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2022

Corporate training Market

Corporate training Market Size, Share, Competitive Landscape and Trend Analysis Report by Training Program, by Industries : Global Opportunity Analysis and Industry Forecast, 2021-2030

CG : Consumer and general services

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Author's: Dinesh Thakur | Roshan Deshmukh
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The report provides a detailed analysis of the Turkey corporate training market on the country level. The study further offers insights based on the key determinants of the market, including drivers and challenges along with their relative impact across the country. In addition, the report examines the potential opportunities for the players to enter the Turkey corporate training market.

The report describes competitive landscape of major market players to boost their shares and remain competitive in the industry. The study includes Porter’s five forces model and PESTEL analysis to understand the competitive scenario of the industry. The study covers the top investment pockets for investor to capitalize in the approaching time. These analysis frameworks are benchmarked on the basis of their relative market share, CAGR, and market attractiveness. The competition section of the report provides comprehensive assessment on company offering financials, business strategies, and developments. The section further contains data on penetration of local companies in the market along with their relative market share.

Corporate training Market by Training Program

The company profiles in the report cover strategic developments such as acquisitions & mergers, agreements, partnerships, products launch, collaborations, joint ventures, research & development investment, and expansion of major companies in the market.

COVID-19 Impact Analysis

The COVID-19 pandemic led to an enormous impact on people’ lifestyle as well as economy. The report offers an overview of the micro and macro economic impacts of the pandemic on the market. The report further exhibits the market size and share with impact of COVID-19. Furthermore, it provides an overview on the impact the pandemic had on the supply chain and other aspects of the Turkey corporate training market. The reduced number of covid patients, owing to safety majors taken by governments and vaccination campaigns to curb the spread of coronavirus are also expected to impact on the global Turkey corporate training market. The report, therefore, also highlights the major market strategies designed and adopted by players to confront the challenges created by the global health crisis. The report provides an overview of both the post-COVID-19 as well as pre-COVID-19 impact analyses.

Corporate training Market Report Highlights

Aspects Details
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Market Size By 2030

USD 487.3 billion

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Growth Rate

CAGR of 8%

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Forecast period

2019 - 2030

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Report Pages

274

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By Training Program
  • Soft Skills
  • Quality Training
  • Compliance
  • Others Training Program
  • Technical Training
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By Industries
  • Retail
  • Pharmaceutical And Healthcare
  • Financial Services
  • Professional Services
  • Public Enterprises
  • Information Technology
  • Others Industries
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By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Germany, France, U.K., Italy, Spain, Russia, Rest of Europe)
  • Asia-Pacific  (Japan, China, India, South Korea, Australia And New Zealand, Asean, Rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, Turkey, Rest of LAMEA)
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Key Market Players

Franklin Covey Co., Business Training Library, Inc., City and Guilds International Limited, Wilson Learning Worldwide, Inc., Cornerstone OnDemand, Inc., GP Strategies Corporation, D Two L, allen communication learning services, Simplilearn Solutions, skillsoft

Analyst Review

Key players operating in the global corporate training market have adopted developmental strategies such as introduction of new training methods, and different training programs to strengthen their foothold in the market, in terms of value sales. They emphasize on continuous innovation to formulate new training methods and gain a competitive edge in the global market and to boost the demand for corporate training in various industries.

According to the key market players, growing demand of micro-learning and use of gamification across the corporate sectors will boost the growth of the corporate training market. These players are focused on investing in R&D activities to offer easy and effective ways to train employees of corporate sectors and maintain their position in the market.

According to some key corporate training players, emergence of cost-effective e-learning training module is anticipated to fuel the growth of the market across the globe. Moreover, key manufacturers are providing training programs including soft skills, sales training, compliance training, technical training and others, in order to enhance trainee’s skill sets and making them more efficient and productive at the workplace. However, budget concern of corporate sectors is expected to hamper the market growth in terms of value sales.

Author Name(s) : Dinesh Thakur | Roshan Deshmukh
Frequently Asked Questions?

The global corporate training market was valued at $332,931.1 million in 2019, and is projected to reach $487,305.7 million by 2030, registering a CAGR of 8.0% from 2021 to 2030.

The global corporate training market is expected to grow at a significant CAGR of 8.0% from 2021 to 2030.

The sample of the Global Corporate Training Market report is available on request on the website of the Allied Market Research.

The forecast period calculated in the global corporate training market report is from 2021 to 2030. The report provides a detailed analysis of the market sizes in each forecast year and highlights the upcoming trends in the market.

The key players operating in the global corporate training market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the major players in the global corporate training industry analyzed in this 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.

The global corporate training market segment is categorized on the basis of training method, training program, industry, and region. By training method, 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 FMCG/retail, pharmaceutical and healthcare, financial services, professional services, public enterprises, information technology, and other industries. Region-wise, the corporate training market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

LAMEA is expected to be the fastest-growing market during the forecast period, owing to the growing investments in the industrial development, rising penetration of the corporates, and rising employment in the MNCs.

North America accounted for the highest market share in 2019. Factors such as the presence of many MNCs and large organizations in the region and the increasing focus of many MNCs and other large organizations on expanding their geographical presence along with good employment rate in this region has significantly influence corporate training market growth in this region.

The COVID-19 pandemic has shown a negative impact on corporate training market. The COVID-19 has caused approximately 195 million of job losses across the globe. Moreover, Europe and Arab States have seen the worst impact on employment in percentage terms during this pandemic. Thus, this global economic disruption led to budget constraints in corporate sectors, which R&D teams had to deal with along with multiple challenges to showcase the ROI of their training programs.

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Corporate training Market

Global Opportunity Analysis and Industry Forecast, 2021-2030