Corporate e-Learning Market to Register Growth of $37.80 Billion | Articulate Global Inc., City and Guilds Group and CommLab India emerge as dominant players

Did not find what you were looking for ? Customize report-

Don’t miss the opportunity to talk to our analyst and learn more about this market report. Our analysts can help you customize this report to suit your needs. Our analysts and industry experts will work directly with you to understand your needs and deliver personalized data in no time.

We offer $1,000 FREE personalization value at time of purchase. Talk to our analyst now!

According to recent Technavio market research, the Corporate e-learning market size should increase by $37.80 billion from 2020 to 2025, with an accelerated CAGR of 13%. The report provides a detailed analysis of drivers and opportunities, top winning strategies, competitive scenario, future market trends, market size and estimates, and major investment pockets.

APAC will register the highest growth rate, occupying 40% of the global market share. India and Japan are the leading markets for corporate e-learning in the APAC region. Market growth in this region will be faster than market growth in other regions.

Download a FREE sample: for additional information on key APAC countries

Overview of Suppliers-

The corporate e-learning market is fragmented. The increasing competition in the market is driving the vendors to deploy various growth strategies such as launching new and innovative products and expanding their portfolios by incorporating additional features such as mobile learning, gamification and mic modules -learning to remain competitive in the market.

Articulate Global Inc.: The company offers Storyline 360 ​​and Articulate 360 ​​training for the corporate eLearning market.

Group of towns and guilds: The Company offers e-learning services for businesses that include ready-to-use e-learning, bespoke learning and apprenticeship platforms.

CommLab India: The company offers rapid e-learning solutions that include product sales training, onboarding, software training, regulatory training, and security training.

D2L Corp. : The company offers the Brightspace learning platform for employee training and development.

Designing Digitally Inc.: The company offers e-learning solutions such as CareSource General Compliance Training, Customer Service Training, Simulation Training, and more.

Find additional highlights on vendors and their product offerings. Download a free sample report

Regional Market Outlook

The growth of the corporate e-learning market in APAC region will be significant during the forecast period. The emergence of China and India as major manufacturing centers has played a crucial role in the growth of the corporate e-learning market in the APAC region. Moreover, the proliferation and adoption of latest technologies by companies operating in the region will drive the growth of the market over the forecast period.

Download our FREE sample report for more key highlights on the regional market share of most of the countries mentioned above.

Latest drivers and trends driving the market-

  • Corporate E-Learning Market Driver:
    • Reduced employee training costs for employers:
      Employee training is an area that entails significant costs for employers as it involves travel and hospitality expenses for trainers and trainees. To reduce these expenses, employers are focusing on adopting e-learning models. E-learning allows employees to browse content multiple times at no additional cost. This helps employers train their employees quickly and improve the overall productivity of the organization. These cost advantages are encouraging companies to adopt e-learning, which is driving market growth.
  • Corporate eLearning Market Challenge:
    • Adopting micro-learning:
      The concept of microlearning is becoming increasingly popular among end users in the market. It deals with the use of small learning modules that allow users to understand the concepts in a shorter time. In addition, the concise and relevant information offered by microlearning helps to fill the knowledge gaps of learners. These advantages increase the popularity of microlearning. This trend is expected to have a positive impact on the market growth over the forecast period.

Find additional information on various other market drivers and trends mentioned in our Sample FREE Report.

Related reports:

Product-Based Sales Training Market by End-User, Learning Method, and Geography – Forecast and Analysis 2021-2025

Corporate Training Market by Product and Geography – Forecast and Analysis 2021-2025

Scope of the corporate e-learning market

Report cover

Details

Page number

120

base year

2020

Forecast period

2021-2025

Growth momentum and CAGR

Accelerate at a CAGR of 13%

Market Growth 2021-2025

$37.80 billion

Market structure

Fragmented

Annual growth (%)

12:25 p.m.

Regional analysis

APAC, North America, Europe, South America and MEA

Successful market contribution

APAC at 40%

Main consumer countries

USA, India, UK, Germany and Japan

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Articulate Global Inc., City and Guilds Group, CommLab India, D2L Corp., Designing Digitally Inc., EI Design Pvt Ltd., G Cube Webwide Software Pvt. Ltd., GP Strategies Corp., PeopleFluent Holdings Corp. and Skillsoft Ltd.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

About Us
Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With more than 500 industry analysts, Technavio’s library of reports Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. Technavio’s exploitable market to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Manager
USA: +1 844 364 1100
UK: +44 203 893 3200
E-mail: [email protected]
Website: www.technavio.com/

SOURCETechnavio


Source link

Comments are closed.