India Corporate training Market—Allied Market Research

The India corporate training market is witnessing significant growth and offers various business opportunities amidst a few challenges. The market is driven by the increasing demand for skilled workforce, the rising focus on talent development, and the adoption of technology-based training solutions. However, challenges such as the lack of standardized training programs, limited budget allocations for training, and the need for customization hinder market growth. Nonetheless, the industry presents immense potential for growth and expansion. Additionally, the market is witnessing the integration of gamification and microlearning methodologies to enhance engagement and knowledge retention. As businesses recognize the importance of upskilling and reskilling their workforce to stay competitive, there is a growing demand for corporate training services across various sectors.

India 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

Some of the major players in India corporate training industry analyzed in this report include NIIT Limited, Aptech Limited, EduPristine India, Knowledge Woods, Tata Interactive Systems, Kaizen National Institute of Training & Development, GP Strategies Corporation, Manipal Prolearn, Insyst Learning Solutions, CL Educate Ltd

Key findings of the study

• By training method, the face-to-face segment accounted for the highest corporate training market share in 2019, growing at a significiant CAGR from 2021 to 2030.
• By training program, the technical training segment accounted for the highest market share in 2019, growing at a significiant  CAGR from 2021 to 2030.
• By industry, the pharmaceutical and healthcare segment accounted for the highest market share in 2019, growing at a significiant  CAGR from 2021 to 2030.