The growth of the global managed learning service market is
majorly driven by increased demand for personalized learning
experiences and expansion of digital learning platforms &
tools.
PORTLAND, Ore., May 21, 2024 /PRNewswire/ -- Allied Market
Research published a report, titled, "Managed Learning Service
Market by Type (Sourcing External Training, L&D
Administration, Supplier Management, and Others), Enterprise Size
(Small & Medium Enterprises and Large Enterprises),
Delivery Mode (Distance Learning, Instructor-Led Training, and
Blended Training), and Industry Vertical (Banking, Financial
Services, & Insurance (BFSI), Consumer Goods & Retail,
Telecommunications & IT, Healthcare, Education, and Others):
Global Opportunity Analysis and Industry Forecast, 2023-2032".
According to the report, the "managed learning service market" was
valued at $3.6 billion in 2022, and
is estimated to reach $9.4 billion by
2032, growing at a CAGR of 10.3% from 2023 to 2032.
Prime determinants of growth
The increased demand for personalized learning experiences and
growth of digital learning platforms and tools positively impacts
the expansion of the market. In addition, integration of AI &
machine learning for adaptive learning solutions and rise in demand
for cost-effectiveness of outsourcing learning management solution
strengthen the growth of the market for future. Furthermore,
expansion of emerging markets with surge in education demands and
rise in specialized learning solutions for niche industries are
expected to provide lucrative opportunities for market growth. In
addition, increase in customization options to cater to diverse
learner needs and rise in integration with HR systems for seamless
talent development are anticipated to create numerous opportunities
for the managed learning service market in the coming years.
However, data privacy & security concerns and resistance to
change traditional learning methods hamper the growth of the
market.
Request Sample Pages:
https://www.alliedmarketresearch.com/request-sample/A14722
Report Coverage & Details
Report
Coverage
|
Details
|
Forecast
Period
|
2023-2032
|
Base Year
|
2022
|
Market Size in
2022
|
$3.6 Billion
|
Market Size in
2032
|
$9.4 Billion
|
CAGR
|
10.3 %
|
No. of Pages in
Report
|
93
|
Segments
covered
|
Type, Enterprise Size,
Delivery Mode, Industry Vertical, and Region
|
Drivers
|
The increased demand
for personalized learning experiences
Growth of digital
learning platforms and tools
Integration of AI &
machine learning for adaptive learning solutions
Rise in demand for
cost-effectiveness of outsourcing learning management
solution
|
Opportunities
|
Expansion of emerging
markets with surge in education demands
Rise in specialized
learning solutions for niche industries
Increase in
customization options to cater to diverse learner needs
Rise in integration
with HR systems for seamless talent development
|
Restraints
|
Data privacy &
security concerns
Resistance to change
traditional learning methods
|
Buy this Complete Report (PDF with Insights, Charts, Tables, and
Figures) at:
https://www.alliedmarketresearch.com/managed-learning-service-market/purchase-options
The others segment to maintain its leadership
status throughout the forecast period
Depending on type, the sourcing external training segment held
the highest market share in 2022, accounting for nearly two-fifths
of the managed learning service market revenue, and is estimated to
maintain its leadership status throughout the forecast period. This
segment involves identifying and procuring specialized training
programs, courses, and resources from external providers to
complement the internal learning offerings. However, the others
segment is projected to manifest the highest CAGR of 12.8 % from
2023 to 2032. The others segment enhance the value proposition
of managed learning solutions and contribute to driving innovation,
efficiency, & competitiveness within the market.
The small and medium enterprise segment to maintain its
leadership status throughout the forecast period
Depending on enterprise size, the large enterprise segment held
the highest market share in 2022, accounting for more than
three-fourths of the managed learning service market revenue, and
is estimated to maintain its leadership status throughout the
forecast period. Managed learning services play a key role in
empowering large enterprises to enhance employee performance, drive
innovation, and help to achieve strategic objectives in a dynamic
and highly competitive business environment. However, the
small and medium enterprise segment is projected to manifest the
highest CAGR of 12.5% from 2023 to 2032. Leveraging managed
learning services enables SMEs to stay abreast of industry trends,
regulatory requirements, and emerging technologies.
The blended training segment to maintain its leadership
status throughout the forecast period
On the basis of delivery mode, the instructor-led training
segment held the highest market share in 2022, accounting for
nearly half of the managed learning service market revenue, and is
estimated to maintain its leadership status throughout the forecast
period. ILT is a powerful training method that drives
engagement, knowledge retention, and skill
development. However, the blended training segment is
projected to register the highest CAGR of 11.8% from 2023 to
2032. As blended learning approaches have been
increasingly promoted and adopted by school systems and higher
educational institutions across the world.
The education segment to maintain its leadership status
throughout the forecast period
On the basis of industry vertical, the telecommunications and IT
segment held the highest market share in 2022, accounting for more
than one-fourth of the managed learning service market
revenue, and is estimated to maintain its leadership status
throughout the forecast period. This is due to the rapid
technological advancements and evolving industry landscapes,
telecommunication and IT companies are adopting managed learning
services for upskilling and reskilling their workforce to remain
competitive in the industry. However, the education segment is
projected to register the highest CAGR of 12.7% from 2023 to 2032.
The rapid adoption of digital technologies in education sectors has
spurred the need for robust online LMS, virtual classrooms, and
e-learning content development.
North America to maintain
its dominance by 2032
Region wise, North America held
the highest market share in terms of revenue in 2022, accounting
for more than two-fifths of the managed learning service
market revenue, owing to increase in investments in advanced
technologies such as cloud computing, AI and MLS to improve
businesses and customer experiences in the region. However,
Asia-Pacific is expected to
witness the fastest CAGR of 12.8% from 2023 to 2032, and is likely
to enhance the market growth during the forecast period, owing to
rapid digitalization and internet penetration in the region.
Enquiry Before Buying:
https://www.alliedmarketresearch.com/purchase-enquiry/A14722
Leading Market Players
- TTA (The Training Associates)
- Wahoo Learning
- G-Cube
- GP Strategies Corporation
- Infopro Learning, Inc.
- NIIT (USA), Inc.
- Schouten Global
- Capita Plc.
- Learning Tree International, Inc.
- Hemsley Fraser Group Ltd.
- TTEC Holdings, Inc.
- QA
The report provides a detailed analysis of these key players in
the managed learning service market. These players have adopted
different strategies such as new product launches, collaborations,
expansion, joint ventures, agreements and others to increase their
market share and maintain dominant shares in different countries.
The report is valuable in highlighting business performance,
operating segments, product portfolio, and strategic moves of
market players to showcase the competitive scenario
AVENUE- A Subscription-Based Library (Premium on-demand,
subscription-based pricing model):
AMR introduces its online premium subscription-based library
Avenue, designed specifically to offer cost-effective, one-stop
solution for enterprises, investors, and universities. With Avenue,
subscribers can avail an entire repository of reports on more than
2,000 niche industries and more than 12,000 company profiles.
Moreover, users can get an online access to quantitative and
qualitative data in PDF and Excel formats along with analyst
support, customization, and updated versions of reports.
Get an access to the library of reports at any time from any
device and anywhere. For more details, follow the
link: https://www.alliedmarketresearch.com/library-access
About Us:
Allied Market Research (AMR) is a full-service market research
and business-consulting wing of Allied Analytics LLP based in
Wilmington, Delaware. Allied
Market Research provides global enterprises as well as medium and
small businesses with unmatched quality of "Market Research Reports
Insights" and "Business Intelligence Solutions." AMR has a targeted
view to provide business insights and consulting to assist its
clients to make strategic business decisions and achieve
sustainable growth in their respective market domain.
We are in professional corporate relations with various
companies, and this helps us in digging out market data that helps
us generate accurate research data tables and confirms utmost
accuracy in our market forecasting. Allied Market Research CEO
Pawan Kumar is instrumental in
inspiring and encouraging everyone associated with the company to
maintain high quality of data and help clients in every way
possible to achieve success. Each and every data presented in the
reports published by us is extracted through primary interviews
with top officials from leading companies of domain concerned. Our
secondary data procurement methodology includes deep online and
offline research and discussion with knowledgeable professionals
and analysts in the industry.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
help@alliedmarketresearch.com
Logo:
https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg
View original
content:https://www.prnewswire.co.uk/news-releases/managed-learning-service-market-to-reach-9-4-billion-by-2032-at-10-3-cagr-allied-market-research-302151040.html