E-Learning Market size surpassed USD 250 billion in 2020 and is anticipated to grow at an exponential CAGR of over 21% between 2021 and 2027. The advent of several new technologies, such as AI, VR, and cloud based LMS, will drive the market growth. The emergence of an AI-enabled e-learning solution will help in the development of smart content, digitized study guides, and real-time questioning.

E-learning platforms have been witnessing an exponential uptake by the education and corporate sectors over the past three to five years.

The Role of e-Learning in COVID-19 Times Becomes Bigger. Market Registers a Massive Spike by 36. 3%. The global market for e-Learning is expected to record a historic annual growth spike in the year 2020 as majority of schools migrate to e-learning and massively adopt e-learning technologies in an attempt to keep learning and education alive amid the COVID-19 crisis.