eLearning Market To Hit $52.6 Billion by 2010

An already strong foothold in the enterprise sector, e-learning is advancing with the times, in the K-12 and higher education teaching and learning environment, according to San Jose, California, a global market research industry analysts said that the projects global e-learning market will be more than 52.6 US dollars million, in 2010.

Is already in 2007, the e-learning market in the United States 17.5 billion US dollars according to the "e-learning: a global business strategy report", a new report released recently by the global industry analyst. Apart from the size of the market, the report covers the market trends, challenges, and promote the market forces, technology, personnel and the types of end-user profiles by the use of e-learning geography.

While Europe and Japan lag behind the adoption of e-learning compared to the United States (the American Enterprise adoption of e-learning, 60% of the market, while the European market accounts for 15 per cent), overall usage of e-learning in Asia is expected to reach compound annual growth rate of 25 percent to 30 percent, in 2010, according to the company. The employment rate of the rest of the world should reach 15% and 30%, the report said.

Main driving force in the use of e-learning is a growing number of solutions and services. However, the report also warned that, due to the lack of interoperability standards could stifle e-learning growth.

Read more: Global Industry analysts