Insight partners, in July 2021, secured a fundraising round for about 32 million USD with the Greek e-learning and the course production Learn Worlds, mainly to support the strategy for the customer satisfaction initiatives.
Lectora, in October 2023, announced their Lectora Inspire which is their latest iteration that showcases their upgraded mobile learning capabilities, content creation, and accessibility enhancements which are powered by artificial intelligence.
Author Credits: Abhishek Verma, Hetal Singh
Report ID: 3745
Published Date: Mar 27, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing adoption of Artificial Intelligence and Machine Learning and the increasing consumer demand for online learning are the major factors driving the growth of the market.
The market size of US E-learning Authoring Tools Software is anticipated to attain a CAGR of 14% over the forecast period, i.e., 2024-2036.
The major players in the market are Adobe Inc., Articulate Global Inc., Microsoft Corp., Trivantis Corp., iSpring Solutions Inc., Elucidant Ltd., Gomo Learning, DominKnow Inc., and others.
The cloud-based segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.