Corporate E-learning Market Forecasts Show 18.54% CAGR Growth to 2021

PUNE, India, October 10, 2017 /PRNewswire/ --

Corporate E-learning Market 2021 report considers the revenue generated from the sales of corporate e-learning modules. The latest trend gaining momentum in the market is Emergence of IoT and wearable devices. The Internet of Things (IoT) and wearable devices have gained traction in the corporate training industry over the last few years. This is owing to the rapid adoption of digital solutions to implement e-learning. Wearable devices or apps are emerging as the most convenient and time-saving solutions, right from logging attendance of trainees to monitoring their performances in an Internet-enabled room according to ReportsnReports.com.

Get complete report on Corporate E-learning Market spread across 101 pages, analyzing 19 major companies and providing 36 data exhibits now available at http://www.reportsnreports.com/reports/1204943-global-corporate-e-learning-market-2017-2021.html .

Corporate e-learning market growing at 18.54% CAGR to 2021. According to the e-learning market report, one of the major drivers for this market is Use of e-learning reduces costs for organizations. Corporate training poses as one of the key expenses of any organization. The overall productivity of any company depends primarily on how well the new hires are being trained and the existing employees are upgrading their skills. Therefore, organizations are increasingly adopting innovative ways to train their employees in the most cost-effective ways. Costs associated with traditional training in a brick and mortar setup, including additional traveling expenses, employee and trainer time, and facility charges, are considerably high. In addition, escalating costs associated with printing instruction materials and assessment papers are higher compared with just making them available online and giving employees access to the Internet and digital content.

Companies as the key players in the global corporate e-learning market: Adobe, Expertus, GP Strategies, and Skillsoft. Other Prominent Vendors in the market are: AllenComm, G-Cube, Learning Pool, City & Guilds Group, Articulate, EI Design, CCS Digital Education, PulseLearning, SweetRush, Learnnovators, XoomPoint, Designing Digitally, Tata Interactive Systems, Elucidat, and Cornerstone OnDemand.

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Further, the corporate e-learning market report states that one of the major factors hindering the growth of this market is Challenges related to budget. Organizations across the globe have fixed budgets allocated to employee training. Companies with sufficient budgets to own essential hardware and software solutions or systems to implement e-learning find it easy to attract employees who are willing to learn in a digitally advanced learning environment. However, organizations with a limited budget may prefer holding on to conventional training methodologies, without incurring extra expenditure on buying new tools and technologies. This, in turn, may hamper the growth of the market. In addition, the switching cost from one technology or tool, such as the LMS, could be extremely high for a few companies.

This report, Global Corporate E-learning Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Related report is Global RPA Platform Training Market 2017-2021, the analysts forecast global RPA platform training market to grow at a CAGR of 4.93% during the period 2017-2021. One trend in the RPA platform training market is increase in strategic partnerships among vendors. The majority of the RPA training vendors are entering strategic partnerships with local and region-specific vendors to expand and capture the regional market and expand their customer base. In turn, as the majority of the local and regional vendors lack the ability to develop their own proprietary course content, they enter strategic partnerships with established vendors and provide training using licensed course modules of these established vendors

Key players in the global RPA platform training market: Anexas, Blue Prism, Digital Workforce Academy, The RPA Academy, and UiPath. Other Prominent Vendors in the market are: Automation Anywhere, Cignex Datamatics, Kelly Technologies, Symphony,Tek Classes, and Virtual Operations. Browse complete RPA Platform Training Market report at http://www.reportsnreports.com/reports/1204933-global-rpa-platform-training-market-2017-2021.html .

Explore other new reports on IT & Telecommunication Market http://www.reportsnreports.com/market-research/information-technology/ .

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