Market Overview:
The global microlearning platforms market is expected to grow from USD 1.02 Billion in 2018 to USD 2.48 Billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the market can be attributed to the increasing demand for microlearning platforms across different industries, such as retail, manufacturing & logistics, finance & insurance, automotive retail, and others. In addition, the growing trend of using cloud-based microlearning platforms is also contributing to the growth of this market.
Product Definition:
Microlearning platforms are digital tools that enable employees to learn new skills or update their knowledge on the go. The platforms are designed to offer bite-sized lessons that can be completed in a few minutes, making them ideal for busy professionals. Microlearning platforms can be used to improve job performance by teaching new skills or reinforcing best practices. They can also help employees stay up-to-date on changes in their industry or field.
Cloud Based:
Cloud-based learning is a model of delivering education where the student takes classes online. The lectures are stored on the cloud and can be accessed by multiple students from any location. It provides flexibility to students in terms of when, where and how they learn. Cloud based microlearning platforms provide instant access to course content which helps increase engagement as well as improves retention rates.
Web Based:
Microlearning platforms are used to deliver short educational courses on a website. These microlearning modules or courses can be accessed from mobile devices, PCs, and laptops. Microlearning is different from e- Learning as the former requires students to actively participate in the learning process whereas latter does not.
Application Insights:
The manufacturing & logistics segment accounted for the largest revenue share in 2017. This is owing to the rising adoption of mlearning platforms by companies to provide customized training solutions to their employees. The retail and automotive segments are also expected to witness significant growth over the forecast period owing largely due to increasing consumer demand and awareness regarding better customer service delivery. Microlearning platform helps organizations in providing engaging, personalized, and interactive learning experience that helps employees improve their skillset required for delivering superior customer service.
The finance & insurance application segment is anticipated grow at a CAGR of XX% from 2018-2030 as financial institutions adopt microlearning platform based courses on a wide range of subjects such as accounting, investment banking, derivatives etc., These courses help freshers understand complex concepts in easy steps with examples from real world situations which further boosts market growth during this period.
Regional Analysis:
North America is expected to be the fastest growing region over the forecast period. The regional growth can be attributed to increasing adoption of microlearning platforms in various sectors such as retail, manufacturing & logistics, and others. In addition, rising usage of mobile learning apps for learning purposes has been boosting regional market growth. Asia Pacific is anticipated to witness significant growth during the forecast period owing to increasing awareness about microlearning platforms among end users and developers in this region.
Growth Factors:
- Increasing demand for microlearning courses to improve employee productivity and skills
- Proliferation of mobile devices and apps that provide easy access to microlearning content
- Growing popularity of social learning and collaborative platforms for microlearning
- Emergence of new technologies such as virtual reality and augmented reality that can be used for delivering microlearning content
- Rising demand from corporate training departments for cost-effective, customized, and scalable learning solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Microlearning Platforms Market Research Report
By Type
Cloud Based, Web Based, The Cloud Based type occupies the largest market share segment and is the fastest growing, Microlearning Platform
By Application
Retail, Manufacturing & Logistics, Finance & Insurance, Automotive Retail, Others, Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
By Companies
Saba Software, Mindtree, Bigtincan, BrainStorm, Axonify, Ispring, Sponge, SwissVBS, Epignosis, Whatfix, Gameffective (Centrical), Qstream, Allen Interactions, Grovo, Trivantis, Fivel, EdApp, Gnowbe, Verb, EduMe, Float, HandyTrain, MLevel, ExpandShare, Microlearning Platform
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Microlearning Platforms Market Report Segments:
The global Microlearning Platforms market is segmented on the basis of:
Types
Cloud Based, Web Based, The Cloud Based type occupies the largest market share segment and is the fastest growing, Microlearning Platform
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Retail, Manufacturing & Logistics, Finance & Insurance, Automotive Retail, Others, Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Saba Software
- Mindtree
- Bigtincan
- BrainStorm
- Axonify
- Ispring
- Sponge
- SwissVBS
- Epignosis
- Whatfix
- Gameffective (Centrical)
- Qstream
- Allen Interactions
- Grovo
- Trivantis
- Fivel
- EdApp
- Gnowbe
- Verb
- EduMe
- Float
- HandyTrain
- MLevel
- ExpandShare
- Microlearning Platform
Highlights of The Microlearning Platforms Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- The Cloud Based type occupies the largest market share segment and is the fastest growing
- Microlearning Platform
- By Application:
- Retail
- Manufacturing & Logistics
- Finance & Insurance
- Automotive Retail
- Others
- Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Microlearning Platforms Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Microlearning platforms are online tools that help users learn new information more effectively. They typically include features such as interactive exercises, videos, and quizzes that make it easy to stay engaged while learning. Microlearning platforms can be used for a variety of purposes, including personal development, education, and business training.
Some of the key players operating in the microlearning platforms market are Saba Software, Mindtree, Bigtincan, BrainStorm, Axonify, Ispring, Sponge, SwissVBS, Epignosis, Whatfix, Gameffective (Centrical), Qstream, Allen Interactions, Grovo, Trivantis, Fivel, EdApp, Gnowbe, Verb, EduMe, Float, HandyTrain, MLevel, ExpandShare, Microlearning Platform.
The microlearning platforms market is expected to register a CAGR of 12.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microlearning Platforms 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. Microlearning Platforms Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microlearning Platforms Market - Supply Chain
4.5. Global Microlearning Platforms Market Forecast
4.5.1. Microlearning Platforms Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microlearning Platforms Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microlearning Platforms Market Absolute $ Opportunity
5. Global Microlearning Platforms Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microlearning Platforms Market Size and Volume Forecast by Type
5.3.1. Cloud Based
5.3.2. Web Based
5.3.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
5.3.4. Microlearning Platform
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microlearning Platforms Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microlearning Platforms Market Size and Volume Forecast by Application
6.3.1. Retail
6.3.2. Manufacturing & Logistics
6.3.3. Finance & Insurance
6.3.4. Automotive Retail
6.3.5. Others
6.3.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microlearning Platforms Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microlearning Platforms Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microlearning Platforms Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microlearning Platforms Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microlearning Platforms Demand Share Forecast, 2019-2026
9. North America Microlearning Platforms 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
9.2. North America Microlearning Platforms Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microlearning Platforms Market Size and Volume Forecast by Application
9.4.1. Retail
9.4.2. Manufacturing & Logistics
9.4.3. Finance & Insurance
9.4.4. Automotive Retail
9.4.5. Others
9.4.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microlearning Platforms Market Size and Volume Forecast by Type
9.7.1. Cloud Based
9.7.2. Web Based
9.7.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
9.7.4. Microlearning Platform
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microlearning Platforms Demand Share Forecast, 2019-2026
10. Latin America Microlearning Platforms 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. Latin America Average Pricing Analysis
10.2. Latin America Microlearning Platforms Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microlearning Platforms Market Size and Volume Forecast by Application
10.4.1. Retail
10.4.2. Manufacturing & Logistics
10.4.3. Finance & Insurance
10.4.4. Automotive Retail
10.4.5. Others
10.4.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microlearning Platforms Market Size and Volume Forecast by Type
10.7.1. Cloud Based
10.7.2. Web Based
10.7.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
10.7.4. Microlearning Platform
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microlearning Platforms Demand Share Forecast, 2019-2026
11. Europe Microlearning Platforms 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. Europe Average Pricing Analysis
11.2. Europe Microlearning Platforms Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microlearning Platforms Market Size and Volume Forecast by Application
11.4.1. Retail
11.4.2. Manufacturing & Logistics
11.4.3. Finance & Insurance
11.4.4. Automotive Retail
11.4.5. Others
11.4.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microlearning Platforms Market Size and Volume Forecast by Type
11.7.1. Cloud Based
11.7.2. Web Based
11.7.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
11.7.4. Microlearning Platform
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microlearning Platforms Demand Share, 2019-2026
12. Asia Pacific Microlearning Platforms Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microlearning Platforms Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microlearning Platforms Market Size and Volume Forecast by Application
12.4.1. Retail
12.4.2. Manufacturing & Logistics
12.4.3. Finance & Insurance
12.4.4. Automotive Retail
12.4.5. Others
12.4.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microlearning Platforms Market Size and Volume Forecast by Type
12.7.1. Cloud Based
12.7.2. Web Based
12.7.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
12.7.4. Microlearning Platform
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microlearning Platforms Demand Share, 2019-2026
13. Middle East & Africa Microlearning Platforms Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microlearning Platforms Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microlearning Platforms Market Size and Volume Forecast by Application
13.4.1. Retail
13.4.2. Manufacturing & Logistics
13.4.3. Finance & Insurance
13.4.4. Automotive Retail
13.4.5. Others
13.4.6. Retail occupies the largest application market share, accounting for 30% of all applications. Finance & Insurance is the fastest growing application
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microlearning Platforms Market Size and Volume Forecast by Type
13.7.1. Cloud Based
13.7.2. Web Based
13.7.3. The Cloud Based type occupies the largest market share segment and is the fastest growing
13.7.4. Microlearning Platform
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microlearning Platforms Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microlearning Platforms Market: Market Share Analysis
14.2. Microlearning Platforms Distributors and Customers
14.3. Microlearning Platforms Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Saba Software
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mindtree
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bigtincan
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. BrainStorm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Axonify
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ispring
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sponge
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. SwissVBS
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Epignosis
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Whatfix
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Gameffective (Centrical)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Qstream
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Allen Interactions
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Grovo
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Trivantis
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Fivel
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. EdApp
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Gnowbe
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Verb
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