Corporate E-Learning Market to Touch USD 30 Billion | Market Key Players, Growth Drivers, Opportunities and Industry Analysis
Research Reports
Apr 11, 2022
Market Highlights
The rapid growth in internet connectivity in emerging economies fueled by the growing federal budgets will boost market growth over the forecast period.
The adoption of micro-learning will offer robust opportunities for the market over the forecast period. Micro-learning deals with the usage of bite-sized learning modules as well as short-term learning activities. Due to the advent of micro-learning, corporate e-learning vendors have moved from lecture-style, traditional long-duration videos to short videos.
The inherent freedom provided by e-learning that may eventually decrease the self-discipline of employees which may impact their working efficiency may act as market challenge over the forecast period.
The corporate E-learning market is expected to observe USD 30 Billion in incomes at a 13?GR in the forecast period. The escalation in the work-from-home model and remote working is estimated to spur the corporate e-learning market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion.
COVID-19 Analysis
The spread of the fatal COVID-19 pandemic globally has halted the sales and production of several companies across the globe. As a result, the companies had switched to remote working thus making good use of technology. As the deadly virus started to spread followed by the government imposed lockdown, the trend of work from home emerged. The government sector too increased their investments in technologies like 4G LTE market, internet services, electronic consumer devices, and more. The global corporate e-learning market has experienced growth ever since the imposition of the lockdown and the promotion of the work from culture. The concept of corporate e-learning ensures that the employees are well exposed and get timely updates associated with the jobs. This holds true to both external and internal conditions of the organization and the market. With the increase of the global pandemic, the market is increasing the performance and efficiency of the organization’s employees.
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Segmentation:
The segmental investigation of the corporate e-learning market is segmented on the basis of technology, training type, and region. Based on the technology, the corporate e-learning market is segmented into mobile e-learning web-based learning content management system (LCMS), podcasts, learning management systems (LMS), virtual classrooms, and others. On the basis of training types, the corporate e-learning market is segmented into outsourced and instructor-led & text-based. On the basis of regions, the corporate e-learning market consists of the Asia Pacific, The Middle East, Latin America, Europe, North America, and Africa.
Regional Analysis:
North America to Dominate Corporate E-Learning Market
North America will dominate the corporate e-learning market over the forecast period. Increasing advances in technical infrastructure, escalating investments from foremost organizations, and several e-learning dealers in introducing innovative systems and solutions for digital learning are adding to the global corporate e-learning market growth in the region.
APAC to Have Admirable Growth in Corporate E-Learning Market
The APAC region will have admirable growth in corporate e-learning market over the forecast period. Rising use of mobile devices in various emerging economies like South Korea, Malaysia, India, and China and the increasing internet penetration are adding to the global corporate e-learning market growth in the region.
Competitive Analysis
The formidable contenders in the corporate e-learning market are Oracle (U.S.), CERTPOINT Systems (U.S.), Digital Ignite (U.S.), SAP (Germany) Blatant Media Corporation (Canada) , SkillSoft Corporation (U.S.), Adrenna (U.S.), 24×7 Learning (India), Infor (U.S.), GeoMetrix Data Systems Inc. (Canada), among others.
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Corporate E-learning Market Research Report, by technology (Web-Based, LMS, Learning Content Management Systems, Podcasts, Virtual Classrooms, Mobile E-Learning), by training Type (Instructor-led & Text based, Outsourced) – Forecast till 2030
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