New York, According to a new market research report published by Global Insight Services “Microlearning Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Microlearning is a teaching and learning approach that delivers content in small, easily digestible chunks. It is usually delivered via digital channels such as mobile apps, social media, or short videos. The goal of microlearning is to help learners quickly acquire and retain knowledge. It is an effective way to deliver content that is otherwise difficult to digest, such as complex concepts or new information.
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Key Trends
There are several key trends in microlearning technology. First, microlearning is becoming increasingly popular as a way to deliver content. This is because microlearning is an effective way to deliver content in small, digestible chunks. This makes it easier for learners to retain information and apply it to their work.
Second, microlearning is being used more frequently to deliver content on mobile devices. This is because mobile devices are becoming increasingly popular and allow learners to access content anywhere, anytime.
Third, microlearning is being used more frequently to deliver content in different formats. For example, microlearning is being used to deliver video content, audio content, and even interactive content. This allows learners to consume content in the format that best suits their needs.
Fourth, microlearning is being used more frequently to assess learner progress. This is because microlearning can be used to deliver content in a way that allows learners to receive feedback on their progress. This feedback can be used to improve the content or the delivery methods.
Key Drivers
There are a few key drivers of the microlearning market.
Firstly, the ever-increasing pace of change in the workplace is resulting in a need for employees to be able to learn new things quickly and effectively.
Secondly, the rise of mobile and digital technologies has made it easier for people to access learning content on the go.
Finally, the increasing popularity of social media is resulting in a growing demand for bite-sized pieces of content that can be easily shared and consumed.
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Market Segments
The Microlearning Market is segmented by component, deployment type, industry, and region. By component, the market is divided into solution and services. Based on deployment type, it is classified into on-premises and cloud. On the basis of industry, it is bifurcated into retail, manufacturing and logistics, BFSI, telecom and IT, healthcare and life sciences, and others. Region-wise, the market is divided into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players
The Microlearning Market includes players such as Saba Software, Mindtree, Axonify, IBM, Bigtincan, Epignosis, Qstream, Cornerstone OnDemand, iSpring Solutions and SwissVBS.
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