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.

Attractive Opportunities in the Enterprise Online Learning Market by End User, Deployment and Geography – Forecast and Analysis 2021-2025

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.

See a free sample for highlights on market trends and challenges affecting the corporate online learning market.

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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%.
Download a free sample exclusive report

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

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.

Market dynamics

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

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us:

Technavio is one of the world’s leading technology research and consulting companies. 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 over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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