United States, Rockville MD, June 27, 2022 (GLOBE NEWSWIRE) — According to a recently published report by Fact.MR, Fact.MR, a market research and competitive intelligence provider, the global e-Learning apps market is estimated to reach a valuation of US$ 476.5 billion by 2032, expanding at an impressive CAGR of 7.1%. Between 2017 and 2021, the market registered annual growth of 25.4%.
Learning process improvements in the academic sector are one of the primary drivers for the growth of the e-Learning apps market. Colleges and schools have transformed to digital classrooms from traditional classrooms by investing in basic software and hardware solutions. Advances in information technology (IT) have transformed communication and educational learning methods.
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Microlearning is on the rise and it’s predicted to have a beneficial impact on the e-Learning apps business in future years. Microlearning is defined as learning in little chunks. In microlearning, all of the course’s themes are broken down into smaller chunks, which includes texts, audio, videos, and infographics.
Additionally, gamification in e-Learning apps will be the Pandora box for e-Learning app companies. Further, with increasing global population share of the Gen Y (millennials)