The Global Managed Learning Service Market, valued at USD 3.6 billion in 2023, is expected to reach USD 7.89 billion by 2031, growing at a CAGR of 10.3%. MLS involves outsourcing an organization’s learning and development (L&D) functions to external providers, covering aspects like training needs analysis (TNA), curriculum design, and the integration of learning technologies such as Learning Management Systems (LMS). This report offers a comprehensive analysis of the market, including key drivers such as employee upskilling, digital transformation in L&D, and cost-efficiency trends. It also covers market segmentation by type, industry vertical, enterprise size, delivery mode, and region, providing insights on growth opportunities, technological advancements, and major players like TTA, G-Cube, and NIIT.
Market Overview
The Global Managed Learning Services Market was valued at USD 3.6 Billion in 2023 and is estimated to reach at USD 7.89 Billion in 2031 growing at a CAGR of 10.3% over the forecast period from 2024-2031. The report would provide you with market size estimates both in terms of revenue (USD Million) and volume (Million Units) for the time period from 2022 to 2031. The report would provide various factors responsible for growth of the market across various geographies considered under the scope of the study. The report covers in-depth global and regional level analysis of various market segmentations based on Type, Industry Vertical, Enterprise Size, Delivery Mode, and Region.
Market Dynamics:
Below are the factors impacting the growth of Managed Learning Services Market:
- Increasing Focus on Employee Development and Upskilling
- Workforce Skill Gaps: The need to address skill gaps in rapidly changing industries is driving organizations to invest in continuous learning and development programs.
- Technological Advancements: As technology evolves, employees need to continuously update their skills, leading companies to seek MLS providers for specialized training solutions.
- Digital Transformation in Learning and Development
- eLearning and Digital Platforms: The shift toward online learning, driven by the need for flexible and scalable training solutions, has fueled the demand for MLS providers who offer robust digital learning platforms.
- Learning Analytics: Advanced data analytics are being used to track and measure learning outcomes, helping organizations make informed decisions about their training programs.
- Cost Efficiency and Outsourcing Trends
- Budget Constraints: Many organizations are looking to optimize their L&D budgets by outsourcing learning services to MLS providers who can offer cost-effective solutions.
- Focus on Core Competencies: Companies prefer to outsource non-core activities like L&D to focus on their main business objectives, driving the growth of MLS.
Regional Analysis
Based on region, Global Managed Learning Services Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is divided into United States, Canada, and Mexico. Europe is bifurcated into Germany, U.K., France, Italy, Spain and Rest of Europe. The key country covered under Asia Pacific region includes China, Japan, India, South East Asia and Rest of Asia Pacific. Middle East & Africa is bifurcated into UAE, Saudi Arabia, South Africa and Rest of MEA. Finally, Latin America is divided into Brazil, Argentina and Rest of Latin America.
Competition Landscape
The report covers company profiles and competition analysis of major players operating under Global Managed Learning Services Market. The company profile section includes Company Overview, Financials, Business Overview, Recent Developments, Key Strategies, Product Mapping, Regional Presence, etc. Further, the competition analysis provides you with details about Competitor Overview, Market Share Analysis, Company Performance based on Various Parameters, etc. The major players operating in Global Managed Learning Services Market are TTA (The Training Associates), Wahoo Learning, G-Cube, GP Strategies Corporation, NIIT (USA), Inc., Schouten Global, Capita Plc., Learning Tree International, Inc, Hemsley Fraser Group Ltd., and TTEC Holdings, Inc.
Market Segmentation
The Global Managed Learning Services Market can be segmented on the basis of Type, Industry Vertical, Enterprise Size, Delivery Mode, and Region. Further, the report would provide a detailed analysis based on below mentioned market segmentation at the global as well regional levels.
Global Managed Learning Services Market Scope:
Global Managed Learning Services Market | |||
Base Year | 2023 | Historical Year | 2022 |
Forecast Period | 2024-2031 | CAGR (2024-2031) | 10.30% |
Market Size in 2023 | USD 3.6 Billion | Market Size in 2031 | USD 7.89 Billion |
Segments Covered | By Type | • Sourcing External Training | |
• L&D Administration | |||
• Supplier Management | |||
• Others | |||
By Industry Vertical | • Banking, Financial Services, and Insurance (BFSI) | ||
• Conumer Goods and Retail | |||
• Telecommunications and IT | |||
• Healthcare | |||
• Education | |||
• Others | |||
By Enterprise Size | • Small and Medium Enterprises | ||
• Large Enterprises | |||
By Delivery Mode | • Distance Learning | ||
• Instructor-Led Training | |||
• Blended Training |
Global Managed Learning Services Market, By Region and Countries:
- North America
- United States
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South East Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East and Africa
- South America
- Brazil
- Argentina
- Rest of South America
Reason to Purchase the Report:
- Latest trends in the market
- In depth market segmentation and cross regional / country analysis
- Market dynamics analysis including drivers, restraints and opportunities in the market
- Market sizing and segment analysis
- Competition Analysis including profiling of key market players
- Market share analysis and key strategies adopted by key players
- Recent developments and technological advancement by key players in the market
- Key takeaways from the research findings to take strategic decision in business needs