Press release
Leadership Development Program Market Will Grow due to is Projected to grow at a CAGR of 14.3% during 2023-2032 | Franklin Covey, Skillsoft, AchieveForum
The global leadership development program market was valued at USD 61,600 million in 2022 and it is anticipated to grow further till USD 235,202 million by 2032, at a CAGR of 14.3% during the forecast period.Leadership Development Program is a process through which leaders are created. It involves training and development of people who can take up leadership positions in future. The program aims at enhancing the skills and abilities of individuals so that they can lead teams and organizations effectively. It also helps in building confidence and self-esteem of individuals.
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Market Driver and Trends
The key drivers of the leadership development program market are the need for organizations to have leaders who can effectively manage change, the need for leaders who can inspire and motivate employees, and the need for leaders who can provide direction and guidance. Change is a constant in today's business environment, and organizations need leaders who can effectively manage change. Leaders who can inspire and motivate employees are also in high demand, as they can help to increase employee engagement and productivity.
Finally, leaders who can provide direction and guidance are also in high demand, as they can help organizations navigate through challenging times.
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Market Segmentation
By Type
Online Training
Blended Training
Instructor-Led Training
By Organization Size
SMEs
Large Enterprises
By Region
North America
The U.S.
Canada
Mexico
Europe
The UK
Germany
France
Spain
Rest of Europe
The Asia Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Latin America
The Middle East
Africa
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Major Players in the Global Leadership Development Program Market
The key players studied in the report are Cegos, Dale Carnegie Training, Franklin Covey, Skillsoft, AchieveForum, American Management Association, BTS, Center for Creative Leadership, Global Knowledge and GP Strategies among others.
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