Global Training Market: Share, Size, Growth, Opportunity And Forecast 2018-2026

Corporate training, often known as workplace learning, is a set of learning activities meant to help employees improve their job performance. Employee productivity, motivation, performance, and retention are all improved by corporate training, which helps businesses achieve their objectives. Virtual training and face-to-face training are the two sorts of training methods. Furthermore, a market study of corporate training is conducted based on geographies, important players, and categories.

Training Market technique, training program, industry, and area are all used to categorize the global corporate training market. The corporate training market is divided into virtual and face-to-face training methods. Technical training, soft skills training, quality training, compliance training, and other training programs are split into. FMCG/retail, pharmaceutical and healthcare, financial services, professional services, public enterprises, information technology, and other businesses are all categorized by industry. North America, Europe, Asia-Pacific, and LAMEA are the regions studied in the corporate training market.

The breakout of the COVID-19 pandemic in 2020 gave the global Corporate Training Market sector a boost. Market dynamics transformed quickly, and the entire world went online. The virtual training received a lot of attention. The major market participants made significant investments in digitizing their firms. The corporate world began to utilize virtual platforms for the purpose of giving training to its staff, boosting the virtual corporate training market dramatically.

Increased internet penetration, rising adoption of smart devices, developing information technology and telecommunications platforms, and the rapid emergence of virtual corporate Training Market platforms around the world are some of the major factors that have contributed to the growth of the corporate training market in recent years. The rising trend of working from home and a substantial move towards digital technologies are projected to help the market maintain its position in the near future and grow during the forecast period.

Key Players in the Global Training Market

 Skillsoft Limited, Safety Media, GP Strategies Corp., UL EHS Sustainability, PRYOR Learning Solutions, Raytheon Company, DuPont Sustainable Solutions, 360training.com, Inc., SAP Litmos, Vector Solutions, Global Training Solutions, Inc., Cornerstone OnDemand, PetroSkills, and Euro Petroleum Consultants Ltd. [EPC] are some of the major players in the global training market.