United States Corporate Training Market 2015-2019 - Growing Adoption of E-learning Training Solutions

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Sep 15, 2015, 01:10 ET

DUBLIN, Sept. 15, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/ttsvpg/corporate) has announced the addition of the "Corporate Training Market in the US 2015-2019" report to their offering.

The corporate training market in the US to grow at a CAGR of 7.81% in terms of revenue over the period 2014-2019.

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This report covers the present scenario and the growth prospects of the corporate training market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated from corporate training across various regions worldwide.

The report, Corporate Training Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the landscape of the corporate training market in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the market is flourishing because of government policies to promote training activities by corporates. This phenomenon is observed primarily in developed economies such as the US to enhance employability and reduce lay-offs by companies.

For instance, in the US, the Department of Labor's ETA provides funds for training programs undertaken by the youth and dislocated workers. Another instance of training solutions being facilitated by favorable government initiatives is noted in Georgia where Governor Sonny Perdue initiated the creation of the Be Work Ready campaign to enable job seekers to improve their skills through gap training and earn a Work Ready certificate. The certificate is based on the score of the key job skills assessment, and is similar to the ACT National Career Readiness Certificate.

Further, the report states that one of the factors curtailing growth of the market is uncoordinated and unplanned learning structure.

Key Vendors