The global micro-learning market is expected to exhibit a CAGR of 12.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
Micro-learning is an educational strategy that breaks complex topics down into short-form and stand-alone units of study. These small-sized pieces can be viewed as many times as necessary, whenever, and wherever the learner has a subsequent need. It assists in addressing the problems of monolithic training platforms. It also aids in mobile access, limited distraction, just-in-time learning, and actionable content. It is quick to learn and apply and focuses on a specific concept, skill, idea, or topic. Some of the commonly used micro-learning contents are text, presentations, infographics, video, audio, and interactive games.
Micro-learning Market Trends:
Traditional learning methods are nowadays considered ineffective as they rely on listening, reading, and observing. As a result, there is a significant need for advanced learning methods, which represents one of the key factors bolstering the growth of the market. Besides this, there is a rise in the demand for high flexibility and variation of jobs, especially among millennials. This has resulted in half of the workforce consisting of freelancers that work with different projects at different organizations simultaneously, which is contributing to market growth. Furthermore, leading market players are incorporating gamification in micro-learning solutions to increase the overall productivity of employees. They are also using various methods, such as rewards for task completion in case of project management or data contribution or access, which is creating a favorable market outlook. This can be attributed to the growing adoption of these solutions in schools, universities, and workplaces to continue learning while maintaining social distancing.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global micro-learning market report, along with forecasts for growth at the global and regional level from 2022-2027. Our report has categorized the market based on component, deployment mode, organization size and end user.
Breakup by Component:
Breakup by Deployment Mode:
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End User:
- Banking, Financial Services and Insurance
- IT and Telecom
Breakup by Region:
- North America
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aptara Inc. (Ienergizer), Axonify Inc., Bigtincan Holdings Limited, Cornerstone OnDemand Inc., Epignosis LLC, Ispring Solutions Inc., Mindtree Limited (Larsen & Toubro Limited), Multiversity Pvt. Ltd., Neovation Corporation, Qstream Inc., SwissVBS Inn. (BTS Group), Tesseract Learning Private Limited and Valamis Group Ltd.
|Base Year of the Analysis
||Component, Deployment Mode, Organization Size, End User, Region
|| Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Aptara Inc. (Ienergizer), Axonify Inc., Bigtincan Holdings Limited, Cornerstone OnDemand Inc., Epignosis LLC, Ispring Solutions Inc., Mindtree Limited (Larsen & Toubro Limited), Multiversity Pvt. Ltd., Neovation Corporation, Qstream Inc., SwissVBS Inn. (BTS Group), Tesseract Learning Private Limited and Valamis Group Ltd.
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Key Questions Answered in This Report:
- How has the global micro-learning market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global micro-learning market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the deployment mode?
- What is the breakup of the market based on the organization size?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global micro-learning market and who are the key players?
- What is the degree of competition in the industry?