Microlearning Market Latest Innovations, Demand and Business Outlook by 2026

The Microlearning Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Microlearning market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Microlearning market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Microlearning market.

The microlearning market is expected to register a CAGR of 14.2% over the forecast period (2021- 2026).

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Top Leading Companies of Microlearning Market are - Mindtree Limited, IBM Corporation, SwissVBS, Axonify Inc, Bigtincan, Saba Software, iSpring Solutions Inc., Epignosis, Qstream, Inc., Cornerstone OnDemand, Inc. and others.

Industry News and Updates:

- May 2020: Qstream, a microlearning software leader for engaging sales teams in mobile sales learning programs was recognized among the 2020 Top Training Company for the sales training sector of the learning and development market.

- January 2020: Cornerstone OnDemand, Inc., announced that it acquired Cluster, a French technology company that developed an AI-powered skills engine and extensive skills ontology, used by leading global brands, including Carrefour and SNCF.

Key Market Trends:

Gamification of Training and Education to Drice the Market Growth

- The expedited growth of microlearning is due to an increase in the number of smartphones and mobile devices that have directly created a vast base for gamification in the microlearning market. This growth is supported by the high recognition of gamification systems as a method to architecture human behavior to induce innovation, productivity, or engagement.
- An HBR article identifies that gamification also helps in customer retention and increases customer retention rates by 5%, increases profits by 25% to 95%, and can fetch better results for the businesses. Brands can provide scannable codes on the products, and on scanning the code, the customer can avail of a certain number of loyalty points.

North America is Expected to Hold Major Share

- The North America eLearning market accounts for nearly 40% of the industry share. It is increasing due to the fast-technological adoption by numerous organizations to provide adequate training to its employees. The growth of e-learning will provide immense opportunity to microlearning providers in the region.
- The organizations in the region are attracted by gamification’s ability to raise engagement and loyalty, measured in time, on-site, repeat visits, and viral distribution by an average of 30%. Apart from participation, gamification’s revenue effects are also impressive. American multinational software company, Autodesk, raised its trial usage by 40% and conversion rates by 15% while Extraco Bank raised its customer acquisitions by 700%.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Microlearning Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Microlearning Market (%),2016 - 2026
- Microlearning Market Share, By Brand
- Microlearning Market Share, By Company
- Microlearning Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Microlearning Market Value Analysis & Forecast
- Promising Microlearning Development by Major Companies
- Detailed Microlearning Portfolio of the Major Companies
- Major Deals in the Microlearning Market
- Major Companies Analysis

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