New Market Report | Africa E-Learning Market Analysis, Size, Share, Trends And Industry Statistics, Forecasts, 2023-2030

(MENAFN- GlobeNewsWire - Nasdaq) Wilmington, Delaware, Sept. 26, 2023 (GLOBE NEWSWIRE) -- Africa E-learning Market was valued at US$ 900 million in 2023 and is expected to grow at a significant CAGR of over 15% over the forecast period of 2023-2030, according to the latest market report by RationalStat

Market Definition, Market Scope, and Report Overview

Many African countries are pursuing digital transformation initiatives, such as increasing internet availability and infrastructure. This has facilitated learners' access to e-learning platforms and content. The affordable availability of smartphones and tablets has improved access to digital learning tools. More Africans can now access instructional content through their own devices.

Courses from major colleges and institutions throughout the world are available on e-learning platforms. This has increased educational options for Africans, particularly those living in remote or underdeveloped areas. E-learning is regarded as an important instrument for skill development and professional development. Many Africans are resorting to online courses to boost their employability and learn new skills.

• According to a deep-dive market assessment by RationalStat, the Africa E-learning market has been analyzed on the basis of market segments, including product type, technology, sector, and geography/regions (including South Africa, Egypt, Sub-Saharan, Rest of Africa) . The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
• Market intelligence for the Africa E-learning market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
• In addition, the long-term sector and products/services 10-year outlook and its implications on the Africa E-learning market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Africa E-learning Market: Segmental and Market Share Analysis

• On the basis of technology, mobile learning accounted for the most market share since it is a type of remote education acquired via the Internet or network using personal mobile devices, such as smartphones and tablets, via mobile apps, social engagement, and online education hubs.
• On the basis of sector, due to the increasing popularity of e-learning among educational establishments and learning practices, post-secondary segment accounted for the region's greatest market share.

Report Synopsis

Report Metrics	Details
Base Year	2023
Forecast Period	2023-2030
Base Year Market Size	US$ 0.9 billion
Market Size Forecast	US$ 2.4 billion
Growth Rate	15%
Key Market Drivers	Increasing access to devices Various course availability on E-learning platforms
Companies Profiled	Coursera Udemy edX LinkedIn Learning Docebo S.p.A. Via Afrika Eneza Education LTD.

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Competition Analysis and Market Structure

Prominent companies and leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the Africa e-learning market include,

• In July 2020, The Indian Ministry of School Education and Literacy budgeted approximately US$7.52 billion (INR 558.4 billion) for Information and Communication Technology (ICT) infrastructure.

Some of the prominent players and suppliers operating and contributing significantly to the Africa E-learning market growth include Coursera, Udemy, edX, LinkedIn Learning, Docebo S.p.A., and Via Afrika, Eneza Education LTD., among others.

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RationalStat has segmented the Africa E-learning market based on product type, technology, sector and region

• Africa E-learning Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product Type

• Packaged Content
• Services
• Platforms

• Africa E-learning Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Technology

• Mobile Learning
• Simulation Based Learning
• Game Based Learning
• Learning Management System (LMS)
• Others

• Africa E-learning Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Sector

• K-12 Sector
• Post-Secondary
• Corporate and Government Learning
• Others

• Africa E-learning Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
  • Africa E-learning Market
    • South Africa
    • Egypt
    • Sub-Saharan
    • Rest of Africa

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Key Questions Answered in the E-learning Report:

• What will be the market value of the Africa E-learning market by 2030?
• What is the market size of the Africa E-learning market?
• What are the market drivers of the Africa E-learning market?
• What are the key trends in the Africa E-learning market?
• Which is the leading region in the Africa E-learning market?
• What are the major companies operating in the Africa E-learning market?
• What are the market shares by key segments in the Africa E-learning market?

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Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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About RationalStat LLC

RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.

RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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