Training Market, By Training Type (Online, Offline, Classroom), By Industry (Government, Pulp & Paper, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Mining, Power & Utilities, Aerospace, Others), By Method (Computer-based Training, Distance Learning, Learning Management System, App-based Learning, CD-distribution based Learning, Mentoring/Coaching Based Learning, Table-top Exercise Based Learning, Train the Trainer, Learning Methods that are Annuitized, Video/Audio Tape, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Training is teaching or developing one’s skillsets and knowledge that relate to specific useful competencies. Training has a specific goal of improving person’s capabilities, productivity, and performance. By properly training their employees, organizations can benefit in terms of high productivity and low maintenance costs. Additionally, various types of training are available such as classroom, online, and offline.
Market Dynamics:
Market Drivers: Increasing Preference for Learning Management Systems (LMS)
Learning management system (LMS) is also known as virtual learning system or learning content management system. LMS is a web application that is used to assess learning processes. Learning management system helps trainers in creating and delivering content, track learner participation, and assess performance. LMS offers various interactive features such as video conferencing, threaded discussions, and discussion forums. Many enterprises are shifting from conventional classroom training to e-Learning as it can be convenient and cost-effective.
LMS can be deployed on any platform such as cloud-based, desktop application, self-hosted, and mobile application. Cloud-based LMS is most widely used by enterprises as it can be accessed by learners at anytime, anywhere just by logging into a web portal and accessing all the features of cloud-based learning management system.
Key features of the study:
This report provides in-depth analysis of the global Training market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global training market market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global training market market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global training market market
Detailed Segmentation:
Global Training Market, By Training Type:
Online
Offline
Classroom
Global Training Market, By Industry:
Government
Pulp & Paper
Oil & Gas
Chemicals & Petrochemicals
Pharmaceuticals
Mining
Power & Utilities
Aerospace
Others
Global Training Market, By Method:
Computer-based Training
Distance Learning
Learning Management System
App-based Learning
CD-distribution based Learning
Mentoring/Coaching Based Learning
Table-top Exercise Based Learning
Train the Trainer
Learning Methods that are Annuitized
Video/Audio Tape
Others
Global Training Market, By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa
Company Profiles:
Skillsoft Limited
Company Highlights
Key Developments
Product Portfolio
Market Presence
Strategic Presence
Safety Media
GP Strategies Corp.
UL EHS Sustainability
PRYOR Learning Solutions
Raytheon Company
DuPont Sustainable Solutions
com, Inc.
SAP Litmos
Vector Solutions
Global Training Solutions, Inc.
Cornerstone onDemand
Petroskills
Euro Petroleum Consultants Ltd [EPC]