NEW YORK , Aug. 9, 2024 /PRNewswire/ -- The global self-paced e-learning market size is estimated to grow by USD 6.17 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 2.31% during the forecast period. Availability of subject proficiency assessments and certifications is driving market growth, with a trend towards growing popularity of microlearning.
However, increase in number of free online courses poses a challenge. Key market players include 2U Inc., Anthology Inc.
, Berlitz Corp., Cerritos College , City and Guilds Group, D2L Inc., e Careers Ltd.
, Encompass Safety Solutions Ltd., Houghton Mifflin Harcourt Co., iEnergizer Ltd.
, John Wiley and Sons Inc., Learning Technologies Group Plc, NIIT Ltd., Pearson Plc, Simplilearn, StraighterLine Inc.
, Think and Learn Pvt. Ltd., Totara Learning Solutions Ltd.
, Udemy Inc., and Vedantu Innovations Pvt. Ltd.
. Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report Market Driver The self-paced e-learning market is witnessing a notable trend towards microlearning. Microlearning refers to the delivery of small, focused learning modules that can be completed in a short amount of time.
This approach is gaining popularity in both the corporate and individual learning sectors. In the corporate world, microlearning is particularly useful for addressing the short attention spans of learners and can be easily integrated into mobile devices.