Lewes, DE -- (SBWIRE) -- 07/06/2016 -- Report forecast the global generic e-learning courses market to grow at a CAGR of 11.08% during the period 2016-2020.

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.

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.
- Courses
- Content

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America
- ROW

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.

Global Generic E-Learning Courses Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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.

Market driver
- Rise in IT funding in education sector
- For a full, detailed list, view our report

Market challenge
- Threat from MOOCs and self-paced packaged content market
- For a full, detailed list, view our report

Market trend
- Mobile learning
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages and 40 Exhibit "Global Self-Paced E-Learning Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by learning methodologies, Market segmentation by product, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Other prominent vendors, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-self-paced-e-learning-market-2016-2020

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