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.
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: –
Contact Us: –
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249
