Corporate Training Market 2023 - By Size, Segmentation, Application, Outlook And Opportunities Analysis By 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Corporate Training Global Market Report 2023 identifies utilization of AI in corporate training as the major driver for the Corporate Training market's growth in the forecast period. Artificial intelligence refers to the replication of human intelligence in robots that are engineered to think and act like humans. AI in corporate learning improves training efficiency and effectiveness. However, the benefits of a learning management system (LMS) with strong artificial intelligence capabilities become even more beneficial when it comes to developing a long-term healthy learning culture.

The global corporate training market size is expected to grow from $363.26 billion in 2022 to $380.70 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The corporate training market size is expected to grow to $460.04 billion in 2027 at a CAGR of 4.8%.

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Major competitors in the Corporate Training market are Adobe Inc., Cisco Systems Inc., City & Guilds International Limited, D2L Corporation, Franklin Covey Company, GP Strategies Corporation.

A key trend in the Corporate Training market includes technological advancements. Major companies operating in the corporate training market are focused on developing new technological solutions to strengthen their position in the corporate training market. For instance, in July 2021, Adobe Inc., a US-based creative cloud and digital marketing company, launched Adobe Analytics. This technology is a global program that provides in-demand data science skills to the future workforce. College professors and students will be able to utilize Adobe Analytics, the industry-leading consumer data analytics platform, for free as part of the next generation of the Adobe Education Exchange, as well as have access to the course curriculum with hands-on activities.

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The Corporate Training market is segmented -

• By Training Programs: Technical training, Soft skills training, Quality training, Compliance training, Other training programs
• By Training methods: Virtual, Face-to-face
• By Industries: Healthcare, Banking & Finance, Manufacturing, IT, Retail, Hospitality, Other Industries
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Corporate Training market.

The Business Research Company's "Global Corporate Training Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Corporate Training Market Include:

1. Executive Summary
2. Corporate Training Market Characteristics
3. Corporate Training Market Trends And Strategies
4. Corporate Training Market - Macro Economic Scenario
5. Corporate Training Market Size And Growth
…………………………………..
26. Africa Corporate Training Market
27. Corporate Training Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Corporate Training Market
29. Corporate Training Market Future Outlook and Potential Analysis
30. Appendix

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