Constellation ShortList™ Learning Marketplaces

Learning marketplaces provide a platform for online education, bringing teachers' content to learners. These online marketplaces often include features of learning management systems, which allow courses and skills to be taught on-demand and at a student’s pace. Most online marketplaces offer both free and paid content. Constellation estimates the total eLearning market at $608.9 billion by 2031, with a 10.1% CAGR. Learning marketplaces are a subsegment of this market.

Performance and learning can be measured by evaluations, and coursework can go toward a defined curriculum. Self-paced instruction often incorporates interactive capabilities with video chats, online communities, mentoring, live classes and live feedback. 

Learning marketplaces differ from traditional corporate learning management systems in that they can author, assemble, and sell courses. Many of these marketplaces can feed into corporate systems or enable classes to be hosted as needed. Expect the enterprise and consumer markets to continue converging in terms of solutions and price points.

Threshold Criteria

Constellation considers the following criteria for these solutions:

• Offer online courses and course libraries
• Deliver gamification and incentives
• Provide assessment tools
• Facilitate online communities
• Deliver live feedback
• Enable content authoring
• Support outside content
• Create virtual classrooms
• Host and sell courses
• Provide commerce and marketplace capabilities
• Provide a curriculum set
• Support SCORM compliance
• Ensure regulatory and compliance management
• Integrate into learning management systems
• Provide credentialing and badgin