The escalation in the work-from-home model and remote working is estimated to spur the corporate e-learning market 2020. The ICT industry reports are produced by Market Research Future, which highlights market options for expansion. The market is expected to observe USD 30 Billion in incomes at a 13% CAGR in the forecast period.
The need to incorporate corporate e-learning solutions in the HR management portfolios is estimated to enhance the COVID-19 corporate e-learning market size. The increasing preference for self-directed learning content is estimated to transform the corporate e-learning market share in the impending period. The ease of accessibility to mobile analytics and cloud technologies is projected to transform the corporate e-learning companies.
The segmental investigation of the corporate e-learning market is segmented on the basis of technology, training type, and region. Based on the technology, the corporate e-learning market is segmented into mobile e-learning web-based learning content management system (LCMS), podcasts, learning management systems (LMS), virtual classrooms, and others. On the basis of training types, the corporate e-learning market is segmented into outsourced and instructor-led & text-based. On the basis of regions, the corporate e-learning market consists of the Asia Pacific, The Middle East, Latin America, Europe, North America, and Africa.
The regional investigation of the corporate e-learning market includes regions such as the Asia Pacific, The Middle East, Latin America, Europe, North America, and Africa. The North American corporate e-learning market is anticipated to grow noticeably for the duration of the forecast period. This is attributed to the increasing advances in technical infrastructure and escalating investments from foremost organizations and e-learning dealers in introducing innovative solutions and systems for digital learning. The swelling popularity of competency-based and self-paced e-learning in employees is anticipated to advance the growth of the corporate e-learning in the European region. The regional market of the Asia Pacific is projected to observe the greatest development in corporate e-learning market due to mounting number of organizations launching their businesses in the up-and-coming economies of this region.
Some of the key players in the region are Infor (U.S.), Oracle (U.S.), SAP (Germany) SkillSoft Corporation (U.S.), Adrenna (U.S.), 24×7 Learning (India), CERTPOINT Systems (U.S.), Digital Ignite (U.S.), GeoMetrix Data Systems Inc. (Canada), Blatant Media Corporation (Canada) among others.
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