Report : MENA E-learning Market Forecast to 2030 -
According to our latest study on “MENA E-Learning Market Forecast to 2030 – Market Size and Forecasts (2020 - 2030), Country Share, Trends, and Growth Opportunity Analysis Report Coverage – by Delivery Mode, Learning Mode, and End User,” the MENA E-Learning market size is expected to reach US$ 13600.00 million by 2030 from 35767.08 million in 2022, at an estimated CAGR of 12.8% from 2022 to 2030.
Increasing Use of AR & VR Applications to Provide Lucrative Opportunities for E-Learning Market Growth During Forecast Period
As the world continues to embrace them, the Middle East has become one of the fastest-growing AR/VR emerging markets. Not only that, the region is also attracting entrepreneurs, educational firms, experts, and businesses from all over the world, aiming to be in the middle of the action. The UAE has been hosting many events where professionals, startups, and technologists have been pouring in to experience and take part in the technological transformation of the region. The government of the MENA region has set a socio-economic agenda for the future to be led by these innovative technologies. In eLearning, VR technologies foster the use of online simulations, branching scenarios, etc., to enhance evaluation. However, VR software allows for recording learner performance as well as tracking the final results. Once the learners complete a course, they have the option of replaying their performance and seeing for themselves where they went wrong and how they fared.
For instance, if any learners miss an important essential step in a process, they can be shown how to perform the step accurately and retake the assessment afterward. All this in a much more immersive and enhanced eLearning environment. With the entry of AR and VR in E-learning, organizations can expect an improvement as the learners will start loving the compliance training experiences built using VR and AR. The AR VR and AR applications are being applied in various Universities in the Middle East. Although AR & and VR have not made a mark on the E-learning industry, the continued growth of the MENA market for AR and VR is a promising sign. Additionally, the increasing investment in AR and VR indicates significant potential for future growth in the E-learning industry. Hence, with the increasing use of AR & and VR applications in E-learning, the E-learning market is growing significantly in the MENA region.
Key Findings of E-Learning Market Study:
The E-Learning market is categorized on the basis of delivery mode, learning mode, and end User. Based on delivery mode, the E-Learning market is segmented into online, LMS, mobile, and others. By learning mode, the E-Learning market is segmented into instructor led, self-paced. Based on end user, the E-Learning market is categorized into academics and corporate. By country, the E-Learning market is segmented into UAE, Saudi Arbia, Egypt, Jordan, and Qatar.
Based on delivery mode, the E-Learning market is segmented into online, LMS, mobile, and others. The online segment held the largest share of the E-Learning market in 2022. The popular and newest form of distance education today is online learning. It has substantially impacted post-secondary education over the past decade, and the trend is increasing at a steady pace. Online learning allows learners to learn remotely, as most online educational tools are portable. Thus, the increasing reliance on online knowledge, coupled with technological advancements, is expected to increase the size of the online e-learning market as technology allows students to study entirely online while socializing by watching lectures with classmates and participating in subject-specific discussions. Online education enables teachers and students to set their own learning pace, and there is added flexibility to set a schedule that fits everyone. The use of an online educational platform, thus, allows for a better work and study balance.
Unlike in-person training methods, online education tends to be more affordable. Often, a wide array of payment options allows better budget management. With online education programs, one can save money by avoiding travel expenses to reach the institution and purchasing course materials. Therefore, the monetary investment, in other words, is less, but the results can be better than other options.
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