NEW YORK, November 10, 2022 /PRNewswire/ — “The Corporate Education Market at europe By Product (Technical Course and Non-Technical Course) and Geography (Western EuropeNorthern countries, Southern Europeand Central and Eastern Europe) – Forecast and Analysis Report 2022-2026″ has been added to Technavio’s offering. ISO 9001:2015 certified, Technavio is proud to partner with more than 100 Fortune 500 companies for over 16 years.
The difference in growth potential for the size of the corporate training market includes europe between 2021 and 2026 USD 11.79 billion. To get the actual annual growth variance and YOY growth rate, Request a FREE PDF Sample Report
Market segmentation
By product, technical course segment will be a significant contributor to market growth over the forecast period. Therefore, one must constantly stay updated on the latest technologies to have successful career prospects. Employees with advanced technical skills are more valuable to companies, as they can complete tasks more efficiently. Healthy technical staff have the skills and knowledge to contribute to innovation in companies. Training on fundamental aspects of technology, applications, service tactics, and sales is expected to increase the demand for technical training in the corporate training market. europe during forecasting. The technical skills of employees directly affect their productivity.
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Key Market Dynamics
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Market driver: The digitization of learning materials driving market growth. Advances in technology have increased the adoption of cloud-based services such as corporate training and CMS. The shift to online platforms has helped employees increase their productivity, save time and money and re-skill themselves. For example, in October 2021, City and Guilds and Intertrain have announced the launch of the first small plant training program for the rail industry. The program reduces learning hours by as much as 30% and includes online and hands-on hands-on training. Thus, digitization of learning materials will fuel the market growth during the forecast period.
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Market Challenge: technical constraints such as customization and integration is difficult to grow the market. Autonomy increases the operating cost of companies, especially smaller companies. Companies face unique challenges in terms of content creation, features, formats and delivery methods. Additionally, they need to integrate corporate training with existing business applications. Lack of integration and improper implementation of corporate training lead to inefficiencies in business processes. This, in turn, is expected to reduce the interest of users in new online courses, which is likely to restrain the market during the forecast period.
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Some Companies Listed
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Adobe Inc.
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Articulate Global Inc.
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Blanchard Training and Development Inc.
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BTS Group AB
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Cegos group
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Cisco Systems Inc.
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Group of Cities and Guilds
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D2L Corp.
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DEMOS group
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Development Dimensions International Inc.
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Franklin Covey Co.
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John Wiley and Sons Inc.
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Korn Ferry
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Learning Technologies Group Plc
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Mind Gym Plc
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NIIT Ltd.
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Richardson Sales Performance
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Simplilearn Solutions Pvt. Ltd.
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Skillsoft Ltd.
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Corporate Training Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The market share of corporate training is expected to increase 46.22 billion dollars from 2021 to 2026, and the market growth rate will accelerate at a CAGR of 8.77%. This report provides detailed segmentation by product (technical education and non-technical education) and geography (North America, europeAPAC, South Americaand middle east and Africa).
Corporate Leadership Training Market Forecast, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026: The market share of corporate leadership training is expected to increase 18.59 billion dollars from 2021 to 2026, and the market growth rate will accelerate at a CAGR of 9.51%. This report provides a detailed segmentation of the corporate leadership training market by application (online training, ILT, and blended training) and geography (North America, europeAPAC, South Americaand middle east and Africa).
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Scope of the Corporate Training Market in Europe |
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|---|---|
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Report Report |
Details |
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Page number |
120 |
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Base year |
2021 |
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Forecast time |
2022-2026 |
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Growth potential & CAGR |
Accelerate at a CAGR of 7.31% |
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Market growth 2022-2026 |
11.79 billion dollars |
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Market structure |
Divided |
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Annual increase (%) |
6.82 |
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Main customer countries |
Western Europe, Northern Europe, Southern Europe, and Central and Eastern Europe |
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competitive landscape |
Leading companies, competitive strategies, customer engagement area |
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Profile companies |
Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co. , John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., and Skillsoft Ltd. |
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Market Dynamics |
Parent market analysis, Drivers and barriers to market growth, fast and slow segment analysis, impact of COVID-19 and future consumer dynamics, and market status analysis for the forecast period. |
|
Purview Customization |
If our report doesn’t include the data you’re looking for, you can access our analytics and customize sections. |
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Open Key Topics
1 Executive Summary
2 Landscape Market
3 Market growth
4 Five Forces Analysis
5 Market segmentation by Product
6 Customer Landscape
7 Geographical landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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