North America Self-Paced E-learning Market Share, Growth: By Type: Mobile E-Learning, Learning Management Software, Virtual Class, Others; By Application: Academic, Small and Medium Enterprises, Large Enterprises, Others; Regional Analysis; Competitive Landscape: Industry Events and Developments; 2024-2032

North America Self-Paced E-Learning Market Outlook

The North America self-paced e-learning market size is expected to grow at a CAGR of 7.9% in the forecast period of 2024-2032, owing to the increasing penetration of Internet.

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News and Developments in the Market

In July 2023, two Spark Augmented Reality (AR) courses were created in collaboration with Meta and made available on edX.org, according to the announcement made by edX , a top global online learning platform from 2U. The new programmes are a result of edX's collaboration with Meta Immersive Learning and further the organization's goals to create a metaverse-wide learning ecosystem and provide professionals with more access to the training and resources they need to pursue careers in augmented reality.

In its role as a distribution partner for Meta's Spark AR Curriculum, edX will offer its 44 million-strong student body a range of free-to-audit courses that will aid students in becoming ready to become Certified Spark AR Creators. These growing collaborations by key players is propelling the North America self-paced e-learning market development.

In May 2023, ten partner submissions were chosen by edX to earn grants totalling USD 1 million to provide courses in Essential Human Skills for the Virtual Age . These courses and programmes will be focused on fundamental human abilities like leadership, communication, and emotional intelligence that are important in an increasingly virtual environment and prioritised during recruiting.

Following the completion of 2U's acquisition of edX, a USD 1 million pledge and request for proposals (RFP) were made, reflecting the organisation's ongoing dedication to free and open courses that broaden access to high-quality education.

Internet Penetration, Web-Based Education, and Less Time Pressure to Drive the North America Self-Paced E-Learning Market

E-learning that is self-paced allows students to set their schedule and pace on their own. There is no requirement that one learn at the same pace as others or finish the same assignments. People are free to go at their own pace between topics or segments and can study anytime, anywhere.

• Increasing penetration of the Internet and growing adoption of cloud-based solutions is driving the growth of the market.

• As the educational system moves away from traditional models on the internet, self-education is growing in popularity recently. This is fuelling the North America self-paced e-learning market expansion.

• The time constraints that apply to live training are eliminated by self-paced learning. There is no pressure in finishing the assignments and moving through the course material as rapidly as others. These advantages of self-paced e-learning are encouraging the market growth in North America.

Distance Education, Rising Enrolments, and Training Programs to Provide Significant Growth Opportunities to the Market

Distance Education

The increasing demand for distance education is one of the important North America self-paced e-learning market trends that is expected to drive the growth of the market in the region.

Rising Number of Enrolments

The self-paced e-learning market expansion in North America is expected to be fuelled by the rising number of enrolments in both online learning courses and self-paced distance learning courses throughout the forecast period.

Presence of E-Learning Training Programs

The training programs in online courses provide proficiency certificates at the end of the course. The presence of such e-learning training programs will be contributing to the growth of the market in the forecast period.

Lack of Awareness and Unstable Internet Connection to Pose as Major Challenges for the North America Self-Paced E-Learning Market

Lack of Awareness

The lack of end-user awareness of the latest technology and a lack of resources to provide high-quality education are predicted to restrain the market expansion.

Unstable Internet Connection

Slow internet connection or limited access to Internet can contribute to the student falling behind academically. This is limiting the market growth.

North America Self-Paced E-Learning Market Analysis

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The various types of self-paced e-learnings in the market are mobile e-learning, learning management software, and virtual class, among others. The major applications of the market are academic, small and medium enterprises, and large enterprises, among others. The major countries for self-paced e-learning in North America can be divided into the United States of America and Canada.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model and giving a SWOT analysis. The report gives a detailed analysis of the following leading companies in the North America self-paced e-learning market, covering their competitive landscape and latest developments like mergers, acquisitions, investments and expansion plans.

• Coursera Inc.

• Skillshare, Inc

• edX LLC

• Udacity, Inc.

• Codecademy

• Others

Mobile E-Learning to Dominate the Market Growth

The desire for seamless communication between electronic devices is growing, along with the use of the internet and smartphones. Stronger connectivity is being driven mostly by evolving cloud infrastructure and low data prices brought on by high volumes of data since these factors solve many issues with cost, scalability, security, and efficiency. This is accelerating the North America self-paced e-learning market growth for mobile e-learning.

The use of learning management software is anticipated to increase in the forecast period. Companies are continually looking for ways to offer proper training due to the growing requirement to develop and train staff. LMS aids in re-educating staff and managing the process so that further small adjustments can be made, or a product line can be totally refurbished.

Employees receive compliance training from it, and it aids in monitoring compliance. With the aid of LMS, numerous organisations now employ a diverse workforce and allow for simple login from any place, enabling them to operate globally.

Self-Paced E-Learning Finds Applications in Academic, Small and Medium Enterprises, and Large Enterprises

During the forecast period, the North America self-paced e-learning market is expected to experience significant growth, especially in the academic sector. Higher education e-learning platforms have aided international students in finishing their degrees at home while saving both time and money. Additionally, it provides dynamic learning possibilities, a flexible learning method, and seamless progress tracking.

Many organisations are now incorporating online learning at all levels of the educational system due to the rise in the number of students and the affordability of online education. E-learning makes it possible for multinational corporations (MNCs) to administer training programmes, primarily for professionals around the world.

In small and medium enterprises, and large enterprises, self-paced e-learning is proven to be the most effective method of imparting knowledge. Employees benefit from self-paced online learning by gaining crucial skills and having the flexibility to access the material whenever and whenever they want. This is increasing the North America self-paced e-learning market share.

United States to Represent a Significant Share in the North America Self-Paced E-Learning Market

Due to the large demand for e-learning solutions in the nation, the United States is anticipated to account for a sizeable portion of the market during the projected period. The North America self-paced e-learning market demand is being driven by an increasing understanding of the advantages of self-paced online learning over conventional offline learning models, enhanced technological infrastructure, and a wide selection of cutting-edge learning and training solutions. The advantages include greater accessibility and timeless flexibility, and simplicity of integration with various support solutions like LMS and ERP.

Additionally, North America is one of the leading early adopters of advanced technologies, with a population that is tech-savvy and knowledgeable about a variety of educational technologies. This element is assisting market expansion as well. The major elements anticipated to propel the North America self-paced e-learning market in terms of user base and subscriptions are the high average disposable income in the region, the rapid proliferation of smartphones, and the advancements in the development of interactive and gamified learning platforms.

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Competitive Landscape

Coursera Inc. intends to offer students options for education that could alter their life. Anyone and anywhere can access online courses and degrees from major institutions and corporations through this global online learning network.

Skillshare, Inc. is an online learning community called that offers tens of thousands of engaging lessons on topics including design, photography, video, freelancing, and more.

As per North America self-paced e-learning market research, edX LLC is a massive open online course (MOOC) provider with a clear aim. The business collaborates with top colleges and organisations to provide students worldwide with top-notch online courses.

Udacity, Inc. is a community of international learners, united in the pursuit of uplift and transformation. The business collaborates with top technology firms to understand the way technology is transforming sectors and to impart the crucial digital skills that employers want in their workforce.

Codecademy is a user-friendly website-based platform for teaching computer programming for both students and teachers. With the use of a system that most students can easily understand, web development, computer science, and other subjects are taught in addition to coding.

Key Highlights of the Report

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.