Increase in Demand for Language Learning Products Set to Boost the Global Self-Paced E-Learning Market Until 2020, Says Technavio

LONDON--()--According to the latest research study released by Technavio, the global self-paced e-learning market is expected to reach over USD 50 billion in revenue by 2020.

This research report titled ‘Global Self-paced E-learning Market 2016-2020’, provides an in-depth analysis of market growth in terms of revenue and emerging market trends. To calculate the market size, the report considers revenue generated through the sales of self-paced e-learning courses and related services for a fee or through subscription to individual learners.

Request sample report: http://bit.ly/1TSVnRI

“The market is witnessing a great demand for digital language learning products which is propelling the demand for self-paced e-learning. Until 2014, because of the presence of a significant number of immigrants, the US had been the largest buyer of digital English products. This trend will likely spread to other regions as well and support the growth of this market over the next four years,” said Jhansi Mary, one of Technavio’s lead analysts for education technology research.

Global self-paced e-learning market by learning methodologies 2015

 

• Blended

52%

• Synchronous

27.75%

• Asynchronous

20.25%
 

Source: Technavio research

 

Global self-paced e-learning market by blended learning

Blended learning is the hybrid model of two or more teaching methods. Based on factors such as learning outcome requirements, availability of digital infrastructures, teaching topics, audience, computer literacy awareness, and level of interaction required. The trainer or the teacher can adopt these elements and create their blended training models.

The global self-paced e-learning market by blended learning was valued at USD 23.39 billion in 2015. Blended learning is the most common and preferred mode of online learning worldwide. Here, the learner is assigned to a designated instructor through a brick-and-mortar facility and the learning pedagogy includes some online courses. This method is mostly popular in corporate training, whereas in the education sector its prevalence is more in the higher education segment. It is predominantly opted for structured curriculum programs.

The trend for blended learning is significantly noticeable in France, China, and Japan. The national and state governments in China, Japan, and India are promoting and investing in the digitization of education. Although emerging nations are struggling with inadequate infrastructure facilities, they are also making rigorous efforts to overcome these challenges and further accelerate the growth of blended learning.

Global self-paced e-learning market by synchronous learning

Synchronous learning consists of apps and platforms that provide learning options through seamless real-time chats, video discussions that can facilitate peer-to-peer discussions, and educator-to-student exchanges that replicate social connections, learning support, and feedback sessions.

The global self-paced e-learning market by synchronous learning was valued at USD 12.48 billion in 2015. The segment has been growing exponentially as it is by and large substituting classroom learning. It is ideal for courses that require real-time guidance and instructions from faculty. During self-paced learning programs, learners have the option to receive immediate feedback from their mentors, which helps learners improve immediately. Hence, its enhancement features and technical skills that require a continuous assessment to ensure the effectiveness of learning outcomes is accelerating its growth.

Global self-paced e-learning market by asynchronous market

The global self-paced e-learning market by asynchronous learning was valued at USD 9.11 billion in 2015. Asynchronous learning is also called location-independent learning and is based on the idea that students learn the same course content across different locations and time. Asynchronous learning facilitates personalized learning at the pace of the learner's comfort. As it does not involve real-time interactions and discussions, the learner is only required to share insights and required assignments as per the structured course calendar. Such learning is convenient for learners who have strict time constraints.

Effective and consistent communications and updates and disciplined learning behavior from individuals are essential for the successful completion of subjects under asynchronous learning. The asynchronous learning method will continue to sustain because of the increased demand for unregulated, less complex, and self-explanatory courses. These are essential for personal development and can be with minimal guidance and intervention.

Browse related reports:

Purchase these three reports for the price of one by becoming a Technavio subscriber. Subscribing to Technavio’s reports allows you to download any three reports per month for the price of one. Contact enquiry@technavio.com with your requirements and a link to our subscription platform.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

According to the latest research study released by Technavio, the global self-paced e-learning market is expected to reach over USD 50 billion in revenue by 2020.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com