Global eLearning Market Plummets to $33.4 Billion by 2021: According to a New Free Report by Ambient Insight, Worldwide Self-paced eLearning Revenues Will Drop Dramatically by 2021

SEATTLE, Aug. 23, 2016 /PRNewswire-iReach/ -- The worldwide compound annual growth rate (CAGR) for Self-paced eLearning products is distinctly negative at -6.4%. Revenues will drop dramatically to $33.4 billion by 2021, a steep decline of $13.5 billion over the forecast period according to a new free report by Ambient Insight called "The 2016-2021 Worldwide Self-paced eLearning Market."

In 2016, global revenues for Self-paced eLearning reached $46.6 billion, down slightly from the $46.9 billion in 2015. By 2021, worldwide revenues for eLearning will plummet to $33.4 billion.

"Due to the steep decline in the Self-paced eLearning industry, Ambient Insight will no longer publish commercial syndicated reports on eLearning," reports Chief Research Officer, Sam S. Adkins. "In a rapidly declining product market, there is essentially no demand for commercial...