teachers and students around the world use as an important part of e-learning.

| Virtual Reality

Virtual reality is a new computer-based technology that uses VR headsets with different props or physical environments to create realistic sounds, images, and sensations that create a physical presence in a virtual ecosystem. VR is an incredibly popular technology used in e-learning applications, especially in medical education. With VR, learners can be taken to the deepest corners of the universe in an instant. The learning model is so immersive that it keeps learners motivated to learn something useful. Students will no longer have to endure boring study methods with lots of notes and vocabulary. Learning through experience will be the key for Elearning mobile app developers to create cutting-edge apps with various elements of new technologies. 

So far, we have mostly associated virtual learning with games, but it is expected to go beyond games and extend its benefits to the field of education. Our professional VR team will use the latest technology to create your mobile e-learning app.

| Artificial Intelligence

Artificial intelligence is an important candidate for e-learning development because it can bring many benefits. It can help weak learners and is of great benefit to them. The advanced models of artificial intelligence help solve users' problems in a very exhaustive way compared to what manual methods can do. This technology will contribute to a realistic experience as compared to conventional linear, predetermined lessons and e-learning programs. Get access to our Elearning AI engine and work with our programmers who can efficiently code your mobile e-learning app to make it interactive and engaging. 

Let's see how IoT has caught the attention of everyone in the education sector.

| Machine Learning

Online learners and organizations are constantly investing their resources in LMS platforms because of their inherent benefits. ML increasingly offers customized eLearning solutions based on learners' past performance and learning goals. It also helps in optimizing resources by providing online learners with the eLearning resources they need to fill their knowledge gaps and achieve their educational goals. 

If you want to start using ML in your Elearning application, we can provide you with the resources to start your project right away. 

| Wearable

These wearable devices are smart electronic devices that can be worn on the body as accessories. They are currently used as training tools in companies because they can deliver training anywhere in the world. They have the potential to take simulations to the next level and make e-learning understandable.

Benefits of Mobile Apps for e-learning

Let us now discuss how mobile app development can be linked to education, especially the e-learning industry, to provide better learning opportunities for learners and a new platform for organizations to perform. Currently, 53% of apps in the app store are mobile apps for e-learning and this number is bound to increase in the future.

It is clear from the figure above that the scene is dominated by education, followed by lifestyle. E-learning apps are customized to provide high efficiency, supplemented with fun elements in the learning process. We believe that with the growing trend of mobile apps, both native and PWA, the e-learning market is going somewhere. Let's catch a glance at the causes why.

| Easier access to Learning

Thanks to mobile apps, e-learning has reached a high point of no return. Thanks to these apps, learners can access learning materials the way they want, anytime, anywhere. People who have been denied formal education can use e-learning platforms. They can watch lectures on video and study when they have time. 

| Reducing the Cost of Education

Developers of mobile apps for e-learning have designed futuristic apps that include digital transitions. Education used to be considered a legacy for the well-to-do classes, but with the availability of many short certificate courses, students can access education at a lower cost through a mobile e-learning app, eliminating the cost of laptops and office supplies. All you need is a device, a solid internet connection, and a relentless passion to gain wisdom. 

| Increased Student Engagement

Students can now study using audio and video images to help them visualize a concept. Around 99% of students believe that mobile apps have improved their learning and 100% of students prefer mobile apps to facilitate their studies. With mobile apps dominating e-learning, student engagement has increased as they can grasp concepts better and faster. Advanced technologies like AR and VR also play an important role. Many reputed education groups have already realized the importance of this and are leveraging the best mobile application development services for e-learning to create magical apps that harness the power of technology. 

| Smarter collaboration between Students and Teachers

Elearning applications don't just have to be for students. Teachers can also benefit from it as it can be used seamlessly. 

Teacher Kit is a beautifully conceptualized mobile e-learning application that helps teachers track various elements such as performance evaluation, grades, and even student attendance. There are applications like dropbox and Evernote that allow teachers and students to take notes and share them easily, regardless of size.  

| Conclusion

Technology has shifted the game-changer toward the Elearning industry. Organizations in this industry need to be aware of all the trends so that they can stay in the market for a long time. A company should make use of all the available technologies to improve learning outcomes. If you are looking for a developer to build a learning app there are many app development companies in India that can convert your idea into reality.