Corporate E-learning is a substitute technique for employee education and training. Corporate E-learning is online education explicitly designed to meet the needs and requirements of the corporate environment. It involves the use of electronic resources, such as web-based courses, virtual classrooms, multimedia modules, and online assessments, to provide employees with flexible and accessible learning opportunities. Corporate E-learning is often utilized for employee on boarding, skill development, compliance training, leadership development, and other professional development purposes. It offers organizations a cost-effective and scalable approach to deliver training and education, allowing employees to learn at their own pace and convenience, regardless of geographical location.
Organizations are stressing the importance of providing well-designed courses for their employees to upgrade their expertise and maximize their skill set. These programs also promote higher productivity, staff retention, and workplace morale, all of which improve the business's bottom line. These factors have increased the use of e-learning platforms in various sectors, including government, manufacturing, healthcare, and BFSI. The corporate E-learning platform has helped large organizations promptly train their entire staff on product upgrades, changes in management structures, or compliance policies, saving time and effort.
The market for corporate E-learning is experiencing growth due to the increasing number of small and medium-sized businesses (SMEs) opting for e-learning platforms to provide their employees with the flexibility to join courses at their convenience. SMEs recognize the benefits of corporate E-learning solutions as a means to deliver high-quality learning programs to enhance the skills and knowledge of their workforce. By adopting corporate E-learning solutions, these enterprises can overcome traditional barriers such as time constraints and geographical limitations, allowing their employees to access learning materials and courses anytime and anywhere.
The COVID-19 pandemic had a beneficial impact on the corporate E-learning market. Companies had been compelled to use work-from-home due to the government's strict lockdown measures. It restricted their one-on-one interactions and made it difficult to train the staff. Many companies switched to online platforms to exchange information and upskill their employees to resolve this issue. The availability of online course websites and the increasing preference of professionals for corporate E-learning solutions is anticipated to drive market growth over the forecast period.
Major players operating in the corporate E-learning market are undertaking strategies such as mergers, product launches, acquisitions, and joint ventures. For instance, in July 2020, Infor, one of the leading providers of business cloud software, announced the release of a new module focusing on global human resource training.
Learning Management System (LMS)
By Organization Size
City & Guilds
Digital Ignite, LLC.
Allen Communication Learning Services
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