Corporate Training Market in the US to Grow by USD 19.51 Bn | Adobe Inc. and Cisco Systems Inc. Among Key Vendors | Technavio

The corporate training market in US is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments. Adobe Inc., Cisco Systems Inc., City & Guilds Group, D2L Corp., Franklin Covey Co., GP Strategies Corp., John Wiley & Sons Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc. are among some of the major market participants.

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

• Corporate Training Market in US Size
• Corporate Training Market in US Trends
• Corporate Training Market in US Industry Analysis

Corporate Training Market in US 2021-2025: Segmentation

• Product
• Technical Courses
• Non-technical Courses

By product, the technical courses segment will have significant market share growth during the forecast period. The segment is expected to register a steady growth during the forecast period owing to the rising need for skilling employees on continuously evolving technologies.

• End-user
• Manufacturing
• Healthcare
• BFSI
• IT
• Others

By end-user, the manufacturing segment is expected to witness considerable growth during the forecast period.

• Method
• Blended learning
• Offline learning
• Online learning

By method, the blended learning segment is expected to witness significant growth during the forecast period.

Corporate Training Market in US 2021-2025: Drivers and Challenges
The emergence of cost effective e-learning training modules is driving the corporate training market growth in US. Organizations are increasingly adopting innovative and cost-effective ways to train their employees. Therefore, vendors are introducing solutions, technologies, systems, and courses at affordable prices.

Factors such as the growing prominence of MOOCs in corporate learning may challenge market growth. Several organizations are investing in the creation of personalized MOOCs that are tailor-made to their core competencies and requirements. The popularity of MOOCs is growing among organizations that require large-scale training programs for employees.

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Corporate Training Market in US 2021-2025: Key Vendor Offerings

• Adobe Inc. - Key programs offered by the company include Photoshop basics for eLearning designers and Adobe Captivate Specialist Certificate Program.
• Cisco Systems Inc. - Key programs offered by the company include CCNA Preparation Bundle and Implementing and Administering Cisco Solutions (CCNA) v1.0.
• City & Guilds Group - Key programs offered by the company include vocational qualifications and workforce management training.

Corporate Training Market in US 2021-2025: Key Highlights

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will assist the corporate training market in US growth during the next five years
• Estimation of the corporate training market in US size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the corporate training market in US
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of corporate training market in us, vendors

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