Global Corporate Training Market 2024-2028
The corporate training market is forecasted to grow by USD 60399.4 mn during 2023-2028, accelerating at a CAGR of 9.54% during the forecast period. The report on the corporate training market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of cost-effective e-learning training modules, increased need for skilled employees, and growing popularity of mobile-based training.
Technavio's corporate training market is segmented as below:
By Product
- Technical training
- Non-technical training
By Type
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the emergence of IoT and wearable devices as one of the prime reasons driving the corporate training market growth during the next few years. Also, increasing use of microlearning and gamification in corporate training and increased emphasis on learning new skills will lead to sizable demand in the market.
The report on the corporate training market covers the following areas:
- Corporate training market sizing
- Corporate training market forecast
- Corporate training market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading corporate training market vendors that include Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Inc, DEMOS, Development Dimensions International Inc., Educomp Solutions Ltd., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn, and Skillsoft Corp.. Also, the corporate training market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.