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Corporate Learning and Training Market
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Corporate training, otherwise called Corporate Education or more recently Workplace Learning, is an arrangement of exercises intended to educate employees. While it helps businesses, it is additionally useful for representatives as it helps them get and sharpen information and abilities to advance both professionally and personally.
Corporate learning/ training is any interest in fostering the capacity of workers and the association to successfully comprehend and respond to the environment more effectively. It’s not restricted to mastering position abilities, a new apparatus, or educating them on new products and programming – albeit that can be part of it. At a broad level, a culture of learning can make an association more serious, more imaginative, and more versatile.
Corporate Learning / Training Market- Overview
The Corporate Learning / Training Market size was $8,120 million in 2022, and is anticipated to grow to a value of more than $18,250 million by 2032, with an increasing CAGR (compound annual growth rate) of over 9% from 2023 to 2032.
| Attribute | Key Insights |
| Estimated Market Value (2022) | 8.1USD Billion |
| Forecasted Market Value (2032) | 18.25 USD Billion |
| CAGR % 2023-2028 | 9% |
| Leading Region | North America |
Corporate Learning / Training has grown quickly lately to move beyond training just new hires, salesmen and pioneers. Learning and improvement experts and corporate trainers are viewed as essential accomplices who are vital to the outcome of their business. This is because associations today struggle from an abilities gap. Also, many organizations make sense of that it requires 3-5 years to take a seasoned pro and make them useful. This implies that organizations need to prepare, retrain, and together educate workers and directors to develop. As millennials assume on greater liability, organizations will expect to construct authority and communication skills at all levels and in all areas all over the planet.
Corporate Learning / Training Market- Key trends
Innovations by associations is a key trend bolstering the market
To impose applicable and altered corporate training solutions, associations are continuously and progressively taking on creative and cost-effective ways to train their employees.
This element is expected to drive the market development in the approaching future. This is credited to the fact that the reception of e-learning helps in diminishing employees’ working hours and improves the comfort of support, refreshing, and putting away data effectively.
Advent of wearable gadgets to aid in market progression
The ascent of IoT and wearable gadgets being normal is one of the key patterns accomplishing footing in the corporate learning/training market during the following couple of years. The quick reception of advanced solutions for force e-learning is driving the development of the Internet of Things (IoT) and wearable gadgets. Wearable gadgets or applications are giving helpful and efficient solutions, to productively marking participation and observing their exhibition.
Corporate Learning / Training Market- Segment Analysis
Corporate Learning / Training Market based by training course
There are five types of product type in the Corporate Learning / Training Market are:
- Technical skills
- Soft skills
- Compliance
- Safety training
- Product and service training
The technical skills segment holds the largest market share among others, and expected to frow further in the coming years.
Corporate Learning / Training Market based by training type
There are four types of industrial vertical in the corporate training/learning market are:
- Short-term professional courses
- Micro- learnings
- Professional qualifications
- Unbundled degrees
Corporate Learning / Training Market based by training method
There are three types of application in the Corporate Learning / Training market are:
- Instructor led
- Online
- Blended
Corporate Learning / Training Market based by deployment
There are two types of industrial vertical in the corporate training/learning market are:
- On premise
- Cloud
Corporate Learning / Training Market based by technology
There are five types of industrial vertical in the corporate training/learning market are:
- Learning content management systems
- Rapid web-based
- Application simulation tool
- Virtual classrooms
- Podcasts
Corporate Learning / Training Market based by industrial vertical
There are two types of industrial vertical in the corporate training/learning market are:
- Healthcare
- IT and Technology
The healthcare rules the global corporate learning/ training market with the highest market share, and is projected to recall its dominance throughout the forecast period.
Corporate Learning / Training Market based by participant designation
There are three types of industrial vertical in the corporate training/learning market are:
- Junior/ entry level
- Mid-level
- Senior level and executives
Global Corporate Learning / Training Market- Regional Analysis
In terms of geographic region, the Global Corporate Learning / Training Market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Based on Regional Analysis, North America had a significant corporate learning/ training market share in 2019, and the region is expected to give a few useful learning experiences to advertise sellers during the figure time period. The presence of numerous MNCs and huge associations in the area and the surging focus of numerous MNCs and other enormous associations on widening their geological presence will essentially impact corporate learning/training market development around here.
Corporate Learning / Training Market- Competitive Landscape
The market is divided, with an impressive presence of worldwide and local players giving innovative and technologically progressed training solutions for keep workers of associations distinctly engaged with learning processes. The market has enrolled the section of a few new players contributing broadly to the income generation, which adds to the market potential.
Moreover, sellers giving traditional educator drove corporate training solutions are giving way to online blended and virtual instructional courses. Constant consolidations and acquisitions in the global corporate learning/ training market are one of the vital supporters of market contest. Furthermore, established players are investing hefty sums in creating and reinforcing their training contributions to ensure they accomplish higher worker maintenance and further developed recognition. Collaboration with new companies empowers established players to use benefits given by their items and upgrade their item portfolio.
The key players of the market include SAP SE, Adobe Inc, Automatic Data Processing, Inc, Adrenna, Inc, Articulate, Blatant Media Corporation, Cerner Corporation, Infor (CERTPOINT), City & Guilds Group, CommLab India, Coursera, Inc, D2L Inc., Designing Digitally, Inc, EI Design Pvt. Ltd., Elsevier, G-Cube eLearning Solutions., GBS Corporate Training, GE Healthcare, NIIT Ltd., PeopleFluent, Oracle Corporation, Infor, Infopro Learning Inc., HealthcareSource, and 24/7 TEAC.
Report Scope:
Corporate Learning / Training Market Forecast Years: 2023-2032
Corporate Learning / Training Historical Years: 2019-2021
Corporate Learning / Training Market 2022: $ 8,120 million
Corporate Learning / Training Market 2032: $18,250 million
Corporate Learning / Training Market CAGR: 9.4%
Key Segments:
- Training course
- Training type
- Training method
- Deployment
- Technology
- Industrial vertical
- Participant designation
- Region
Key Regions & Countries: North America (the United States, Canada, and Mexico), Europe, (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, Colombia, etc.), and The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa).
Key Players: SAP SE, Adobe Inc, Automatic Data Processing, Inc, Adrenna, Inc, Articulate, Blatant Media Corporation, Cerner Corporation, Infor (CERTPOINT), City & Guilds Group, CommLab India, Coursera, Inc, D2L Inc., Designing Digitally, Inc, EI Design Pvt. Ltd., Elsevier, G-Cube eLearning Solutions., GBS Corporate Training, GE Healthcare, NIIT Ltd., PeopleFluent, Oracle Corporation, Infor, Infopro Learning Inc., HealthcareSource, and 24/7 TEAC.
ToC
“1.Global Corporate Learning / Training Market Introduction and Market Overview
1.1.Objective of the Market Research Study
1.2.Corporate Learning / Training Market Definition & Description
1.3.Research Data Parameters & Reporting Timelines
1.3.1.Historical Data Reporting Years – 2018 to 2021
1.3.2.Projected Data Reporting Years – 2022 to 2031
1.3.3.Reporting Data Parameters – Value (US$ Million)
1.4.Global Corporate Learning / Training Market Scope and Market Estimation
1.4.1.Global Corporate Learning / Training Overall Market Size (US$ Million), Market CAGR (%), Market Estimates & Forecast (2018 to 2031)
1.4.2.Global Corporate Learning / Training Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2018 to 2031
1.5.Corporate Learning / Training Market Segmentation
1.5.1.Training Course of Global Corporate Learning / Training Market
1.5.2.Training Type of Global Corporate Learning / Training Market
1.5.3.Training Method of Global Corporate Learning / Training Market
1.5.4.Deployment of Global Corporate Learning / Training Market
1.5.5.Participant Designation of Global Corporate Learning / Training Market
1.5.6.Technology of Global Corporate Learning / Training Market
1.5.7.Industry Vertical of Global Corporate Learning / Training Market
1.5.8.Key Regions of Global Corporate Learning / Training Market
2.Global Corporate Learning / Training Market – Executive Summary
2.1.Global Corporate Learning / Training Market – Summary & Snapshot
2.2.Global Corporate Learning / Training Market, By Training Course (US$ Million)
2.3.Global Corporate Learning / Training Market, By Training Type (US$ Million)
2.4.Global Corporate Learning / Training Market, By Training Method (US$ Million)
2.5.Global Corporate Learning / Training Market, By Deployment (US$ Million)
2.6.Global Corporate Learning / Training Market, By Participant Designation (US$ Million)
2.7.Global Corporate Learning / Training Market, By Technology (US$ Million)
2.8.Global Corporate Learning / Training Market, By Industry Vertical (US$ Million)
2.9.Global Corporate Learning / Training Market, By Geography (US$ Million)
2.10.Global Corporate Learning / Training Market Outlook & Future Opportunities
3.Corporate Learning / Training Market Trends, Outlook, and Factors Analysis
3.1.Global Corporate Learning / Training Market Industry Development Trends under COVID-19 Outbreak
3.1.1.Global COVID-19 Status Overview
3.1.2.Influence of COVID-19 Outbreak on Global Corporate Learning / Training Market Industry Development
3.1.3.Pre & Post COVID-19 Trends and Scenarios
3.2.Corporate Learning / Training Market Dynamics (Growth Impacting Factors & Rationales)
3.2.1.Drivers
3.2.1.1.Increasing penetration of digital media and devices is anticipated to drive the market
3.2.1.2.Reduction of training cost and time. is expected to grow the market
3.2.2.Restraints
3.2.2.1.Intrinsic freedom hampers market growth.
3.2.3.Opportunities
3.2.3.1.Surge in use of AI and machine learning in Corporate Learning / Training offers immense market expansion opportunities
3.2.4.Impact Analysis of Drivers and Restraints
3.3.Ecosystem/ Value Chain Analysis
3.4.Porter’s Five Forces Analysis
3.5.SWOT Analysis
3.6.PEST Analysis
3.7.Average Selling Prices and Pricing Trends Analysis of Corporate Learning / Training Market
3.8.Technological Roadmap
3.9.Key Investment Pockets of Corporate Learning / Training Market
3.9.1.By Training Course
3.9.2.By Training Type
3.9.3.By Training Method
3.9.4.By Deployment
3.9.5.By Participant Designation
3.9.6.By Technology
3.9.7.By Industry Vertical
3.9.8.By Regions
4.Global Corporate Learning / Training Market: Estimates & Historic Trend Analysis (2018 to 2021)
4.1.Global Corporate Learning / Training Market, 2018 – 2021 (US$ Million)
4.2.Global Corporate Learning / Training Market, By Training Course, 2018 to 2021 (US$ Million)
4.3.Global Corporate Learning / Training Market, By Training Type, 2018 to 2021 (US$ Million)
4.4.Global Corporate Learning / Training Market, By Training Method, 2018 to 2021 (US$ Million)
4.5.Global Corporate Learning / Training Market, By Deployment, 2018 to 2021 (US$ Million)
4.6.Global Corporate Learning / Training Market, By Participant Designation, 2018 to 2021 (US$ Million)
4.7.Global Corporate Learning / Training Market, By Technology, 2018 to 2021 (US$ Million)
4.8.Global Corporate Learning / Training Market, By Industry Vertical, 2018 to 2021 (US$ Million)
4.9.Global Corporate Learning / Training Market, By Region, 2018 to 2021 (US$ Million)
5.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Training Course
5.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Training Course, 2022 & 2031
5.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Training Course, 2022 to 2031
5.2.1.Technical Skills
5.2.2.Soft Skills
5.2.3.Compliance
5.2.4.Safety Training
5.2.5.Product and Services Training
5.2.6.Others
6.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Training Type
6.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Training Type, 2022 & 2031
6.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Training Type, 2022 to 2031
6.2.1.Short-term Professional Courses
6.2.2.Micro-Learnings
6.2.3.Professional Qualifications
6.2.4.Unbundled Degrees
6.2.5.Others
7.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Training Method
7.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Training Method, 2022 & 2031
7.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Training Method, 2022 to 2031
7.2.1.Instructor Led
7.2.2.Online
7.2.3.Blended
8.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Deployment
8.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Deployment, 2022 & 2031
8.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Deployment, 2022 to 2031
8.2.1.On-premise
8.2.2.Cloud
9.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Participant Designation
9.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Participant Designation, 2022 & 2031
9.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Participant Designation, 2022 to 2031
9.2.1.Junior / Entry Level
9.2.2.Mid-level
9.2.3.Senior-Level & Executives
10.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Technology
10.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Technology, 2022 & 2031
10.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Technology, 2022 to 2031
10.2.1.Learning Content Management System
10.2.2.Rapid Web-based
10.2.3.Application Simulation Tool
10.2.4.Virtual Classrooms
10.2.5.Podcasts
10.2.6.Others
11.Global Corporate Learning / Training Market Estimates & Forecast Trend Analysis, by Industry Vertical
11.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Industry Vertical, 2022 & 2031
11.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Industry Vertical, 2022 to 2031
11.2.1.Healthcare
11.2.2.IT & Technology
11.2.3.Others
12.Global Corporate Learning / Training Market Analysis and Forecast, by Region
12.1.Global Corporate Learning / Training Market Share (%) Estimates and Forecasts, by Region, 2022 & 2031
12.2.Global Corporate Learning / Training Market Revenue (US$ Million) Estimates and Forecasts, by Region, 2022 to 2031
12.2.1.North America
12.2.2.Europe
12.2.3.Asia Pacific
12.2.4.Middle East and Africa
12.2.5.Latin America
13.North America Corporate Learning / Training Market: Estimates & Forecast Trend Analysis
13.1.North America Corporate Learning / Training Market Assessments & Key Findings
13.2.North America Corporate Learning / Training Market Share (%) Estimates and Forecasts, 2022 & 2031
13.3.North America Corporate Learning / Training Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
13.3.1.By Training Course
13.3.2.By Training Type
13.3.3.By Training Method
13.3.4.By Deployment
13.3.5.By Participant Designation
13.3.6.By Technology
13.3.7.By Industry Vertical
13.3.8.By Major Country
13.3.8.1.The U.S.
13.3.8.2.Canada
14.Europe Corporate Learning / Training Market: Estimates & Forecast Trend Analysis
14.1.Europe Corporate Learning / Training Market Assessments & Key Findings
14.2.Europe Corporate Learning / Training Market Share (%) Estimates and Forecasts, 2022 & 2031
14.3.Europe Corporate Learning / Training Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
14.3.1.By Training Course
14.3.2.By Training Type
14.3.3.By Training Method
14.3.4.By Deployment
14.3.5.By Participant Designation
14.3.6.By Technology
14.3.7.By Industry Vertical
14.3.8.By Major Country
14.3.8.1.Germany
14.3.8.2.The U.K.
14.3.8.3.France
14.3.8.4.Italy
14.3.8.5.Spain
14.3.8.6.Rest of Europe (includes all other European countries)
15.Asia Pacific Corporate Learning / Training Market: Estimates & Forecast Trend Analysis
15.1.Asia Pacific Corporate Learning / Training Market Assessments & Key Findings
15.2.Asia Pacific Corporate Learning / Training Market Share (%) Estimates and Forecasts, 2022 & 2031
15.3.Asia Pacific Corporate Learning / Training Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
15.3.1.By Training Course
15.3.2.By Training Type
15.3.3.By Training Method
15.3.4.By Deployment
15.3.5.By Participant Designation
15.3.6.By Technology
15.3.7.By Industry Vertical
15.3.8.By Major Country
15.3.8.1.China
15.3.8.2.Japan
15.3.8.3.India
15.3.8.4.ASEAN
15.3.8.5.South Korea
15.3.8.6.Rest of Asia Pacific (includes all other Asia Pacific countries)
16.Middle East & Africa Corporate Learning / Training Market: Estimates & Forecast Trend Analysis
16.1.Middle East & Africa Corporate Learning / Training Market Assessments & Key Findings
16.2.Middle East & Africa Corporate Learning / Training Market Share (%) Estimates and Forecasts, 2022 & 2031
16.3.Middle East & Africa Corporate Learning / Training Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
16.3.1.By Training Course
16.3.2.By Training Type
16.3.3.By Training Method
16.3.4.By Deployment
16.3.5.By Participant Designation
16.3.6.By Technology
16.3.7.By Industry Vertical
16.3.8.By Major Country
16.3.8.1.GCC
16.3.8.2.South Africa
16.3.8.3.Egypt
16.3.8.4.Rest of Middle East & Africa (includes all other Middle East & Africa countries)
17.Latin America Corporate Learning / Training Market: Estimates & Forecast Trend Analysis
17.1.Latin America Market Assessments & Key Findings
17.2.Latin America Corporate Learning / Training Market Share (%) Estimates and Forecasts, 2022 & 2031
17.3.Latin America Corporate Learning / Training Market Size Estimates and Forecast (US$ Million) (2022 to 2031)
17.3.1.By Training Course
17.3.2.By Training Type
17.3.3.By Training Method
17.3.4.By Deployment
17.3.5.By Participant Designation
17.3.6.By Technology
17.3.7.By Industry Vertical
17.3.8.By Major Country
17.3.8.1.Brazil
17.3.8.2.Mexico
17.3.8.3.Rest of Latin America (includes all other Latin America countries)
18.Competitive Landscape
18.1.Corporate Learning / Training Market Revenue Share Analysis (%), by Major Players (2021)
18.2.Corporate Learning / Training Market Competition Matrix, by Leading Players
18.3.Corporate Learning / Training List of Emerging, Prominent and Leading Players
18.4.Major Mergers & Acquisitions, Partnership, Joint Venture, Expansions, Deals, Recent Developments, etc.
19.Company Profiles
19.1.SAP SE
19.1.1.Company Overview & Insights
19.1.2.Financial Performance
19.1.3.Product / Service Portfolio
19.1.4.Geographical Footprint & Share
19.1.5.Strategic Initiatives & Key Developments
*Similar details would be provided for all the players mentioned below
19.2.Adobe Inc
19.3.Automatic Data Processing, Inc
19.4.Adrenna, Inc
19.5.Articulate
19.6.Blatant Media Corporation
19.7.Cerner Corporation
19.8.Infor (CERTPOINT)
19.9.City & Guilds Group
19.10.CommLab India
19.11.Coursera, Inc
19.12.D2L Inc.
19.13.Designing Digitally, Inc
19.14.EI Design Pvt Ltd
19.15.Elsevier
19.16.G-Cube eLearning Solutions.
19.17.GBS Corporate Training
19.18.GE Healthcare
19.19.24/7 TEACH
19.20.GeoMetrix Data Systems Inc.
19.21.GP Strategies Corporation
19.22.HealthcareSource
19.23.HealthStream
19.24.International Business Machines Corporation
19.25.Infopro Learning Inc.
19.26.Infor
19.27.Koninklijke Philips NV
19.28.PeopleFluent
19.29.NIIT Ltd
19.30.Oracle Corporation
19.31.Siemens Healthineers
19.32.Skillsoft Ltd.
19.33.Tesseract Learning Pvt. Ltd
19.34.Trivantis Corporation
19.35.Others
20.Assumptions and Research Methodology
20.1.Data Mining
20.2.Secondary Research
20.3.Primary Research
20.4.Subject Matter Expert Advice
20.5.Quality Check
20.6.Final Review
20.7.Data Triangulation
20.8.Bottom-Up Approach
20.9.Top Down Approach
20.10.Research Flow
20.11.Key Insights from Industry Experts
20.12.Data Sources
20.13.Assumptions
20.14.Limitations
21.Conclusions and Recommendations
21.1.Key Research Findings and Conclusion
21.2.Key Insights & Recommendations from Analysts”
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