E-learning Authoring Tools Software Industry - Regional Synopsis
North American Market Forecast
North America industry is expected to account for largest revenue share of 41% by 2037, impelled by the growing demand for businesses to create interactive as well as engaging content for the employees, as the demand for the eLearning industry is expected to grow up to 10% yearly. Furthermore, the growth in the upgrade of technological advancements in universities and institutions in this region. According to a report by GSMA, in 2021, more than 329 million people subscribed to mobile services, which is about 84% of the total population of this region, such factors are expected to fuel the demand for eLearning authoring tools and software in the region.
APAC Market Statistics
The Asia Pacific e-learning authoring tools software market is estimated to be the second largest, during the forecast period led by the availability of the internet in low-cost access and higher adoption of robotics and modern mechanics, this in return raises the demand for this industry. Furthermore, there is an increasing demand for the customization of learning solutions and the content of multiple languages for catering the diverse audiences.