About Generic E-Learning Courses
Generic e-learning courses consist of pre-built generic learning content on a particular subject, which is usually known as off-shelf content covering general topics like country regulations affecting many businesses in some way. It consists of ready-to-go e-learning modules requiring no additional content or customizable. The courses include team-building training, communication skills, compliance training, cybersecurity training, etc. The content covers topics dealing with mental health compliance, health and safety, performance management, IT, and microlearning.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Generic E-Learning Courses is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Generic E-Learning Courses market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Walkgrove Limited (United Kingdom), GP Strategies Corp. (United States), Skillsoft (Ireland), Pearson Education (United Kingdom), Cisco Networking Academy (United States), Vubiz (United States), Yukon Learning (United States) and ej4 (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Generic E-Learning Courses market by Type (Team-building Training, Communication Skills, Compliance Training, Cybersecurity Training and Others), Application (Academic, Corporate and Others) and Region.
On the basis of geography, the market of Generic E-Learning Courses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Components, the sub-segment i.e. Hardware will boost the Generic E-Learning Courses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Mental Health Compliance will boost the Generic E-Learning Courses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Introduction of Augmented and Virtual Reality in Generic E-Learning Courses and Increasing Use of Low-Cost Software Platform for Efficient and Creative Content Delivery
Market Growth Drivers:
Growing Demand for the Virtual Classrooms Dealing with It Infrastructure and Demand for E-learning from Educational Institutions
Challenges:
Stiff Competition in the Generic E-Learning Courses Market
Restraints:
Problems Associated with E-learning due to Lack of Consistent Concentration Hindering the Generic E-Learning Courses Market
Opportunities:
Increasing Awareness about the Distance Learning Boost the Generic E-Learning Courses
Market Leaders and their expansionary development strategies
In January 2020, HSI, a leader in Environmental Health and Safety (EHS) and workforce development software, training, and compliance solutions, announced it has acquired leading eLearning provider ej4. ej4 offers an online training curriculum for essential employee business skills and workplace compliance topics.
In January 2021, Learning solutions leader eLearning Brothers introduced The Rockstar Learning Platform, a digital learning platform that incorporates both LMS and LXP features, designed to provide a solution for today’s critical learning needs and challenges. These include everything from virtual onboarding and employee training to customer training, partner training, self-directed learning, upskilling, reskilling, cross-training, and virtual instructor-led training.
"Legal and regulatory requirements apply to all organizations. No matter what industry they operate in, organizations are governed by regulatory authorities. To meet these requirements, organizations have to ensure that their employees understand the legal framework that applies to their role. These laws and regulations are not company-specific. They apply to all companies throughout their industry or country of operation. It seems reasonable to first look for generic content when it comes to planning on compliance-based subjects."
Key Target Audience
Generic E-Learning Courses Providers, Generic E-Learning Courses Industry Association, Potential Investors, Regulatory Bodies, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.