Global Corporate Training Market Report 2016-2020

Technavio recognizes the following companies as the key players in the global corporate training market: City & Guilds Kineo, GP Strategies, MHI Global, and Skillsoft. 
Other Prominent Vendors in the market are: Articulate, Computer Generated Solutions, Desire2Learn, Global Training Solutions, Interaction Associates, New Horizons Computer Learning Centers, NIIT, QA, Tata Interactive Systems, and Wilson Learning Worldwide.

Commenting on the report, an analyst from Technavio’s team said: “One trend gaining traction in the market is migration towards NGDLE. The global corporate sector is strongly focusing on implementing cost-effective learning and development programs by merging traditional and digital learning formats. Thus, there will be an increased demand for tools such as next-gen LMS, which will lead to the emergence of next-generation digital learning environment (NGDLE). This can help them in developing efficient learning programs that have better retention rates.”

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According to the report, globally, SMBs have begun to play a stronger role in strengthening the respective region’s economic situation. Irrespective of the businesses conducted by each country’s SMB sector, they are recording significant growth. This factor has attracted heavy financial support from private and public sources of funds.

Further, the report states that vendors operating in the corporate training market in each region are facing fierce competition from unorganized market players. The market is highly fragmented and competitive in nature. The presence of numerous continuing education program providers, regional vendors, small-sized companies, and individual training providers is eroding the market share leading vendors.

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 a SWOT analysis of the key vendors.

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About Corporate Training:

Companies are expanding their businesses worldwide, leading to intense competition in recruitment, training, and retaining talent. Advanced tools and technologies are available in the market to help organizations design and develop training programs for employees irrespective of the location of the delivery center.
Technavio’s analysts forecast the global corporate training market to grow at a CAGR of 10.55% during the period 2016-2020.

Covered in this report 
The report covers the present scenario and the growth prospects of the global corporate training market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of training products and related services for a fee or subscription.

The market is divided into the following segments based on geography: 
• APAC
• Europe
• North America
• ROW

Technavio's report, Global Corporate Training Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

Key vendors 
• City & Guilds Kineo
• GP Strategies
• MHI Global
• Skillsoft

Other prominent vendors 
• Articulate
• Computer Generated Solutions
• Desire2Learn
• Global Training Solutions
• Interaction Associates
• New Horizons Computer Learning Centers
• NIIT
• QA
• Tata Interactive Systems
• Wilson Learning Worldwide

Market driver 
• Expanding SMB market
• For a full, detailed list, view our report 

Market challenge 
• Increase in market fragmentation
• For a full, detailed list, view our report 

Market trend 
• Migration toward NGDLE 
• For a full, detailed list, view our report 

Key questions answered in this report 
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors? 

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