LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global generic e-learning courses market to grow at a CAGR of close to 11% during the forecast period, according to their latest market research report.
The growing popularity of on-demand learning is one of the major trends being witnessed in the global generic e-learning courses market 2018-2022. On-demand learning refers to learning solutions available anytime and anywhere as and when required by the learner. It is also called just-in-time learning as the information required is quickly made available to learners in the form of a defined course structure, which may be unique to a job role or an organization. On-demand learning has numerous advantages in terms of increasing learning personalization, flexibility, and learning engagement.
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According to Technavio analysts, one of the key factors contributing to the growth of the global generic e-learning courses market is the cost advantage of generic courses:
Global generic e-learning courses market: Cost advantage of generic courses
Generic courses are designed based on universally accepted course curriculum. These courses are created in collaboration with subject matter experts, thus ensuring quality educational content.
According to a senior analyst at Technavio, “Generic courses can be used for compliance training, change management, negotiation skills, and effective customer handling. Thus, generic courses could be preferably used by startups and micro, small, and medium enterprises due to their budget constraints.”
Global generic e-learning courses market: Segmentation analysis
The global generic e-learning courses market research report provides market segmentation by end-user (academic institutes and corporates) and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.
Of the two major end-users, academic institutes and corporates, the academic institutes’ segment held the largest market share in 2017, contributing to over 58% of the market. This end-user segment will dominate the global market throughout the forecast period.
The Americas held the largest share of the market in 2017, accounting for close to 54% share, followed by EMEA and APAC 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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Market Sizing
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Five Forces Analysis
Market Segmentation
Geographical Segmentation
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Market Drivers
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Vendor Landscape
- Vendors covered
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