The size of the online business learning market to increase by $ 37.80 billion | Research Insights Highlights Adoption of Microlearning as Key Trend
NEW YORK, November 12, 2021 / PRNewswire / – According to the research report “Corporate Online Learning Market – Forecast and Analysis Report 2021-2025“, the market is expected to have an annual growth rate of 12.25% in 2021, with a CAGR of 13% between 2020 and 2025.
APAC is the largest online business learning marketplace. The proliferation and adoption of the latest technologies in legacy systems will facilitate the growth of the APAC corporate e-learning market during the forecast period.
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Supplier Information
The Enterprise E-Learning market is fragmented with the presence of several global and regional players. The report also provides information on several market vendors including 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., among others.
Some of the major players in the market are deploying growth strategies such as extended product development and enhancing their portfolios by adding solutions such as mobile learning, gamification and micro-learning modules to compete in the market.
In March 2021, City and Guilds Group has launched an all-new course to help people working in industries affected by COVID-19, especially younger generations whose job prospects have been most affected, understand the skills needed for a new career in the digital world.
Learn more about the growth strategies adopted by vendors and their product offerings. Read a sample market research report.
Geographic market analysis
40% of the market growth will come from APAC during the forecast period. India and Japan are the key markets for corporate e-learning in APAC. Market growth in APAC will be faster than market growth in other regions.
Learn more about the geographic spread of this market along with the detailed analysis of major regions. https://www.technavio.com/report/corporate-e-learning-market-industry-analysis
Key market trends and challenges:
The report identifies the adoption of microlearning as the major trend influencing the corporate e-learning market. The emphasis on personalization and adaptive learning is increasing the popularity of microlearning. In a rapidly changing world with short attention spans of individuals, it becomes difficult to keep participants interested in training modules for longer durations. Micro-learning deals with the use of small learning modules and short-term learning activities. As a result, corporate e-learning providers are shifting from long-term training courses to micro-learning. With the advent of microlearning, enterprise e-learning providers are moving from traditional, long-form conference-style videos to short videos.
The design of online courses will hamper the growth of the market. In organizations where employees are of different ages, ranging from baby boomers to millennials, providing online learning content that can appeal to all participants can be a challenge. Additionally, the need for effective and engaging content cannot be underestimated when designing the content for an e-learning module.
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Associated reports:
Corporate Training Market by Product and Geography – Forecast and Analysis 2021-2025 – The corporate training market has the potential to grow by USD 40.21 billion during the period 2021-2025, and the market growth momentum will accelerate at a CAGR of 7.97%.
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UK Online Learning Market by Product and End User – Forecast and Analysis 2021-2025 – UK e-learning market share is expected to grow by USD 9.94 billion from 2020 to 2025, and the market growth momentum will accelerate at a CAGR of 15.05%.
Download a free sample exclusive report
Scope of the corporate online training market |
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Cover of the report |
Details |
Page number |
120 |
Year of reference |
2020 |
Forecast period |
2021-2025 |
Growth dynamics and CAGR |
Accelerate to a CAGR of 13% |
Market growth 2021-2025 |
$ 37.80 billion |
Market structure |
Fragmented |
Annual growth (%) |
12.25 |
Regional analysis |
APAC, North America, Europe, South America and MEA |
Efficient contribution to the market |
40% APAC |
Main consumer countries |
United States, India, United Kingdom, Germany and Japan |
Competitive landscape |
Leading companies, competitive strategies, reach 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. |
Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period |
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Customization |
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments. |
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