Corporate E-learning Market Overview:

The Corporate E-learning industry is projected to grow from USD 38.24 Billion in 2022 to USD 117.57 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.61% during the forecast period (2022 - 2030).

The growth of the market is attributed to the increasing demand for corporate training and development programs, the rising adoption of e-learning platforms, and the growing need for upskilling and reskilling employees.

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Key Companies:

The key players in the corporate e-learning market include:

• Adobe
• Blackboard
• Cornerstone OnDemand
• D2L
• Docebo
• eFront
• Gomo
• IBM
• Infor
• SAP
• SumTotal Systems
• Udemy

Market Segmentation:

The corporate e-learning market is segmented on the basis of:

By Type:

• Synchronous
• Asynchronous

By Deployment:

• On-premises
• Cloud-based

By Training type:

• Compliance training
• Soft skills training
• Technical training

By Industry:

• BFSI
• IT Telecom
• Healthcare
• Education
• Retail
• Manufacturing
• Others

Regional Insights:

North America is expected to remain the largest market for corporate e-learning during the forecast period, owing to the early adoption of e-learning technologies and the presence of a large number of corporate training providers in the region. The Asia Pacific region is expected to witness the highest growth during the forecast period, due to the increasing adoption of e-learning by corporates in the region and the growing demand for corporate training programs.

Industry Latest News:

• September 2023: Adobe Systems announced the launch of Adobe Captivate Prime 2023, the latest version of its corporate learning management system. The new version includes a number of new features, such as improved support for microlearning, gamification, and social learning.
• August 2023: Blackboard announced the acquisition of Edmodo, a provider of K-12 and higher education learning management systems. The acquisition is expected to strengthen Blackboard's position in the corporate e-learning market.
• July 2023: Cornerstone OnDemand announced the launch of Cornerstone OnDemand Learn, a new learning management system that is designed to meet the needs of modern learners. The new system includes a number of features, such as a personalized learning experience, a variety of learning content, and support for mobile learning.

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Conclusion:

The corporate e-learning market is a rapidly growing market, with a number of new trends emerging. The increasing demand for corporate training and development programs, the rising adoption of e-learning platforms, and the growing need for upskilling and reskilling employees are the key factors driving the growth of the market.

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