Market Overview:
The global digital self-paced online education market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for digital learning among students and professionals, rising adoption of e-learning by academic institutions, and growing demand for online courses among enterprises. The global digital self-paced online education market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into science and technology courses, entrepreneurship and business management courses, others. The entrepreneurship and business management courses segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to increasing demand for these courses among students and professionals worldwide. On the basis of application, the market is divided into individual learners and academic institutions; enterprisesand government organizations; media & entertainment sector; healthcare sector; BFSI sector; retail sector; travel & hospitality sector; IT & telecomsector ;and others (education). Among these applications segments, individual learners are anticipatedto hold a larger share in terms of revenue in 2018 due its high adoption rate across all regions globally .
Product Definition:
Digital self-paced online education is an educational model in which the learner sets their own learning pace and completes the coursework at their convenience. The importance of digital self-paced online education is that it allows learners to customize their learning experience, learn at their own pace, and work on assignments when they have time. This type of education is ideal for students who are working or have family responsibilities because they can study around their schedule.
Science and Technology Courses:
Science and technology courses are the fastest growing self-paced online education segment. The growth of this segment can be attributed to factors such as increasing number of e-learning providers, easy availability of educational material on science and technology through various media platforms, rising penetration rate of internet & smartphones among students all over the world. Additionally, increasing demand for customized learning content is also expected to drive market growth during the forecast period.
Entrepreneurship and Business Management Courses:
The global digital self-paced online education market size was valued at USD 2.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period.
Application Insights:
The individual learners segment held the largest share of over 70.0% in 2017. This can be attributed to growing penetration of smartphones, which has facilitated easy access to the internet and digital devices for learning purposes. Furthermore, rising disposable income levels in developing countries like India and China are expected to result in increased spending on education related products and services thereby driving growth during the forecast period.
The academic institutions segment is anticipated register significant growth at a CAGR of XX% from 2018 to 2030 owing to increasing demand for flexible scheduling options along with remote access features offered through web conferencing tools such as Google Hangouts, Microsoft Skype Meetings & Webex Meetings among others that facilitate real-time interactions between instructors and students across different locations without physical meetings or travel expenses involved.
Regional Analysis:
The global market is segmented into North America, Europe, Asia Pacific and Middle East & Africa. The U.S. dominates the global market in terms of revenue share owing to the presence of a large number of online education providers and high internet penetration rates coupled with easy availability of mobile based learning platforms in this region.
Asia Pacific is expected to be one of the fastest growing regions over the forecast period owing to increasing awareness about online learning among people and rapid technological advancements across countries such as China and India which have resulted into increased adoption rate for e-learning solutions worldwide including Massive Open Online Courses (MOOCs). Furthermore, government initiatives such as “Make in India†initiative by Indian government are encouraging enterprises across sectors such as manufacturing technology services etc.
Growth Factors:
- Increased demand for digital self-paced online education courses from students due to the flexibility and convenience offered by these courses.
- Proliferation of internet access and smartphones, which has made it easier for students to access educational content anytime, anywhere.
- Availability of a wide range of courses in different disciplines at affordable prices on digital platforms.
- Growing emphasis on lifelong learning and professional development among employees, which is driving demand for digital self-paced online education courses.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Self-Paced Online Education Market Research Report
By Type
Science and Technology Courses, Entrepreneurship and Business Management Courses, Others
By Application
Individual Learners and Academic Institutions, Enterprises and Government Organizations
By Companies
Coursera, edX, Pluralsight, Edureka, Alison, Udacity, Udemy, Miríadax, Jigsaw Academy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Digital Self-Paced Online Education Market Report Segments:
The global Digital Self-Paced Online Education market is segmented on the basis of:
Types
Science and Technology Courses, Entrepreneurship and Business Management Courses, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Individual Learners and Academic Institutions, Enterprises and Government Organizations
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Coursera
- edX
- Pluralsight
- Edureka
- Alison
- Udacity
- Udemy
- Miríadax
- Jigsaw Academy
Highlights of The Digital Self-Paced Online Education Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Science and Technology Courses
- Entrepreneurship and Business Management Courses
- Others
- By Application:
- Individual Learners and Academic Institutions
- Enterprises and Government Organizations
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Self-Paced Online Education Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital self-paced online education (DSOE) is a type of online learning in which students complete coursework at their own pace, with the ability to continue working on courses even when away from their computer. DSOE can be delivered in a variety of formats, including self-paced modules accessed through an online portal or software program, or synchronous group sessions facilitated by a tutor.
Some of the major players in the digital self-paced online education market are Coursera, edX, Pluralsight, Edureka, Alison, Udacity, Udemy, Miradax, Jigsaw Academy.
The digital self-paced online education market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Self-Paced Online Education Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Self-Paced Online Education Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Self-Paced Online Education Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Self-Paced Online Education Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Self-Paced Online Education Market Size & Forecast, 2018-2028
4.5.1 Digital Self-Paced Online Education Market Size and Y-o-Y Growth
4.5.2 Digital Self-Paced Online Education Market Absolute $ Opportunity
Chapter 5 Global Digital Self-Paced Online Education Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Self-Paced Online Education Market Size Forecast by Type
5.2.1 Science and Technology Courses
5.2.2 Entrepreneurship and Business Management Courses
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Self-Paced Online Education Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Self-Paced Online Education Market Size Forecast by Applications
6.2.1 Individual Learners and Academic Institutions
6.2.2 Enterprises and Government Organizations
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Self-Paced Online Education Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Self-Paced Online Education Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Self-Paced Online Education Analysis and Forecast
9.1 Introduction
9.2 North America Digital Self-Paced Online Education Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Self-Paced Online Education Market Size Forecast by Type
9.6.1 Science and Technology Courses
9.6.2 Entrepreneurship and Business Management Courses
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Self-Paced Online Education Market Size Forecast by Applications
9.10.1 Individual Learners and Academic Institutions
9.10.2 Enterprises and Government Organizations
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Self-Paced Online Education Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Self-Paced Online Education Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Self-Paced Online Education Market Size Forecast by Type
10.6.1 Science and Technology Courses
10.6.2 Entrepreneurship and Business Management Courses
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Self-Paced Online Education Market Size Forecast by Applications
10.10.1 Individual Learners and Academic Institutions
10.10.2 Enterprises and Government Organizations
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Self-Paced Online Education Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Self-Paced Online Education Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Self-Paced Online Education Market Size Forecast by Type
11.6.1 Science and Technology Courses
11.6.2 Entrepreneurship and Business Management Courses
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Self-Paced Online Education Market Size Forecast by Applications
11.10.1 Individual Learners and Academic Institutions
11.10.2 Enterprises and Government Organizations
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Self-Paced Online Education Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Self-Paced Online Education Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Self-Paced Online Education Market Size Forecast by Type
12.6.1 Science and Technology Courses
12.6.2 Entrepreneurship and Business Management Courses
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Self-Paced Online Education Market Size Forecast by Applications
12.10.1 Individual Learners and Academic Institutions
12.10.2 Enterprises and Government Organizations
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Self-Paced Online Education Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Self-Paced Online Education Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Self-Paced Online Education Market Size Forecast by Type
13.6.1 Science and Technology Courses
13.6.2 Entrepreneurship and Business Management Courses
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Self-Paced Online Education Market Size Forecast by Applications
13.10.1 Individual Learners and Academic Institutions
13.10.2 Enterprises and Government Organizations
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Self-Paced Online Education Market: Competitive Dashboard
14.2 Global Digital Self-Paced Online Education Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Coursera
14.3.2 edX
14.3.3 Pluralsight
14.3.4 Edureka
14.3.5 Alison
14.3.6 Udacity
14.3.7 Udemy
14.3.8 Miríadax
14.3.9 Jigsaw Academy
