Corporate Training Market Growing at 8% CAGR to Hit USD 487.3 billion By 2030 | Growth, Share Analysis, Company Profiles
Corporate training research trends
North America occupied maximum share in the corporate training market and is expected to grow at a CAGR of 7.0% from 2021 to 2030.
PORTLAND, OREGON, UNITED STATES, November 21, 2023 /EINPresswire.com/ -- The global corporate training market was valued at $332.9 billion in 2019, and is projected to reach $487.3 billion by 2030, growing at a CAGR of 8% from 2021 to 2030.
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According to the Corporate Training Market report published by the Allied Market Research, the study presents impending revenue forecast of the industry for the next few years coupled with imminent market trends and opportunities. Moreover, the study also doles out different logical tables and graphs to identify the complexities of the market.
A complete and wide-ranging evaluation of the aspects that drive and restrain the Market growth is also provided throughout the study. This detailed exploration of the market size and its proper segmentation help the market players define the prevalent opportunities that are looming large.
The report helps clients in comprehending their first-hand knowledge of the global market while providing a full-fledged understanding of the regional-level analysis of each segment. At the same time, the study contains in-depth information of the frontrunners that are active in the industry along with their financial agenda, segmental profits, company trends, services/products offerings, and major adopted stratagems.
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The Corporate Training market report keeps a perfect tab on the market share of several companies, recent market trends, revenue forecast, and new product launches across the market. The report includes company profiles that delineate the revenue share of the top competitors in the market. Simultaneously, the report provides revenue forecasts for four regions and more than twenty major countries across Asia-Pacific, LAMEA. North America and Europe.
Market Key Players:
Bizlibrary, GP Strategies Corporation, Franklin Covey Co., City & Guilds Group, D2L Corporation, Cornerstone Ondemand Inc., Wilson Learning Worldwide Inc., Allen Communications Learning Services, Simplilearn Solutions, and Skill Soft.
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Market Segmentation:
By Training Program
✤ Technical Training
✤ Soft Skills
✤ Quality Training
✤ Compliance
✤ Others Training Program
By Industries
✤ Retail
✤ Pharmaceutical
✤ Healthcare
✤ Financial Services
✤ Professional Services
✤ Public Enterprises
✤ Information Technology
✤ Other Industries
Analysis of COVID-19 impact
The outbreak of the pandemic has had a massive impact on the majority of industries and the Corporate Training market was also not an exception in this regard. The report provides a detailed study on the micro- and macro-economic impact during the pandemic. Additionally, it emphasizes the direct impact of the COVID-19 pandemic on the Corporate Training market in the form of qualitative study. The report offers explicit details regarding the market extent and shares during this unprecedented time. At the same time, the major strategies adopted by the market players to combat the global crisis are also covered under the report. Last but not least, the report highlights how the pandemic has distorted the supply chain of the market and takes in a post-COVID-19 analysis too.
Key findings of the study
By training method, the face-to-face segment accounted for the highest corporate training market share in 2019, growing at a CAGR of 13.9% from 2021 to 2030.
By training program, the technical training segment accounted for the highest market share in 2019, growing at a CAGR of 6.9% from 2021 to 2030.
By industry, the pharmaceutical and healthcare segment accounted for the highest market share in 2019, growing at a CAGR of 6.6% from 2021 to 2030.
By region, North America occupied maximum share in the corporate training market in 2019 and is expected to grow at a CAGR of 7.0% from 2021 to 2030.
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