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A rise in the use of customized learning solutions is something to make note of. Businesses know how important it is to make sure that the content of their e-learning programs fits the needs of their employees because that helps them stay interested and remember what they've learned. Learning analytics and artificial intelligence (AI) are making it possible for businesses to look at data on employee performance and give them personalized material that fills in skill gaps.
Yet another important change is that mobile learning is becoming more and more popular. Because more and more people work from home or on the go, companies are using mobile-friendly e-learning systems to offer flexible training options that people can use on the go. Offering employees, the freedom to access training materials at any time and from anywhere promotes a culture of lifelong learning. Microlearning is a way to learn that breaks up large chunks of information into smaller ones. This way, workers can learn in short, focused sessions. Mobile learning not only makes learning easier for more people, but it also lets small amounts of learning happen.
It's also important to use tools like virtual reality (VR) and augmented reality (AR). Employing technologies like virtual reality (VR) and augmented reality (AR) is also growing in business e-learning programs. Immersive technologies are making models that are both accurate and fun, which is changing the way we normally teach. Particularly, scenario-based training uses virtual reality to let workers experience real-life scenarios in a safe simulated setting. This trend not only makes training more effective, but it also gets workers more involved and makes them more motivated.
Moreover, the integration of social learning skills into online learning systems is getting speed and is becoming increasingly common. It is becoming clearer to groups that it is helpful to support staff teamwork and information sharing. Through the support of the sharing of ideas, experiences, and suggestions for best practices, social learning helps to create an atmosphere favorable to joint learning. This trend is aligned with a general shift toward a learner-centric approach, which is defined by workers giving their full input in the learning process. This method eventually results in a learning experience that is more interesting and effective.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Opportunities | Technological improvements have motivated the large-scale adoption of e-learning solutions across enterprises of all sizes at the expense of traditional learning methods. |
| Market Dynamics | The emerging concept of corporate e-learning is ensuring that the employees are well-exposed and get timely updates related to their jobs. |
Corporate E-learning Market Highlights:
Corporate E-learning Market Overview
Corporate E-learning Market Size was valued at USD 39.1 Billion in 2023. The Corporate E-learning market industry is projected to grow from USD 42.0 Billion in 2024 to USD 124.5 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 15.0% during the forecast period (2024 - 2032). The wide-scale adoption of internet technologies, as well as the advent of e-learning applications, is increasing. There has been a fundamental difference in the way in which organizations are delivering content related to training and development lately. This is also bringing a difference in the experiences and activities undertaken by the employees. The market research report shows that some of the major organizations are making use of e-learning technologies, along with the companies involved in transaction processing.
Figure 1: Corporate E-learning Market Size, 2024-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Corporate E-learning Market Trends
The adoption of microlearning will fuel market growth.
Microlearning deals with the use of bite-sized learning modules and short-term learning activities. The focus on personalization and adaptive learning is increasing the popularity of microlearning. It offers concise and relevant content and helps address skill gaps. Employees find precise content interesting and engaging, and the information is delivered within a short time through micro-learning content. Microlearning is being used across several end-user industries, such as banking, retail, and manufacturing. For instance, in a scenario where a new bank employee is delivering a presentation on the benefits of obtaining credit cards from the bank, an interested customer might ask the bank employee about the maintenance fees associated with it, in which case, if the bank employee is unaware, he/she can quickly use the microlearning module to answer the query. Thus, such benefits are expected to propel the demand for the market focus during the forecast period.
Corporate E-learning Market Segment Insights:
Corporate E-learning Technology Insights
The market segmentation, based on Technology, includes Web-Based, LMS, Learning Content Management Systems, Podcasts, Virtual Classrooms, and Mobile E-Learning. The Virtual Classrooms segment holds the majority share 2021 of the Corporate E-learning revenue. By utilizing virtual classrooms, corporations can create interactive learning environments that provide engaging and immersive learning experiences to their employees. Furthermore, virtual classrooms are cost-effective and can be accessed from anywhere in the world. The potential of this technology is limitless and is sure to revolutionize corporate e-learning soon.
Corporate E-learning Training Type Insights
Based on Training Type, the market segmentation includes Instructor-led & Text-based, and outsourced. The instructor-led & Text-based segment dominated the market in 2021. The market has been revolutionized by the emergence of Instructor-led and Text based learning models due to their effectiveness, convenience, cost efficiency, scalability, and flexibility.
Figure 2: Corporate E-learning Market, by Training Type, 2021 & 2030 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Corporate E-learning Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. North America dominates the market with maximum growth while providing these solutions to its employees. There is a major reason behind this. There is a growing use of the technological infrastructure along with the increased measure of investments that are coming in from the government’s side. Many digital learning platforms are on the way for a launch in these regions. The popularity of e-learning solutions that are self and competence-based is boosting. This stands true for the European market and its leaders as well. The Asian Pacific regions have predicted very fast growth by the end of 2022. The main reason behind this is that a huge number of companies belonging to these regions are opening their operation scales to the adoption of the Market. The emerging economies of these regions are experiencing a good level of digitization and platforms for e-learning.
Figure 3: CORPORATE E-LEARNING MARKET SHARE BY REGION 2021 (%)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Corporate E-learning Key Market Players & Competitive Insights
The major market players are investing a lot of money in R&D to expand their product lines, which will spur further market growth. With significant market development like new product releases, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations, market participants are also undertaking various strategic activities to expand their presence. To grow and thrive in a market climate that is becoming more competitive and growing, competitors in the Corporate E-learning industry must offer affordable products.
Manufacturing locally to cut operating costs is one of the main business tactics manufacturers use in the Corporate E-learning industry to benefit customers and expand the market sector. Major market players, including Oracle, GeoMetrix Data Systems Inc, SAP, Adrenna, Blatant Media Corporation, and others, are attempting to increase market demand by funding R&D initiatives.
Oracle is a corporation that offers platform services and integrated cloud applications. Three business divisions make up its operations: Cloud and License, Hardware, and Services. Through its cloud and licensing services, the Cloud and License business promotes, offers for sale, and provides a variety of enterprise applications and infrastructure technologies. The Hardware division includes hardware support as well as business hardware products including Oracle Engineered Systems, servers, storage, industry-specific hardware, operating systems, virtualization, management, and more. Advanced customer services and consultancy are included in the services section.
SAP is a software development business that specializes in corporate application software. It provides solutions for many business sectors, such as enterprise resource planning and finance, network and spend management, customer relationship management and customer experience, digital supply chain, HR, and people engagement. The company serves financial services, energy and natural resources, consumer, automotive, public services, aerospace and defense, and other industries.
Key Companies in the Corporate E-learning market include
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Oracle
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GeoMetrix Data Systems Inc
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Adrenna
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Blatant Media Corporation
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Crossknowledge
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IgniteTech
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CERTPOINT Systems
Corporate E-learning Industry Development
In March 2022, Crossknowledge announced a partnership with Lawpilots to help professionals to offer an extensive competence-building, leadership & soft skills online training portfolio.
In February 2021, IgniteTech, and its parent organization, ESW Capital, announced the merger of sister company Aclate Inc., aiming to maximize their profit generation.
In June 2020, Infor, announced the partnership with Sinfo One, a consultancy and system integration company to consolidate its position in the market to generate higher revenues.
Corporate E-learning Market Segmentation
Corporate E-learning Technology Outlook
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Web-Based
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LMS
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Learning Content Management Systems
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Podcasts
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Virtual Classrooms
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Mobile E-Learning
Corporate E-learning Training Type Outlook
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Instructor-led & Text-based
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Outsourced
Corporate E-learning Regional Outlook
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North America
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US
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Canada
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Europe
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
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