Global Microlearning Market, By Component Type (Solutions, Services), By Deployment Type (On-premise

Published Date: | Report Code : IT1958588

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Microlearning involves short-term strategies designed for skill-based understanding. It is a holistic approach for skill-based learning and education that deals with small learning units.

This market is segmented based on the component type, deployment type, organization size, and end-users.

Based on the component type, the bifurcation is solutions and services. The services segment is sub-segmented as consulting & implementation and Support & maintenance.

By the deployment method, the segmentation is on-premise and cloud. The cloud-based training is more in use as everything is hosted over a stable internet connection and one can access the site by simply logging in. the trainers can upload any new material, update the courses, create any new course and interact with the learners without the need to download any application software. This type of deployment is more preferred as it is not only very secure and easily accessible, but it also has an enhanced storage space, easily maintained and customizable. This type of learning is accessible to anyone anywhere given they have internet access.

On the basis of the organization's size, they are large enterprises and SMEs.

Based on the end-users, it is divided as Retail, Telecom & IT, Manufacturing & Logistics, BFSI, Healthcare, and Others. In the manufacturing & logistics industry, there is a great focus on enhancing efficiency, quality improvement and compliance of policies. This makes microlearning every essential in this segment as the employees can upgrade their skills and learn new content, thereby increasing productivity.

Key Factors Impacting Market Growth:

  • Increase in demand for training mobile workers

  • Rising need for skills and result-oriented training

Key Developments:

  • In September 2018, Axonify (Canada) partnered with Grab Inc (Singapore) to enhance their driver-partner relation by the adoption of the Axonify platform for providing training

Regional Analysis:

By region, the microlearning market is estimated to be dominated by North America, Western Europe, and the Asia Pacific during the forecast period. With technological advancements and a cluster of global companies operating in these regions, these regions hold key to the growth and development of the microlearning market during the forecast period. Most of the leading companies have operations in these regions to cater to the potential end-users in the respective region.

The North America microlearning market is further segmented by the US, Canada, and Mexico, whereas Germany, UK, France, Italy are estimated to be some of the major markets in Western Europe. Asia Pacific region is segmented by China, Japan, South Korea, India, and Australia. The Middle East and Eastern Europe are estimated to be potential markets with growing demand during the forecast period. Major countries in these regions include Russia, UAE, Saudi Arabia, Israel, and others.

Companies Covered: Saba Software, Axonify, Bigtincan, IBM, SwissVBS, iSpring Solutions, Epignosis, Cornerstone OnDemand, Qstream...Market Segmentation:

By Component Type:

  • Solution

  • Services

    • Consulting & Implementation

    • Support & Maintenance

By Organization Size:

  • Large Enterprises

  • SMEs

By Deployment Type:

  • On-premises

  • Cloud

By End Users:

  • Retail

  • Telecom & IT

  • Manufacturing & Logistics

  • BFSI

  • Healthcare

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

  • Rest of the World

    • By Region (South America, Africa)

    • By Component Type

    • By Organization Size

    • By Deployment Type

    • By End Users

Reasons To Buy This Report:

  • Market size estimation of the microlearning Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

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