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Corporate Training Market 2005: Forecast & Analysis


Attention: There is an updated edition available for this report.

Corporate Training Market 2005: Forecast & Analysis is a must-have report for top executives and business strategists in the training industry, providing a full market capitulation and profiles of the leading companies that compete for corporate training dollars from all corners of the market:

  • soft skills and IT training providers
  • infrastructure and learning management systems (LMS) providers
  • live e-learning providers

Woven throughout the report is trend analysis and metrics, including: market size, market share, revenue growth figures and three-year revenue forecasts for the corporate training industry.


Methodology

Simba Information’s Corporate Training Market 2005: Forecasts & Analysis studies the worldwide market for U.S.-based training vendor firms targeting corporate and government clients, in terms of revenues, growth and market share, as well as trends and forces that are shaping the world of training. For the purpose of this report, Simba has divided the world of training vendors into three main segments: IT content, soft skills content and e-learning (which includes infrastructure systems and live virtual classrooms). To reach its conclusions, Simba embarked on an extensive research project that included interviews and surveys of leading players in the industry, as well as experts, association members and Wall Street analysts. The data, including estimates and projections of future results, was then tabulated.

While market estimates were based on Simba’s analysis of the statistical and numerical data mentioned above, more abstract information was also factored in, such as market trends, individual company strategies and broader economic forecasts. It should be noted that this is merely a cursory description of a complex and systematic process of information gathering and analysis. Market totals are from sales of U.S.-based training vendor firms, as well as from offshore firms that primarily conduct business in the U.S. and have headquarters here. Areas that are excluded from consideration include credit-based continuing education, adult education, degree-granting programs and vocational/technical instruction.

For the purposes of this report, the IT training sector consists of vendor firms offering non-captive training for business users and IT professionals. The soft skills training market consists of businesses offering instruction in non-technical, business-related skills including—but not limited to—communication, leadership, management, team-building, sales and customer service. The e-learning sector includes infrastructure firms offering software and services which—among other things—allow clients to create online content; manage all forms of training (classroom, online, CD-ROM, etc.); track usage by employees; and test and assess student performance. Live virtual classroom and collaboration firms provide products and services that allow clients to hold real-time training sessions over the Internet or corporate intranet, using either installed software or via a Web-hosted service.


Executive Summary

Chapter 1: Overview Of The Corporate Training Market
Introduction
M&A Deal Value Rose In '04, With Outside Interests Buying In
Live E-Learning To Drive Market Growth 8% In 2005
Average Stock Prices For Training Companies Take A Dive In 2004
WebEx Alone Among Market Leaders In Registering A Positive Margin

Table 1.1: Comparison Of Corporate Training M&A Activity, 2004 vs. 2003
Table 1.2: Corporate Training Mergers And Acquisitions, 2004
Table 1.3: Projected Growth Of Global Corporate Training Sales Of U.S.-Based Firms, 2003-2005
Table 1.4: Projected Breakdown Of Corporate Training Market 2004, By Sector
Table 1.5: Performance Of Training Company Stocks, Jan. 2-Dec. 31, 2004
Table 1.6: Simba's 2004 Corporate Training Operating Margin Index.

Chapter 2: Trends In The Corporate Training Market
Recovering Economy Results In Increased Spending On Training
Training Outsourcing Remains On The Rise, Forecast To Grow 20%
Market For Training Seminars Grew 15% In '04 After Two Flat Years
Untapped Russian, South African Markets Present IT Opportunities

Table 2.1: Gross Domestic Product In Billions Of Current Dollars, 2002-2004
Table 2.2: Employment Gains, 2004 vs. 2003
Table 2.3: Sample List Of Major Training Outsourcing Contracts

Chapter 3: IT Training
Introduction
Security Will Remain A Key Driver Of IT Training Growth In 2005
Demand For Project Management Impacts IT Training Market
RFID Technology Not An Immediate Concern For IT Trainers
New Horizons Continues To Dominate IT Training Field In 2005

Table 3.1: Fastest Growing U.S. IT Occupations, 2002 vs. 2012
Table 3.2: Improving Network Security Top Priority In 2005
Table 3.3: Growth In Project Management Training, 2003-2005
Table 3.4: Worldwide Sales Of Top U.S. IT Training Companies, 2003-2005

Chapter 4: Soft Skills Training
Introduction
Improved Economy Leads To Rise In Jobs, Management Training
Influx Of New Managers Will Lead To Rise In Leadership Training
Project Management A Hot Topic In 2004, Growth Expected In '05
IIR Tops Soft Skills Training Provider List In 2005

Table 4.1:Employment Gains, Last Four Months of 2004 vs. 2003
Table 4.2: Changes In Management/Executive Employment, 2002 vs. 2012
Table 4.3: Occupations With The Largest Job Growth, 2002 vs. 2012
Table 4.4: Growth In Project Management Training, 2003-2005
Table 4.5: Worldwide Sales Of Top U.S. Soft Skills Training Companies, 2003-2005

Chapter 5: E-Learning
Introduction: Infrastructure Systems
Consolidation Will Continue Among Infrastructure Players
Saba Takes Lead Of LMS Pack With Projected 13.2% Market Share
Virtual Classroom/Web Collaboration Platforms Also Take Off
Top Five Live E-Learning Vendors Maintain Their Leadership Positions

Table 5.1: Worldwide Sales Of E-Learning Infrastructure Leaders, 2003-2005
Table 5.2 Sales Of Live E-Learning Leaders, 2003-2005

Chapter 6: Forecasts and Conclusions
Corporate Training Is Woven Into Daily Job Functions
Training Outsourcing Will Grow As Control Is Surrendered
Market For Corporate Training To Top $12 Billion By 2008

Table 6.1: Growth of Global Corporate Training Market For U.S. Firms, 2003-2008

Company Profiles
American Management Association
Blessing White
Center For Creative Leadership
Centra Software Inc.
Convergys Learning Solutions
Development Dimensions International
Element K Corporation
ExecuTrain
Franklin Covey
GeoLearning
Global Knowledge
IBM/Lotus E-Learning
The Institute For International Research
Interwise
The Ken Blanchard Companies
KnowledgePlanet
Learning Tree International
Microsoft Live Meeting
NETg
New Horizons Worldwide
Novations Group
Outstart
Pathlore
Plateau Systems
Productivity Point International
Saba Software Inc.
SkillSoft
SumTotal Systems.
Thinq Learning Solutions Inc.
WebEx

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