Selbyville, Delaware, Sept. 23, 2020 (GLOBE NEWSWIRE) — Global corporate e-learning market size is expected to generate considerable revenues and expand with a robust CAGR between 2020 and 2027. Rising acceptance of corporate e-learning solutions among various companies is the major factor driving global corporate e-learning market growth during the forecast period. According to the Research Institute of America, e-learning technologies increases the retention rate of training by 25-60% as compared to traditional face to face training which accounts for 8 to 10% retention rate.
Global corporate e-learning market study covers individual analysis of the several segmentations, such as training type, end-user spectrum, deployment mode, technology terrain, and regional outlook. The study also entails factors influencing the segmental growth along with their predicted market share as well as their individual growth rate over the analysis timeframe. Furthermore, the study offers granular examination of the competitive arena by profiling each participant, along with their product portfolio and market share.
For those unfamiliar, e-learning is a system built for learning through formalized teaching using electronic resources. It is a transfer of knowledge by network technologies to several recipients simultaneously. E-Learning solutions enable the business executives to learn from anywhere with a computer or mobile and internet connection.
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Thus, corporate e-learning helps in acquiring knowledge and skills in order to carry out specific operations which facilitates the organization to keep operating efficiently, thereby boosting the market outlook.
Apart from this, corporate e-learning also helps in reducing HR (human resource) cost by adopting automated solutions for on-board training and recruitment processes, which in turn is augmenting worldwide corporate e-learning market trends. IBM Corp. states that around one-dollar investment in online training platforms provides over 30 dollars return in terms of productivity.
On the contrary, intrinsic freedom offered by e-learning results in reduced employee concentration as well as discipline and could act as a restraining factor to the market growth through 2027.
Elaborating on market segmentations
Based on training, worldwide corporate e-learning industry is segmented into outsourced, text based, and instructor led. With regards to the deployment type, the market is bifurcated into on-premise and cloud based.
As per end-user spectrum, the industry is segmented into energy sector, automotive industry, consumer goods sector, banking, financial services, and insurance (BFSI), services, retail, manufacturing and others.
Speaking of the technology terrain, global corporate e-learning market is classified into web based, mobile E-learning, learning management system (LMS), learning content management system (LCMS), podcasts, virtual classrooms, and others.
Highlighting the regional terrain
Based on regional analysis, global corporate e-learning industry is segmented into Europe, Asia Pacific, North America, Latin America, and rest of the world. North America was the major contributor in terms of industry share in the recent past and is poised to accumulate significant returns in the forthcoming year. Presence of well-developed technological infrastructure along with availability of high-speed internet connection are fueling the regional market growth.
Meanwhile, Asia Pacific corporate e-learning market is anticipated to witness highest growth rate over 2020-2027, owing to increasing disposable income as well as rising number of connected devices and smart phones.
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Global Corporate E-Learning Market Share by Training (Revenue, USD Billion, 2017-2027)
- Instructor-Led
- Outsourced
- Text based
Global Corporate E-Learning Market Growth by End-User Scope (Revenue, USD Billion, 2017-2027)
- Services
- Energy Sector
- Consumer Goods Sector
- Banking, Financial Services, and Insurance (BFSI)
- Manufacturing
- Automotive Industry
- Retail
- Others
Global Corporate E-Learning Market Deployment Mode (Revenue, USD Billion, 2017-2027)
Global Corporate E-Learning Market Technology Analysis (Revenue, USD Billion, 2017-2027)
- Podcasts
- Learning Content Management System (LCMS)
- Web Based
- Mobile E-Learning
- Virtual Classrooms
- Learning Management System (LMS)
- Others
Global Corporate E-Learning Market Regional Analysis (Revenue, USD Billion, 2017-2027)
North America
Europe
- Italy
- France
- Germany
- UK
- Spain
- Rest of Europe
Asia Pacific
- Japan
- South Korea
- China
- India
- Australia
- Rest of Asia Pacific
Latin America
Rest of the World
Global Corporate E-Learning Market by Competitive Landscape (Revenue, USD Billion, 2017-2027)
- Infor
- SAP SE
- Adrenna
- GeoMetrix Data Systems Inc.
- 24×7 Learning Pvt. Ltd.
- Oracle Corp.
- Blatant Media Corporation
- SkillSoft Corporation
- CERTPOINT Systems Inc.
- Digital Ignite LLC
Table of Content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Corporate E-Learning Market, by Region, 2018-2027 (USD Billion)
1.2.2. Corporate E-Learning Market, by Training, 2018-2027 (USD Billion)
1.2.3. Corporate E-Learning Market, by End User, 2018-2027 (USD Billion)
1.2.4. Corporate E-Learning Market, by Deployment, 2018-2027 (USD Billion)
1.2.5. Corporate E-Learning Market, by Technology, 2018-2027 (USD Billion)
1.2.6. Corporate E-Learning Market, by End User, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Corporate E-Learning Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Corporate E-Learning Market Dynamics
3.1. Corporate E-Learning Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Corporate E-Learning Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Corporate E-Learning Market, by Training
5.1. Market Snapshot
5.2. Global Corporate E-Learning Market by Training, Performance – Potential Analysis
5.3. Global Corporate E-Learning Market Estimates & Forecasts by Training 2017-2027 (USD Billion)
5.4. Corporate E-Learning Market, Sub Segment Analysis
5.4.1. Outsourced
5.4.2. Instructor-Led
5.4.3. Text based
Chapter 6. Global Corporate E-Learning Market, by End User
6.1. Market Snapshot
6.2. Global Corporate E-Learning Market by End User, Performance – Potential Analysis
6.3. Global Corporate E-Learning Market Estimates & Forecasts by End User 2017-2027 (USD Billion)
6.4. Corporate E-Learning Market, Sub Segment Analysis
6.4.1. Consumer Goods Sector
6.4.2. Energy Sector
6.4.3. Automotive Industry
6.4.4. Banking, Financial Services, and Insurance (BFSI)
6.4.5. Manufacturing
6.4.6. Retail
6.4.7. Services
Chapter 7. Global Corporate E-Learning Market, by Deployment
7.1. Market Snapshot
7.2. Global Corporate E-Learning Market by Deployment, Performance – Potential Analysis
7.3. Global Corporate E-Learning Market Estimates & Forecasts by Deployment 2017-2027 (USD Billion)
7.4. Corporate E-Learning Market, Sub Segment Analysis
7.4.1. Cloud-Based
7.4.2. On-Premise
Chapter 8. Global Corporate E-Learning Market, by Technology
8.1. Market Snapshot
8.2. Global Corporate E-Learning Market by Technology, Performance – Potential Analysis
8.3. Global Corporate E-Learning Market Estimates & Forecasts by Technology 2017-2027 (USD Billion)
8.4. Corporate E-Learning Market, Sub Segment Analysis
8.4.1. Mobile E-Learning
8.4.2. Learning Content Management System (LCMS)
8.4.3. Virtual Classrooms
8.4.4. Web Based
8.4.5. Podcasts
8.4.6. Learning Management System (LMS)
Chapter 9. Global Corporate E-Learning Market, Regional Analysis
Related Report:
E-Learning Market Size, Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026
E-Learning Market size is anticipated to grow at over 8% CAGR between 2020 and 2026, as per new research report. The advent of several new technologies, such as cloud computing and AI coupled with increasing internet penetration across the globe will drive the market growth. Rapid cloud adoption provides flexibility in content storage, sharing, and access to both learners and content providers. From a regional frame of reference, the E-learning market in North America is likely to witness significant growth since players are focusing on offering their services and solutions to the countries where favorable government policies and high growth in the education sector can be seen.
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