The global eLearning applications market is estimated to reach a valuation of $476.5 billion by 2032, expanding at a compound annual growth rate of 7.1%, according to a recent report by Fact. MR. Key takeaways from the report include:
- Massive open online courses (MOOCs) continue to dominate the eLearning apps market and are valued at $67.2 billion.
- Microlearning is predicted to impact on the eLearning apps business in future years.
- Most market players are focusing on eLearning apps loaded with technologies such as artificial intelligence (AI) and augmented and virtual reality continue to have a significant (AR/VR).