In a recently published report, Corporate E-Learning Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Corporate E-Learning Market products.
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Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
E-learning denotes to a learning system built on formalized teaching by electronic resources. It is a network-enabled transfer of knowledge to a large number of recipients at the same time. E-Learning permits business executives to learn from almost any place with a computer or mobile device & internet connection. It allows employees to gain knowledge and skills to commence a specific operation that will help an organization to continue to operate efficiently. For Instance: As per Research Institute of America, e-learning increases the retention rates of training by 25 to 60% as compared to face to face training which has a low retention rate of 8 to 10%.
Increasing adoption of Corporate E-Learning among various organizations across the globe is the major factor driving the market growth. As per IBM, investment of one dollar in online training results in a return of 30 dollar in productivity. E-learning facilitates reduction of HR cost by automation of on-board training and recruitment processes.. However, the intrinsic freedom might decrease the employee’s concentration and discipline towards the learning which is the major challenge the market. However, impedes the growth of the market over the forecast period of 2020-2027.
The regional analysis of global Corporate E-Learning market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to advanced technological infrastructure in the region coupled with availability of fast internet connection. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income and growing number of connected devices and smart phones would create lucrative growth prospects for the Corporate E-Learning market across Asia-Pacific region.
Major market player included in this report 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)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
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By Training:
Outsourced
Instructor-Led
Text based
By End User:
Consumer Goods Sector
Energy Sector
Automotive Industry
Banking, Financial Services, and Insurance (BFSI)
Manufacturing
Retail
Services
Others
By Deployment:
Cloud-Based
On-Premise
By Technology:
Mobile E-Learning
Learning Content Management System (LCMS)
Virtual Classrooms
Web Based
Podcasts
Learning Management System (LMS)
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Corporate E-Learning Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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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
2.2.1. Scope of the Study
2.2.2. Industry Evolution
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
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
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
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