DUBLIN--(BUSINESS WIRE)--The "Global Corporate Training Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global corporate training market is to grow at a CAGR of 9.79% during the period 2018-2022.
The report has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major drivers for this market is the emergence of cost-effective e-learning training modules. Corporate training is one of the key expenses of any organization. The overall productivity of any company depends significantly on how well new hires are being trained and existing employees are upgrading their skills. Therefore, organizations are increasingly adopting innovative and cost-effective ways to train their employees. Costs associated with traditional training in a brick-and-mortar setup, which includes traveling expenses, employee and trainer time, and facility charges, are considerably high. In addition, costs associated with printing instruction materials and assessment papers are higher compared with just making them available online and giving employees access to the Internet and digital content.
The latest trend gaining momentum in the market is the emergence of IoT and wearable devices. Wearable devices or apps are emerging as the most convenient and time-saving solutions, from logging the attendance of trainees to monitoring their performances in an Internet-enabled room. Smart glasses such as Google Glass and smartwatches such as the Apple Watch are rapidly gaining popularity among audiences and corporate trainers to create interactive and immersive learning experiences. Further, the report states that one of the major factors hindering the growth of this market is budgetary concerns.
Key Vendors
- City & Guilds Group
- D2L
- GP Strategies
- NIIT
- Skillsoft
- Wilson Learning Worldwide
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Sizing
Part 07: Five Forces Analysis
Part 08: Market Segmentation by Product
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers and Challenges
Part 13: Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/r26lnh/global_corporate?w=4
