Corporate Training Market in US 2023-2027

Description

List of Tables

The corporate training market in US is forecasted to grow by USD 12906.91 mn during 2022-2027, accelerating at a CAGR of 6.49% during the forecast period. The report on the corporate training market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by emergence of cost-effective e-learning training modules, growing emphasis on flexible learning platforms, and rising emphasis on personalization in corporate training.

Technavio's corporate training market in US is segmented as below:

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	6.31%
CAGR	6.49%
Incremental Value	$12906.91mn

By Product

Technical courses
Non-technical courses

By Method

Blended learning
Offline learning
Online learning

By End-user

Manufacturing
Healthcare
BFSI
IT
Others

This study identifies the emergence of IoT and wearable devices as one of the prime reasons driving the corporate training market in US growth during the next few years. Also, the rising popularity of microlearning and the growing prominence of gamification will lead to sizable demand in the market.

The report on the corporate training market in US covers the following areas:

Corporate training market in US sizing
Corporate training market in US forecast
Corporate training market in US industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading corporate training market in US vendors that include 2U Inc., Adobe Inc., Benesse Holdings Inc., BYLD Group., Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS, Development Dimensions International Inc., Franklin Covey Co., Interaction Associates Inc., John Wiley and Sons Inc., Learning Tree International Inc., Mind Gym Plc, NIIT Ltd., Skillsoft Corp., Stride Inc., Wilson Learning Worldwide Inc., Udemy Inc., and Learning Technologies Group Plc. Also, the corporate training market in US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR40580

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by Product
Exhibit 05: Executive Summary - Chart on Market Segmentation by Method
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 08: Parent market
Exhibit 09: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 10: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 11: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 12: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 13: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 14: Chart on US: Year-over-year growth 2022-2027 (%)
Exhibit 15: Data Table on US: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Corporate training market in US 2017 - 2021
Exhibit 16: Historic Market Size - Data Table on corporate training market in US 2017 - 2021 ($ million)
4.2 Product Segment Analysis 2017 - 2021
Exhibit 17: Historic Market Size - Product Segment 2017 - 2021 ($ million)
4.3 Method Segment Analysis 2017 - 2021
Exhibit 18: Historic Market Size - Method Segment 2017 - 2021 ($ million)
4.4 End-user Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 20: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 21: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 22: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 23: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 24: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 25: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 26: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Product

6.1 Market segments
Exhibit 27: Chart on Product - Market share 2022-2027 (%)
Exhibit 28: Data Table on Product - Market share 2022-2027 (%)
6.2 Comparison by Product
Exhibit 29: Chart on Comparison by Product
Exhibit 30: Data Table on Comparison by Product
6.3 Technical courses - Market size and forecast 2022-2027
Exhibit 31: Chart on Technical courses - Market size and forecast 2022-2027 ($ million)
Exhibit 32: Data Table on Technical courses - Market size and forecast 2022-2027 ($ million)
Exhibit 33: Chart on Technical courses - Year-over-year growth 2022-2027 (%)
Exhibit 34: Data Table on Technical courses - Year-over-year growth 2022-2027 (%)
6.4 Non-technical courses - Market size and forecast 2022-2027
Exhibit 35: Chart on Non-technical courses - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Data Table on Non-technical courses - Market size and forecast 2022-2027 ($ million)
Exhibit 37: Chart on Non-technical courses - Year-over-year growth 2022-2027 (%)
Exhibit 38: Data Table on Non-technical courses - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Product
Exhibit 39: Market opportunity by Product ($ million)
Exhibit 40: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Method

7.1 Market segments
Exhibit 41: Chart on Method - Market share 2022-2027 (%)
Exhibit 42: Data Table on Method - Market share 2022-2027 (%)
7.2 Comparison by Method
Exhibit 43: Chart on Comparison by Method
Exhibit 44: Data Table on Comparison by Method
7.3 Blended learning - Market size and forecast 2022-2027
Exhibit 45: Chart on Blended learning - Market size and forecast 2022-2027 ($ million)
Exhibit 46: Data Table on Blended learning - Market size and forecast 2022-2027 ($ million)
Exhibit 47: Chart on Blended learning - Year-over-year growth 2022-2027 (%)
Exhibit 48: Data Table on Blended learning - Year-over-year growth 2022-2027 (%)
7.4 Offline learning - Market size and forecast 2022-2027
Exhibit 49: Chart on Offline learning - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Data Table on Offline learning - Market size and forecast 2022-2027 ($ million)
Exhibit 51: Chart on Offline learning - Year-over-year growth 2022-2027 (%)
Exhibit 52: Data Table on Offline learning - Year-over-year growth 2022-2027 (%)
7.5 Online learning - Market size and forecast 2022-2027
Exhibit 53: Chart on Online learning - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Data Table on Online learning - Market size and forecast 2022-2027 ($ million)
Exhibit 55: Chart on Online learning - Year-over-year growth 2022-2027 (%)
Exhibit 56: Data Table on Online learning - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Method
Exhibit 57: Market opportunity by Method ($ million)
Exhibit 58: Data Table on Market opportunity by Method ($ million)

8 Market Segmentation by End-user

8.1 Market segments
Exhibit 59: Chart on End-user - Market share 2022-2027 (%)
Exhibit 60: Data Table on End-user - Market share 2022-2027 (%)
8.2 Comparison by End-user
Exhibit 61: Chart on Comparison by End-user
Exhibit 62: Data Table on Comparison by End-user
8.3 Manufacturing - Market size and forecast 2022-2027
Exhibit 63: Chart on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 64: Data Table on Manufacturing - Market size and forecast 2022-2027 ($ million)
Exhibit 65: Chart on Manufacturing - Year-over-year growth 2022-2027 (%)
Exhibit 66: Data Table on Manufacturing - Year-over-year growth 2022-2027 (%)
8.4 Healthcare - Market size and forecast 2022-2027
Exhibit 67: Chart on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 68: Data Table on Healthcare - Market size and forecast 2022-2027 ($ million)
Exhibit 69: Chart on Healthcare - Year-over-year growth 2022-2027 (%)
Exhibit 70: Data Table on Healthcare - Year-over-year growth 2022-2027 (%)
8.5 BFSI - Market size and forecast 2022-2027
Exhibit 71: Chart on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on BFSI - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on BFSI - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on BFSI - Year-over-year growth 2022-2027 (%)
8.6 IT - Market size and forecast 2022-2027
Exhibit 75: Chart on IT - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on IT - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on IT - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on IT - Year-over-year growth 2022-2027 (%)
8.7 Others - Market size and forecast 2022-2027
Exhibit 79: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on Others - Year-over-year growth 2022-2027 (%)
8.8 Market opportunity by End-user
Exhibit 83: Market opportunity by End-user ($ million)
Exhibit 84: Data Table on Market opportunity by End-user ($ million)

9 Customer Landscape

9.1 Customer landscape overview
Exhibit 85: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 86: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 87: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 88: Overview on factors of disruption
11.4 Industry risks
Exhibit 89: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 90: Vendors covered
12.2 Market positioning of vendors
Exhibit 91: Matrix on vendor position and classification
12.3 2U Inc.
Exhibit 92: 2U Inc. - Overview
Exhibit 93: 2U Inc. - Business segments
Exhibit 94: 2U Inc. - Key news
Exhibit 95: 2U Inc. - Key offerings
Exhibit 96: 2U Inc. - Segment focus
12.4 Adobe Inc.
Exhibit 97: Adobe Inc. - Overview
Exhibit 98: Adobe Inc. - Business segments
Exhibit 99: Adobe Inc. - Key offerings
Exhibit 100: Adobe Inc. - Segment focus
12.5 Benesse Holdings Inc.
Exhibit 101: Benesse Holdings Inc. - Overview
Exhibit 102: Benesse Holdings Inc. - Business segments
Exhibit 103: Benesse Holdings Inc. - Key offerings
Exhibit 104: Benesse Holdings Inc. - Segment focus
12.6 BYLD Group.
Exhibit 105: BYLD Group. - Overview
Exhibit 106: BYLD Group. - Product / Service
Exhibit 107: BYLD Group. - Key offerings
12.7 Cisco Systems Inc.
Exhibit 108: Cisco Systems Inc. - Overview
Exhibit 109: Cisco Systems Inc. - Business segments
Exhibit 110: Cisco Systems Inc. - Key news
Exhibit 111: Cisco Systems Inc. - Key offerings
Exhibit 112: Cisco Systems Inc. - Segment focus
12.8 City and Guilds Group
Exhibit 113: City and Guilds Group - Overview
Exhibit 114: City and Guilds Group - Product / Service
Exhibit 115: City and Guilds Group - Key offerings
12.9 D2L Corp.
Exhibit 116: D2L Corp. - Overview
Exhibit 117: D2L Corp. - Product / Service
Exhibit 118: D2L Corp. - Key news
Exhibit 119: D2L Corp. - Key offerings
12.10 DEMOS
Exhibit 120: DEMOS - Overview
Exhibit 121: DEMOS - Product / Service
Exhibit 122: DEMOS - Key offerings
12.11 Development Dimensions International Inc.
Exhibit 123: Development Dimensions International Inc. - Overview
Exhibit 124: Development Dimensions International Inc. - Key offerings
12.12 Franklin Covey Co.
Exhibit 125: Franklin Covey Co. - Overview
Exhibit 126: Franklin Covey Co. - Business segments
Exhibit 127: Franklin Covey Co. - Key offerings
Exhibit 128: Franklin Covey Co. - Segment focus
12.13 Interaction Associates Inc.
Exhibit 129: Interaction Associates Inc. - Overview
Exhibit 130: Interaction Associates Inc. - Product / Service
Exhibit 131: Interaction Associates Inc. - Key offerings
12.14 John Wiley and Sons Inc.
Exhibit 132: John Wiley and Sons Inc. - Overview
Exhibit 133: John Wiley and Sons Inc. - Business segments
Exhibit 134: John Wiley and Sons Inc. - Key offerings
Exhibit 135: John Wiley and Sons Inc. - Segment focus
12.15 Learning Technologies Group Plc
Exhibit 136: Learning Technologies Group Plc - Overview
Exhibit 137: Learning Technologies Group Plc - Business segments
Exhibit 138: Learning Technologies Group Plc - Key offerings
Exhibit 139: Learning Technologies Group Plc - Segment focus
12.16 Learning Tree International Inc.
Exhibit 140: Learning Tree International Inc. - Overview
Exhibit 141: Learning Tree International Inc. - Product / Service
Exhibit 142: Learning Tree International Inc. - Key offerings
12.17 Mind Gym Plc
Exhibit 143: Mind Gym Plc - Overview
Exhibit 144: Mind Gym Plc - Product / Service
Exhibit 145: Mind Gym Plc - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 146: Inclusions checklist
Exhibit 147: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 148: Currency conversion rates for US$
13.4 Research methodology
Exhibit 149: Research methodology
Exhibit 150: Validation techniques employed for market sizing
Exhibit 151: Information sources
13.5 List of abbreviations
Exhibit 152: List of abbreviations