NEW YORK, May 24, 2022 /PRNewswire/ -- The Corporate E-learning Market value is set to grow by USD 37.80 billion, progressing at a CAGR of 13% from 2020 to 2025, as per the latest report by Technavio.
Corporate E-learning Market Facts at a Glance-
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Vendor Insights-
The corporate e-learning market is fragmented and the vendors are deploying growth strategies such as organic and inorganic strategies to compete in the market.
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Reduction in employee training cost for employers has been instrumental in driving the growth of the market. However, designing of e-learning courses might hamper the market growth.
Corporate E-learning Market 2021-2025: Segmentation
The corporate e-learning market share growth by the services will be significant during the forecast period. In the hospitality industry, employees must interact with customers very frequently. Today, customers demand a high level of service. Hence, employees must be well trained and well informed for the utmost customer satisfaction. Therefore, organizations in the hospitality industry have to train their employees on a regular basis to maintain service quality. This drives the demand for e-learning solutions due to their cost-effectiveness.
40% of the market's growth will originate from APAC during the forecast period. India and Japan are the key markets for corporate e-learning in APAC. Market growth in this region will be faster than the growth of the market in other regions. The inadequacy of the education system in providing vocational and employment-ready skills to students will facilitate the corporate e-learning market growth in APAC over the forecast period.
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Corporate E-learning Market 2021-2025: Scope
The corporate e-learning market report covers the following areas:
Corporate E-learning Market 2021-2025: Key Highlights
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Corporate E-learning Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 13% |
Market growth 2021-2025 |
$ 37.80 billion |
Market structure |
Fragmented |
YoY growth (%) |
12.25 |
Regional analysis |
APAC, North America, Europe, South America, MEA, APAC, North America, Europe, South America, and MEA |
Performing market contribution |
APAC at 40% |
Key consumer countries |
US, UK, Germany, and Singapore |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Articulate Global Inc., City & Guilds Group, CommLab India LLP, D2L Corp., Designing Digitally Inc., EI Design Pvt. Ltd., G-Cube Webwide Software Pvt. Ltd., GP Strategies Corp., PeopleFluent Holdings Corp., and Skillsoft Corp. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization preview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Deployment
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
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Website: www.technavio.com/
SOURCE Technavio
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