Corporate Leadership Training Market Value is Set to Grow by USD 18.59 Billion, Progressing at a CAGR of 9.51% from 2021 to 2026
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- The Y-O-Y growth rate of 2022 for the CORPORATE LEADERSHIP TRAINING MARKET is estimated at 7.87%. The corporate leadership training market report offers information on several market vendors, including Allen Communication Learning Services, Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., D2L Corp., Development Dimensions International Inc., Franklin Covey Co., Future London Accademy Ltd., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn Ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc. among others. Moreover, market is fragmented, and the vendors are deploying growth strategies such as technological and product innovation to compete in the market.
Browse summary of the research report to visualize CORPORATE LEADERSHIP TRAINING MARKET using Technavio intelligence
Corporate Leadership Training Market 2022-2026: Increased Spending on Corporate Leadership Training to Drive Growth
Organizations are increasingly spending on leadership training year-over-year, as it is more cost-effective for a company to fill senior positions from within its hierarchy than hire an external resource.
Organizations have started to invest in leadership training for their own employees to groom them as leaders.
To increase the agility of the company to cope with the rapidly changing business environment, organizations are required to train their employees.
Companies with strategic leadership development programs can respond rapidly when faced with an unpredictable business environment.
Sophisticated leadership training programs also help in the development of a rich pipeline of talent, which accounts for increased spending on corporate leadership training among organizations.
Corporate Leadership Training Market 2022-2026: Intense Competition Among Vendors to Challenge the Growth
The market witness's intense competition, with relatively easy entry of new vendors.
The vendors regularly introduce new programs and services to have a competitive edge in the market and render the existing programs and services obsolete.
The entry barriers to the market are not very strict, therefore, there is a possibility for many small and regional players to enter the market. But these small vendors face the challenge of effective implementation of training programs.
With e-learning being an emerging trend, infrastructure and technical expertise are mandatory for the effective implementation of online training programs.
The intense competition may hamper the revenue and market growth in the coming years.
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Corporate Leadership Training Market 2022-2026: Segmentation
Application
The corporate leadership training market share growth in the online training segment will be significant during the forecast period. The multiple benefits of online training will be fueling the growth of the global corporate leadership market in the forecast years. Some of them are flexibility in training services, low-cost training, and training with increased access to experts.
Geography
41% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for corporate leadership training in North America. Market growth in this region will be faster than the growth of the market in South America, Europe, and MEA. The significant increase in spending by MNCs on leadership training programs will facilitate the corporate leadership training market growth in North America over the forecast period.
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Corporate Leadership Training Market 2022-2026: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our report covers the following areas:
Corporate Leadership Training Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist corporate leadership training market growth during the next five years
Estimation of the corporate leadership training market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the corporate leadership training market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of corporate leadership training market vendors
Corporate Leadership Training Market 2022-2026: Related Reports
Browse Summary of the CORPORATE TRAINING MARKET Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The market value is set to grow by USD 46.22 billion, progressing at a CAGR of 8.77% from 2021 to 2026, as per the latest report by Technavio. Furthermore, this report extensively covers corporate training market segmentation by product (technical training and non-technical training) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
Browse Summary of the CORPORATE COMPLIANCE TRAINING MARKET Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025: The market value is set to grow by USD 2.42 billion, progressing at a CAGR of 7.24% from 2020 to 2025, as per the latest report by Technavio. The corporate compliance training market report also offers information on several market vendors, including Blackboard Inc., City & Guilds Group, CrossKnowledge, and more.
Corporate Leadership Training Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2021 |
Forecast period | 2022-2026 |
Growth momentum & CAGR | Accelerate at a CAGR of 9.51% |
Market growth 2022-2026 | $ 18.59 billion |
Market structure | Fragmented |
YoY growth (%) | 7.87 |
Regional analysis | North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution | North America at 41% |
Key consumer countries | US, Canada, India, UK, and Germany |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | D2L Corp., Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., Development Dimensions International Inc., Allen Communication Learning Services, Franklin Covey Co., Future London Accademy Ltd., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn Ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization preview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of Contents:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Application
5.1 Market segments
5.2 Comparison by Application
5.3 Online training - Market size and forecast 2021-2026
5.4 ILT - Market size and forecast 2021-2026
5.5 Blended training - Market size and forecast 2021-2026
5.6 Market opportunity by Application
6 Customer Landscape
6.1 Customer landscape overview
7 Geographic Landscape
7.1 Geographic segmentation
7.2 Geographic comparison
7.3 North America - Market size and forecast 2021-2026
7.4 Europe - Market size and forecast 2021-2026
7.5 APAC - Market size and forecast 2021-2026
7.6 South America - Market size and forecast 2021-2026
7.7 Middle East and Africa - Market size and forecast 2021-2026
7.8 US - Market size and forecast 2021-2026
7.9 UK - Market size and forecast 2021-2026
7.10 India - Market size and forecast 2021-2026
7.11 Germany - Market size and forecast 2021-2026
7.12 Canada - Market size and forecast 2021-2026
7.13 Market opportunity by geography
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
9.3 Landscape disruption
9.4 Industry risks
10 Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 Allen Communication Learning Services
10.4 Articulate Global Inc.
10.5 City and Guilds Group
10.6 D2L Corp.
10.7 Franklin Covey Co.
10.8 Interaction Associates Inc.
10.9 Korn Ferry
10.10 Learning Technologies Group Plc
10.11 Skillsoft Ltd.
10.12 Wilson Learning Worldwide Inc.
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
11.3 Currency conversion rates for US$
11.4 Research methodology
11.5 List of abbreviations
The global education services market is at a crossroads with the positive impact of technological advances such as online education, the implementation of AR and VR in teaching methods, and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are having a negative impact on the growth of the market. The combined impact of these factors will lead to high growth in the global education services market.
Education: Includes technical education, language learning, test preparation services, tutoring services, makerspaces, vocational training, and distance learning courses and certifications
Emphasis on mobile learning: The increasing use of smartphones is encouraging education service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Therefore, users can schedule and complete the course/training according to their convenience. Mobile learning is also an experience of personalized learning as users can take training as per their requirements.
Digital literacy rates: Educational hardware and software have not been realized in tandem with the availability of trained staff in educational institutions. Institutions find it difficult to integrate technology into business processes. This is because of the inability of the faculty and administrators to understand applications and optimal use. The deployment of these applications alone by colleges and universities is not enough.
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