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E-learning, or electronic learning, refers to the use of technology to study and/or do skills training.
Such concept needs a computer or any other device with an internet connection just so data can be transferred between sources.
The biggest benefit of e-learning is that is allows students and/or workers to take their degrees from home or any other place and at a time that best suits their schedule.
It is also cheaper than normal studies as usually books are not required and most of the material is available on web based platforms.
The e-learning market is worth over $100bn and its two major markets are Eastern Europe, driven by Russia, and Asia-Pacific, driven by India, Malaysia, China and Australia.
The worldwide market for mobile learning products and services reached $5.3bn in 2012 and with a CAGR of 18.2% it is estimated that this market will reach $12.2bn by 2017.
According to the eLearning Industry, the online corporate market is expected to grow by 13% per year up to 2017.