TORONTO – The eLearning market is predicted to experience significant global growth over the next five years, largely driven by advances in technology, evolving business needs and a number of emerging Learning & Development trends, according to Docebo’s newly released research report: eLearning Market Trends and Forecast 2017-2021.
“This report pulls together metrics and insights from a wide variety of sources, including leading analyst voices in the industry,” says Kristy Sadler, Chief Marketing Officer at Docebo, a top learning management system provider.
Among the most valuable insights are projected revenue numbers for the eLearning industry, the top learning technology priorities, L&D budget allocation information, and anticipated industry drivers and growth analyzed by geographic region.
The report is designed to be a resource for learning and development professionals to contextualize their chosen approaches within the larger global landscape of eLearning.
“We’ve tried to create a complete overview of both the current state and the future of the eLearning marketplace,” explains Sadler. “This report will help learning and development professionals understand how they can best take advantage of emerging trends in their industry.”
Highlights of the report include:
Sizing up the global eLearning market, from budget allocations to growth drivers.
Key Insight: The global corporate eLearning market is projected to reach an approximate revenue of USD $31 billion by the end of 2020. [Technavio, Global Corporate eLearning Market 2016-2020]
Continuing trends in eLearning, including social and mobile learning, micro learning and corporate MOOCs.
Key Insight: Social and collaborative tools, followed closely by mobile delivery, lead the pack in the list of top learning technology priorities [Brandon Hall Group, 2016 Learning Technology Study]
Assessing disruptive technologies such as gamification and the rise of wearables.
Key Insight: Worldwide revenues for game-based learning products reached $2.6 billion in 2016 and are predicted to surge to $7.3 billion by 2021. [Ambient Insight, The 2016-2021 Global Game-Based Learning Market]
The amalgamation of this research enables readers to make informed decisions about their own learning strategies and programs, thus increasing successful training outcomes and improved business performance.
Download the eLearning Market Trends and Forecast 2017-2021 report today to begin taking advantage of these insights.
Docebo is a global SaaS enterprise Learning Management System (LMS) used in more than 80 countries and offered in over 30 languages. Established in 2005, Docebo (Latin for “I will teach”) offers a learning ecosystem for companies and their employees, partners and customers that is designed to increase performance and learning engagement. Docebo is a learner-centric technology, embraced for its ease of use, elegance and ability to blend coaching with social and formal learning. Docebo provides a scalable pricing model and a robust set of integrations and APIs, paired with reliable support available 24/7. It’s no wonder that Docebo has been heralded by PCMag.com as “the best online learning platform for business on the market.”