Corporate training is also known as corporate education, it is a professional development activity designed to provide education to employees for improving the knowledge & skills associated. Moreover, the increase in digitalization, and penetration of e-learning, and the emergence of using cost-effective training modules further boosting the growth of online corporate training activities over the forecast period. The substantial rise in the number of organizations globally. The corporate and other large organizations that aim to expand geographical presence have significantly triggered the growth of the US corporate training market.
Every organization follows different processes and training methods specifically designed for the development of their employees. This helps employees and making employees improvise their skills and company recruiting a qualified and skilled employee. The corporate training programs aids in advancing the skills associated with communications, negotiation skills, and technical skills.
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Companies: GP Strategies, Learning Tree International, Franklin Covey, Centre for Creative Leadership, NIIT, Udemy, Global Knowledge, Simplilearn, Pluralsight, Skillsoft, Coursera, Udacity. Some of the companies have now collaborated with some of the keys training centers that assist in finding the best asset for their company. The corporate training organizations further stated using their methods associated with interactive video-based learning, virtual based training designed for engaging employees, and helping them to learn new concepts in depth.
The global corporate training market can be analyzed based on type, method, and end-user. Based on type, the market is further segmented to technical training, non-technical training. Based on the method, the market is further segmented into online learning, offline learning, and blended learning. Based on the end-user, the market is segmented into BFSI, IT and telecom, manufacturing, government, healthcare, and others.
The corporate training aims to improve the employee’s performance, skills, knowledge, morale, concentrating on professional development features. Further, several organizations have further implemented the different corporate training programs for addressing the specific needs, promoting new working practices, and standards that anticipate the growth of the corporate training market. The constantly evolving technology and increase in business need further assisted by the regular training programs over the employees to learn the latest developments specific to influence the ever growth of the corporate training market.
Organizations are further increasingly encouraging the implementation of new well-structured micro-learning in the customized training programs and services for ensuring effective learning engagement. Corporate training offers contextual, real-time content in the form of videos and other multimedia enabling the employees to enter at their own pace. There are several other factors that fuel the popularity of learning in corporate training. The compatibility of learning modules across the multiple platforms and the digital networks further enables the improved knowledge sharing & peer connectivity over employees. The rise in popularity of learning is expected to aid the adoption of corporate training programs and services in the US during the forecast period.
The US is a major revenue contributor to the corporate training market over the forecast period. The presence of the robust and advanced infrastructure with the substantially increased realization of corporate training to retain and engage employees in large multinational corporations (MNCs) is expected to drive the growth of the corporate training market.
Key Segments Covered: –
By End User Industry
BFSI
IT and Telecom
Healthcare
Automotive
Manufacturing
By Training Services
Technical
Leadership
Managerial
Sales
Customer Support
By Delivery Mode
Classroom Training
Blended Training
Virtual Training
Online Training (No Instructor)
By Organizational Size
Large Companies (+1000 Employees)
Medium Companies (500-1000 Employees)
Small Companies (0-500 Employees)
By Designation
Managerial
Non-Managerial
Integrated
By Deployment
On-Site
Off-Site
By Training Type
Customized
Open
Companies Covered:
GP Strategies
Franklin Covey
NIIT
Learning Tree International
Global Knowledge
Pluralsight
Centre for Creative Leadership
Skillsoft
Udemy
Udacity
Coursera
Simplilearn
Key Target Audience
Corporate Training Companies
Education Platforms
Corporate Training Aggregators
Corporate Organizations
Management Consultants
Corporate Trainers
MHRD
Education Associations
Time Period Captured in the Report: –
Historical Period: 2014–2019
Forecast Period: 2020-2025
Key Topics Covered in the Report: –
US Employee Training Industry
US Ed-Tech Market Growth
US Corporate E-Learning Industry
US Corporate Training End- User Industry
Training industry in the U.S
Corporate Training Companies in U.S
Education Platforms in the USA
Managed Employee Training Services US
US Corporate Training in IT Industry
USA Employee Education Market
Franklin Covey Enterprise Training Market Size
Udemy Enterprise Training Market Analysis
Corporate Training in America
US Corporate Training Market Major Players
US Corporate Training Market Outlook
USA Corporate Training Market
For More Information on the Research Report, refer to below links: –
US Corporate Training Industry Growth
Related Reports by Ken Research: –
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Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
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