Corporate Training Market in the US 2016-2020
Corporate training is an integral part of an organization’s discretionary budget. The primary objective of such training is to reduce both technical and non-technical capability gaps, as well as to groom eligible employees to move up the company’s hierarchy. Intensified competition in the corporate sector has pushed organizations into business diversification regionally and internationally, increasing the need for proper training and development of the workforce. Therefore, it presents a significant opportunity for training solution providers to expand their business by offering products and services related to corporate training.
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BMR’s analysts forecast the corporate training market in the US to grow at a CAGR of 9.54% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the corporate training market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated through sales of training products and related services for a fee or subscription.
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Corporate Training Market in the US 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
• Articulate
• GP Strategies
• Miller Heiman
• Skillsoft
Other prominent vendors
• Allen Interactions
• Aptara
• Computer Generated Solutions
• Certpoint Systems
• Desire2Learn
• Intuition Publishing
• Interaction Associates
• New Horizons Computer Learning Centers
• NIIT
Market driver
• Growing popularity of training through social collaboration tools
• For a full, detailed list, view our report
Market challenge
• Rising penetration of MOOCs
• For a full, detailed list, view our report
Market trend
• Corporate m-learning
• 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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