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Corporate training Market by Training Method, Training Program and Industry: Global Opportunity Analysis and Industry Forecast, 2021-2027

  • ID: 5237538
  • Report
  • November 2020
  • Region: Global
  • 286 pages
  • Allied Analytics LLP
The global corporate training market was valued at $332,931.1 million in 2019, and is projected to reach $417,212.5 million by 2027, registering a CAGR of 9.4% from 2021 to 2027.



Corporate training, which is also known as workplace learning, is a method to improve the skills, work performance, efficiency of an employee. There are training methods offered for the development of employees. Corporate training helps in advancing the skills sets of employees including communications, negotiation skills, technical skills, and others. There are many online as well as offline training centers to provide essential training to the employees.

Rise in the learning requirement at the workplace across the globe and rising concept of microlearning boosts the corporate training market growth. Moreover, growing use of gamification for training employees further fuels the growth of the market. However, budgetary concern of corporate sectors is expected to hamper the growth of the market. Nevertheless, emergence of cost-effective e learning training modules and emergence of internet of things (IOT) and wearable devices are anticipated to offer immense opportunities for the market growth, in terms of value sales, during the forecast period.

The global corporate training market segment is categorized into training methods, training programs, industries, and region. By training methods, the corporate training market is classified into virtual and face-to-face. By training program, it is divided into technical training, soft skills training, quality training, compliance training and others. By industry, it is segmented into healthcare, banking & finance, manufacturing, IT, retail, hospitality, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report include Bizlibrary, GP Strategies Corporation, Franklin Covey Co., City & Guilds Group, D2L Corporation, Cornerstone Ondemand Inc., Wilson Learning Worldwide Inc., Allen Communications Learning Services, Simplilearn Solutions and Skill Soft.

KEY BENEFITS FOR STAKEHOLDERS
  • This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global corporate training market from 2021 to 2027 to identify the prevailing market opportunities.
  • The key countries in four major regions are mapped based on their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes the analysis of the regional as well as global market, key players, market segments, and growth strategies.
KEY MARKET SEGMENTS

By Training methods
  • Virtual
  • Face-to-face
By Training Programs
  • Technical training
  • soft skills training
  • quality training
  • compliance training
  • others
By Industries
  • Healthcare
  • Banking & Finance
  • manufacturing
  • IT
  • Retail
  • Hospitality
  • Others
By Region
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • ASEAN
  • Australia & New Zealand
  • Korea
  • Rest of Asia-Pacific
  • LAMEA
  • Brazil
  • Saudi Arabia
  • South Africa
  • Turkey
  • Rest of LAMEA
Note: Product cover images may vary from those shown
Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Corporate Training Market Snapshot
2.3. CXO Perspective

Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.3. Porter’s Five Forces Analysis
3.4. Covid-19 Impact on Corporate Training Market
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Increasing Learning Requirements at the Workplace
3.5.1.2. Rising Concept of Microlearning
3.5.1.3. Growing Use of Gamification
3.5.2. Restraint
3.5.2.1. Budgetary Concern
3.5.2.2. Emergence of Cost-Effective E-Learning Training Modules
3.5.2.3. Emergence of Internet of Things (Iot) and Wearable Devices

Chapter 4: Corporate Training Market, by Training Method
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Virtual
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast
4.2.3. Market Analysis, by Country
4.3. Face to Face
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast
4.3.3. Market Analysis, by Country

Chapter 5: Corporate Training Market, by Training Programs
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Technical Training
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast
5.2.3. Market Analysis, by Country
5.3. Soft Skills Training
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast
5.3.3. Market Analysis, by Country
5.4. Quality Training
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast
5.4.3. Market Analysis, by Country
5.5. Compliance Training
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast
5.5.3. Market Analysis, by Country
5.6. Others
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast
5.6.3. Market Analysis, by Country

Chapter 6: Global Corporate Training Market, by Industries
6.1. Overview
6.1.1. Market Size and Forecast
6.2. Banking & Finance
6.2.1. Overview
6.2.2. Key Market Trends, Growth Factors, and Opportunities
6.2.3. Market Size and Forecast
6.2.4. Market Analysis, by Country
6.3. Healthcare
6.3.1. Overview
6.3.2. Key Market Trends, Growth Factors, and Opportunities
6.3.3. Market Size and Forecast
6.3.4. Market Analysis, by Country
6.4. Manufacturing
6.4.1. Overview
6.4.2. Key Market Trends, Growth Factors, and Opportunities
6.4.3. Market Size and Forecast
6.4.4. Market Analysis, by Country
6.5. It
6.5.1. Overview
6.5.2. Key Market Trends, Growth Factors, and Opportunities
6.5.3. Market Size and Forecast
6.5.4. Market Analysis, by Country
6.6. Retail
6.6.1. Key Market Trends, Growth Factors, and Opportunities
6.6.2. Market Size and Forecast
6.6.3. Market Analysis, by Country
6.7. Hospitality
6.7.1. Key Market Trends, Growth Factors, and Opportunities
6.7.2. Market Size and Forecast
Market Analysis, by Country
6.8. Others
6.8.1. Key Market Trends, Growth Factors, and Opportunities
6.8.2. Market Size and Forecast
Market Analysis, by Country

Chapter 7: Corporate Training Market, by Region
7.1. Overview
Market Size and Forecast, by Region
7.2. North America
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Training Method
7.2.3. Market Size and Forecast, by Training Programs
7.2.4. Market Size and Forecast, by Industries
7.2.5. Market Size and Forecast, by Country
7.2.5.1. U.S.
7.2.5.1.1. Market Size and Forecast, by Training Method
7.2.5.1.2. Market Size and Forecast, by Training Programs
7.2.5.1.3. Market Size and Forecast, by Industries
7.2.5.2. Mexico
7.2.5.2.1. Market Size and Forecast, by Training Method
7.2.5.2.2. Market Size and Forecast, by Training Programs
7.2.5.2.3. Market Size and Forecast, by Industries
7.2.5.3. Canada
7.2.5.3.1. Market Size and Forecast, by Training Method
7.2.5.3.2. Market Size and Forecast, by Training Programs
7.2.5.3.3. Market Size and Forecast, by Industries
7.3. Europe
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Training Method
7.3.3. Market Size and Forecast, by Training Programs
7.3.4. Market Size and Forecast, by Industries
7.3.5. Market Size and Forecast, by Country
7.3.5.1. Germany
7.3.5.1.1. Market Size and Forecast, by Training Method
7.3.5.1.2. Market Size and Forecast, by Training Programs
7.3.5.1.3. Market Size and Forecast, by Industries
7.3.5.2. UK
7.3.5.2.1. Market Size and Forecast, by Training Method
7.3.5.2.2. Market Size and Forecast, by Training Programs
7.3.5.2.3. Market Size and Forecast, by Industries
7.3.5.3. France
7.3.5.3.1. Market Size and Forecast, by Training Method
7.3.5.3.2. Market Size and Forecast, by Training Programs
7.3.5.3.3. Market Size and Forecast, by Industries
7.3.5.4. Italy
7.3.5.4.1. Market Size and Forecast, by Training Method
7.3.5.4.2. Market Size and Forecast, by Training Programs
7.3.5.4.3. Market Size and Forecast, by Industries
7.3.5.5. Spain
7.3.5.5.1. Market Size and Forecast, by Training Method
7.3.5.5.2. Market Size and Forecast, by Training Programs
7.3.5.5.3. Market Size and Forecast, by Industries
7.3.5.6. Russia
7.3.5.6.1. Market Size and Forecast, by Training Method
7.3.5.6.2. Market Size and Forecast, by Training Programs
7.3.5.6.3. Market Size and Forecast, by Industries
7.3.5.7. Rest of Europe
7.3.5.7.1. Market Size and Forecast, by Training Method
7.3.5.7.2. Market Size and Forecast, by Training Programs
7.3.5.7.3. Market Size and Forecast, by Industries
7.4. Asia-Pacific
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Training Method
7.4.3. Market Size and Forecast, by Training Programs
7.4.4. Market Size and Forecast, by Industries
7.4.5. Market Size and Forecast, by Country
7.4.5.1. India
7.4.5.1.1. Market Size and Forecast, by Training Method
7.4.5.1.2. Market Size and Forecast, by Training Programs
7.4.5.1.3. Market Size and Forecast, by Industries
7.4.5.2. Japan
7.4.5.2.1. Market Size and Forecast, by Training Method
7.4.5.2.2. Market Size and Forecast, by Training Programs
7.4.5.2.3. Market Size and Forecast, by Industries
7.4.5.3. China
7.4.5.3.1. Market Size and Forecast, by Training Method
7.4.5.3.2. Market Size and Forecast, by Training Programs
7.4.5.3.3. Market Size and Forecast, by Industries
7.4.5.4. Australia & New Zealand
7.4.5.4.1. Market Size and Forecast, by Training Method
7.4.5.4.2. Market Size and Forecast, by Training Programs
7.4.5.4.3. Market Size and Forecast, by Industries
7.4.5.5. Asean
7.4.5.5.1. Market Size and Forecast, by Training Method
7.4.5.5.2. Market Size and Forecast, by Training Programs
7.4.5.5.3. Market Size and Forecast, by Industries
7.4.5.6. Korea
7.4.5.6.1. Market Size and Forecast, by Training Method
7.4.5.6.2. Market Size and Forecast, by Training Programs
7.4.5.6.3. Market Size and Forecast, by Industries
7.4.5.7. Rest of Asia-Pacific
7.4.5.7.1. Market Size and Forecast, by Training Method
7.4.5.7.2. Market Size and Forecast, by Training Programs
7.4.5.7.3. Market Size and Forecast, by Industries
7.5. LAMEA
7.5.1. Key Market Trends, Growth Factors, and Opportunities
7.5.2. Market Size and Forecast, by Training Method
7.5.3. Market Size and Forecast, by Training Programs
7.5.4. Market Size and Forecast, by Industries
7.5.5. Market Size and Forecast, by Country
7.5.5.1. Brazil
7.5.5.1.1. Market Size and Forecast, by Training Method
7.5.5.1.2. Market Size and Forecast, by Training Programs
7.5.5.1.3. Market Size and Forecast, by Industries
7.5.5.2. Saudi Arabia
7.5.5.2.1. Market Size and Forecast, by Training Method
7.5.5.2.2. Market Size and Forecast, by Training Programs
7.5.5.2.3. Market Size and Forecast, by Industries
7.5.5.3. South Africa
7.5.5.3.1. Market Size and Forecast, by Training Method
7.5.5.3.2. Market Size and Forecast, by Training Programs
7.5.5.3.3. Market Size and Forecast, by Industries
7.5.5.4. Turkey
7.5.5.4.1. Market Size and Forecast, by Training Method
7.5.5.4.2. Market Size and Forecast, by Training Programs
7.5.5.4.3. Market Size and Forecast, by Industries
7.5.5.5. Rest of LAMEA
7.5.5.5.1. Market Size and Forecast, by Training Method
7.5.5.5.2. Market Size and Forecast, by Training Programs
7.5.5.5.3. Market Size and Forecast, by Industries

Chapter 8: Competition Landscape
8.1. Top Winning Strategies
8.2. Product Mapping
8.3. Competitive Dashboard
8.4. Competitive Heat Map
8.5. Key Developments
8.5.1. Acquisition
8.5.2. Partnership

Chapter 9: Company Profiles
9.1. Allen Communication Learning Services, Inc.
9.1.1. Company Overview
9.1.2. Key Executives
9.1.3. Company Snapshot
9.1.4. Product Portfolio
9.1.5. Key Strategic Moves and Developments
9.2. Business Training Library, Inc.
9.2.1. Company Overview
9.2.2. Key Executives
9.2.3. Company Snapshot
9.2.4. Operating Business Segments
9.2.5. Product Portfolio
9.3. City & Guilds International Limited.
9.3.1. Company Overview
9.3.2. Key Executives
9.3.3. Company Snapshot
9.3.4. Product Portfolio
9.4. Cornerstone Ondemand, Inc.
9.4.1. Company Overview
9.4.2. Key Executives
9.4.3. Company Snapshot
9.4.4. Operating Business Segments
9.4.5. Product Portfolio
9.4.6. Key Strategic Moves and Developments
9.5. D2L
9.5.1. Company Overview
9.5.2. Key Executives
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.6. Franklin Covey Co.
9.6.1. Company Overview
9.6.2. Key Executives
9.6.3. Company Snapshot
9.6.4. Product Portfolio
9.6.5. Business Performance
9.7. Gp Strategies Corporation
9.7.1. Company Overview
9.7.2. Key Executives
9.7.3. Company Snapshot
9.7.4. Operating Business Segments
9.7.5. Product Portfolio
9.7.6. Business Performance
9.7.7. Key Strategic Moves and Developments
9.8. Simplilearn Solutions
9.8.1. Company Overview
9.8.2. Key Executives
9.8.3. Company Snapshot
9.8.4. Product Portfolio
9.9. Skillsoft.
9.9.1. Company Overview
9.9.2. Key Executives
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.10. Wilson Learning Worldwide, Inc.
9.10.1. Company Overview
9.10.2. Key Executives
9.10.3. Company Snapshot
9.10.4. Product Portfolio
Note: Product cover images may vary from those shown

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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