Double-digit growth in the global corporate eLearning market

corporate eLearningDublin (Ireland) | In its recently published market study “Corporate E-Learning Market”, the Irish market researcher Research and Markets expects growth of 11 % for the period 2020-2024. The market researcher also forecasts a further overall growth in sales of 38.09 billion US dollars over the next four years.

Research and Markets sees an important reason for the predicted market growth in the cost reduction targeted by companies for company training, but also in the increasing attention paid by companies to teaching trends such as the gamification approach.

If one places the market study by Research and Markets in context, one thing becomes clear: the global corporate eLearning market is growing at a significantly higher rate of growth than the general eLearning market. The global market growth in the general eLearning market is currently estimated by market researchers such as Global Market Insights, Research and Markets and Research for Markets at around 7 to 7.5 % annually. At the same time, other market researchers such as the Indian analyst Premium Market Insights even assume a 15% annual growth rate in the period 2017-2026 and thus a market dynamic approximately twice as high as in the general eLearning market.

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