The corporate training market in Canada has experienced significant growth owing to the increasing demand for skilled workforce across various sectors and the need to enhance corporate performance. The drivers of the corporate training market in Canada include the adoption of advanced technologies, the necessity for continuous re-training to keep employees updated in a dynamic corporate environment, the importance of encouraging a culture of training and development within companies, and the increasing trend of customized learning and development.
Although, there are challenges that restrain the market growth, such as limited access to skilled trainers and resources, high costs associated with skilled trainers and related services, employee uneasiness toward new training programs owing to unfamiliarity with technology, and a lack of employee awareness about the welfare of corporate training. The rising demand for online corporate training solutions is driven by their cost-effectiveness and convenience which presents a lucrative opportunity in the Canadian market. Moreover, to capitalize on the opportunities in Canadian corporate training market, industry key players are focusing on integrating various learning services like e-learning, digital classrooms, and mobile learning into their programs. Bulk discounts and flexible payment options are also being emphasized to attract customers and increase market share.
By Training Program
The Technical Training segment held the major revenue share in 2019 and is expected to grow with the highest CAGR during the forecast period.
Canada corporate training market segment is categorized on the basis of training method, training program, industry, and region. By training method, the corporate training market is classified into virtual and face-to-face. By training program, it is divided into technical training, soft skills training, quality training, compliance training and others. By industry, it is segmented into FMCG/retail, pharmaceutical and healthcare, financial services, professional services, public enterprises, information technology, and other industries.
By Industries
The Others Industries segment is anticipated to grow at a fastest CAGR during the forecast period.
Some of the major players in Canada corporate training industry analyzed in this report include D2L, Workplace Safety Group, Skillsoft, Training Orchestra, Innovative Learning Group, Kepner-Tregoe, ASTD Canada, Hands-On Learning Inc., Training and Development Canada, Ideal Networks Inc
Key Benefits For Stakeholders
- Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
- Analyze the key strategies adopted by major market players in canada corporate training market.
- Assess and rank the top factors that are expected to affect the growth of canada corporate training market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the canada corporate training market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
Canada Corporate training Market Report Highlights
| Aspects | Details |
 Forecast period | 2019 - 2030 |
 Report Pages | 81 |
 By Training Program |
|
 By Industries |
|
 Key Market Players | Kepner-Tregoe, Skillsoft, Innovative Learning Group, Training and Development Canada, D2L, Ideal Networks Inc., Hands-On Learning Inc., ASTD Canada, Training Orchestra, Workplace Safety Group |
The Canada Corporate training Market is projected to grow at a CAGR of 8.28% from 2019 to 2030
D2L, Workplace Safety Group, Skillsoft, Training Orchestra, Innovative Learning Group, Kepner-Tregoe, ASTD Canada, Hands-On Learning Inc., Training and Development Canada, Ideal Networks Inc. are the leading players in Canada Corporate training Market
1. Enable informed decision-making process and offer market analysis based on current market situation and estimated future trends.
2. Analyze the key strategies adopted by major market players in canada corporate training market.
3. Assess and rank the top factors that are expected to affect the growth of canada corporate training market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the canada corporate training market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
Canada Corporate training Market is classified as by training program, by industries
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