{"id":25,"date":"2018-10-04T21:41:51","date_gmt":"2018-10-05T04:41:51","guid":{"rendered":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/?page_id=25"},"modified":"2018-10-05T17:43:31","modified_gmt":"2018-10-06T00:43:31","slug":"side-5-market-status","status":"publish","type":"page","link":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/side-5-market-status\/","title":{"rendered":"Face 5: Market Status"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The e-learning sector has witnessed impressive growth in recent decades. \u00a0The Global E-learning Market accounted for $165.21 billion in 2015 and is predicted to reach $275.10 billion by 2022 (<\/span><a href=\"https:\/\/www.reuters.com\/brandfeatures\/venture-capital\/article?id=11353\"><span style=\"font-weight: 400;\">Costello, 2017<\/span><\/a><span style=\"font-weight: 400;\">). \u00a0Factors favouring market growth include increased favorability of flexible learning, low cost, improved accessibility and effectiveness of online learning platforms, increased number of internet users and growing number connected mobile devices (<\/span><a href=\"https:\/\/www.reuters.com\/brandfeatures\/venture-capital\/article?id=11353\"><span style=\"font-weight: 400;\">Costello, 2017<\/span><\/a><span style=\"font-weight: 400;\">). \u00a0<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" src=\"http:\/\/www.spanglobalservices.com\/blog\/wp-content\/uploads\/2016\/01\/technology-marketing-best-practices.jpg\" width=\"424\" height=\"265\" \/><br \/>\n<span style=\"font-weight: 400;\">IXL is a private company that has an estimated annual revenue of 8.8 million in the e-learning sector (<\/span><a href=\"https:\/\/www.owler.com\/company\/ixl\"><span style=\"font-weight: 400;\">Owler.com<\/span><\/a><span style=\"font-weight: 400;\">). \u00a0IXL Learning\u2019s top three competitors include TenMarks, Tabor math and PracTutor. \u00a0It should be noted that TenMarks\u2019 market share is 3.6 times more revenue than IXL while Tabor and PracTutors each generate about half as much revenue as \u00a0IXL (<\/span><a href=\"https:\/\/www.owler.com\/company\/ixl\"><span style=\"font-weight: 400;\">Owler.com<\/span><\/a><span style=\"font-weight: 400;\">). \u00a0\u00a0<\/span><\/p>\n<p>Up Next: <a href=\"https:\/\/blogs.ubc.ca\/ixlanalystreport\/face-6-competition\/\">Competition<\/a><\/p>\n<p>Back: <a href=\"https:\/\/blogs.ubc.ca\/ixlanalystreport\/sample-page\/\">Home<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The e-learning sector has witnessed impressive growth in recent decades. \u00a0The Global E-learning Market accounted for $165.21 billion in 2015 and is predicted to reach $275.10 billion by 2022 (Costello, 2017). \u00a0Factors favouring market growth include increased favorability of flexible learning, low cost, improved accessibility and effectiveness of online learning platforms, increased number of internet [&hellip;]<\/p>\n","protected":false},"author":47611,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-25","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/pages\/25","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/users\/47611"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/comments?post=25"}],"version-history":[{"count":5,"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/pages\/25\/revisions"}],"predecessor-version":[{"id":67,"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/pages\/25\/revisions\/67"}],"wp:attachment":[{"href":"https:\/\/blogs.ubc.ca\/ixlanalystreport\/wp-json\/wp\/v2\/media?parent=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}