About Self-paced E-learning
Self-paced E-learning means individuals can learn in their own time and schedule. They don’t need to complete the same assignments or learn at the same time as others. Individuals can proceed from one topic or segment to the next at their speed. Recently, self-paced instruction has become more popular as education shifts from the traditional models to the Internet due to self-paced E-learning removes the time pressure that exists during live training. This has led to significant growth of the global self-paced E-learning market in the forecast period.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 4.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Self-paced E-learning 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.
2U Inc. (United States), City & Guilds Group (United Kingdom), D2L Corp. (Canada), Houghton Mifflin Harcourt Co. (United States), Instructure Inc. (United States), John Wiley & Sons Inc. (United States), NIIT Ltd. (India), Pearson Plc (United Kingdom), Providence Equity Partners LLC (United States) and Think & Learn Pvt. Ltd. (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Citrix System (United States), GP Strategies (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Self-paced E-learning market by Type (Packaged Content, Personalized Content and Off-The-Shelf Courses), Application (Students, Employees and Others) and Region.
On the basis of geography, the market of Self-paced E-learning 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 End User, the sub-segment i.e. Post-Secondary Education will boost the Self-paced E-learning market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Use of Machine Learning and AI
Market Growth Drivers:
Rising Demand for Effective, Contextualized, and Precise Content from both Students and Employee and Availability of Subject Proficiency Assessments and Certifications
Challenges:
Rising the Availability of Free Online Courses and Free Online Content Over the Internet
Restraints:
Growing Adoption of MOOCs
Opportunities:
Technological Development and Advancement in the Self-paced E-Learning and Rapid Adoption of Online Learning has Increased the Number of Educational Institutions Offering Online Distance Learning Courses
Market Leaders and their expansionary development strategies
In July 2023, The International Rice Research Institute (IRRI) is geared to transform the way we learn about water, land, and food systems with the launched of its open learning platform on July 4. IRRI Deputy Director General for Strategy, Engagement, and Impact, Joanna Kane-Potaka officially launched the platform during the IRRI Science Days.
In October 2023, A new online course has been launched which aims to provide maritime administration officers and trainees with the tools and knowledge required to conduct audits under the IMO Member State Audit Scheme (IMSAS). “Training for auditors under the IMO Member State Audit Scheme (Self-paced E-learning)” can be accessed via the IMO e-Learning platform.
Key Target Audience
Self-paced E-learning Providers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users 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.