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Report on growing European eLearning market published

Friday, 28 September 2012
Report on growing European eLearning market published

Some impressive figures are mentioned in a report published on 25 September by New Ambient Insight. According to this study, the growth rate for Self-paced eLearning in Western Europe is 5.8% and revenues will reach $8.1 billion by 2016, up from $6.1 billion in 2011, according to this Insight report called, "The Western Europe Market for Self-paced eLearning Products and Services: 2011-2016 Forecast and Analysis." In this regional report, revenue forecasts are broken out for twenty-two countries: Spain, France, Germany, the Netherlands, Sweden, Switzerland, Denmark, Italy, Finland, Belgium, Norway, Poland, the United Kingdom, Hungary, Austria, Ireland, Slovakia, Greece, Bulgaria, Portugal, the Czech Republic, and Romania.

"While the aggregate growth rate in Western Europe is 5.8%, several countries have significantly higher growth rates. For example, the market in one country is growing at a breathtaking 37.6%," comments Sam S. Adkins, Chief Research Officer. "The countries with high growth rates are new markets offering suppliers significant new revenue opportunities. This is also true in Eastern Europe, which we cover in a separate report."

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