Corporate Training Global Market Share 2015-2019

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Corporate training is an integral part of a successful organization's discretionary budget. The primary objective of corporate training is to reduce the capability gaps, both technical and non-technical, followed by grooming eligible employees to move up a company's hierarchy. Increase in amount of trade and business has intensified competition and pushed organizations for business diversification regionally and internationally. This kind of expansion necessitated the need for proper training and development of workforce. Hence, it presents opportunity for the training solution providers to offer products and services related to training. The scope for training is widening with the adoption of such products by SMBs along with large organizations. Traditionally, training programs were designed only for the IT sector, but now the scenario is changing and other sectors have started adopting training programs for employees. Also, training programs are finding applications in managerial and leadership development, which is expected to further expand the market.

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Global Corporate Training market to grow at a CAGR of 8.77 percent over the period 2014-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the Global Corporate Training market during the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of training products and related services for a fee or subscription. Also, the report considers training programs offered via online and offline mediums to calculate the market size. However, the market size does not take into account the internal costs incurred by companies operating in this market for training their employees. As such, only...