Global Managed Learning Services Market Report and Forecast 2024-2032

Global Managed Learning Services Market Outlook

The global managed learning services market size reached approximately USD 3.26 billion in 2023. The market is further projected to grow at a CAGR of 11.4% between 2024 and 2032, reaching a value of USD 8.70 billion by 2032.

Key Trends in the Market

Managed learning services refer to services provided by external companies for managing a few or all aspects of organisational learning. They are often referred to as learning outsourcing, learning BPO, training outsourcing, and out-tasking, among others. The content that is designed and developed by the service providers meets the company and industry regulations and standards.

• The increasing awareness about the various advantages provided by learning outsourcing is boosting the managed learning services market growth. Managed learning services ensure cost saving and efficiency while allowing the organisations to focus on day-to-day tasks.

• Increasing emphasis on reducing the skill gaps by various companies is supporting the market expansion. Managed learning services provide customised training programs that address the requirements of the companies and align with the current industry standards.

• The growing accessibility of managed learning services through the easy availability of distance and blended learning is providing lucrative growth opportunities o the market. Additionally, the development of mobile friendly content is also bolstering the service utilisation.

Global Managed Learning Services Market Analysis

On the basis of type, the market is divided into LD administration, supplier management, and sourcing external training, among others. Based on delivery mode, the market is segregated into instructor- led training, distance learning, and blended learning. On the basis of enterprise size, the market is bifurcated into small and medium enterprises and large enterprises.

Based on industry vertical, the market is classified into BFSI, IT and telecommunication, education, healthcare, and consumer goods and retail, among others. On the basis of region, the managed learning services market segmentation includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.

• AXIOM Learning Solutions, LLC

• GP Strategies Corporation

• Learning Tree International, Inc.

• The QA Group

• TTEC Holdings, Inc.

• Hemsley Fraser Group Ltd.

• NIIT Learning Systems Limited

• Wahoo Learning Limited

• Ardent Learning Inc.

• Fitch Group, Inc.

• Others

Market Share by Delivery Mode

Distance learning is anticipated to account for a significant managed learning services market share over the forecast period. This growth can be attributed to the increased adoption of remote and hybrid work models and the evolving learning landscape. The flexibility and remote access offered by distance learning allows employees to organise their learning schedule around their working hours, enhancing the ease of learning.

Market Share by Region

North America accounts for a significant share of the market owing to the strong presence of various key market players in the region including AXIOM Learning Solutions, LLC, GP Strategies Corporation, and Learning Tree International, Inc., among others. High acceptance and requirement for advanced technologies is boosting the managed learning services market demand in North America. The surge in utilisation of learning and development services by different industry verticals is also supporting the market expansion.

Competitive Landscape

AXIOM Learning Solutions, LLC is known for providing professional training and coaching and connects development and learning professionals to on-demand learning solutions. The company was founded in 2002 and is headquartered in Massachusetts, United States.

GP Strategies Corporation, headquartered in Maryland, United States, specialises in managed learning services, sales training, content development, training outsourcing, power plant performance, employee engagement, and corporate training, among others.

Learning Tree International, Inc. was founded in 1974 and is headquartered in Virginia, United States. The company provides IT and management training and specialises in managed learning services, cloud computing, business analysis, and management training, among others.

Other managed learning services market key players include The QA Group, TTEC Holdings, Inc., Hemsley Fraser Group Ltd., NIIT Learning Systems Limited, Wahoo Learning Limited, Ardent Learning Inc., and Fitch Group, Inc., among others.

Key Highlights of the Report