The corporate E-learning Market size was valued at USD 64.4 Billion in 2019 and is expected to grow CAGR 9.16% by 2025
BANGALORE, India, Sept. 1, 2020 /PRNewswire/ -- Corporate education adds another dimension and scope to training by including learners as participants in developing new information that helps grow and improve an organization. Corporate eLearning enables companies to minimize onboard, training, recruiting, retention, and engagement-related HR costs through automated processes, advanced monitoring, and a reduced need to employ talent to manage and provide training.
TRENDS INFLUENCING THE CORPORATE E-LEARNING MARKET SIZE
Reducing employee training costs has been instrumental in driving the growth of the corporate e-learning market size. This study identifies the adoption of microlearning as one of the key factors driving the corporate e-learning industry's growth in the coming years.
The adoption of microlearning for employee training is expected to fuel the corporate e-learning market size. Microlearning requires brief bursts of information focussing on a single subject or task. In just a few minutes, corporate learners can complete the online training activity or program, instead of sitting through lengthy lectures or presentations during a typical online session.
Growing technical developments and the increase in investment from major organizations around the world are anticipated to increase the growth of the corporate e-learning market size during the forecast period.
Furthermore, the adoption of video instructor-led training approaches and recent technological advancements such as augmented & virtual reality provide new ways of delivering instruction. These factors are expected to give lucrative opportunities for the vendors in the corporate e-learning market.
However, the technological barriers in developing countries can hamper the growth of the corporate e-learning market size during the forecast period.
North America is expected to hold the largest corporate e-learning market share based on the region during the forecast period. This is due to the growing technological infrastructure developments and increasing investments by major organizations and e-learning providers in launching innovative digital learning solutions and systems.
Increasing popularity among employees of self-paced and skills-based e-learning is expected to boost market growth within the European region.
The Asia Pacific is projected to witness the highest growth in the corporate e-learning market due to the growing number of organizations in this region's emerging economies.
CORPORATE E-LEARNING MARKET SEGMENTATION
Corporate E-learning Market Market segment by Regions/Countries, this report covers
Corporate E-learning Market Market segment by Type, the product can be split into
Corporate E-learning Market segment by Application, the market can be split into
Consumer Goods Sector
TOP COMPANIES IN THE CORPORATE E-LEARNING MARKET
The corporate e-learning market is highly crowded, with many organizations competing for the majority market share. Based on our research, Market vendors should concentrate more on the growth prospects in the fast-growing segments, while retaining their positions in the slow-growing segments to optimize their opportunities.
The top companies in the corporate e-learning market are,
Corporate Learning Management System (LMS) Market Report
The key drivers of the Corporate LMS Market size are growing adoption of digital learning, rising inclination toward, Bringing Your Own Device ( BYOD) policy and enterprise mobility, extensive government initiatives to develop LMS, growing used of Artificial Intelligence (AI ) and Machine Learning (ML) in LMS is rising the value of eLearning in corporate and academic setups.
Using the on-premise approach to implement language learning services allows companies to have greater control over their business management and security. This allows them to create online alternatives to foreign language learning at the premises.
The on-premise is expected to hold the largest Corporate Online Language Learning Market shares. This is because the on-premise model allows end-users to configure the solution by selecting distribution channels, content, and schedule.
E-learning Corporate Compliance Training Market Report
In 2018, the global E-learning Corporate Compliance Training market size was USD 3080 Million USD and it is expected to reach USD 8070 Million by the end of 2025, with a CAGR of 12.8% during 2019-2025.
This report focuses on the global E-learning Corporate Compliance Training status, future forecast, growth opportunity, key market, and key players. The study objectives are to present the E-learning Corporate Compliance Training development in the United States, Europe, and China.
The global learning management system (LMS) market is expected to increase from USD 9.464 billion in 2019 to USD 29.901 billion by 2025, at a CAGR of 21.13 percent.
Organizations use LMS to streamline processes, methodologies, tools, and systems to improve learning, productivity and ROI. Due to the growing benefits and hassle-free training provided by LMS, there is growing adoption among various sectors such as healthcare, education, manufacturing, retail, and many other industries
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