Corporate training involves activities and lessons for employees for their professional development. Focusing on professional development through corporate training helps employees in improving their skills and enhancing their performance. Employers use training to acclimate new employees, teach current employees new skills for the same job, and to advance employees into jobs requiring different skill sets. Training could be specific to acompany or it could be general.
Technavio’s analysts forecast the global corporate training market to grow at a CAGR of 9.79% during the period 2018-2022.
Covered in this report The report covers the present scenario and the growth prospects of the global corporate training market for 2018-2022. To calculate the market size, the report considers the revenue generated through the sales of training products and related services onapay-and-use basis or subscription.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Corporate Training Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • City & Guilds Group • D2L • GP Strategies • NIIT • Skillsoft • Wilson Learning Worldwide
Market driver • Emergence of cost-effective e-learning training modules • For a full, detailed list, view our report
Market challenge • Budgetary concerns • For a full, detailed list, view our report
Market trend • Emergence of IoT and wearable devices • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2022 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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