The 2016-2021 Worldwide Self-paced eLearning Market: The Global eLearning Market is in Steep Decline — from ambientinsight.com
Excerpt:
The Perfect Storm of Market Inhibitors
There are five major convergent inhibitors driving the global revenues for self-paced eLearning downward:
- Intense commoditization
- The eLearning product lifecycle is in the final stage and suppliers are diversifying their product catalogs beyond eLearning
- The collapse of the global LMS market
- Profound degree of product substitution
- The leapfrog effect in mobile-only countries
None of these inhibitors are reversible. Combined, they are driving the global eLearning market into steep declines in revenue. Any one of these inhibitors would dampen the demand for eLearning, but the presence of all five creates very unfavorable market conditions for suppliers.
