IMARC Group, a leading market research company, has recently releases report titled “Micro-Learning Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global micro-learning market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How big is the micro-learning market?
The global micro-learning market is expected to exhibit a growth rate (CAGR) of 11.9% during 2023-2028.
What is micro-learning?
Micro-learning refers to an educational strategy that divides complex subjects into short-form and stand-alone learning units. Some of the commonly used micro-learning content includes presentations, interactive games, infographics, text, audio and video. They are widely used for just-in-time learning, mobile access and actionable content with minimal distraction. Micro-learning facilitates application-based quick learning and enhanced focus on a specific concept, topic, idea and skill. As a result, it is widely used across education, retail, information technology (IT), manufacturing, telecommunication and banking, financial services and insurance (BFSI) industries.
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What are the growth prospects and trends in the
micro-learning industry?
The global micro-learning market is primarily being driven by the increasing demand for advanced learning solutions. Microlearning solutions are deployed through the smartphones and smart devices to assist in deskless training, skill-based and result-oriented learning. Moreover, various technological advancements, such as the advent of mobile learning (m-learning) and cloud-based solutions, are favoring the market growth. These technologies provide remote access to content, notification alerts for uploaded lessons and language translation solutions for enhanced convenience. Other factors, including rising awareness among the masses regarding innovative digital learning solutions, along with the significant improvement in the education infrastructure, especially in the developing economies, are creating a positive outlook for the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Component:
- Solution
- Services
Breakup by Deployment Mode:
- On-premises
- Cloud-based
Breakup by Organization Size:
- Large Enterprises
- Small and Medium-sized Enterprises
Breakup by End User:
- Retail
- Manufacturing
- Banking, Financial Services and Insurance
- IT and Telecom
- Other
Breakup by Geography:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
- Latin America (Brazil, Mexico)
- Middle East & Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- 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
- Valamis Group Ltd.
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