Future of US Corporate Training Market: Ken Research

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US Corporate Training Market consists of a wide range of activities with an objective of professional development of employees in organizations by enhancing their competence and technical and non-technical skill sets. Corporate training may be a method to enhance the talents, work performance, and morale of an employee. Every company uses different training methods for the event of its employees. It helps both employees also as companies. It makes employees improve their skills and help the corporate with recruiting a skillful employee. Corporate training helps in advancing the talents like communications, negotiation skills, and technical skills.

Corporate training comprises of learning led by use of videos, collaborative tools, certification courses and other blended learning options that enabling the workforce designed to learn and implement the required skills in a very short time. Moreover, corporate training is said to be an integral part of an organization’s budget. One of the key objectives of corporate training is based on the designed for reducing both technical and non-technical capability gaps, as well as grooming the eligible employees to grow as per the company hierarchy. The intensified competition in the corporate the sector has further pushed the organizations to indulge over the business diversification over different geographies, increased demand for the proper training and development of the workforce have now presented a significant opportunity designed for providing the training solution providers for expanding their businesses by offering various products and services structured for enhancing corporate training.

usa-corporate-training-market

Based on corporate training type, the two key segments include Internal (In-House) and External (outsourcing, contractual etc.). Based on the function type, the market is further segmented into technical courses and non-technical courses. Based on the method, the corporate training market can be segmented into blended learning, online & offline learning. Moreover, based on the end-user, the market is further segmented into manufacturing, BFSI, and others

Some of the key factors designed for adoption of the analytical and video-based, simulation-based, and game-based elements in the technical & foundation courses are expected to design and develop a significant role in the technical courses for maintaining the market position. Also, the global corporate training market in the US designed based on factors such as the increasing prominence of workplace training, increased emphasis on flexible learning platforms, and a rising emphasis on personalized corporate training. However, the ever-increasing prominence of corporate learning, and high the initial cost involved or the implementation of the corporate training programs, and poor completion rates associated with corporate e-learning courses may impact the growth of the corporate training market in the US.

The rising diversity in the learning requirements at the workplace has further compelled the corporate training market in the US with high flexibility in learning platforms. The companies have increasingly supported the mobility among employees and enabling to work from outside office premises. Moreover, corporate training services in the US are now been increasingly focusing on mobility, flexibility, and cross-device compatibility in terms of content delivery. Supported by vendors that offer digital learning platforms and enabling the employers to access & provide the curated training content for the employees.

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

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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