The global demand for Microlearning Platforms Market is presumed to reach the market size of nearly USD 7.83 MN by 2028 from USD 3.91 MN in 2021 with a CAGR of 11.81% under the study period 2022 - 2028.
Microlearning platforms are designed for use by HR to corporate learning solutions and learning and development departments. These provide employees with short bursts of focused educational content that fit into a daily workflow and are accessible on any device. They fit into the workflow for desk-based or deskless employees to help improve specific role-based knowledge. Microlearning platforms help companies enhance the learning experience by incorporating microlearning into the platform.
Market Dynamics
The significant increase in technology adoption by various organisations to provide adequate employee training is largely responsible for market growth. The increasing demand for training deskless and mobile workers across industries and the growing need for skills-based and result-oriented training among enterprises are the major factors driving the market's growth. Moreover, the microlearning platforms market is driven by the increasing adoption and availability of the cloud, which provides the platform and infrastructure to address the scalability limitations of on-premise microlearning experiences. Furthermore, the 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. However, lack of impetus among learners and lack of awareness of microlearning benefits limit the market growth.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of microlearning platforms. The growth and trends of microlearning platforms industry provide a holistic approach to this study.
Market Segmentation
This section of the microlearning platforms market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Microlearning Platforms market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Microlearning Platforms Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the microlearning platforms market include Fivel, Qstream, Axonify, EdApp, Oplift, LEADx, Nudge Rewards, HandyTrain, Epignosis eLearning solutions, ConveYour, Verb, Inc., Auzmor Learn, BeMobile, Bizfit, BrainStorm, Inc., B-Talent, EduMe, ExpandShare. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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