Compliance Training Market for Financial Institutions in the United States 2018-2022: Increasing Emphasis on the Use of Analytics & Mobile-Based Training - ResearchAndMarkets.com

The "Compliance Training Market for Financial Institutions in the US 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The compliance training market for financial institutions in the US to grow at a CAGR of 15.29% during the period 2018-2022.

Compliance Training Market for Financial Institutions in the US 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is increasing emphasis on the use of analytics. The increasing emphasis on the use of analytics is identified to be one of the key trends driving the growth of the compliance training market for financial institutions in the US till the end of 2022. Owing to the growing popularity of analytics, numerous institutions are steadily adopting tools for analytics and effective report.

According to the report, one driver in the market is increasing emphasis on mobile-based training. Corporate organizations are adopting flexible policies such as bring your own device (BYOD) and company owned-personally enabled (COPE). In the BFSI industry, employees must be aware about the compliance concerns about digital operations, sharing, and management of confidential internal and external data.

Further, the report states that one challenge in the market is high cost of developing courses. One of the major challenges hindering the growth of the market is the high cost associated with the development and delivery of compliance training course modules.

Key vendors