Global Learning Services Outsourcing
Market Report
2024
the global Learning Services Outsourcing market is expected to grow at a compound annual growth rate (CAGR) of 5.60% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Learning Services Outsourcing Market Report 2024.
According to Cognitive Market Research, the global Learning Services Outsourcing market is expected to grow at a compound annual growth rate (CAGR) of 5.60% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Learning Services Outsourcing Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
Market Split by Type |
|
Market Split by Application |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Key Qualitative Information Covered |
|
Report scope is customizable as we have a huge database of Learning Services Outsourcing industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Learning Services Outsourcing Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The contracting of a third party to deliver learning and development services to an organization's workers is known as learning services outsourcing. This might range from delivering training courses and resources to overseeing employee learning programs. The significance of learning services outsourcing stems from the fact that it can help firms save money while still providing quality training and development programs to their employees.
For instance, Off-the-shelf e-learning materials and curriculum design and delivery are two examples of outsourced selected training activities. Several local service providers are hired to outsource training duties such as instructional design, learning technology, and content design and technology, which is seen in several industries.
(Source:elearningindustry.com/in-house-or-outsourcing-elearning-development)
There is an increasing demand for low-cost, scalable learning systems. Organizations are continually looking for methods to improve their learning and development activities while reducing expenses in today's fast-paced and competitive business world. Outsourcing learning services is a viable alternative since it allows firms to access specialized skills and resources without making large investments in infrastructure or training.
Companies must prioritize their learning methods as 35% of millennials regard comprehensive training and development programs to be the most significant benefit they would desire from a firm. Failure to meet these expectations can have serious implications. Employees who believe their firm does not support their professional development are 12 times more likely to depart.
(Source:blog.benchprep.com/scalable-learning-solution)
Furthermore, outsourcing provides scalability, allowing firms to simply alter their learning programs in response to changing needs and demands. This adaptability enables firms to remain nimble and responsive to shifting market circumstances. Outsourcing learning services can also improve productivity and time management because external providers can focus on delivering high-quality learning solutions while businesses focus on their core operations..
Organizations are making progress in addressing the skills gap. Employees' primary weaknesses include writing ability, public speaking ability, and data analysis. Some of the soft skills that employees lack are critical thinking, communication, leadership, and attention to detail. Several businesses are investing time and money in training to ensure that their personnel can adjust to changing conditions.
JPMorgan Chase & Co. recently revealed intentions to invest US$ 600 million in staff upskilling, while Amazon is investing more than US$ 700 million. PwC is investing roughly US$ 3 billion to upskill its staff over a three to four-year period.
(Source:www.jpmorganchase.com/news-stories/jpmorgan-chase-global-investment-in-the-future-of-work)
To address skill gaps, organizations are focusing on employee and leadership development at the system and individual levels. They're also working hard to articulate the most important behaviors that reflect beliefs and leadership standards. As a result, market suppliers are offering new L&D models to widen current thinking and industry best practices required for career growth and establish a smoother and easier learning ecosystem.
The constraints of machine translation constrain the Learning Services Outsourcing Market. While machine translation quality has increased due to technological developments in AI, especially for complicated or specialized information, it still falls short of human translation in accuracy and nuance.The context and idiomatic idioms that machine translation systems frequently struggle with might cause translations to sound uncomfortable or inaccurate to native speakers. This restriction is especially important for fields like law, medicine, and marketing, where accuracy and cultural appropriateness are key.
Organizations have had to alter their training and development methods in response to the global shift toward remote employment and virtual learning. To address their training demands in a remote work environment, several businesses have turned to learning services outsourcing. As a result, virtual training solutions, e-learning platforms, and online content development services are in high demand. Furthermore, the pandemic has emphasized the significance of people upskilling and reskilling in order to manage the shifting business landscape.
We have various report editions of Learning Services Outsourcing Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
To expand their market reach and reputation, businesses are partnering with strategic partners like corporate training providers, educational institutions, or technology suppliers. To generate leads and encourage conversions, MLS providers are investing in the development of user-friendly websites, optimizing search engine rankings, utilizing social media platforms, and executing focused digital marketing efforts.
August 2020, Echelom Solution Group announced a business process outsourcing partnership with SixAce Global. The acquired company provides end-to-end consultancy and outsourcing services in India, the United States, Canada, and Australia. The corporation is expanding its education outsourcing services through this endeavor.
November 2021, Cornerstone on-Demand debuted its groundbreaking platform, Cornerstone Xplor. This Al-powered platform, which focuses on skills-based learning and talent mobility, has the potential to transform the L&D (learning and development) environment by providing more chances for career advancement.
Top Companies Market Share in Learning Services Outsourcing Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, Several reasons contribute to the North American region's dominance in the Learning Services Outsourcing Market. Companies in this region place a high value on staff training and development in order to increase competitiveness and promote innovation. Furthermore, North America is home to several major technology and commercial service providers who provide a wide range of learning services outsourcing solutions.
According to Cognitive Market Research, the corporate sector in the United States is highly developed, with a heavy emphasis on staff training and development. As a result, learning services outsourcing solutions are in high demand. Furthermore, the United States is home to many of the world's major technology and commercial service providers, which provide a wide choice of specialized training programs. In addition, the country has modern infrastructure, a qualified workforce, and a favorable economic environment, which attracts both domestic and foreign enterprises to outsource their learning services.
The region has a large and quickly rising corporate sector that recognizes the value of staff training and development. As a result, there is a high need for learning services outsourcing solutions. Furthermore, the Asia Pacific region is seeing tremendous economic growth and technical advancements, which drives the demand for specialist training programs even further. Furthermore, because the region has a huge population and a broad skill pool, it is an appealing place for outsourcing learning services.
The current report Scope analyzes Learning Services Outsourcing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Learning Services Outsourcing Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Learning Services Outsourcing Industry growth. Learning Services Outsourcing market has been segmented with the help of its Type, Application , and others. Learning Services Outsourcing market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Acco1rding to Cognitive Market Research, the onshore learning services outsourcing market is anticipated to rule the industry, because of its more flexible scalability and cheaper cost structure. By 2030, this sector is anticipated to represent more than 60% of the market's overall volume. The growing need for personalized learning solutions, the growing importance of employee training and development, and the expanding use of cloud-based delivery methods are the main factors driving this market.
Due to increased expenses incurred by offshore deployment strategies, the market for outsourcing learning services is anticipated to grow more slowly than the onshore industry. However, this market is anticipated to have significant revenue growth as a result of the rising need for cutting-edge customized learning solutions across numerous industries. Some of the major factors influencing this expansion are the expanded use of virtual/online platforms in the delivery of education, increased business awareness of offshore possibilities, and the growing demand for skilled labour in emerging nations.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Learning Services Outsourcing Industry. Request a Free Sample PDF!
The learning services outsourcing market does certainly have a prominent segment in the aerospace industry. To assure the workforce's safety, effectiveness, and compliance, the aerospace sector needs highly specialized training and development programs. Aerospace firms can obtain knowledgeable trainers and resources suited to their unique needs by outsourcing learning services. They may increase operational performance, maintain regulatory compliance, and develop staff skills thanks to this.
According to Cognitive Market Research, the telecom sector is a significant one. Telecom firms need to provide their personnel with specialized training and development programs due to the ongoing improvements in telecommunications technology and the rising need for effective and dependable communication services.
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
Senior Analyst at Cognitive Market Research
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building.
I am working as a Senior Analyst with Cognitive Market Research in the areas of Industry Survey and Market Research/Analytics. I collaborate with CXOs, VPs, and other senior executives to understand their data needs and provide solutions and business strategy building. I fulfill data requirements with thorough research and analytics. ME and My research team provide intelligence on industry stats, market structure, company profiles/Competition Analysis, Forecast Mapping, and Recently started providing the COVID-19 Impact Analysis.
Specialties: Industry research, Company analysis, Location Strategy, Tech Research, Change Management, Process Improvement, Peer Group Benchmarking, Startup Ecosystem, Crypto Research, COVID19 Impact Analysis, etc.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Learning Services Outsourcing Market is witnessing significant growth in the near future.
In 2023, the Onshore segment accounted for noticeable share of global Learning Services Outsourcing Market and is projected to experience significant growth in the near future.
The Aerospace segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies RLE International , Alten and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
https://www.epa.gov/regulatory-information-sector/construction-sector-naics-23
https://www.usace.army.mil/Missions/Civil-Works/Engineering-and-Construction/
https://www.abs.gov.au/statistics/industry/building-and-construction
https://business.gov.au/planning/industry-information/construction-industry
https://www.usitc.gov/research_and_analysis/tradeshifts/2021/footwear
Disclaimer:
Type | Onshore, Offshore |
Application | Aerospace, Automotive, Construction, Consumer Electronics, Semiconductor, Pharmaceutical, Telecom, Others |
List of Competitors | RLE International, Altair Engineering, Alten, PM Group, Fareva, Deaton Engineering, Aricent Group, Cybage Software, EPAM Systems, GlobalLogic, Cyient, Pactera Technology |
This chapter will help you gain GLOBAL Market Analysis of Learning Services Outsourcing. Further deep in this chapter, you will be able to review Global Learning Services Outsourcing Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Learning Services Outsourcing market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Onshore have a significant impact on Learning Services Outsourcing market? |
What are the key factors affecting the Onshore and Offshore of Learning Services Outsourcing Market? |
What is the CAGR/Growth Rate of Aerospace during the forecast period? |
By type, which segment accounted for largest share of the global Learning Services Outsourcing Market? |
Which region is expected to dominate the global Learning Services Outsourcing Market within the forecast period? |
Segmentation Level Customization |
|
Global level Data Customization |
|
Region level Data Customization |
|
Country level Data Customization |
|
Company Level |
|
Additional Data Analysis |
|
Additional Qualitative Data |
|
Additional Quantitative Data |
|
Service Level Customization |
|
Report Format Alteration |
|
Published Report Editions
are Just a Tip of an Iceberg
Access the Complete Database of
Learning Services Outsourcing Market
Request Sample