About the Generic E-Learning Courses Market
E-learning refers to learning through electronic gadgets, such as PCs, notebooks, and tablets. It is backed by ICT that enables users to learn 24/7 learning from any access point. The curriculum of e-learning includes archived and real-time information. There is no set standard of e-learning method used in the education market. Differentiation is primarily based on the type of content delivered and the mode of instruction, which could be classroom based, virtual, or blended learning environment.
Generic e-learning courses are standard courses offered by service providers, educational institutions, and experts. These courses are prepared as per the standard curriculum, which is universal for a given subject or topic.
Technavio’s analysts forecast the global generic e-learning courses market to grow at a CAGR of 11.08% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global generic e-learning courses market for 2016-2020. To calculate the market size, the report considers the revenue generated through the sales of generic e-learning courses for a fee or subscription. Self-paced generic e-learning courses were not considered while calculating the market size. While calculating the revenue generated in the market, the following components were considered.
Technavio Announces the Publication of its Research Report – Global Generic E-Learning Courses Market 2016-2020
Technavio recognizes the following companies as the key players in the global generic e-learning courses market: Cegos, Macmillan Learning, Pearson Education, and Skillsoft.
Other Prominent Vendors in the market are: Atomic Training, Cisco Systems, City & Guilds Group, DuPont Sustainable Solutions, eJ4, GP Strategies, Harvard Business Publishing, Inspired eLearning, LearnSmart, NIIT, Premier IT, Vado, Vivid Learning Systems, Vubiz, and Yukon Learning.
Commenting on the report, an analyst from Technavio’s team said: “A key trend which is boosting market growth is the opportunity offered by mobile learning. In the academic sector, mobile devices like e-readers, smartphones, and tablets are substituting notebooks and desktops as the medium of digitized knowledge delivery. One of the reasons for their growing popularity is that they make easy accessibility of information anywhere and anytime, making education more flexible. Mobile and web-based applications now include superior features like interactive graphics and animation to complement the written learning content.”
According to the report, a key driver for the rising demand in the e-learning market is the increased funding for the education sector. The education sector worldwide is set to observe dynamic changes in the way information and knowledge are shared, with the growing phenomenon of digitization. Governments worldwide are focusing on this new aspect of education and are making efforts in implementing changes in their education system. For instance, in 2015, the K-12 education segment had spent $4.56 billion on IT while the higher education segment spent $6.38 billion. Further, the Federal Communications Commission (FCC) in collaboration with the US Department of Education developed a digital textbook playbook, which was launched in 2013.
Further, the report states that one challenge that is likely to hamper market growth is the threat from MOOCs and self-paced packaged content market. These open sources allow an unlimited number of users to take part free of charge. MOOCs are holistic in nature, covering broad aspects of a given subject. Therefore, for certain generic courses, users would enroll for the relevant open source course and refer to freely downloadable online publications.
Cegos, Macmillan Learning, Pearson Education, Skillsoft, Atomic Training, Cisco Systems, City & Guilds Group, DuPont Sustainable Solutions, eJ4, GP Strategies, Harvard Business Publishing, Inspired eLearning, LearnSmart, NIIT, Premier IT, Vado, Vivid Learning Systems, Vubiz, Yukon Learning.