Cloud-based Virtual Learning Platform Market By Type (Cloud-based Virtual Learning Platform), By Application (Higher education institutions, K-12 schools), and By Region - Overall In-depth Analysis, Global Market Share, Top Trends, Professional & Technical Industry Insights 2020 - 2026
— Cloud-based virtual learning platform refers to an online teaching platform. With the assistance of such platforms, the education institutions can present remedial teaching services via a web-based portal rather than traditional face-to-face teaching approaches to its students. Cloud-based virtual learning platforms are database driven and have tutoring & content delivery with teamwork features for the interaction of student and tutor. A cloud-based virtual learning platform encourages colleges, institutions, and schools to perform virtual classes without impacting the student engagement, interactivity, and collaborative learning.
On account of the increasing reliability of e-learning, the inclination toward distance education modes and online has been increasing. This, in turn, has compelled the education technology companies and educators to create solutions for making virtual learning more efficient. As virtual learning platforms inspire organizations to carry out virtual classes without the need to comprise aspects such as interactivity, student engagement, implementation & maintenance costs, and collaborative learning, they are progressively being integrated with cloud computing to improve the overall procedure of learning for the students. Further, the market players are spending in R&D to develop industry-specific software thus driving the growth of the global cloud-based virtual learning platform market.
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The global cloud-based virtual learning platform market is bifurcated based on end-use and region. Based on end-use, the market is segregated into K-12 schools and higher education institutions. Among these, the market is expected to be governed by the higher education institutions segment during the forecast period on account of the accessibility to a huge digit of universities having online certification and post-graduate courses. Further, the acquisition of numerous educational hardware, such as projectors, tablets, and Interactive Whiteboards (IWBs), is also anticipated to boost the segmental growth in the coming period.
Regionally, the global cloud-based virtual learning platform market is projected to be ruled by North America during the forecast period. This regional growth can be attributed to factors such as the accessibility of robust digital infrastructure in majority of colleges and schools across the United States.
The key players actively participating within the global cloud-based virtual learning platform market include Blackboard, BIS training, Skytaps, Calten Softlabs, Degreed, BizLibrary, WizIQ, and Moodle, among others. Various initiatives are been taken by the players to set a strong foot within the market. To cite, Blackboard Inc., in January 2019, declared that over 500 educational institutions are presetting online programs through the Software as a Service (SaaS) deployment of the company and now it is attempting to tie up with the institution situated in other regions to grow its business.
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The report segment of the global cloud-based virtual learning platform market as follows:
Global Cloud-based Virtual Learning Platform Market: By Type
Cloud-based Virtual Learning Platform
Global Cloud-based Virtual Learning Platform Market: By Application
Higher education institutions
Global Cloud-based Virtual Learning Platform Market: By Region
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East and Africa
Rest of Middle East & Africa
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Release ID: 88978192