Global Systems Training Market for Corporate Sector 2018-2022
About Systems Training
The global systems training market for the corporate sector involves training programs on the design, development, deployment, and maintenance of systems (hardware and software) used in business processes.
Technavio’s analysts forecast the global systems training market for corporate sector to grow at a CAGR of 13.06% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global systems training market for corporate sector for 2018-2022. To calculate the market size, the report considers the revenue generated from systems training vendors that cater to the corporate sector.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Systems Training Market for Corporate Sector 2018-2022
Technavio recognizes the following companies as the key players in the global systems training market for corporate sector: City & Guilds Group, CGS, GP Strategies, Global Knowledge, Learning Tree International, and Skillsoft.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increased use of virtual and augmented reality in systems training. There has been an increase in emphasis on modernizing technology to enhance training provisions. In line with this, technologies such as virtual reality and augmented reality have gained traction in the global systems training market for the corporate sector, with many vendors opting to teach employees using virtual reality.”
According to the report, one of the major drivers for this market is Increasing demand for customized training. In the systems training domain, unlike most of the other types of training, there is limited scope for generic training. This is because each system or technology has its own specifications that require distinct understanding. As a result, the majority of the companies opt for customized training.
Further, the report states that one of the major factors hindering the growth of this market is Increased adoption of free courseware. The major challenge faced by the vendors in the global systems training market for the corporate sector is the emergence and increased adoption of free systems training courseware. As systems training is specific to processes, there is no one-size-fits-all training method on systems. Systems training can be specific to a hardware or software.
City & Guilds Group, CGS, GP Strategies, Global Knowledge, Learning Tree International, and Skillsoft.