Corporate Training Market: Emergence of Profitable Online Training Modules to Drive Growth
the emergence of cost-effective e-learning training modules will fuel the growth of the corporate training market size. Organizations are increasingly adopting innovative and cost-effective ways to train their employees. Organizations’ transition from conventional training to e-learning helps them save employee working hours, and it is convenient to maintain, update and store information more efficiently. Vendors offer solutions, technologies, systems and courses at affordable prices to companies who buy them in large quantities to meet the demand of their employees. The growing popularity of e-learning has helped employees save time and money by reskilling themselves, unlike signing up for conventional training sessions conducted in companies that consume more time in more hours. regular work.
Corporate Training Market: Fiscal Concerns May Hamper Market Growth
Budgetary concerns will be a major challenge for the corporate training market. Organizations around the world have certain fixed budgets allocated for employee training. Companies with sufficient budgets have critical hardware and software solutions or systems. However, organizations with limited budgets may prefer to continue with conventional training methodologies, without incurring the additional expense of purchasing new tools and technologies. This, in turn, may hamper the growth of the corporate training market.
Holistic analysis of drivers and challenges will help infer end goals and refine marketing strategies to gain competitive advantage. The Corporate Training Market analysis report also provides detailed information on other upcoming trends which will have a tremendous effect on the growth of the market.
To know more about the pilots and the challenges – Request a free sample report
Corporate Training Market: Segmentation Analysis and Revenue Generating Segment
This market research report segments the corporate training market through Product (Technical Training and Non-Technical Training) and Geography (North America, Europe, APAC, South America, and MEA).
The growth of the corporate training market share by technical training component will be important for income generation. It is expected to register steady growth over the forecast period owing to the growing need for skilled employees on ever-changing technologies. The growing importance of online courses will further increase the adoption of technical training courses in the corporate training market during the forecast period.
The Technavio report provides an accurate prediction of the contribution of all segments to the growth of the corporate training market size and actionable market insights on each segment.
For more information on segmentation – Download a free sample report
Some of the main topics covered in the report include:
- Suppliers Covered
- Ranking of suppliers
- Positioning of sellers in the market
- Competitive scenario
Get lifetime access to our Technavio Insights. Subscribe now to our most popular “Lite Plan” billed annually at $3000. View 3 reports per month and download 3 reports per year!
Learning Management Systems Market –The learning management systems market has the potential to grow USD 27.98 billion during the period 2021-2025, and the growth momentum of the market will accelerate at a CAGR of 20.19%. Download a free sample now!
Corporate E-Learning Market –The corporate e-learning market share is expected to grow by $37.80 billion between 2020 and 2025, and the market growth momentum will accelerate at a CAGR of 13.14%. Download a free sample now!
Corporate Training Market Scope
Cover of the report
Year of reference
Growth dynamics and CAGR
Accelerate at a CAGR of 7.97%
Market growth 2021-2025
Annual growth (%)
North America, Europe, APAC, South America and MEA
Efficient contribution to the market
North America at 43%
Main consumer countries
United States, Canada, United Kingdom, Germany and France
Leading companies, competitive strategies, reach of consumer engagement
Adobe Inc., Cisco Systems Inc., City and Guilds Group, D2L Corp., Franklin Covey Co., GP Strategies Corp., John Wiley and Sons Inc., NIIT Ltd., Skillsoft Ltd. and Wilson Learning Worldwide Inc.
Parent Market Analysis, Market Growth Drivers and Barriers, Fast and Slow Growing Segment Analysis, Impact of COVID-19 and Future Consumer Dynamics, Market Condition Analysis for the Forecast Period,
If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.
Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable information to help companies identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.
Communication and Marketing Officer
United States: +1 844 364 1100
United Kingdom: +44 203 893 3200
E-mail: [email protected]