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Global Corporate Workforce Development Training Market 2017-2021

Global Corporate Workforce Development Training Market 2017-2021

About Corporate Workforce Development Training

Corporate workforce development training is the training provided to employees who have joined organizations as freshers or have re-joined a specific job profile in the same organization. This training could be teaching of technical as well as non-technical skills. The learning gap emerges when the knowledge gained in universities and colleges is not enough to help an individual perform at workplaces. The foremost benefit of providing this training is that employees become well-aware of their roles and responsibilities related to the job.

Technavio’s analysts forecast the global corporate workforce development training market to grow at a CAGR of 13.26% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global corporate workforce development training market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • North America
  • APAC
  • Europe
  • ROW
Technavio's report, Global Corporate Workforce Development Training Market 2017-2021, 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
  • Eton Institute
  • LearnQuest
  • NIIT
  • Pearson
  • Wilson Learning
Other prominent vendors
  • CARA Group
  • CTU
  • Dale Carnegie Training
  • GP Strategies
  • InfoPro Learning
  • Raytheon
  • Skillsoft
Market driver
  • Strengthens employee induction programs
  • For a full, detailed list, view our report
Market challenge
  • Rise in market fragmentation
  • For a full, detailed list, view our report
Market trend
  • Expansion of businesses globally
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 – Global Corporate Workforce Development Training Market 2017-2021

Technavio recognizes the following companies as the key players in the global corporate workforce development training market: Eton Institute, LearnQuest, NIIT, Pearson, and Wilson Learning.

Other Prominent Vendors in the market are: CARA Group, CTU, Dale Carnegie Training, GP Strategies, InfoPro Learning, Raytheon, and Skillsoft.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Expansion of businesses globally. Globally, SMBs have begun to play a stronger role in strengthening the respective region’s economic situation. Irrespective of the businesses conducted by each country’s SMB sector, they are recording a significant growth. Companies expect to gain a lot from the Asian countries. India and China are the primary focus regions for companies to invest in. Companies are also targeting countries such as Indonesia and Thailand. Therefore, there is a need to learn the culture and the etiquette of these regions to make the business successful.”

According to the report, one of the major drivers for this market is Strengthens employee induction programs. Workforce development training plays a vital role in bridging the learning gap of the new workforce. It helps employees in developing a fundamental understanding of the functioning aspects of their respective organizations. These training programs provide guidelines on ethics and practices followed in organizations. Furthermore, development training not only enhances the overall knowledge of employees but also gives employees a brief on ethics and practices being followed in organizations.

Further, the report states that one of the major factors hindering the growth of this market is Rise in market fragmentation. The primary challenge that will be faced by vendors in the global corporate workforce development training market is that the market is highly fragmented due to the presence of a large number of unorganized vendors or training providers. The presence of the unorganized sector is eroding the shares of leading vendors. The unorganized sector mainly comprises small-scale companies or regional vendors or educational program or online learning companies. These companies have been offering workforce development training to corporations, thereby, resulting in deteriorating market share of prominent vendors.

Companies Mentioned

Eton Institute, LearnQuest, NIIT, Pearson, Wilson Learning, CARA Group, CTU, Dale Carnegie Training, GP Strategies, InfoPro Learning, Raytheon, and Skillsoft.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Global corporate training market
      • Table Corporate training: Key insights
      • Table Key steps in corporate training activities
      • Table Types of corporate training courses 2015 (% share)
  • Market landscape
    • Global corporate workforce development training market
      • Table Global corporate workforce training market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by learning method
    • Global corporate workforce development training market by learning method
      • Table Global corporate workforce development training market by learning method 2016-2021 ($ billions)
      • Table Global corporate workforce development training market by learning method 2016-2021 (% share)
    • Global corporate workforce development training market by online learning
      • Table Global corporate workforce development training market by online learning 2016-2021($ billions)
    • Global corporate workforce development training market by instructor-led learning
      • Table Global corporate workforce development training market by instructor-led learning2016-2021 ($ billions)
    • Global corporate workforce development training market by instructor-led learning
      • Table Global corporate workforce development training market by blended learning 2016-2021 ($ billions)
  • Geographical segmentation
    • Global corporate workforce development training market by geographical segmentation
      • Table Global corporate workforce development training market by geographicalsegmentation 2016-2021 ($ billions)
      • Table Global corporate workforce development training market by geographicalsegmentation 2016-2021 (% share)
    • Corporate workforce development training market in North America
      • Table Corporate workforce development training market in North America 2016-2021 ($billions)
    • Corporate workforce development training market in Europe
      • Table Corporate workforce development training market in Europe 2016-2021 ($ billions)
    • Corporate workforce development training market in APAC
      • Table Corporate workforce development training market in APAC 2016-2021 ($ billions)
    • Corporate workforce development training market in ROW
      • Table Corporate workforce development training market in ROW 2016-2021($ billions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global corporate m-learning market 2016-2021 ($ billions)
    • Market challenges
  • Market trends
    • Expansion of businesses globally
    • Provision of training via social collaboration tools
    • Significant rise in number of vendors
  • Vendor landscape
    • Competitive scenario
    • Competitive benchmarking
      • Table Vendor analysis
    • Growth strategy
      • Table Key vendors: Strategic initiatives overview
  • Key vendor analysis
    • Eton Institute
    • LearnQuest
    • NIIT
    • Pearson
    • Wilson Learning
  • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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