Corporate e-Learning Market Growing

The U.S. corporate elearning market is coming back. Overall, the corporate elearning market grew at a modest 3%, to $3.6 billion in 2002. The largest market segment - content - has been hardest hit, particularly in the IT training area, which has been hurt by a slowdown in new software investment. The fastest growing segment - services - was not as insulated from the slowdown as IDC predicted just last year. High-ticket system customization, integration, and content development deals have become harder and harder to attain. However, vendor and buyer sentiment as well as spending have begun to improve. The market is expected to rise to $10.2 billion by 2007. Click here for graphic.