Corporate compliance training market size to grow by USD 2.36 billion from 2021 to 2026; Driven by the rise in the continuous monitoring approach - Technavio

NEW YORK, March 2, 2023 /PRNewswire/ -- The "Corporate Compliance Training Market by Type and Geography - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. The potential growth difference for the corporate compliance training market between 2021 and 2026 is USD 2.36 billion. However, the growth momentum in the market will be decelerating at a CAGR of 6.94% during the forecast period.  The growth of the market is driven by the rise in the continuous monitoring approach, However, the intangible nature of outcome measurement is a key challenge in the market. To get some insights on yearly growth variance and the Y-O-Y growth rate, Download a Sample Report.

Key Market Dynamics:

• Market Driver – The growth of the market is driven by the rise in the continuous monitoring approach. Organizations are introducing various stringent policies to maintain a conductive compliance culture and are engaging in compliance management activities in conjugation with ethics. For instance, the US securities industry follows a framework that requires its member firms to maintain written supervisory procedures (WSPs) to ensure that business activities are regularly monitored for compliance with exchange rules. Such efforts are increasing the need for compliance training, which is driving the growth of the market.
• Market Challenges – The intangible nature of outcome measurement is a key challenge in the market. Companies find it difficult to measure the success rate of training objectives. In some cases, employees fail to retain the laws and regulations learned during training. Also, employees may find it difficult to remember process-specific and skill-related information, which could render training ineffective. All these factors are hindering the growth of the global corporate compliance training market.

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The corporate compliance training market report is segmented by Type (Online and Blended) and Geography (North America, Europe, APAC, Middle East and Africa, and South America). North America will account for 38% of the market's growth during the forecast period.

Key Companies Covered

• Anthology Inc. - The company offers corporate compliance training through its subsidiary Blackboard Inc.
• City and Guilds Group - The company offers corporate compliance training such as workplace compliance, through its subsidiary Kineo.
• EI Design Pvt Ltd. - The company offers comprehensive Learning and Performance Ecosystem based approach and immersive and sticky learning strategies.
• John Wiley and Sons Inc. - The company offers corporate compliance training namely Building a World Class Compliance Program.
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Related Reports:

• The compliance training market in higher education institutions in US is estimated to grow at a CAGR of 15.15% between 2022 and 2027. The size of the market is forecast to increase by USD 1,389.49 million. The continuous need for compliance with federal regulations is notably driving the market growth, although factors such as the lack of adequate funding and infrastructure may impede the market growth.
• The partner relationship management (PRM) market is estimated to grow at a CAGR of 16% between 2022 and 2027. The size of the market is forecast to increase by USD 65.05 billion. The focus on customer engagement is notably driving the partner relationship management software market growth, although factors such as growing demand for data security concerns may impede the market growth.

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 24: Chart on Type - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Type - Market share 2021-2026 (%)

• 5.2 Comparison by Type 
• Exhibit 26: Chart on Comparison by Type
• Exhibit 27: Data Table on Comparison by Type

• 5.3 Online - Market size and forecast 2021-2026
• Exhibit 28: Chart on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Online - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Online - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Online - Year-over-year growth 2021-2026 (%)

• 5.4 Blended - Market size and forecast 2021-2026
• Exhibit 32: Chart on Blended - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Blended - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Blended - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Blended - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Type 
• Exhibit 36: Market opportunity by Type ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026
• Exhibit 42: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 43: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 44: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 46: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 APAC - Market size and forecast 2021-2026 
• Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.6 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.7 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.8 US - Market size and forecast 2021-2026
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.9 Canada - Market size and forecast 2021-2026
• Exhibit 66: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026
• Exhibit 70: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Germany - Market size and forecast 2021-2026
• Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.12 France - Market size and forecast 2021-2026
• Exhibit 78: Chart on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on France - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on France - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on France - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Anthology Inc. 
• Exhibit 89: Anthology Inc. - Overview
• Exhibit 90: Anthology Inc. - Product / Service
• Exhibit 91: Anthology Inc. - Key offerings

• 10.4 City and Guilds Group 
• Exhibit 92: City and Guilds Group - Overview
• Exhibit 93: City and Guilds Group - Product / Service
• Exhibit 94: City and Guilds Group - Key offerings

• 10.5 EI Design Pvt Ltd. 
• Exhibit 95: EI Design Pvt Ltd. - Overview
• Exhibit 96: EI Design Pvt Ltd. - Product / Service
• Exhibit 97: EI Design Pvt Ltd. - Key offerings

• 10.6 John Wiley and Sons Inc. 
• Exhibit 98: John Wiley and Sons Inc. - Overview
• Exhibit 99: John Wiley and Sons Inc. - Business segments
• Exhibit 100: John Wiley and Sons Inc. - Key offerings
• Exhibit 101: John Wiley and Sons Inc. - Segment focus

• 10.7 Learning Technologies Group Plc 
• Exhibit 102: Learning Technologies Group Plc - Overview
• Exhibit 103: Learning Technologies Group Plc - Business segments
• Exhibit 104: Learning Technologies Group Plc - Key news
• Exhibit 105: Learning Technologies Group Plc - Key offerings
• Exhibit 106: Learning Technologies Group Plc - Segment focus

• 10.8 LRN Corp. 
• Exhibit 107: LRN Corp. - Overview
• Exhibit 108: LRN Corp. - Product / Service
• Exhibit 109: LRN Corp. - Key offerings

• 10.9 NetZealous LLC 
• Exhibit 110: NetZealous LLC - Overview
• Exhibit 111: NetZealous LLC - Product / Service
• Exhibit 112: NetZealous LLC - Key offerings

• 10.10 SAI Global Pty. Ltd. 
• Exhibit 113: SAI Global Pty. Ltd. - Overview
• Exhibit 114: SAI Global Pty. Ltd. - Product / Service
• Exhibit 115: SAI Global Pty. Ltd. - Key offerings

• 10.11 Skillsoft Corp. 
• Exhibit 116: Skillsoft Corp. - Overview
• Exhibit 117: Skillsoft Corp. - Business segments
• Exhibit 118: Skillsoft Corp. - Key offerings
• Exhibit 119: Skillsoft Corp. - Segment focus

• 10.12 TrainingFolks 
• Exhibit 120: TrainingFolks - Overview
• Exhibit 121: TrainingFolks - Product / Service
• Exhibit 122: TrainingFolks - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 123: Inclusions checklist
• Exhibit 124: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 125: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 126: Research methodology
• Exhibit 127: Validation techniques employed for market sizing
• Exhibit 128: Information sources

• 11.5 List of abbreviations 
• Exhibit 129: List of abbreviations

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