He further added, towards that extent, we have earmarked a $100 mn amount for investment in india's e-learning sector and the acquisition of smartclass is a logical first step for ebix to. The current estimated value of the indian retail sector is about 500 billion usd and is pegged to reach 13 trillion usd by 2020 2retail industry in indiathe total concept and idea of shopping has undergone a vast drawing change in terms of format and consumer buying behavior, ushering in a revolution in shopping in india. Learners india is providing the best maths learning app for high school students it is the most recommended e learning app for students which help to study complex maths concepts in easy methods. The indian e-commerce industry has been on an upward growth trajectory and is expected to surpass the us to become the second largest e-commerce market in the world by 2034 the e-commerce market is expected to reach us$ 64 billion by 2020 and us$ 200 billion by 2026 from us$ 385 billion as of 2017. (menafn editorial) video analytics market is anticipated to reach over usd 254 billion by 2026 according to a new research published by polaris marke.
The retail sector is also showing a promising trend of 11% cagr and is expected to reach usd 1 trillion by 2020 india ecommerce statistics: industry the indian. The gamification market is estimated to reach a value of 1110 billion usd by 2020 and game-based learning revenue will surge to $81 billion by 2022 these upcoming digital learning trends are certainly promising and will change the face of learning for modern learners. Beas dev ralhan, ceo & co-founder, next education india pvt ltd quoted according to a report by global market insights, the global e-learning market was valued at over usd 165 million in 2015 and is expected to grow at over 5% from 2016 to 2023, exceeding usd 240 million. Increase in importance of e-learning in corporate & academic set-ups, proactive government initiatives to promote e-learning in the developing markets, and rise in number of mobile learning applications are the major factors that fuel the smart education and learning market growth.
Increased acceptance of e-learning in corporate & academic set-ups, proactive government initiatives for the promotion of e-learning in the developing markets, technological advancements in smart. India's government e-marketplace: making procurement simple ibef, knowledge centre the government e-marketplace (gem) is a national public procurement platform in india that was launched about two years back, in august 2016. So is online learning the future of education two of the largest e-learning markets online education could be used to reach the last group of citizens.
Research nester is a leading service provider for strategic market research and consulting, serving clients from 120+ countries across the globe. Global e-learning market size, by application, 2016 and 2024 (usd billion) increasing adoption of training solutions in the corporate landscape, irrespective of their industry vertical, is a major factor promoting the e-learning market growth. The global e-learning market is estimated to be $ 16536 billion in 2014 and is poised to grow at a cagr of 508% to reach $2438 billion by 2022 the key factors that are favoring the market growth are flexibility in learning, low cost, easy accessibility, increased effectiveness by animated.
Global e-learning market to reach us$107 billion by 2015, according to new report by global industry analysts, inc 2014 training industry report ambient insight premium report: the 2012-2017 worldwide mobile learning market forecast. Our work ranges from interactive game-based e-learning to transformational technology rollouts to improve learning reach and effectiveness create industry. The e-learning software industry has also the market size of the e-learning software will reach xxxx 433 india e-learning software market size and market.
Market research future is one of the leading publishers of business market research reports providing one stop consulting solution with optimum quality industry analysis that help businesses thrive in disruptive, fast paced evolving marketplace. Whitepaper on digital learning market in india be it in the it industry, bpos, kpos or even start-ups, constant , is expected to reach us $180 bn by 2020.
To reach the usd 196 billion mark in 2021 this growth will be backed supplement to school learning for online education in india: 2021. India aerospace & defense market to reach more than usd 23 billion by 2024, growing at 5%+ cagr the foreign players in the industry are thales group, honeywell international, northrop grumman. In terms of edtech products, digital e-learning content and learning management systems constitute xxxx% of the market, followed by edtech enablers at xxxx%, and edtech hardware at xxxx% the market is expected to grow at a cagr of xxxx%, and reach us$ xxxx billion by the end of 2020. Billion by 2020let's see what will be the dominating trends in the e-learning market in 2016: 1 so there you have it, the top 7 e-learning trends for 2016 the global lms market is on an ascendent pace, being set to reach a whooping usd 1134 that's quite a number, right.