Over course of years and decades, we have been experiencing hell lot of changes in terms of our lifestyle, businesses, values that people believe in, way we communicate, ways we travel, work, nature of work, workplace settings and lot more. All these changes that we have witnessed are significant, however, one of such is the most impactful one according to us. Learning and Education has been changing from long hours, piles of papers and books, unending quagmires of routine and more to today’s world where it’s not limited to kids and schools. eLearning Corporate Compliance Training is also result of revolution that all of us have been experiencing with the help of technology.
What is it?
‘Corporate Compliance Training’, this particular phrase has some images linked with it in our mind. It has to be boring class where you have to pay attention even if you are not enjoying it at all. This mindset is what eLearning Corporate Compliance Training is slowly changing in past few years. This includes real effort to engage employees in training activity where they are told about best practices for employees in corporate compliance. Also, these courses or training programs attempt to instil spirit of “why comply” in your people. These training are technology backed programs made by experts which is comprised with interesting ways of communicating things and insights from decade – old compliance excellence.
Why do we need it?
These training provides insights in relevance with Code of Conduct, Battling Bribery in Business, Competition Law, Healthy and Safe Work Environment Practices, Financial Integrity, Conflicts of Interest in the Workplace, Respect in the Workplace, Whistleblowing and Acting in Good Faith, Protecting Company Assets, and Best Practices in Data Protection as well.
To talk about ‘eLearning Corporate Compliance Training Market’, analysts predict that it is expected to reach approximately USD 2,193.69 million market size value while registering CAGR of 15.65% in approaching years. Some of the most important factors driving growth of this market are, increasing adoption of BYOD (Bring your own device), growing awareness and acceptance about COPE (Corporate-Owned, Personally Enabled) Policies, increased significance of analytics in compliance training, availability of customize training solution offering maximum protection and compliance.
eLearning Corporate Compliance Training Market is comprised with various applications, deployment models, and beneficiary industries as well. As of now, eLearning Corporate Compliance Training has its presence in industries such as Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality. Also, it has its applications rooted in CoC and Ethics Training, Diversity Training, Information Security Training, and Regulatory Compliance Training.
Key Players of the Industry:
With the growing pace of mounting growth, many players have entered this industry in recent times. However, we have recognized few which can be considered as highest contributing key players of the market. To name a few, 360training.com, Inc., City & Guilds Kineo Limited, Cyber Security Training, EI Design Pvt. Ltd., EJ4, LLC., GP Strategies Corporation, Interactive Services Group, Inc., LRN Corporation, MediaPro Holdings, LLC., NAVEX Global, Inc., OpenSesame Inc., SKILLCAST, Skillsoft Limited, Syntrio, Inc., and TalentLMS.
With growth driving factors fuelling market boost, technological advancements, increasing accessibility, rising acceptance it is expected that eLearning Corporate Compliance Training Market may flourish in approaching years where it may witness higher altitudes in terms of market size value and revenue numbers as well.