Self-paced E-learning Market size to grow by USD 6,960.68 million from 2022 to 2027; the availability of subject proficiency assessments and certifications to boost market growth - Technavio

NEW YORK, June 7, 2023 /PRNewswire/ -- The self-paced e-learning market is set to grow by USD 6,960.68 million from 2022 to 2027. The market is estimated to be progressing at a CAGR of 2.64% during the forecast period. The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the availability of subject proficiency assessments and certifications. Assessments of these courses help in evaluating the level of proficiency of learners in a subject. Also, they aid in building the learner's awareness about their progress in learning a subject or concept, enabling learners to re-study the sections of subject content in which they have scored less during an assessment or test. Hence, regular assessments on the knowledge and proficiency in a subject and related certification are expected to be one of the major driving factors for the growth of the market during the forecast period. Here is an Exclusive report talking about Market scenarios with a historical period (2017-2021) and the forecast period (2023-2027). Download Sample Report in minutes!

The self-paced e-learning market covers the following areas:

Self-paced E-learning Market Sizing
Self-paced E-learning Market Forecast
Self-paced E-learning Market Analysis

The report on the self-paced e-learning market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

Self-paced E-learning Market 2023-2027 - Market Dynamics

Significant Trends

• The increased emphasis on microlearning is an emerging self-paced E-learning market trend that is expected to have a positive impact. 
• Given its small size and fast completion rate, microlearning is gaining prominence in the corporate training sector. It is the provision of focused, short nuggets that are ideal to deal with training challenges that occur due to the short attention span of learners. 
• The growing importance and adoption of mobile devices to learn have also made microlearning the appropriate choice for organizations that opt for e-learning solutions.
• Hence, such factors will increase the market growth during the forecast period.

Major Challenges

• The number of free online courses and free online content is a major challenge impeding the growth of the market during the forecast period.
• Due to the growing adoption of MOOCs that offer partially free courses to end-users, the adoption of open-source solutions is rapidly increasing. For instance, Companies such as edX and Lynda.com (a part of LinkedIn) offer several MOOCs to students, and in 2021, edX announced that it had added seven million new learners to its customer base.
• Furthermore, the increase in the number of open-source learning platforms such as Moodle, Docebo, and Sakai, which offer content authoring capabilities, also poses a threat to the various vendors of self-paced e-learning services as well as content creation services.
• Hence, such challenges impede market growth during the forecast period.

What's New? -

• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession
• Global competitiveness and key competitor positions
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - Buy the report!

Self-paced E-learning Market 2023-2027: Market Segmentation

The self-paced e-learning market analysis includes segments including product (packaged content and services), end-user (students and employees), and geography (North America, APAC, Europe, South America, and Middle East and Africa).

• The market share growth by the packaged content segment will be significant during the forecast period. A major factor for the growth is the increasing demand for personalized content and off-the-shelf courses from the post-secondary education segment and the corporate sector. The segment comprises on-demand, off-the-shelf content that is provided by vendors. Furthermore, the adoption of packaged self-paced e-learning content is rising due to the increasing demand for effective, contextualized, and precise content from both students and employees. Hence, such factors drive segment growth during the forecast period.

This report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters- View Sample Report
 

Companies Mentioned

• 2U Inc.
• Anthology Inc.
• Berlitz Corp.
• Cerritos College
• City and Guilds Group
• D2L Corp.
• e Careers Ltd.
• Encompass Safety Solutions Ltd.
• iEnergizer
• John Wiley and Sons Inc.
• Learning Technologies Group Plc
• NIIT Ltd.
• Pearson Plc
• Simplilearn Solutions Pvt. Ltd.
• StraighterLine Inc.
• Think and Learn Pvt. Ltd.
• Totara Learning Solutions Ltd.
• Udemy Inc
• Vedantu Innovations Pvt. Ltd.
• Houghton Mifflin Harcourt Co.

Vendor Offerings

• 2U Inc. - The company offers self-paced E-learning solutions through short courses, boot camps, and evaluation programs. 
• Anthology Inc. - The company offers a self-paced E-learning solution called Blackboard Learn through engaging and monitoring assessments, quickly actionable displays, and collaborative learning with educators. 
• Berlitz Corp. - The company offers self-study Language eLearning services through digital assessments, collaborative training modules, and placement tests. 

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The predicted growth of the e-learning market size from 2021 to 2026 is USD 1.72 trillion at a progressing CAGR of 16.35%. This market research report extensively covers market segmentation by End-user (Higher education, Corporate, and K-12) and Geography (APAC, MEA, North America, South America, and Europe). The learning process enhancements in the academic sector is notably driving the market growth.

The United States E-learning market size is estimated to grow by USD 48.4 billion between 2022 and 2027 at a CAGR of 16.39% between 2022 and 2027. This report extensively covers market segmentation by product (content, technology, and services), end-user (higher education, corporate, and K12), and deployment (on-premise and cloud). The evolved learning and education landscape is notably driving market growth.

Key Topics Covered:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global self-paced E-learning market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on global self-paced e-learning market 2017 - 2021 ($ million)

• 4.2 Product Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.3 End-user Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

• 6.1 Market segments 
• Exhibit 30: Chart on Product - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Product - Market share 2022-2027 (%)

• 6.2 Comparison by Product 
• Exhibit 32: Chart on Comparison by Product
• Exhibit 33: Data Table on Comparison by Product

• 6.3 Packaged content - Market size and forecast 2022-2027
• Exhibit 34: Chart on Packaged content - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Packaged content - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Packaged content - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Packaged content - Year-over-year growth 2022-2027 (%)

• 6.4 Services - Market size and forecast 2022-2027
• Exhibit 38: Chart on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Services - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Services - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Services - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Product 
• Exhibit 42: Market opportunity by Product ($ million)
• Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 44: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 45: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 46: Chart on Comparison by End-user
• Exhibit 47: Data Table on Comparison by End-user

• 7.3 Students - Market size and forecast 2022-2027
• Exhibit 48: Chart on Students - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Data Table on Students - Market size and forecast 2022-2027 ($ million)
• Exhibit 50: Chart on Students - Year-over-year growth 2022-2027 (%)
• Exhibit 51: Data Table on Students - Year-over-year growth 2022-2027 (%)

• 7.4 Employees - Market size and forecast 2022-2027
• Exhibit 52: Chart on Employees - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Data Table on Employees - Market size and forecast 2022-2027 ($ million)
• Exhibit 54: Chart on Employees - Year-over-year growth 2022-2027 (%)
• Exhibit 55: Data Table on Employees - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 56: Market opportunity by End-user ($ million)
• Exhibit 57: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 59: Chart on Market share by geography 2022-2027 (%)
• Exhibit 60: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 61: Chart on Geographic comparison
• Exhibit 62: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 APAC - Market size and forecast 2022-2027
• Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.5 Europe - Market size and forecast 2022-2027
• Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• Exhibit 91: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 92: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 94: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 India - Market size and forecast 2022-2027
• Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 103: Market opportunity by geography ($ million)
• Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 105: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 107: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 108: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 109: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 110: Matrix on vendor position and classification

• 12.3 2U Inc. 
• Exhibit 111: 2U Inc. - Overview
• Exhibit 112: 2U Inc. - Business segments
• Exhibit 113: 2U Inc. - Key news
• Exhibit 114: 2U Inc. - Key offerings
• Exhibit 115: 2U Inc. - Segment focus

• 12.4 Anthology Inc. 
• Exhibit 116: Anthology Inc. - Overview
• Exhibit 117: Anthology Inc. - Product / Service
• Exhibit 118: Anthology Inc. - Key offerings

• 12.5 Berlitz Corp. 
• Exhibit 119: Berlitz Corp. - Overview
• Exhibit 120: Berlitz Corp. - Product / Service
• Exhibit 121: Berlitz Corp. - Key offerings

• 12.6 Cerritos College 
• Exhibit 122: Cerritos College - Overview
• Exhibit 123: Cerritos College - Product / Service
• Exhibit 124: Cerritos College - Key offerings

• 12.7 City and Guilds Group 
• Exhibit 125: City and Guilds Group - Overview
• Exhibit 126: City and Guilds Group - Product / Service
• Exhibit 127: City and Guilds Group - Key offerings

• 12.8 D2L Corp. 
• Exhibit 128: D2L Corp. - Overview
• Exhibit 129: D2L Corp. - Product / Service
• Exhibit 130: D2L Corp. - Key news
• Exhibit 131: D2L Corp. - Key offerings

• 12.9 e Careers Ltd. 
• Exhibit 132: e Careers Ltd. - Overview
• Exhibit 133: e Careers Ltd. - Product / Service
• Exhibit 134: e Careers Ltd. - Key offerings

• 12.10 Houghton Mifflin Harcourt Co. 
• Exhibit 135: Houghton Mifflin Harcourt Co. - Overview
• Exhibit 136: Houghton Mifflin Harcourt Co. - Product / Service
• Exhibit 137: Houghton Mifflin Harcourt Co. - Key offerings

• 12.11 iEnergizer 
• Exhibit 138: iEnergizer - Overview
• Exhibit 139: iEnergizer - Business segments
• Exhibit 140: iEnergizer - Key offerings
• Exhibit 141: iEnergizer - Segment focus

• 12.12 John Wiley and Sons Inc. 
• Exhibit 142: John Wiley and Sons Inc. - Overview
• Exhibit 143: John Wiley and Sons Inc. - Business segments
• Exhibit 144: John Wiley and Sons Inc. - Key offerings
• Exhibit 145: John Wiley and Sons Inc. - Segment focus

• 12.13 Learning Technologies Group Plc 
• Exhibit 146: Learning Technologies Group Plc - Overview
• Exhibit 147: Learning Technologies Group Plc - Business segments
• Exhibit 148: Learning Technologies Group Plc - Key news
• Exhibit 149: Learning Technologies Group Plc - Key offerings
• Exhibit 150: Learning Technologies Group Plc - Segment focus

• 12.14 NIIT Ltd. 
• Exhibit 151: NIIT Ltd. - Overview
• Exhibit 152: NIIT Ltd. - Product / Service
• Exhibit 153: NIIT Ltd. - Key news
• Exhibit 154: NIIT Ltd. - Key offerings

• 12.15 Pearson Plc 
• Exhibit 155: Pearson Plc - Overview
• Exhibit 156: Pearson Plc - Business segments
• Exhibit 157: Pearson Plc - Key offerings
• Exhibit 158: Pearson Plc - Segment focus

• 12.16 Think and Learn Pvt. Ltd. 
• Exhibit 159: Think and Learn Pvt. Ltd. - Overview
• Exhibit 160: Think and Learn Pvt. Ltd. - Product / Service
• Exhibit 161: Think and Learn Pvt. Ltd. - Key offerings

• 12.17 Udemy Inc 
• Exhibit 162: Udemy Inc - Overview
• Exhibit 163: Udemy Inc - Business segments
• Exhibit 164: Udemy Inc - Key offerings
• Exhibit 165: Udemy Inc - Segment focus

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 166: Inclusions checklist
• Exhibit 167: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 168: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 169: Research methodology
• Exhibit 170: Validation techniques employed for market sizing
• Exhibit 171: Information sources

• 13.5 List of abbreviations 
• Exhibit 172: List of abbreviations

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