Growth in Adoption of e-Learning Platform by several industry verticals is anticipated to boost the EUROPE-LMS Frontline Worker training market during the forecast period 2020-2025. The market for Europe LMS is forecast to reach $714.26 million by 2025, growing at a CAGR of 17.07% from 2020 to 2025.
LMS-Front line worker training market in Europe is analyzed to witness notable growth during the forecast period 2020-2025, owing to the growing need of enhancing the skill sets of front line workers to provide better performance in their current positions and also in meeting the need for higher level skills to support higher value-added activities in the economy thereby moving up the organization. More over stringent government regulations and initiatives regarding worker training in Europe and emergence of gamification on a learning management system for worker training will accelerate the market in the forecast period.
Recent advancements in Learning Management System systems such as Virtual reality in worker training, BYOD, Artificial Intelligence, and so on are set to drive the adoption of learning management system for frontline workers. Moreover, web-based learning platforms have witnessed rapid growth, among the service industry verticals in particular, owing to the easy and flexible learning options. With these flexible learning options several companies are planning to create training programs to their front-line workers with heavy investment expected in the short term.
Germany holds the major market share in 2019, as it is a developed economy whose GDP is majorly dependent on the manufacturing sector including transportation, industrial, medical and healthcare and so on. Owing to the high presence of presence of manufacturing industries alongside the wide usage of Learning Management System for the front line worker training is analyzed to impact on the significant market share held by the country. As stated by USDA German online grocery sales generated $1.3 billion in 2018 and it is set to be grown over the further period owing to the digitalization. Adding to this, the significant implementation of digital technologies in training the employees is set to impact on the growth of the market.Talk to one of our sales representative about the full report by providing your details in the link below:https://www.industryarc.com/support.php?id=19290Europe-LMS Frontline Worker training Market Growth Drivers:
- AI based LMS for Front-line Workers
Artificial Intelligence supports in sustaining up-to-date e-learning trends with great potential in the Learning management system. Similarly it offers unique learning methods by focusing more on human interactions and collaboration. Adding up to this, several industry verticals believe that training their front line workers through AI based LMS enhance the learning capabilities of the workers. In 2019, according to the report given by Oracle, 27% of HR leaders believe that artificial intelligence in employee training will positively impact learning and development. Hence these advantages of AI bases LMS enhance the market in the forecast period 2020-2025.
With rise in adoption of digital technology and increased preference of BYOD, enterprises are focused on implementing LMS over smart phones and other devices for integrated employees training. This trend is witnessing a sharp growth in various organizations in Europe owing to its advantages of training and assigning tasks to workers from any location. Additionally, Enterprises are also benefited in many ways through this policy, such as enhanced productivity, reduction of operation costs, retention of employees, and better mobility for employees, among others. Hence these benefits are analyzed to drive the market for Europe-LMS Front-line Worker Training in the forecast period 2020-2025.
R&D:In 2019, Cross Knowledge has launched Blendedx which assists in a company’s learning transformation by converting the learning process into a group project.In September 2018, Blackboard has launched Rebrand of Open-Source Learning Management System.
The Major Players in this Market IncludeThe major companies in the EUROPE-LMS Frontline Worker training market include Adobe, Blackboard, Canvas, Crossknowledge, Eurekos, Growth Engineering, Kallidus, Kenexa, Oracle, SAP among others. In March 2020, SAP SE has announced that SAP.iO Foundry Paris has launched its new accelerator program focused on human resources (HR) technology and the future of work. Through this SAP will accelerate eight HR technology startups that will revolutionize recruiting, talent management and collaborative learning for human resources.
Over the years, several companies and industries have focused on giving training to frontline workers and have been investing heavily to train their workers, similarly, several OEM’s are also investing for developing advanced learning management system solutions to make its user interesting. Learning Management System with virtual reality, Artificial intelligence makes the frontline workers to learn effectively. Hence the continuous developments in the LMS are the major factors set to drive the market during 2020-2025. To request for a quote, provide your details in the below link:https://www.industryarc.com/reports/request-quote?id=19290
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