The U.S. corporate training market has experienced significant growth in recent years due to the requirement for competitiveness and also due to adaption of changing technology and societal demands. Businesses are realizing the significance of investing in employees and equipping them with the essential skills and knowledge. Comprehensive training programs covering various topics such as technical skills, soft skills, and quality assurance, are essential for companies to ensure workforce remains up-to-date.
High-quality training is crucial across industries to ensure products and services meet required standards and employees are proficient in necessary procedures. Moreover, staying updated on the latest quality and safety regulations is vital for companies to maintain compliance standards.
By Training Program
The Technical Training segment dominated the market in 2019, and is also anticipated to be lucrative during the forecast period.
As a result of complexity in technology and system operations, proper training is necessary to ensure employees can effectively use and understand the relevant systems and technologies. Information technology plays a critical role in many businesses, particularly in the IT and industrial sectors and training in this field should cover cyber security, cloud computing, and programming languages to ensure employees are knowledgeable about the essential technologies. The U.S. corporate training market has grown significantly as companies recognize the importance of investing in skill development of employees, compliances, and technological proficiency.
By Industries
By Industries, the Others Industries segment held the major share of the market in 2019.
The US corporate training market segment is categorized on the basis of training method, training program, and industry. 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.
The key players operating in the corporate training market focus on prominent strategies to overcome competition and maintain as well as improve their share worldwide. Some of the players in the US corporate training industry analyzed in this report include Skillsoft, FranklinCovey, Dale Carnegie Training, The Ken Blanchard Companies, American Management Association (AMA), Wilson Learning, Interaction Associates, Global Knowledge, BTS, and AchieveForum.
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 u.s. corporate training market.
- Assess and rank the top factors that are expected to affect the growth of u.s. corporate training market.
- Top Player positioning provides a clear understanding of the present position of market players.
- Detailed analysis of the u.s. corporate training market segmentation assists to determine the prevailing market opportunities.
- Identify key investment pockets for various offerings in the market.
U.S. Corporate training Market Report Highlights
Aspects | Details |
Forecast period | 2019 - 2030 |
Report Pages | 77 |
By Training Program |
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By Industries |
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Key Market Players | CrossKnowledge, Lynda.com, Skillsoft, Kaplan Professional, Microsoft e-Learning, Franklin Covey, Cornerstone OnDemand, GP Strategies, BizLibrary, MediaPro |
The U.S. Corporate training Market is projected to grow at a CAGR of 6.35% from 2019 to 2030
Some of the players in the US corporate training industry analyzed in this report include Skillsoft, FranklinCovey, Dale Carnegie Training, The Ken Blanchard Companies, American Management Association (AMA), Wilson Learning, Interaction Associates, Global Knowledge, BTS, and AchieveForum.
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 u.s. corporate training market.
3. Assess and rank the top factors that are expected to affect the growth of u.s. corporate training market.
4. Top Player positioning provides a clear understanding of the present position of market players.
5. Detailed analysis of the u.s. corporate training market segmentation assists to determine the prevailing market opportunities.
6. Identify key investment pockets for various offerings in the market.
U.S. Corporate training Market is classified as by training program, by industries
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