Corporate Training Market Size to Grow by USD 40.21 Billion | By Product (technical training and non-technical training) and Geography

Vendor Insights  The corporate training market is fragmented and the vendors are deploying various organic…

Vendor Insights 

The corporate training market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The report offers information on several market vendors, including Adobe Inc., Cisco Systems Inc., City and Guilds Group, D2L Corp., Franklin Covey Co., GP Strategies Corp., John Wiley and Sons Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc. among others.

  • Adobe Inc. – In July 2021, the company launched Adobe Analytics for higher education to advance digital literacy
  • Cisco Systems Inc – In July 2021, the company acquired Socio Labs, an event company
  • John Wiley and Sons Inc. – In March 2021, the company partnered with NUS Advanced Computing for Executives to launch a global certification program aimed to close the technology skills gap.

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 Geographical Market Analysis 

43% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for corporate training in North America. Market growth in North America will be faster than the growth of the market in MEA and South America.

The presence of many MNCs and large organizations will facilitate the corporate training market growth in North America over the forecast period. 

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Key Segment Analysis

The corporate training market share growth by the technical training segment will be significant during the forecast period. It is expected to register a steady growth during the forecast period owing to the rising need for skilling employees on continuously evolving technologies. The growing prominence of online courses will further augment the adoption of technical training courses in the corporate training market during the forecast period.

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Key Market Driver: 

The emergence of cost-effective e-learning training modules will fuel the growth of the corporate training market size. Organizations are increasingly adopting innovative and cost-effective ways to train their employees. The transition of organizations from conventional training to e-learning helps them in saving employees’ working hours, and it is convenient to maintain, update, and store information more effectively. Vendors are introducing solutions, technologies, systems, and courses at affordable prices to corporations buying them in bulk quantities to meet the demand of their employees. The growing popularity of online learning has helped employees in saving their time and money in reskilling themselves, unlike enrolling in conventional training sessions conducted in corporations that consume more time in addition to the regular working hours. 

Key Market Challenge: 

Budgetary concerns will be a major challenge for the corporate training market. Organizations across the globe have certain fixed budgets allocated for employee training. Companies with sufficient budgets own essential hardware and software solutions or systems. However, organizations with limited budgets may prefer continuing with the conventional training methodologies, without incurring extra expenditure on buying new tools and technologies. This, in turn, may hamper the growth of the corporate training market.

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Corporate Training Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 7.97%

Market growth 2021-2025

$ 40.21 billion

Market structure


YoY growth (%)


Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 43%

Key consumer countries

US, Canada, UK, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adobe Inc., Cisco Systems Inc., City and Guilds Group, D2L Corp., Franklin Covey Co., GP Strategies Corp., John Wiley and Sons Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization preview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1. Executive Summary                           

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 01:  Parent market

                                Exhibit 02:  Market Characteristics

                2.2 Value chain analysis           

                                Exhibit 03:  Value Chain Analysis: Education services

                                2.2.1 Inputs 

                                2.2.2   Operations

                                2.2.3   Marketing and sales

                                2.2.4 Support activities

                                2.2.5 Innovation

3. Market Sizing                       

                3.1 Market definition

                                Exhibit 04:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 05:  Market segments

                3.3 Market size 2020 

                3.4 Market outlook: Forecast for 2020 – 2025 

                                Exhibit 06:  Global – Market size and forecast 2020 – 2025 ($ billion)

                                Exhibit 07:  Global market: Year-over-year growth 2020 – 2025 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 08: Five forces analysis 2020 & 2025

                4.2 Bargaining power of buyers           

                                Exhibit 09:  Bargaining power of buyers

                4.3 Bargaining power of suppliers       

                                Exhibit 10:  Bargaining power of suppliers

                4.4 Threat of new entrants    

                                Exhibit 11:  Threat of new entrants

                4.5 Threat of substitutes         

                                Exhibit 12:  Threat of substitutes

                4.6 Threat of rivalry   

                                Exhibit 13:  Threat of rivalry

                4.7 Market condition

                                Exhibit 14: Market condition – Five forces 2020

5. Market Segmentation by Product               

                5.1      Market segments          

                                Exhibit 15:  Product – Market share 2020-2025 (%)

                5.2      Comparison by Product              

                                Exhibit 16:  Comparison by Product

                5.3      Technical training – Market size and forecast 2020-2025                

                                Exhibit 17:  Technical training – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 18:  Technical training – Year-over-year growth 2020-2025 (%)

                5.4      Non-technical training – Market size and forecast 2020-2025       

                                Exhibit 19:  Non-technical training – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 20:  Non-technical training – Year-over-year growth 2020-2025 (%)

                5.5    Market opportunity by Product 

                                Exhibit 21:  Market opportunity by Product

6. Customer landscape                         

                                Exhibit 22:  Customer landscape

7. Geographic Landscape                     

                7.1    Geographic segmentation           

                                Exhibit 23:  Market share by geography 2020-2025 (%)

                7.2    Geographic comparison

                                Exhibit 24:  Geographic comparison

                7.3    North America – Market size and forecast 2020-2025        

                                Exhibit 25:  North America – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 26:  North America – Year-over-year growth 2020-2025 (%)

                7.4    Europe – Market size and forecast 2020-2025       

                                Exhibit 27:  Europe – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 28:  Europe – Year-over-year growth 2020-2025 (%)

                7.5    APAC – Market size and forecast 2020-2025           

                                Exhibit 29:  APAC – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 30:  APAC – Year-over-year growth 2020-2025 (%)

                7.6    South America – Market size and forecast 2020-2025        

                                Exhibit 31:  South America – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 32:  South America – Year-over-year growth 2020-2025 (%)

                7.7      MEA – Market size and forecast 2020-2025          

                                Exhibit 33:  MEA – Market size and forecast 2020-2025 ($ billion)

                                Exhibit 34:  MEA – Year-over-year growth 2020-2025 (%)

                7.8      Impact of COVID-19 pandemic on the market   

                                7.8.1      Corporates using online training modules:

                                7.8.2      Corporates not using online training modules:

                7.9      Key leading countries  

                                Exhibit 35:  Key leading countries

                7.10      Market opportunity by geography       

                                Exhibit 36:  Market opportunity by geography ($ billion)

8. Drivers, Challenges, and Trends                   

                8.1    Market drivers  

                                8.1.1      Emergence of cost-effective e-learning training modules

                                8.1.2      Increased need for skilled employees

                                8.1.3      Growing popularity of mobile-based training

                8.2   Market challenges            

                                8.2.1      Budgetary concerns

                                8.2.2      Lack of effective metrics

                                8.2.3      Difficulties in developing and distributing digital content

                                Exhibit 37:  Impact of drivers and challenges

                8.3    Market trends  

                                8.3.1      Emergence of IoT and wearable devices

                                8.3.2 Growing demand for microlearning

                                8.3.3      Growing popularity of learning analytics

9. Vendor Landscape                             

                9.1      Vendor landscape         

                                Exhibit 38:  Vendor landscape

                9.2      Landscape disruption   

                                Exhibit 39:  Landscape disruption

                                Exhibit 40:  Industry risks

                9.3      Competitive scenario   

10. Vendor Analysis               

                10.1      Vendors covered        

                                Exhibit 41:  Vendors covered

                10.2      Market positioning of vendors              

                                Exhibit 42:  Market positioning of vendors

                10.3    Adobe Inc.       

                                Exhibit 43:  Adobe Inc. – Overview

                                Exhibit 44:  Adobe Inc. – Business segments

                                Exhibit 45:  Adobe Inc. – Key news

                                Exhibit 46:  Adobe Inc. – Key offerings

                10.4    Cisco Systems Inc.         

                                Exhibit 47:  Cisco Systems Inc. – Overview

                                Exhibit 48:  Cisco Systems Inc. – Business segments

                                Exhibit 49:  Cisco Systems Inc. – Key news

                                Exhibit 50:  Cisco Systems Inc. – Key offerings

                                Exhibit 51:  Cisco Systems Inc. – Segment focus

                10.5      City and Guilds Group

                                Exhibit 52:  City and Guilds Group – Overview

                                Exhibit 53:  City and Guilds Group – Product and service

                                Exhibit 54:  City and Guilds Group – Key offerings

                10.6      D2L Corp.       

                                Exhibit 55:  D2L Corp.  – Overview

                                Exhibit 56:  D2L Corp.  – Product and service

                                Exhibit 57:  D2L Corp.  – Key offerings

                10.7      Franklin Covey Co.      

                                Exhibit 58:  Franklin Covey Co. – Overview

                                Exhibit 59:  Franklin Covey Co. – Business segments

                                Exhibit 60:  Franklin Covey Co. – Key offerings

                                Exhibit 61:  Franklin Covey Co. – Segment focus

                10.8      GP Strategies Corp.    

                                Exhibit 62:  GP Strategies Corp. – Overview

                                Exhibit 63:  GP Strategies Corp. – Business segments

                                Exhibit 64:  GP Strategies Corp. – Key news

                                Exhibit 65:  GP Strategies Corp. – Key offerings

                                Exhibit 66:  GP Strategies Corp. – Segment focus

                10.9      John Wiley and Sons Inc.          

                                Exhibit 67:  John Wiley and Sons Inc. – Overview

                                Exhibit 68:  John Wiley and Sons Inc. – Business segments

                                Exhibit 69:  John Wiley and Sons Inc. – Key news

                                Exhibit 70:  John Wiley and Sons Inc. – Key offerings

                                Exhibit 71:  John Wiley and Sons Inc. – Segment focus

                10.11      NIIT Ltd.       

                                Exhibit 72:  NIIT Ltd. – Overview

                                Exhibit 73:  NIIT Ltd. – Business segments

                                Exhibit 74:  NIIT Ltd.– Key news

                                Exhibit 75:  NIIT Ltd. – Key offerings

                                Exhibit 76:  NIIT Ltd. – Segment focus

                10.11      Skillsoft Ltd.

                                Exhibit 77:  Skillsoft Ltd. – Overview

                                Exhibit 78:  Skillsoft Ltd. – Product and service

                                Exhibit 79:  Skillsoft Ltd.– Key news

                                Exhibit 80:  Skillsoft Ltd. – Key offerings

                10.12      Wilson Learning Worldwide Inc.         

                                Exhibit 81:  Wilson Learning Worldwide Inc.  – Overview

                                Exhibit 82:  Wilson Learning Worldwide Inc.  – Product and service

                                Exhibit 83:  Wilson Learning Worldwide Inc.  – Key offerings

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market Definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 84: Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 85: Research Methodology

                                Exhibit 86: Validation techniques employed for market sizing

                                Exhibit 87: Information sources

                11.4 List of abbreviations        

                                Exhibit 88: List of abbreviations

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