NEW YORK, August 30, 2022 /PRNewswire/ — The CORPORATE MANAGEMENT TRAINING MARKET the value is expected to grow by $18.59 billion, growing at a CAGR of 9.51% from 2021 to 2026, according to Technavio’s latest report. The annual growth rate in 2022 is estimated at 7.87%. The emergence of gamification in corporate training is one of the major trends in the corporate leadership training market that is expected to positively impact the industry over the forecast period. However, intense competition among vendors may hamper the growth of the market.
On-the-job training includes both technical and non-technical training. Business leadership training falls under the category of soft skills training. This training is primarily given to mid-level and senior employees to enable them to push the limits of their abilities, maximize their effectiveness as leaders, and equip them to contribute more to their role and their organization. Corporate leadership training can be in-house, which involves sessions led by managers or mid-level or senior professionals for newcomers or other entry-level professionals. In outsourced corporate leadership training, external training providers work with the management of organizations to provide a learning platform and content, either in the workplace or at a training institution. Corporate leadership training also includes training existing employees to take on leadership roles in the future.
Technavio categorizes the global corporate leadership training market as part of the global education services market. The parent market, the global educational services market, covers products, services and solutions offered to educational institutions, businesses, students, parents, individuals and teachers. Technavio calculates the size of the global education services market based on the combined revenues generated by manufacturers/vendors of equipment, software, educational materials, solutions and services. The following factors are expected to drive the growth of the global education services market:
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Growing Importance of Science, Technology, Engineering and Mathematics (STEM) Education
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Increase offers from ed-tech companies
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Increase in online education enrollment
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Increase in registrations in the K12 segment
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Increased focus on mobile learning
Browse the summary of the CORPORATE MANAGEMENT TRAINING MARKET Research report to learn more
The Corporate Leadership Training Market report also offers insights on several market vendors including Allen Communication Learning Services, Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., D2L Corp., Development Dimensions International Inc., Franklin Covey Co., Future London Accademy Ltd., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd., Skillsoft Ltd. and Wilson Learning Worldwide Inc., among others. The corporate leadership training market is fragmented and vendors are deploying growth strategies such as technological and product innovation to compete in the market.
Corporate Leadership Training Market 2022-2026: Segmentation
Corporate Leadership Training Market 2022-2026: Scope
Technavio presents a detailed picture of the market through study, synthesis and summation of data from multiple sources. The report covers the following areas:
Corporate Leadership Training Market 2022-2026: Key Highlights
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Market CAGR over the forecast period 2022-2026
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Detailed information on the factors that will contribute to the growth of the corporate leadership training market over the next five years
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Estimation of the corporate leadership training market size and its contribution to the parent market
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Predictions on upcoming trends and changes in consumer behavior
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The growth of the corporate leadership training market
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Market Competitive Landscape Analysis and Detailed Vendor Information
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Comprehensive details of factors that will challenge the growth of the Corporate Leadership Training Market vendors
Related reports:
Browse the summary of the CORPORATE TRAINING MARKET Report by Growth, Size, Trends, Type, Application, Region and Segment Forecast 2022-2026: The market value is expected to increase by $46.22 billion, growing at a CAGR of 8.77% from 2021 to 2026, according to Technavio’s latest report. Additionally, this report covers in detail the Corporate Training Market segmentation by Product (Technical Training and Non-Technical Training) and Geography (North America, EuropeACPA, South Americaand Middle East and Africa).
Browse the summary of the CORPORATE COMPLIANCE TRAINING MARKET Report by Growth, Size, Trends, Type, Application, Region and Segment Forecast 2021-2025: The market value is expected to increase by $2.42 billion, growing at a CAGR of 7.24% from 2020 to 2025, according to Technavio’s latest report. The Corporate Compliance Training Market report also offers insights on several vendors in the market including Blackboard Inc., City & Guilds Group, CrossKnowledge, and others.
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Scope of the corporate leadership training market |
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Report cover |
Details |
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Page number |
120 |
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base year |
2021 |
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Forecast period |
2022-2026 |
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Growth momentum and CAGR |
Accelerate at a CAGR of 9.51% |
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Market Growth 2022-2026 |
$18.59 billion |
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Market structure |
Fragmented |
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Annual growth (%) |
7.87 |
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Regional analysis |
North America, Europe, APAC, South America, Middle East and Africa |
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Successful market contribution |
North America at 41% |
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Main consumer countries |
USA, Canada, India, UK and Germany |
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Competitive landscape |
Leading companies, competitive strategies, scope of consumer engagement |
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Profiled companies |
D2L Corp., Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., Development Dimensions International Inc., Allen Communication Learning Services, Franklin Covey Co., Future London Accademy Ltd ., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn Ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd., Skillsoft Ltd. and Wilson Learning Worldwide Inc. |
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Market dynamics |
Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID 19 and future consumer dynamics, and analysis of market conditions for the forecast period. |
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Customization overview |
If our report does not include the data you are looking for, you can contact our analysts and customize the segments. |
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Contents:
1. Summary
2 Market landscape
3 Market sizing
4 Five forces analysis
5 Market Segmentation by Application
6 Customer Landscape
7 Geographic landscape
8 drivers, challenges and trends
9 Supplier landscape
10 Vendor Analysis
11 Appendix
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The global education services market is at a crossroads with the positive impact of technological advancements such as online education, the implementation of augmented reality and virtual reality in teaching methods and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are negatively impacting the growth of the market. The combined impact of these factors will lead to strong growth in the global education services market.
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Education: Includes technical education, language learning, test prep services, tutoring services, makerspaces, skills training, and distance learning courses and certifications
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Focus on mobile learning: The growing use of smartphones is encouraging educational service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Hence, users can schedule and complete the course/training as per their convenience. Mobile learning is also a personalized learning experience, as users can take training according to their needs.
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Digital literacy rate: Educational hardware and software have not been produced in parallel with the availability of qualified personnel in educational institutions. Institutions struggle to integrate technology into business processes. This is due to the inability of faculty and administrators to understand applications and optimal usage. The deployment of these applications by colleges and universities alone is not enough.
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