Press release
Corporate Training Services Market 2020 | In-Depth Study On The Current State Of The Industry And Key Insights Of The Business Scenario By 2027 | Global knowledge, IIL India, IMD, Allencomm, Simplilearn, Velociteach
Corporate Training Services Market Size - 368.5 million in 2016, Market Growth - CAGR of 5.2%, Corporate Training Services Industry Trends - HR learning software in the corporate training services market is the most popular and recognized corporate training option for the companies this year.Most of the corporate companies now have a preference online HR module to provide training to their employees about the company rules and regulations, which is likely to fuel the global market.
Corporate training majorly comprises certification of specialized skills, standardized quality content development, skill-building services, and delivery. Corporate training majorly refers to a system of professional development activities mainly provided to give training or educate the employees.
In simple terms, it can be called as corporate education to train their employees on precise aspects of their job responsibilities or processes which are designed in-house. Organizations and companies are now taking benefit of a range of digital tools for instance; instructor-led framework, a standardized classroom-based, for a new kind of learning experience, thus these factors are likely to fuel the global corporate training market.
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In terms of geography, the North American region is likely to hold the largest market of Corporate Training and is projected to dominate the market share in the coming years. On the other hand, North America may lose its global market share to APAC province which is projected to witness the highest expansion rate among the regions.
Further key findings from the report suggest
The global corporate training market share of around USD 368.5 million in 2016 and forecast to grow at a CAGR of 5.2%, during the forecast period.
The global market is classified in terms of product, which is divided into technical courses and non-technical courses. In terms of end-users, the market is categorized into manufacturing, healthcare, BFSI, IT, and others and on the basis of the learning method, it is divided into blended learning, offline learning, and online learning. The technical courses segment is likely to lead the market and expected to be followed by non-technical courses. In the coming years, the division of the technical course is anticipated to maintain its authority over the market and register the maximum growth.
North America is expected to grow at a significant rate in the forecast period as compared to other regions.
Prominent players profiled in the study:
Global knowledge, IIL India, IMD, Allencomm, Simplilearn, Velociteach, Bizlibrary, Degreed, Litmus are among others.
Every market segment and sub-segment is thoroughly examined in the report. The competitive scenario of the market has been evaluated by studying various factors, including an assessment of the leading manufacturers, pricing analysis, and gross revenue. The Global Corporate Training Services Market report gives all essential information relating to the worldwide business comprehensively. It also sheds light on the drivers and restraints operating in the Corporate Training Services market, which are expected to affect the future progress of the industry.
In market segmentation by Types of the Corporate Training Services, the report covers the following uses-
Technical training
Non-technical training
In market segmentation by applications of the Corporate Training Services, the report covers the following uses-
Manufacturing
Healthcare
BFSI
IT
Others
The study primarily helps the readers decipher the market segments or regions or countries that control a considerable portion of the Corporate Training Services sector so the readers can maximize their return on investments and enhance the profitability of their operations. The study outlines the competitive landscape of the Corporate Training Services industry and an in-depth analysis of the leading vendors and players operating in the industry. The study is intended to help the readers formulate lucrative strategies and capitalize on the existing growth opportunities in the Corporate Training Services sector in the coming years.
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Drivers
Governmental regulations and standards for increasing usage of Corporate Training Services
Increasing demand due to growing awareness of the applications of Corporate Training Services
Restraints
Lack of effectiveness of existing Corporate Training Services
High costs associated with Corporate Training Services
Growth Opportunities
Technological advancements in the Corporate Training Services sector
Increasing demand in the Asia Pacific region
The timeline of the study is as follows:
Historical years - 2016-2018
Base year - 2019
Forecast period - 2020 to 2027
The report underlines the investment opportunities available in the global market for stakeholders, along with an in-depth evaluation of the competitive landscape and product range offered by the key players.
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Regions covered in the report:
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Countries mapped in the study:
Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Japan, United States, Mexico, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, Taiwan, South Korea, Singapore, India, and New Zealand.
Key highlights of the report:
A competitive assessment of the global market, comprising of the parent market
Notable developments in the market dynamics
Market segmentation up to the second or third level
Historical, current, and estimated size of the market, by studying the industry in terms of both value and volume
Investigation of recent developments in the Corporate Training Services industry
Market shares controlled and strategies adopted by key players
Emerging segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
Outline of the Table of Contents of the Global Corporate Training Services Market Report:
Chapter 1: Introduction, vital industry aspects, aims of the study, and research scope of the Corporate Training Services market
Chapter 2: Executive Summary - basic data of the Corporate Training Services Market
Chapter 3: Market Dynamics - Drivers, Trends, Opportunities, and Risks in the Corporate Training Services Industry
Chapter 4: Corporate Training Services Market Analysis, SWOT Analysis, Porter's Five Forces Analysis, Value Chain Analysis, PESTEL analysis, Market Entropy, Patent/Trademark Analysis
Chapter 5: Market Segmentation by Type, Application, End-User, and Region 2016-2018
Chapter 6: Leading manufacturers in the Corporate Training Services market, along with Competitive Landscape, Peer Group Analysis, BCG Matrix, and elaborate Company Profiles
Chapter 7: Extensive investigation of the market by segments, by regions, and by manufacturers with revenue share and sales by key countries in the major regions included in the report.
Chapter 8 & 9: Displaying the Appendix, Research Methodology, and Sources of Data Collection
Read the detailed Report description and table of contents@ https://www.marketexpertz.com/industry-overview/global-corporate-training-services-market
Key issues addressed in the study:
Who are the leading manufacturers, and what are the expansion strategies adopted by them to stay ahead in the Global Corporate Training Servicesmarket?
What do the outcomes of Porter's five forces analysis and PESTEL analysis indicate about the future of the Global Corporate Training Servicesmarket?
What are the growth prospects and threats that players engaged in the Global Corporate Training Servicesmarket will face in the forecast duration?
What is the result of the SWOT analysis performed on key vendors?
Report Customization:
Market Expertz also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
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