New York, December 8, 2022 /PRNewswire/ — Technavio is expanding the global enterprise e-learning market to Education service market, the parent market. The education services market covers products, services, and solutions offered to educational institutions, business institutions, students, parents, individuals, and teachers.of Global corporate e-learning market size is US$44,908.64 million and CAGR 12.19% Between 2023 and 2027.
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Global corporate e-learning market – Customer landscape
To assist companies in evaluating and developing growth strategies, the report outlines:
Global corporate e-learning market – Vendor analysis
Vendor Status – The global enterprise e-learning market is fragmented with a large number of vendors. Most vendors on the market offer undifferentiated products. Factors such as low initial investment, low exit barriers, and low regulatory compliance are driving the entry of new players into the market. Leading companies are looking to gain a competitive edge over others by offering e-learning solutions via wearable technology devices. Other vendors focus on providing localized solutions for multinational companies. These factors are expected to intensify the competition among vendors somewhat during the forecast period.
Vendor offerings –
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Articulate Global Inc.: The company offers enterprise e-learning through Articulate 300 training webinars, courses, and videos.
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Cegid SA: The company offers e-learning including peer learning and development activities, creative tools, training management solutions, and content-as-a-service.
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Segos Group: The company offers eLearning through multiple digital modalities including videos, virtual classes, eLearning modules, blogs, forums, online communities and mobile apps.
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Global corporate e-learning market – Segmentation evaluation
geography overview
Global Enterprise e-Learning Market by Region is split into North America, Europe,Asia Pacific, South AmericaWhen middle east When Africa. This report offers actionable insights and accurate estimates of every region’s contribution to the growth of the global enterprise e-learning market.
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North America It will account for 35% of the market growth during the forecast period. The region is home to many major IT companies such as Adobe, Oracle, Microsoft, and IBM, which have offices around the world. This is one of the major factors driving the growth of the regional market. Additionally, factors such as rapidly evolving technology and the need for training to keep employees up to date with the latest technological developments are driving the growth of the corporate e-learning market. North America.
Segment overview
Global Enterprise eLearning Market Split By End User For service, manufacturing, retail and more.
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market share growth service segment It will be higher than other segments during the forecast period. This segment is driven by factors such as the emergence of new technologies, digitization of processes, and high technology adoption rate in the service sector.
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Global corporate e-learning market – market dynamics
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leading driver – Employers’ reduction in employee training costs is boosting the growth of the market. Organizations are continuously looking to reduce operating costs and improve profit margins. Employee training is one of the areas where he spends a significant amount of his time. Therefore, they are adopting e-learning to reduce the costs associated with employee training. E-learning reduces travel and hospitality costs for both instructors and employees. It helps reduce employee turnover, which in turn reduces the cost of training new hires and increases company efficiency. Additionally, organizations can use the same training modules in offices around the world, minimizing costs. Such numerous cost-benefits associated with e-learning adoption are driving the growth of the global corporate e-learning market.
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Main trends – The adoption of microlearning is an important trend in the market. Many organizations are increasingly adopting microlearning solutions due to several benefits. Microlearning models use bite-sized learning modules and short-term learning activities to help learners understand concepts. It is mobile-friendly and allows learners to access learning materials at their convenience. The advent of microlearning has also enabled enterprise vendors to move from longer, traditional lecture-style videos to shorter videos. These videos have proven to be interesting and engaging as the information is delivered in a short amount of time. Such many advantages are increasing the adoption of micro-learning which is driving the growth of the market.
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big challenge – Complexity in designing e-learning courses is a major challenge in the market. Many organizations have employees of all ages, from baby boomers to millennials. This makes it difficult for companies to offer general e-learning content. Vendors also face challenges in learning e-learning courses that are interesting and engaging enough to grab the learner’s attention. Additionally, the costs associated with developing e-learning courses are very high. Considerable time, money, and resources are spent developing content for e-learning courses. Many of these challenges are hindering the growth of the global enterprise e-learning market.
Drivers, trends, and challenges are factors in market dynamics that speak to business outcomes and sustainability, and you can find some insights from our sample report!
What are the key data covered in this company’s e-learning market report?
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CAGR of the market during the forecast period.
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Detailed information on factors driving market growth between 2023 and 2027
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Accurate estimation of the size of the enterprise e-learning market and its contribution to the parent market.
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Accurate predictions about upcoming trends and changes in consumer behavior.
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Overall market industry growth North America, Europe,Asia Pacific, South AmericaWhen middle east When Africa.
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Thoroughly analyze the competitive landscape of the market and detailed information about the vendors.
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A comprehensive analysis of the factors challenging the growth of the Enterprise e-Learning market vendors.
Related reports:
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projected growth of e-learning market The size from 2021 to 2026 is US$1.72 trillion at an ongoing CAGR of 16.35%. Enhanced learning processes in the academic sector are significantly driving market growth, but factors such as increased in-house content development may hinder market growth.
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of e-learning course market size is US$109.05 billion From 2021 to 2026, the market growth momentum will accelerate at a CAGR of 16.75%. Digitization of the learning process is driving the growth of the e-learning courses market in particular, although factors such as reliability issues can hamper the market growth.
Corporate e-learning market size |
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report coverage |
detail |
page number |
167 |
base year |
2022 |
historical period |
2017-2021 |
Forecast period |
2023-2027 |
Growth Momentum and CAGR |
Accelerate at a CAGR of 12.19% |
Market growth 2023-2027 |
US$44,908.64 million |
market structure |
fragmented |
Year-over-year growth rate (%) from 2022 to 2023 |
11.81 |
Regional analysis |
North America, Europe, APAC, South America, and the Middle East and Africa |
Execution of market contribution |
North America 35% |
major countries |
USA, Canada, China, India, UK |
competitive environment |
Key vendors, vendor market positioning, competitive strategies, industry risks |
Main company introduction |
Articulate Global Inc., Cegid SA, Cegos Group, City and Guilds Group, CommLab India LLP, Compunnel Software Group Inc., Continue, Cornerstone OnDemand Inc., D2L Corp., Designing Digitally Inc., Epignosis, G Cube Webwide Software Pvt. Ltd., Hive Learning Ltd., Intuition Publishing Ltd., John Wiley and Sons Inc., Kallidus Ltd., Learning Technologies Group Plc, MPS Group, Paylocity Holding Corp., Skillsoft Corp. |
market dynamics |
Parent market analysis, market growth drivers and obstacles, fast and slow growth segment analysis, COVID-19 impact and recovery analysis, future consumer dynamics, and market landscape analysis for the forecast period. |
Customization range |
If the data you’re looking for isn’t in the report, contact an analyst to customize the segment. |
table of contents:
1.executive summary
2 Market Outlook
3 Market size
4 Historical market size
5 Five Forces Analysis
6 Market Segmentation by End User
7 Market Segmentation by Deployment
8 Customer Situation
9 Geographical landscape
10 drivers, challenges and trends
11 Vendor Landscape
12 vendor analysis
13 Appendix
About Technavio
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