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Corporate Training Market in the US 2018-2022

Corporate Training Market in the US 2018-2022

About Corporate Training

Corporate training involves activities and lessons for the professional development of employees and helps in improving their skills and enhancing their performance. Employers use training for new employees, to teach new skills to current employees for the same job, and to facilitate the advancement of employees into jobs requiring different skill sets.

Technavio’s analysts forecast the corporate training market in the US to grow at a CAGR of 9.92% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the corporate training market in the US for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.Technavio's report, Corporate Training Market in the US 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
  • CrossKnowledge
  • Desire2Learn
  • GP Strategies
  • NIIT
  • Skillsoft
  • Wilson Learning Worldwide
Market driver
  • Structural changes in the manufacturing industry
  • For a full, detailed list, view our report
Market challenge
  • Law acceptance of development courses among learners
  • For a full, detailed list, view our report
Market trend
  • Growing demand for microlearning
  • 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?


Press Release

Technavio Announces the Publication of its Research Report – Corporate Training Market in the US 2018-2022

Technavio recognizes the following companies as the key players in the corporate training market in the US: City & Guilds Group, CrossKnowledge, Desire2Learn, GP Strategies, NIIT, Skillsoft, and Wilson Learning Worldwide.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing demand for microlearning. Microlearning or bite-sized learning allows learners to get trained in a self-paced learning environment. Furthermore, companies in the corporate training industry have also leveraging microlearning for creating innovative content including infographics, videos, texts, audios, and animations.”

According to the report, one driver in the market is structural changes in the manufacturing industry. With the growing skill gaps among the existing employees in the manufacturing sector due to the rapid introduction of new machines in business operations, the need for equipping these employees with ad-hoc training sessions has increased considerably in the recent years.

Further, the report states that one challenge in the market is law acceptance of development courses among learners. Organizations face a challenge in garnering positive employee participation in training and development programs. Factors such as substandard training, time-consuming modules, and laborious effort discourage the participation of employees.

Companies Mentioned

City & Guilds Group
CrossKnowledge
Desire2Learn
GP Strategies
NIIT
Skillsoft
Wilson Learning Worldwide

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
    • Corporate training model
      • Table Corporate training: Value chain
      • Table Parent market
      • Table Parent market: Global education market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Corporate training market in the US - Market size and forecast 2017-2022 ($ bn)
      • Table Corporate training market in the US - Year over year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Technical courses - Market size and forecast 2017-2022
      • Table Technical courses - Market size and forecast 2017-2022 ($ bn)
      • Table Technical courses - Year over year growth 2018-2022 (%)
    • Non-technical courses - Market size and forecast 2017-2022
      • Table Non-technical - Market size and forecast 2017-2022 ($ bn)
      • Table Non-technical courses - Year over year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table Corporate training market in the US by end-user - Market share 2017-2022 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Corporate training market in the US by manufacturing - Market size and forecast 2017- 2022
      • Table Corporate training market in the US by manufacturing - Market size and forecast 2017- 2022 ($ bn)
      • Table Corporate training market in the US by manufacturing - Year over year growth 2018- 2022 (%)
    • Corporate training market in the US by healthcare - Market size and forecast 2017-2022
      • Table Corporate training market in the US by healthcare - Market size and forecast 2017-2022 ($ bn)
      • Table Corporate training market in the US by healthcare - Year over year growth 2018-2022 (%)
    • Corporate training market in the US by BFSI - Market size and forecast 2017-2022
      • Table Corporate training market in the US by BFSI - Market size and forecast 2017-2022 ($ bn)
      • Table Corporate training market in the US by BFSI - Year over year growth 2018-2022 (%)
    • Corporate training market in the US by IT - Market size and forecast 2017-2022
      • Table Corporate training market in the US by IT - Market size and forecast 2017-2022 ($ bn)
      • Table Corporate training market in the US by IT - Year over year growth 2018-2022 (%)
    • Corporate training market in the US by others - Market size and forecast 2017-2022
      • Table Corporate training market in the US by others - Market size and forecast 2017-2022 ($ bn)
      • Table Corporate training market in the US by others - Year over year growth 2018-2022 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global corporate leadership training market 2016-2021 ($ billions)
    • Market challenges
  • Market trends
    • Analytical applications of training data
    • Growing demand for microlearning
    • Rising use of gamification and m-learning
      • Table Global corporate m-learning market 2016-2021 ($ billions)
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • City & Guilds Group
      • Table Vendor overview
      • Table City & Guilds Group - Business segments
      • Table City & Guilds Group - Organizational developments
      • Table City & Guilds Group - Geographic focus
      • Table City & Guilds Groups - Segmental focus
      • Table City & Guilds Group - Key offerings
    • CrossKnowledge
      • Table Vendor overview
      • Table CrossKnowledge - Business segments
      • Table CrossKnowledge - Organizational developments
      • Table CrossKnowledge - Geographic focus
      • Table CrossKnowledge - Segmental focus
      • Table CrossKnowledge - Key offerings
    • Desire2Learn
      • Table Vendor overview
      • Table Desire2Learn - Business segments
      • Table Desire2Learn - Organizational developments
      • Table Desire2Learn - Geographic focus
      • Table Desire2Learn - Segmental focus
      • Table Desire2Learn - Key offerings
    • GP Strategies
      • Table Vendor overview
      • Table GP Strategies - Business segments
      • Table GP Strategies - Organizational developments
      • Table GP Strategies - Geographic focus
      • Table GP Strategies - Segment focus
      • Table GP Strategies - Key offerings
    • NIIT
      • Table Vendor overview
      • Table NIIT - Business segments
      • Table NIIT - Organizational developments
      • Table NIIT - Geographic focus
      • Table NIIT - Segment focus
      • Table NIIT - Key offerings
    • Skillsoft
      • Table Vendor overview
      • Table Skillsoft - Business segments
      • Table Skillsoft - Organizational developments
      • Table Skillsoft - Geographic focus
      • Table Skillsoft - Segmental focus
      • Table Skillsoft - Key offerings
    • Wilson Learning Worldwide
      • Table Vendor overview
      • Table Wilson learning worldwide - Business segments
      • Table Wilson learning worldwide - Organizational developments
      • Table Wilson learning worldwide - Geographic focus
      • Table Wilson Learning Worldwide - Segmental focus
      • Table Wilson Learning Worldwide - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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