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Rise in Demand of Corporate Training & Learning to Drive US Corporate Training Market over the Forecast Period: Ken Research

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.US Corporate Training Industry

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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: –

India Corporate Training Market Outlook to 2025 driven by Introduction of Experimental Training, Greater Use of Artificial Intelligence and Increase in Government Initiatives to Boost Training

India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future

Australia Executive Education Market Outlook to 2024 –Driven by Rising Popularity of Online Education and Launch of Innovative Programs

Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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