Latest News- Corporate Training Market: Technical training is expected to lead the Product segment during 2025-2029
The Corporate Training Market is being driven by Emergence of cost-effective e-learning training modules
The Corporate Training Market is expected to grow at a CAGR of 7.8% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 43859.4 million. In the corporate training sector, the integration of Internet of Things (IoT) and wearable devices has gained significant momentum. These technologies have become essential components of digital learning solutions, streamlining processes from trainee attendance tracking to performance monitoring in connected training environments. Wearables, such as Google Glass and the Apple Watch, are increasingly popular due to their convenience and time-saving capabilities. When combined with advanced educational technologies like augmented reality (AR) and virtual reality (VR), wearables offer immense potential for creating precise, multidimensional simulations for corporate learning and development initiatives.
Get more information on Corporate Training Market by requesting a sample report
Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Product (Technical training, Non-technical training) Type (Blended, E-learning) Geography (North America, Europe, APAC, South America, Middle East and Africa).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
Rich Experience: 20+ years leading global market research, trusted insights across industries.
Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.
Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.
Key Features in Corporate Training Market Research Report
Find out which segment is leading the market by accessing the free PDF report
In today's knowledge-based economy, the corporate training market is thriving as companies invest in upskilling and reskilling their employees to meet business goals. Remote work and diversity initiatives have increased the need for flexible learning solutions, such as virtual training methods and learning management systems. Soft skills, technical training, and workplace learning are essential for performance and retention. Industries like Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology are major consumers. Learning activities include e-learning on mobile devices, and continuous development is key to staying competitive.
In the corporate training market, firms focus on upskilling and reskilling employees to enhance talent development. Remote work has become a significant trend, necessitating innovative workplace learning solutions. Soft skills training is a priority to foster effective communication and collaboration. Diversity initiatives are crucial for an inclusive work environment. Pitching and profiling operations in corporate training ensure a deep understanding of clients' business needs, proposing tailored solutions. Efficient resourcing and communication operations streamline workflows, optimizing resources and enhancing client engagement. Project management, resource planning, and effective communication are key activities that increase the perceived value and client satisfaction.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Safe and Secure SSL Encrypted
One user only.
Quick & easy download option
Unlimited user access (Within your organization).
Complimentary Customization Included
*For Enterprise license, go to checkout page
Get the report (PDF) sent to your email within minutes.
