|[October 31, 2018]
Global Self-paced E-learning Market 2019-2023 | Growing Popularity of Microlearning to Boost Demand | Technavio
The global self-paced e-learning market 2019-2023 is expected to post a
CAGR of more than 2% during the forecast period, according to the latest
market research report by Technavio.
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Technavio predicts the global self-paced e-learning market to post a CAGR of more than 2% by 2023. (Graphic: Business Wire)
A key factor driving the growth of the market is the increased adoption
of online learning. The adoption of e-learning across end-users ranging
from institutional to individual learners is because of the various
benefits offered by the online mode of learning. These benefits include
flexibility of timelines and increased accessibility along with the ease
of integration with various support solutions such as Learning
Management System (LMS), Learning Content Management System (LCMS),
Enterprise Resource Planning (ERP), CMS, and others.
This market research report on the global
self-paced e-learning market 2019-2023 also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period. Technavio classifies an emerging
trend as a major factor that has the potential to significantly impact
the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time
market snapshot before purchasing
In this report, Technavio highlights the growing popularity of
microlearning as one of the key emerging trends in the global self-paced
Global self-paced e-learning market: Growing
popularity of microlearning
Microlearning refers to learning that uses the bite-sized content. It is
gaining prominence in the corporate training sector owing to its small
size and fast completion rate. Microlearning modules are easy to create
as they consist of small chunks of information and can include short
videos, infographics, and even audio. The growing importance and
adoption of mobile devices such as tablets, smartphones, and other
devices for learning have also made microlearning the appropriate choice
for organizations opting for e-learning solutions.
"Owing to the rising penetration of mobile learning in the education
sector, there has been a significant increase in the number of mobile
applications that enable self-paced e-learning. One such example of
microlearning apps is Google's (News - Alert) Primer app. This app enables self-paced
completion of its modules and teaches new digital marketing skills to
learners within a couple of minutes," says a senior analyst at
Technavio for research on education technology.
Global self-paced e-learning market:
This market research report segments the global self-paced e-learning
market by product (packaged content and services) and geographical
regions (APAC, EMEA, and the Americas).
The Americas led the market in 2017 with a market share of more than
48%, followed by APAC and EMEA respectively. Although APAC held the
smallest share of the market, it is expected to witness the maximum
increase in its market share over the forecast period.
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challenges, trends, and more.
Some of the key topics covered in the report include:
Market segmentation analysis
Market size and forecast
Five Forces Analysis
Key leading countries
Market positioning of vendors
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View source version on businesswire.com: https://www.businesswire.com/news/home/20181031005531/en/
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