According to a new report, published by KBV research, The Global Managed Learning Service Market size is expected to reach $7.8 billion by 2031, rising at a market growth of 10.1% CAGR during the forecast period.
The Large Enterprises segment is leading the Global Managed Learning Service Market by Enterprise Size in 2023; thereby, achieving a market value of $5.6 billion by 2031. Large enterprises often have diverse workforce demographics and specialized skill requirements across various departments, functions, and geographic locations. Managed Learning Services providers offer tailored solutions to address complex learning needs, including technical training, leadership development, compliance training, and specialized certifications.
The Distance Learning segment is experiencing a CAGR of 10.3% during (2024 - 2031). Distance learning supports continuous learning initiatives by providing ongoing access to updated content, industry insights, and professional development opportunities. Managed Learning Services providers curate and deliver diverse learning resources, webinars, self-paced modules, and microlearning courses that empower learners to acquire new skills, expand knowledge, and stay current with industry trends.
The Sourcing External Training segment is generating the maximum revenue in the Global Managed Learning Service Market by Type in 2023; thereby, achieving a market value of $2.9 billion by 2031. Managed Learning Services providers offer access to a wide network of external training providers and subject matter experts who specialize in various fields, industries, and skill domains. Organizations seek external training to leverage the specialized expertise and knowledge that these external providers offer, which may not be available internally.
The Education segment would exhibit a CAGR of 9.8% during (2024 - 2031). Managed Learning Services providers offer educational institutions access to advanced learning technologies, content development expertise, and instructional design strategies that enhance teaching effectiveness and improve student learning outcomes. By integrating MLS, institutions can deliver personalized learning experiences, adaptive assessments, and interactive content that cater to diverse learning styles and foster student engagement and retention.
Full Report: https://www.kbvresearch.com/managed-learning-service-market/
The North America region dominated the Global Managed Learning Service Market by Region in 2023; thereby, achieving a market value of $3.1 billion by 2031. The Europe region is poised to grow at a CAGR of 9.7% during (2024 - 2031). Additionally, The Asia Pacific region would witness a CAGR of 11% during (2024 - 2031).
By Enterprise Size
By Delivery Mode
By Type
By Industry Vertical
By Geography