The E-Learning Corporate Compliance Training Market has emerged as a vital component of modern business operations, addressing the critical need for organizations to ensure adherence to industry regulations, ethics, and best practices. Leveraging digital platforms and interactive content, this market offers innovative and efficient ways to educate employees about compliance protocols, risk management, and legal obligations. The convenience and flexibility of e-learning solutions allow companies to train a geographically dispersed workforce while maintaining consistent, up-to-date training materials. As companies recognize the significance of maintaining regulatory compliance and ethical standards, the E-Learning Corporate Compliance Training market continues to evolve, offering tailored and engaging learning experiences that foster a culture of integrity within businesses.

Impact of Covid-19 pandemic on market:

 

Due to the outbreak of COVID-19, schools, universities, and corporate compliance training institutes are forced to close and consider implementing e-learning solutions to ensure continuity in imparting education. Online learning institutions are also registering a substantial growth in the number of students. The report will estimate the impact of Covid19 on the demand for smart education and learning solutions for Covid19 as a significant market contributor by continuously monitoring the market dynamics.

 

The report "Global E-Learning Corporate Compliance Training Market, By Type (Blended and Online), By Application (Information Security Training, Regulatory Compliance Training, Sexual Harassment Training, and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa) - Trends, Analysis and Forecast till 2029”.

 

Key Highlights:

 

  • In May 2020, Skillsoft Limited announced the debut of its first Azure Fundamentals and Amazon Web Services Cloud Practitioner Bootcamps. These courses offer virtual, classroom-setting experiences. Available online and at learners’ convenience, these virtual Bootcamps can be attended life or by viewing recorded sessions. At a time when all in-person training and events are halted, Skillsoft’s Cloud Services Bootcamps offer live personalized instruction in a virtual classroom setting enabling technology professionals to maximize this time by keeping skills relevant and preparing for professional certifications.
  • In March 2020, Blackboard Inc. announced the execution of a definitive agreement to sell its Blackboard Open LMS business to Learning Technologies Group plc. The transaction enables Blackboard to further simplify its business and accelerate momentum in helping clients move to its Software as a Service (SaaS) deployment of Learn and Ultra, its next-generation Learning Management System (LMS). It will also allow Open LMS, a leading Moodle-based SaaS LMS, to increase its focus on the innovations and services that are core to its client base. The transaction is expected to close early in the second quarter of 2020.

 

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Key Market Insights from the report:        

 

The global E-learning corporate compliance training market accounted for US$ 5 billion in 2019 and is estimated to be US$ 14.1 billion by 2029 and is anticipated to register a CAGR of 11.1%. The market report has been segmented on the basis of type, application, and region.

 

  • By type, the global E-learning corporate compliance training market is segmented into blended and online.
  • By application, the target market is segmented into information security training, regulatory compliance training, sexual harassment training, and others.
  • By region, North America estimates for the highest market share during 2017 and will continue to lead the market in the coming years. The market is witnessing a high growth rate in the region owing to the presence of technology-enabled corporate training and delivery methods. Further, compliance training through mobile devices using synchronous and asynchronous methods, and games, videos, and simulated content besides the textual format also drives the market growth in this region. In addition, the growing preference for custom-built compliance training solutions owing to the changing regulations will also boost the market’s growth prospects.

 

Competitive Landscape:

 

The prominent player operating in the global E-learning corporate compliance training market includes Skillsoft Limited, Blackboard Inc., GP Strategies, SAI Global Limited, Cornerstone OnDemand Inc., NAVEX Global, Crossknowledge, 360training.com, Saba Software Inc, and City & Guilds Kineo Limited.

 

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

 

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