Global E-Learning Market to Reach US$107 Billion by 2015, According to New Report by Global Industry Analysts, Inc.

GIA announces the release of a comprehensive global outlook on the Distance Learning Industry. Demand for distance learning is expected to surge globally, spurred by the drive towards acquisition of additional skills and technological advancements. The development of personal computer, digital video, and broadband communication, in particular, has led to the growth of distance learning. The convenience and self-determined pace of learning, provided by distance learning courses, serve as the primary market driver. Other factors driving growth of distance education, and in particular e-learning and corporate e-learning, include the increasing use of the Internet, declining telecommunication costs, and the growing drive of companies towards increasing employee knowledge on regulatory issues, among others.

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Distance Learning: A Global Outlook

San Jose, California (PRWEB) February 15, 2012

Follow us on LinkedIn – Over the past decade, distance learning has undergone substantial transition from its original form. With technological developments, including Internet as well as audio-visual technology that include telephony, DVDs, and CDs, distance learning has emerged as a feasible alternative to full-time programs. Rising demand for distance learning offers tremendous growth opportunity to colleges and institutions providing distant learning programs. Moreover, several leading companies, including media giants, are also foraying into the industry. Additionally, e-learning also finds widespread applications in various sectors, including IT, marine, retail, healthcare, telecommunications, and financial services. These sectors are utilizing e-learning programs for training employees as well as for disseminating information.

E-learning offers students the freedom to choose location, time and the mode of learning at their own convenience. The e-learning mode aids in the learning exercise for part-time students and students in remote and inaccessible places all over the world by offering them greater flexibility in terms of place and time. A growing number of companies are taking note of the fact that untrained and unskilled employees hamper long-term growth prospects of the company. As a measure to overcome this serious impediment, companies are now resorting to web-based education techniques/e-learning to keep employees abreast with the latest information. E-learning is fast gaining popularity as is evident from the launch of several e-learning opportunities in the US. The combination of many new technologies has made e-learning a reality.

With increasing attrition levels across various industries, retaining talented employees become challenging for organizations. In such a scenario, the only feasible way to retain valuable talent is by providing training and developing their skill set. At the same time, face to face education does not serve the purpose of organizations. Companies can encourage their employees to acquire higher education or courses to enhance their skills set during free hours. Distance learning medium of knowledge acquisition is best suited for such requirements and provides greater flexibility to employees to gain skill set through installed application and through the Internet. The increasing workload, due to the layoffs and need to increase productivity, calls for increased training demands. With severe cutbacks in training expenses, distance learning provides a good solution to the problem.

Corporate e-learning is targeted at equipping and updating the skill set of workforce to enhance their overall and at times, specific performance at workplace. Declining costs of technology and communication, geographic dispersion of employees, and augmented technological abilities are major factors that contribute to the growth of corporate e-learning programs. Corporate e-learning market is set to witness rapid growth, driven by rising demand from corporate clients. Improved content and resolution of localization issues are the key contributors to the rising demand from corporate clientele. Growth in the corporate e-learning market is also the result of rising Internet usage, and declining telecommunication costs.

Firms operating under the pharmaceutical and healthcare industries confront stringent restrictions of regulatory and compliance standards, imposed by government regulatory authorities. Consequently, firms are required to train and update their staff in adhering to the regulatory and compliance standards, which means dealing with large volumes of annual regulatory updates and legal documents, including the processes and procedures involved. E-learning solutions offer a reliable means of providing training in regulatory and compliance standards to the company’s employees.

The research report titled “Distance Learning: A Global Outlook” announced by Global Industry Analysts, Inc., provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report briefly discusses the trends in the distance learning market, focusing primarily on e-learning and corporate e-learning. The report also recapitulates recent noteworthy mergers, acquisitions, and other strategic developments. Regional markets briefly abstracted include the United States, France, Germany, The UK, Japan, China, and India among others. Market discussions in the report are punctuated with fact-rich market data tables. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of companies worldwide.

For more details about this comprehensive industry report, please visit –
http://www.strategyr.com/Distance_Learning_Industry_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

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Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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