E-Learning is learning utilizing electronic technologies to access educational curriculum outside of a traditional classroom. In most cases, it refers to a course, program or degree delivered completely online. The role of corporate training is to ensure an employee has the knowledge and skills to undertake a specific operation to enable an organization to continue to operate. Fundamentally, corporate training is centered on knowledge transfer. For example, conferences and workshops are an essential yet expensive part of business and e-learning makes it affordable and efficient – salespeople, for instance, can receive their training on new products and sales strategies online. E-learning can be translated to lower costs to deliver training in a shorter period of time, especially when employees are spread worldwide.
According to the new market research report “Corporate E learning- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Corporate E learning market size is projected to reach USD 51.26 billion by 2030, at a CAGR of 12.0% during the forecast period.
- Global Corporate E learning MarketSize(US$ Million), 2019 VS 2024 VS 2030
Source: QYResearch, "Corporate E learning- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
As computer ownership grows across the globe e-learning becomes increasingly viable and accessible. Internet connection speeds are increasing, and with that, opportunities for more multimedia training methods arise. With the immense improvement of mobile networks in the past few years and the increase in telecommuting, taking all the awesome features of e-learning on the road is a reality with smartphones and other portable devices. Technologies such as social media are also transforming education constantly.
- Global Corporate E learning Top10Players Ranking and Market Share（Continually updated）
Source: QYResearch, "Corporate E learning- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Corporate E learning include SAP, Skillsoft, Oracle, Cornerstone, Learning Technologies Group (LTG), Infor, Articulate, Docebo, SAI Global (Intertek), Blackboard (Anthology), etc. In 2023, the global top five players had a share approximately 25.0% in terms of revenue.
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