NEW YORK, Nov. 10, 2022 /PRNewswire/ -- The "Corporate Training Market in Europe by Product (Technical course and Non-technical course) and Geography (Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.
The potential growth difference for the corporate training market size in Europe between 2021 and 2026 is USD 11.79 billion. To get the exact yearly growth variance and the Y-O-Y growth rate, Request a FREE PDF Sample Report
By product, the technical course segment will be a significant contributor to market growth during the forecast period. Thus, there is a need to continuously stay updated on the latest technologies to have successful career prospects. Employees with advanced technical skills are more valuable to companies, as they can complete tasks efficiently. Technically sound employees have skills and knowledge that contribute to innovation in companies. Training on the basic aspects of technology, applications, service tactics, and sales is expected to fuel the demand for technical training in the corporate training market in Europe during the forecast period. The technical skills of employees directly impact their productivity.
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- Market Driver: The digitization of learning materials is driving market growth. Advances in technology have increased the adoption of cloud-based services such as corporate training and CMS. The shift to online platforms has helped employees in boosting their productivity, save their time and money, and reskill themselves. For instance, in October 2021, City and Guilds and Intertrain announced the launch of the first small plant training program for the railway industry. The program reduces learning hours by about 30% and includes online and hands-on practical training. Thus, the digitization of learning materials will fuel market growth in the forecast period.
- Market Challenge: Technical constraints such as customization and integration are challenging market growth. Customization increases the operating cost of companies, especially small-scale companies. Companies face customization issues in terms of content creation, features, format, and delivery methods. Moreover, they need to integrate corporate training with existing business applications. The lack of integration and improper corporate training implementation lead to inefficiencies in the business processes. This, in turn, is expected to reduce the interest of users in newer online courses, which may impede the market during the forecast period.
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- Adobe Inc.
- Articulate Global Inc.
- Blanchard Training and Development Inc.
- BTS Group AB
- Cegos Group
- Cisco Systems Inc.
- City and Guilds Group
- D2L Corp.
- DEMOS Group
- Development Dimensions International Inc.
- Franklin Covey Co.
- John Wiley and Sons Inc.
- Korn Ferry
- Learning Technologies Group Plc
- Mind Gym Plc
- NIIT Ltd.
- Richardson Sales Performance
- Simplilearn Solutions Pvt. Ltd.
- Skillsoft Ltd.
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Corporate Training Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The corporate training market share is expected to increase by USD 46.22 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.77%. This report extensively covers segmentation by product (technical training and non-technical training) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
Corporate Leadership Training Market Growth, Size, Trends, Analysis Report by Type, Application, Region, and Segment Forecast 2022-2026: The corporate leadership training market share is expected to increase by USD 18.59 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.51%. This report extensively covers corporate leadership training market segmentation by application (online training, ILT, and blended training) and geography (North America, Europe, APAC, South America, and Middle East and Africa).
Corporate Training Market Scope in Europe |
|
---|---|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Accelerate at a CAGR of over 7.31% |
Market growth 2022-2026 |
USD 11.79 billion |
Market structure |
Fragmented |
YoY growth (%) |
6.82 |
Key consumer countries |
Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., and Skillsoft Ltd. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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- 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 Country Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
- 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
- 2.1 Market ecosystem
- Exhibit 09: Parent market
- Exhibit 10: Market Characteristics
- 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 Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
- Exhibit 15: Chart on Europe: Year-over-year growth 2021-2026 (%)
- Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
- 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
- 5.1 Market segments
- Exhibit 24: Chart on Product - Market share 2021-2026 (%)
- Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
- 5.2 Comparison by Product
- Exhibit 26: Chart on Comparison by Product
- Exhibit 27: Data Table on Comparison by Product
- 5.3 Technical course - Market size and forecast 2021-2026
- Exhibit 28: Chart on Technical course - Market size and forecast 2021-2026 ($ billion)
- Exhibit 29: Data Table on Technical course - Market size and forecast 2021-2026 ($ billion)
- Exhibit 30: Chart on Technical course - Year-over-year growth 2021-2026 (%)
- Exhibit 31: Data Table on Technical course - Year-over-year growth 2021-2026 (%)
- 5.4 Non-technical course - Market size and forecast 2021-2026
- Exhibit 32: Chart on Non-technical course - Market size and forecast 2021-2026 ($ billion)
- Exhibit 33: Data Table on Non-technical course - Market size and forecast 2021-2026 ($ billion)
- Exhibit 34: Chart on Non-technical course - Year-over-year growth 2021-2026 (%)
- Exhibit 35: Data Table on Non-technical course - Year-over-year growth 2021-2026 (%)
- 5.5 Market opportunity by Product
- Exhibit 36: Market opportunity by Product ($ billion)
- 6.1 Customer landscape overview
- Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 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 Western Europe - Market size and forecast 2021-2026
- Exhibit 42: Chart on Western Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 43: Data Table on Western Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 44: Chart on Western Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 45: Data Table on Western Europe - Year-over-year growth 2021-2026 (%)
- 7.4 Nordic Countries - Market size and forecast 2021-2026
- Exhibit 46: Chart on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
- Exhibit 47: Data Table on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
- Exhibit 48: Chart on Nordic Countries - Year-over-year growth 2021-2026 (%)
- Exhibit 49: Data Table on Nordic Countries - Year-over-year growth 2021-2026 (%)
- 7.5 Southern Europe - Market size and forecast 2021-2026
- Exhibit 50: Chart on Southern Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 51: Data Table on Southern Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 52: Chart on Southern Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 53: Data Table on Southern Europe - Year-over-year growth 2021-2026 (%)
- 7.6 Central and Eastern Europe - Market size and forecast 2021-2026
- Exhibit 54: Chart on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 55: Data Table on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
- Exhibit 56: Chart on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)
- Exhibit 57: Data Table on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)
- 7.7 Market opportunity by geography
- Exhibit 58: Market opportunity by geography ($ billion)
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impact of drivers and challenges
- Exhibit 59: Impact of drivers and challenges in 2021 and 2026
- 8.4 Market trends
- 9.1 Overview
- 9.2 Vendor landscape
- Exhibit 60: Overview on Criticality of inputs and Factors of differentiation
- 9.3 Landscape disruption
- Exhibit 61: Overview on factors of disruption
- 9.4 Industry risks
- Exhibit 62: Impact of key risks on business
- 10.1 Vendors covered
- Exhibit 63: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 64: Matrix on vendor position and classification
- 10.3 Adobe Inc.
- Exhibit 65: Adobe Inc. - Overview
- Exhibit 66: Adobe Inc. - Business segments
- Exhibit 67: Adobe Inc. - Key news
- Exhibit 68: Adobe Inc. - Key offerings
- Exhibit 69: Adobe Inc. - Segment focus
- 10.4 Articulate Global Inc.
- Exhibit 70: Articulate Global Inc. - Overview
- Exhibit 71: Articulate Global Inc. - Product / Service
- Exhibit 72: Articulate Global Inc. - Key offerings
- 10.5 Cisco Systems Inc.
- Exhibit 73: Cisco Systems Inc. - Overview
- Exhibit 74: Cisco Systems Inc. - Business segments
- Exhibit 75: Cisco Systems Inc. - Key news
- Exhibit 76: Cisco Systems Inc. - Key offerings
- Exhibit 77: Cisco Systems Inc. - Segment focus
- 10.6 City and Guilds Group
- Exhibit 78: City and Guilds Group - Overview
- Exhibit 79: City and Guilds Group - Product / Service
- Exhibit 80: City and Guilds Group - Key offerings
- 10.7 D2L Corp.
- Exhibit 81: D2L Corp. - Overview
- Exhibit 82: D2L Corp. - Product / Service
- Exhibit 83: D2L Corp. - Key news
- Exhibit 84: D2L Corp. - Key offerings
- 10.8 Franklin Covey Co.
- Exhibit 85: Franklin Covey Co. - Overview
- Exhibit 86: Franklin Covey Co. - Business segments
- Exhibit 87: Franklin Covey Co. - Key offerings
- Exhibit 88: Franklin Covey Co. - Segment focus
- 10.9 John Wiley and Sons Inc.
- Exhibit 89: John Wiley and Sons Inc. - Overview
- Exhibit 90: John Wiley and Sons Inc. - Business segments
- Exhibit 91: John Wiley and Sons Inc. - Key offerings
- Exhibit 92: John Wiley and Sons Inc. - Segment focus
- 10.10 Korn Ferry
- Exhibit 93: Korn Ferry - Overview
- Exhibit 94: Korn Ferry - Business segments
- Exhibit 95: Korn Ferry - Key offerings
- Exhibit 96: Korn Ferry - Segment focus
- 10.11 Learning Technologies Group Plc
- Exhibit 97: Learning Technologies Group Plc - Overview
- Exhibit 98: Learning Technologies Group Plc - Business segments
- Exhibit 99: Learning Technologies Group Plc - Key news
- Exhibit 100: Learning Technologies Group Plc - Key offerings
- Exhibit 101: Learning Technologies Group Plc - Segment focus
- 10.12 Skillsoft Ltd.
- Exhibit 102: Skillsoft Ltd. - Overview
- Exhibit 103: Skillsoft Ltd. - Product / Service
- Exhibit 104: Skillsoft Ltd. - Key offerings
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions checklist
- Exhibit 105: Inclusions checklist
- Exhibit 106: Exclusions checklist
- 11.3 Currency conversion rates for US$
- Exhibit 107: Currency conversion rates for US$
- 11.4 Research methodology
- Exhibit 108: Research methodology
- Exhibit 109: Validation techniques employed for market sizing
- Exhibit 110: Information sources
- 11.5 List of abbreviations
- Exhibit 111: List of abbreviations
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