Product ID: SQMIG45A2101
Global Corporate E-Learning Market Size, Share, Growth Analysis, By Training Type(Instructor-Led Training, Self-Paced Training), By Technology(LMS, LCMS) - Industry Forecast 2024-2031
Report ID:
SQMIG45A2101 |
Region:
Global |
Published Date: April, 2024
Pages:
197
|
Tables:
66 |
Figures:
77
Global Corporate E-Learning Market Insights
Global Corporate E-Learning Market size was valued at USD 244.30 billion in 2022 and is poised to grow from USD 278.60 billion in 2023 to USD 796.96 billion by 2031, at a CAGR of 14.04% during the forecast period (2024-2031).
One of the primary growth factors of the eLearning industry is the increasing adoption of smartphones, mobile devices, and the Internet. By continually increasing bandwidths and lowering data prices, this has revolutionised content delivery manners and also advanced the technique. New standards for corporate learning and training are created by the advanced application of technologies. As quick changes, such as those brought on by breakthrough technology, present difficulties for organisations, it helps shift the conventional method of doing things.
The usage of telecommuting and remote working is growing as businesses become more transcontinental and worldwide. For these industries, managing and storing such a big amount of data in their libraries or stores is challenging due to the course content's expanding volume. With the electronic technique of content delivery, these industries can store and manage their course or company information in online websites or applications.
These industries now have more flexibility in the content processing, storage, and accessibility thanks to the growing use of cloud-based systems in the eLearning market. Remote access, security, data backup, and cost-effectiveness are just a few of the cloud learning platform's main benefits. Students can easily access the curriculum thanks to technology rather than having to rely on books and other course materials, which is another benefit.
US Corporate ELearning Market is poised to grow at sustainable CAGR for the next forecast year.
Global Corporate E-Learning Market Report Snapshots
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