Microlearning Software Market to See Huge Growth by 2028 | IBM, Mindtree, Saba Software

Global Microlearning Software Market Analysis 2019-2023 and Forecast 2023-2028 is latest research study released by AMA Research evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Microlearning Software Market. Some of the key players profiled in the study are IBM Corporation (United States), Mindtree Limited (India) , Saba Software (United States), SwissVBS (Canada), Axonify Inc. (Canada), Epignosis (United States), Bigtincan (United States), Cornerstone OnDemand Inc. (United States), iSpring Solutions (United States), Qstream Inc. (United States).

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Definition:
Microlearning software enables businesses to deliver training and learning content in bite-sized chunks that may be digested in a short amount of time. HR and learning and development departments use microlearning tools to help employees learn in the workplace. Short bursts of focused educational content that fit into a daily workflow and are accessible on any device are provided by these training solutions for employees. Companies can either produce their own content or use an existing library of learning content, which includes video, flashcards, and more. Recent pandemic has shifted focus online learning and has increased the adoption of Gamification for faster learning. North America and Asia Pacific are two primary markets of the microlearning software.

Market Trends:
Gamification has increased in Popularity especially in Relation to Customer Engagement

Market Drivers:
Increasing Focus on Online Training especially after Recent Pandemic
Rising Adoption of Cloud Computing Solutions by Enterprises
Growing Need for Constant Skill Upgradation in Workers and Professionals

Market Opportunities:
Integration of Augmented Reality, Virtual Reality, Machine Learning and Artificial Intelligence could accelerate the Growth in Market

Market Leaders and their expansionary development strategies:
In 2021, Axonify Inc., a Canada based software developer specialised in providing frontline training and communications solutions online has announced acquisition of MLevel, which is a data-driven digital learning platform targeted to enterprise clients. The acquisition of the two entities would combine industry leading solutions in the microlearning space for the enterprises.

In 2019, Access Group, a United Kingdom based leading provider of business management software and solutions has announced acquisition of MicroLearn, which is a small enterprises specialised in providing learning solutions. MicroLearn provides a blended micro-learning approach to boost an organisation’s learning culture. The digital learning space is rapidly expanding and the acquisition comes at a critical stage. Providing huge market prospectus for Access Group over the coming years.

The Global Microlearning Software Market segments and Market Data Break Down are illuminated below:

by End Use (Telecom and IT, Manufacturing and Logistics, BFSI, Retail, Healthcare and Life Sciences, Others), Organisation Size (SMEs, Large Organisations), Component (Solution, Services), Deployment (Cloud, On Premise)

Global Microlearning Software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

North America (United States, Mexico & Canada)

South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report

-To carefully analyze and forecast the size of the Microlearning Software market by value and volume.

-To estimate the market shares of major segments of the Microlearning Software

-To showcase the development of the Microlearning Software market in different parts of the world.

-To analyze and study micro-markets in terms of their contributions to the Microlearning Software market, their prospects, and individual growth trends.

-To offer precise and useful details about factors affecting the growth of the Microlearning Software

-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Microlearning Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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