The North America Corporate E-learning Market is expected to witness market growth of 19.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Corporate E-learning Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $137.53 billion by 2031. The Canada market is experiencing a CAGR of 21.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.7% during 2024-2031.
Traditional onboarding processes, often involving printed manuals and face-to-face meetings, are time-consuming and costly. E-learning platforms allow new hires to complete the onboarding process virtually, providing essential information about the company, its policies, and its specific roles. This can include videos, quizzes, and interactive modules that ensure employees are well-equipped from day one. E-learning ensures that employees can be onboard at their own pace and convenience, making the process more efficient and effective.
Moreover, compliance training is a non-negotiable aspect of many industries, especially healthcare, finance, and manufacturing. Corporate e-learning solutions have made it easier to deliver compliance training at scale. These platforms can automate training schedules, track employee progress, and ensure up-to-date certifications.
In Mexico, the retail sector is a critical driver of the economy, with an estimated revenue of USD 76 billion and over 47,000 retail stores across the country. Walmart de Mexico, holding a dominant share of the supermarket market, exemplifies the retail industry’s scale and influence. As the retail market grows and becomes more competitive, companies like Walmart and other retail giants are increasingly focusing on digitalization and operational efficiency. This results in a heightened need for a skilled workforce adept in e-commerce, digital marketing, inventory management, and customer service.
The US market dominated the North America Corporate E-learning Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $137.53 billion by 2031. The Canada market is experiencing a CAGR of 21.6% during 2024-2031. Additionally, the Mexico market is expected to exhibit a CAGR of 20.7% during 2024-2031.
Traditional onboarding processes, often involving printed manuals and face-to-face meetings, are time-consuming and costly. E-learning platforms allow new hires to complete the onboarding process virtually, providing essential information about the company, its policies, and its specific roles. This can include videos, quizzes, and interactive modules that ensure employees are well-equipped from day one. E-learning ensures that employees can be onboard at their own pace and convenience, making the process more efficient and effective.
Moreover, compliance training is a non-negotiable aspect of many industries, especially healthcare, finance, and manufacturing. Corporate e-learning solutions have made it easier to deliver compliance training at scale. These platforms can automate training schedules, track employee progress, and ensure up-to-date certifications.
In Mexico, the retail sector is a critical driver of the economy, with an estimated revenue of USD 76 billion and over 47,000 retail stores across the country. Walmart de Mexico, holding a dominant share of the supermarket market, exemplifies the retail industry’s scale and influence. As the retail market grows and becomes more competitive, companies like Walmart and other retail giants are increasingly focusing on digitalization and operational efficiency. This results in a heightened need for a skilled workforce adept in e-commerce, digital marketing, inventory management, and customer service.
List of Key Companies Profiled
- Adobe, Inc.
- Allen Communication Learning Services
- D2L Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Skillsoft Corporation
- Udemy, Inc.
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
Market Report Segmentation
By Organization Size- Large Enterprises
- SMEs
- Distance Learning
- Instructor-led Training
- Blended Learning
- IT
- Healthcare
- BFSI
- Manufacturing
- Retail
- Other Vertical
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. North America Corporate E-learning Market by Organization Size
Chapter 6. North America Corporate E-learning Market by Learning Type
Chapter 7. North America Corporate E-learning Market by Vertical
Chapter 8. North America Corporate E-learning Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Adobe, Inc.
- Allen Communication Learning Services
- D2L Inc.
- Microsoft Corporation
- Oracle Corporation
- SAP SE
- Skillsoft Corporation
- Udemy, Inc.
- IBM Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
Methodology
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