E-learning Corporate Compliance Training Market Size [2031]
E-learning Corporate Compliance Training Market Size [2031]
Segments - E-learning Corporate Compliance Training Market by Component (Services and Solutions), Deployment (Cloud and On-premise), Application (Regulatory Compliance Training, Information Security Training, Sexual Harassment Training, Cyber Security Training, Code-of-Conduct and Ethics Training, Diversity Training, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031
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| Report ID :BFSI-5916
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Report Description
E-learning Corporate Compliance Training Market Outlook 2031
The global E-learning corporate compliance training market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of XX% during 2023–2031. The market is driven by the increasing awareness of workplace ethics.
Growth of corporate culture in the developing and under-developed economies of the world is anticipated to boost the market during the assessment period. Organizations use these programs to train their employees to comply with rules and regulations. Companies are making major investments in training and development activities to ensure improved productivity and adherence to regulations among employees.
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As per a survey report published in September 2023, mid-size companies in the US spend large amounts of time training their employees. According to the estimates for 2022, these companies spent around 71 hours training each employee.
Need for standardized compliance training grows, as companies expand globally. Availability of adaptable e-learning platforms allows companies to customize training programs as per the needs of learners. Furthermore, the rise of remote work setups makes e-learning a practical option for training dispersed workforces. These factors are likely to provide substantial propulsion in the coming years.
The COVID-19 pandemic boosted the market, due to the rising trend of work-from-home culture. Most employees of corporate organizations were working from home to minimize the risk of infection. As a result, compliance training needed to be held in remote locations rather than the office. This significantly increased the demand for e-learning alternatives, thereby fueling the market.
Impact of Artificial Intelligence (AI) in E-learning Corporate Compliance Training Market
The use of artificial intelligence is likely to provide substantial propulsion to the E-learning corporate compliance training market. AI in e-learning corporate compliance training provides personalized learning paths and helps in engagement as well as knowledge retention. Additionally, AI-driven analytics provide real-time insights into the performance of learners, helping the organization address and identify compliance training gaps effectively.
E-learning Corporate Compliance Training Market Dynamics
Major Drivers
Growing investment in employee training programs is expected to drive the market during the projection period. Rise in demand for cost-effective and efficient training solutions has been registered in recent years. Companies are allocating a large amount of resources to enhance employee skills and compliance, hence they seek e-learning platforms to reach a broad workforce. This trend fuels innovation and competition within the e-learning industry and is anticipated to propel the market during the projection period.
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According to a survey published in April 2023, the average annual expenditure for workplace training in the US is around USD 101.6 billion in 2012-2022. In 2022, approximately 62% of companies in the US fully or partially outsourced the workplace training program.
Existing Restraints
Technical difficulties in operating the program are likely to hamper the market during the forecast period. Technical issues and complexities deter organizations from adopting these solutions, due to the need for specialized IT expertise. The complex user interface of such platforms often leads to a decline in employee engagement, thereby rendering the programs ineffective and redundant for corporate organizations.
Emerging Opportunities
Rapid corporatization of developing countries is anticipated to create substantial growth opportunities in the market. Demand for standardized compliance training solutions in the corporate sector of developing economies is high. E-learning overcomes geographical and logistical barriers; hence, it is a primary choice for corporations operating in diverse regions. Increase in the corporatization of these countries is anticipated to create opportunities in the market during the assessment period.
Scope of the E-learning Corporate Compliance Training Market Report
The market report includes an assessment of the market trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
E-learning Corporate Compliance Training Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Component (Services and Solutions), Deployment (Cloud and On-premise), Application (Regulatory Compliance Training, Information Security Training, Sexual Harassment Training, Cyber Security Training, Code-of-Conduct and Ethics Training, Diversity Training, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, Market Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Traliant; Skillsoft; OpenSesame; NAVEX Global, Inc.; GP Strategies Corporation; Cornerstone; Compliance Training Group; and 360training |
E-learning Corporate Compliance Training Market Segment Insights
Component Segment Analysis
Based on component, the E-learning corporate compliance training market is divided into services and solutions. The solutions segment is projected to hold a major share of the market during the projection period, due to the wide range of customization options available on these platforms. These solutions allow for an interactive learning experience for the employees.
Additionally, it offers robust tracking and reporting features that facilitate monitoring of employee progress and completion rate in real time. This aids in compliance management and is expected to boost the segment in the coming years.
Deployment Segment Analysis
On the basis of deployment, the global market is segregated into cloud and on-premise. The cloud segment is projected to expand at a high CAGR during the forecast period, as it removes the limitation of geographical regions. E-learning cloud solutions provide a highly efficient way to train individuals, as it is cost-effective and curbs the cost of delivery and travel expenses.
It allows employees to access the compliance training material from anytime and anywhere. These factors are anticipated to fuel this segment during the forecast period.
Application Segment Analysis
On the basis of application, the E-learning corporate compliance training market is segmented into regulatory compliance training, information security training, sexual harassment training, cyber security training, code-of-conduct and ethics training, diversity training, and others. The sexual harassment training segment is anticipated to register robust growth during the forecast period, as it helps in providing crucial information and guidance related to proper behavior at the workplace towards employees of the same or opposite gender.
These training programs enable organizations to track and document employee participation, ensuring compliance with legal requirements and promoting a safe work environment. This is likely to spur the growth of this segment in the coming years.
Regional Outlook
In terms of region, the global E-learning corporate compliance training market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is poised to dominate the global market during the assessment period, due to its advanced technological capabilities and the widespread adoption of the bring-your-own-device (BYOD) concept.
The market in the US is expected to register rapid growth, as companies in the country increasingly prioritize continuous learning solutions, such as mobile learning and game-based learning. The market in Asia Pacific is projected to expand at a high compound annual growth rate (CAGR) in the forecast period. China and India are expected to register significant adoption of e-learning solutions, due to the rapid expansion of 5G infrastructure, cloud computing, and government and corporate focus on developing employability skills.
For instance, Infosys, a key IT services company, has invested in building a training center for over 25,000 fresh employees, aimed at enhancing their entry-level skills and boosting their career prospects.
Segments
The E-learning corporate compliance training market has been segmented on the basis of
Component
- Services
- Solutions
Deployment
- Cloud
- On-premise
Application
- Regulatory Compliance Training
- Information Security Training
- Sexual Harassment Training
- Cyber Security Training
- Code-of-Conduct and Ethics Training
- Diversity Training
- Others
Region
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
Key Players
- Traliant
- Skillsoft
- OpenSesame
- NAVEX Global, Inc.
- GP Strategies Corporation
- Cornerstone
- Compliance Training Group
- 360training
Competitive Landscape
Key players competing in the global E-learning corporate compliance training market are Traliant; Skillsoft; OpenSesame; NAVEX Global, Inc.; GP Strategies Corporation; Cornerstone; Compliance Training Group; and 360 training. These companies several adopted development strategies, including mergers, acquisitions, partnerships, collaborations, product launches, and production expansion to expand their consumer base worldwide.
The ability to overcome constant obstacles such as fluctuating prices of raw materials & competition from emerging local brands as well as investment in research & innovation is vital to increase the relevance of the companies in the market. For instance,
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In April 2019, Skillsoft, one of the popular market players, released the updated iteration of its platform and content to fast-track the learning processes of workforces for digital transformation. Its Percipio platform has been elevated to accelerate digital learning for the purpose of upskilling and re-skilling the workforce.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. E-learning Corporate Compliance Training Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. E-learning Corporate Compliance Training Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. E-learning Corporate Compliance Training Market - Supply Chain
4.5. Global E-learning Corporate Compliance Training Market Forecast
4.5.1. E-learning Corporate Compliance Training Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. E-learning Corporate Compliance Training Market Size (000’ Units) and Y-o-Y Growth
4.5.3. E-learning Corporate Compliance Training Market Absolute $ Opportunity
5. Global E-learning Corporate Compliance Training Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
5.3.1. Regulatory Compliance Training
5.3.2. Information Security Training
5.3.3. Sexual Harassment Training
5.3.4. Cyber Security Training
5.3.5. Code-of-Conduct and Ethics Training
5.3.6. Diversity Training
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global E-learning Corporate Compliance Training Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. E-learning Corporate Compliance Training Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
7. North America E-learning Corporate Compliance Training Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America E-learning Corporate Compliance Training Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
7.4.1. Regulatory Compliance Training
7.4.2. Information Security Training
7.4.3. Sexual Harassment Training
7.4.4. Cyber Security Training
7.4.5. Code-of-Conduct and Ethics Training
7.4.6. Diversity Training
7.4.7. Others
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
8. Latin America E-learning Corporate Compliance Training Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America E-learning Corporate Compliance Training Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
8.4.1. Regulatory Compliance Training
8.4.2. Information Security Training
8.4.3. Sexual Harassment Training
8.4.4. Cyber Security Training
8.4.5. Code-of-Conduct and Ethics Training
8.4.6. Diversity Training
8.4.7. Others
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
9. Europe E-learning Corporate Compliance Training Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe E-learning Corporate Compliance Training Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
9.4.1. Regulatory Compliance Training
9.4.2. Information Security Training
9.4.3. Sexual Harassment Training
9.4.4. Cyber Security Training
9.4.5. Code-of-Conduct and Ethics Training
9.4.6. Diversity Training
9.4.7. Others
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
10. Asia Pacific E-learning Corporate Compliance Training Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific E-learning Corporate Compliance Training Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
10.4.1. Regulatory Compliance Training
10.4.2. Information Security Training
10.4.3. Sexual Harassment Training
10.4.4. Cyber Security Training
10.4.5. Code-of-Conduct and Ethics Training
10.4.6. Diversity Training
10.4.7. Others
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
11. Middle East & Africa E-learning Corporate Compliance Training Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa E-learning Corporate Compliance Training Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa E-learning Corporate Compliance Training Market Size and Volume Forecast by Applications
11.4.1. Regulatory Compliance Training
11.4.2. Information Security Training
11.4.3. Sexual Harassment Training
11.4.4. Cyber Security Training
11.4.5. Code-of-Conduct and Ethics Training
11.4.6. Diversity Training
11.4.7. Others
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa E-learning Corporate Compliance Training Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global E-learning Corporate Compliance Training Market: Market Share Analysis
12.2. E-learning Corporate Compliance Training Distributors and Customers
12.3. E-learning Corporate Compliance Training Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Traliant
12.4.2. Skillsoft
12.4.3. OpenSesame
12.4.4. NAVEX Global, Inc.
12.4.5. GP Strategies Corporation
12.4.6. Cornerstone
12.4.7. Compliance Training Group
12.4.8. 360training
Methodology
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