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South Africa E-Learning Industry Revenue is Expected to Reach Over USD 490 Million by the Year Ending 2023: Ken ResearchGURUGRAM, India, April 30, 2019 /PRNewswire/ -- Key Findings
 Increase Usage of LMS (Learning Management System): The growing demand for online courses will lead to adoption of LMS by customers across various sectors. It has been anticipated that the share of LMS will reach over 55.0% by the year 2023E. Moreover, it is expected that corporate sector will contribute the highest revenue share to the overall E-Learning industry in South Africa by year end 2023E. Rising Demand of Open Courseware: Rising government initiatives towards education and many major Universities posting open online content would lead to an increase in the number of users of Open Courseware. The increase in number of MOOCs will largely contribute to this segments growth. In addition to this, it is anticipated that the number of home users will increase from 20.2% in 2018 to 21.4% in 2023E, with the increase in internet penetration and the number of mobile phone users in the country. Analysts at Ken Research in their latest publication "South Africa E-Learning Market Outlook to 2023 - By Content (Open Courseware, Customized Multimedia, Simulation Content and Online Test), By Technology (Learning Management System, Smart Classes, Smart Authoring Tools) By Sector (Corporate, Higher Education, K-12 and Vocational training) and By End Users (Corporate Enterprise, Home Users, Non-profit Organizations and Government)" believed that the E-Learning market in South Africa is expected to register a positive CAGR of 12.6% in terms of revenue during the forecast period 2018-2023E. The growth in number of Schools, students and working population in the country will further increase the demand of E-Learning services. Key Segments Covered By Content and Technology Services
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