Corporate Leadership Training Market: 7.87% Y-O-Y Growth Rate in 2022 | Market Share, Size, Global Industry Analysis, Demand, Trends, Future Growth and Forecast to 2026 | Articulate Global Inc., BTS Group AB, D2L Corp., and More

NEW YORK, July 6, 2022 /PRNewswire/ -- One of the key factors driving the Global Corporate Leadership Training Market growth is the increased spending on corporate leadership training. Organizations are increasingly spending on leadership training year-over-year, as it is more cost-effective for a company to fill senior positions from within its hierarchy than hire an external resource. Organizations have started to invest in leadership training for their own employees to groom them as leaders. To increase the agility of the company to cope with the rapidly changing business environment, organizations are required to train their employees. Companies with strategic leadership development programs can respond rapidly when faced with an unpredictable business environment. Sophisticated leadership training programs also help in the development of a rich pipeline of talent, which accounts for increased spending on corporate leadership training among organizations.

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The Corporate Leadership Training Market value is set to grow by USD 18.59 billion, progressing at a CAGR of 9.51% from 2021 to 2026, as per the latest report by Technavio.

Some of the Key Topics Covered in the Report Include

Key Market Trend

  • Emergence of gamification in corporate training is one of the key corporate leadership training market trends that is expected to impact the industry positively in the forecast period. Many companies find it difficult to convince employees to attend training programs, including corporate leadership training programs. These challenges have paved the way for innovations such as gaming technology in the global corporate leadership training market. Gamification is an emerging trend and the results post-training are fruitful for an organization. The introduction of gamification in corporate leadership training encourages friendly competition and a spirit of achievement, enhances user engagement, and brings about considerable behavioral changes. Gamification increases the participation and engagement levels of employees. An increasing number of companies adopting corporate leadership training programs through gamification will further support the market growth in the coming years.

Major Market Challenge

  • One of the key challenges to the global corporate leadership training market growth is the intense competition among vendors. The market witness's intense competition, with relatively easy entry of new vendors. The vendors regularly introduce new programs and services to have a competitive edge in the market and render the existing programs and services obsolete. The entry barriers to the market are not very strict, therefore, there is a possibility for many small and regional players to enter the market. But these small vendors face the challenge of effective implementation of training programs. With e-learning being an emerging trend, infrastructure and technical expertise are mandatory for the effective implementation of online training programs. The intense competition may hamper the revenue and the market growth in the coming years.

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Corporate Leadership Training Market: Regional Analysis & Forecasts

The market is segmented by Geography (North America, Europe, APAC, South America, and Middle East and Africa). 41% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for corporate leadership training in North America. Market growth in this region will be faster than the growth of the market in South America, Europe, and MEA. The significant increase in spending by MNCs on leadership training programs will facilitate the corporate leadership training market growth in North America over the forecast period. 

Corporate Leadership Training Market: Segmentation Analysis & Forecasts

The market is segmented by Application (online training, ILT, and blended training). The corporate leadership training market share growth by the online training segment will be significant during the forecast period. The multiple benefits of online training will be fueling the growth of the global corporate leadership market in the forecast years. Some of them are as follows - Flexibility in training services, Low-cost training, and Training with increased access to experts

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Corporate Leadership Training Market: Vendor Landscape

  • Allen Communication Learning Services
  • Articulate Global Inc.
  • Bauer Media Group Inc.
  • BTS Group AB
  • City and Guilds Group
  • Computer Generated Solutions Inc.
  • D2L Corp.
  • Development Dimensions International Inc.
  • Franklin Covey Co.
  • Future London Accademy Ltd.
  • GBS Corporate Training Ltd.
  • Global Training Solutions Inc.
  • Interaction Associates Inc.
  • Korn Ferry
  • Learning Technologies Group Plc
  • MPS Ltd.
  • New Horizons Computer Learning Centers Inc.
  • NIIT Ltd.
  • Skillsoft Ltd.
  • Wilson Learning Worldwide Inc.

The corporate leadership training market is fragmented and the vendors are deploying growth strategies such as technological and product innovation to compete in the market.

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Related Reports

Corporate Training Market by Product and Geography - Forecast and Analysis 2020-2024: The corporate training market share is expected to increase by USD 40.21 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 7.97%. The emergence of cost-effective e-learning training modules is notably driving the market growth, although factors such as budgetary concerns may impede market growth. Find More Research Insights Here

Corporate Training Market in Latin America by Product and Application - Forecast and Analysis 2021-2025: The corporate training market size in Latin America has the potential to grow by USD 2.95 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 7.86%.  The market share growth by the technical training segment will be significant during the forecast period. Find More Research Insights Here

Corporate Leadership Training Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.51%

Market growth 2022-2026

$ 18.59 billion

Market structure

Fragmented

YoY growth (%)

7.87

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key consumer countries

US, Canada, India, UK, and Germany

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Allen Communication Learning Services, Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., D2L Corp., Development Dimensions International Inc., Franklin Covey Co., Future London Accademy Ltd., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn Ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers 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

  • 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 Application
    • 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 Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
  • 5.2 Comparison by Application
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Online training - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Online training - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Online training - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Online training - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Online training - Year-over-year growth 2021-2026 (%)
  • 5.4 ILT - Market size and forecast 2021-2026
    • Exhibit 32: Chart on ILT - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on ILT - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on ILT - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on ILT - Year-over-year growth 2021-2026 (%)
  • 5.5 Blended training - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Blended training - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Blended training - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Blended training - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Blended training - Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 APAC - Market size and forecast 2021-2026
    • Exhibit 54: Chart on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC - Year-over-year growth 2021-2026 (%)
  • 7.6 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 (%)
  • 7.7 Middle East and Africa - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
  • 7.8 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.9 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 (%)
  • 7.10 India - Market size and forecast 2021-2026
    • Exhibit 74: Chart on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on India - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on India - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on India - Year-over-year growth 2021-2026 (%)
  • 7.11 Germany - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.12 Canada - Market size and forecast 2021-2026
    • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography
    • Exhibit 86: 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 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Allen Communication Learning Services
    • Exhibit 93: Allen Communication Learning Services - Overview
    • Exhibit 94: Allen Communication Learning Services - Product / Service
    • Exhibit 95: Allen Communication Learning Services - Key offerings
  • 10.4 Articulate Global Inc.
    • Exhibit 96: Articulate Global Inc. - Overview
    • Exhibit 97: Articulate Global Inc. - Product / Service
    • Exhibit 98: Articulate Global Inc. - Key offerings
  • 10.5 City and Guilds Group
    • Exhibit 99: City and Guilds Group - Overview
    • Exhibit 100: City and Guilds Group - Product / Service
    • Exhibit 101: City and Guilds Group - Key offerings
  • 10.6 D2L Corp.
    • Exhibit 102: D2L Corp. - Overview
    • Exhibit 103: D2L Corp. - Product / Service
    • Exhibit 104: D2L Corp. - Key news
    • Exhibit 105: D2L Corp. - Key offerings
  • 10.7 Franklin Covey Co.
    • Exhibit 106: Franklin Covey Co. - Overview
    • Exhibit 107: Franklin Covey Co. - Business segments
    • Exhibit 108: Franklin Covey Co. - Key offerings
    • Exhibit 109: Franklin Covey Co. - Segment focus
  • 10.8 Interaction Associates Inc.
    • Exhibit 110: Interaction Associates Inc. - Overview
    • Exhibit 111: Interaction Associates Inc. - Product / Service
    • Exhibit 112: Interaction Associates Inc. - Key offerings
  • 10.9 Korn Ferry
    • Exhibit 113: Korn Ferry - Overview
    • Exhibit 114: Korn Ferry - Business segments
    • Exhibit 115: Korn Ferry - Key offerings
    • Exhibit 116: Korn Ferry - Segment focus
  • 10.10 Learning Technologies Group Plc
    • Exhibit 117: Learning Technologies Group Plc - Overview
    • Exhibit 118: Learning Technologies Group Plc - Business segments
    • Exhibit 119: Learning Technologies Group Plc - Key news
    • Exhibit 120: Learning Technologies Group Plc - Key offerings
    • Exhibit 121: Learning Technologies Group Plc - Segment focus
  • 10.11 Skillsoft Ltd.
    • Exhibit 122: Skillsoft Ltd. - Overview
    • Exhibit 123: Skillsoft Ltd. - Product / Service
    • Exhibit 124: Skillsoft Ltd. - Key offerings
  • 10.12 Wilson Learning Worldwide Inc.
    • Exhibit 125: Wilson Learning Worldwide Inc. - Overview
    • Exhibit 126: Wilson Learning Worldwide Inc. - Product / Service
    • Exhibit 127: Wilson Learning Worldwide Inc. - Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations
    • Exhibit 134: List of abbreviations
  • The global education services market is at a crossroads with the positive impact of technological advances such as online education, the implementation of AR and VR in teaching methods, and the use of interactive whiteboards. On the other hand, data and security issues and low digital literacy rates are having a negative impact on the growth of the market. The combined impact of these factors will lead to high growth in the global education services market.
  • Education: Includes technical education, language learning, test preparation services, tutoring services, makerspaces, vocational training, and distance learning courses and certifications.
  • Emphasis on Mobile Learning: The increasing use of smartphones is encouraging education service providers to introduce mobile learning modules. Mobile learning has several advantages, such as flexibility and convenience. Therefore, users can schedule and complete the course/training according to their convenience. Mobile learning is also an experience of personalized learning as users can take training as per their requirements.
  • Digital Literacy Rates: Educational hardware and software have not been realized in tandem with the availability of trained staff in educational institutions. Institutions find it difficult to integrate technology into business processes. This is because of the inability of the faculty and administrators to understand applications and optimal use. The deployment of these applications alone by colleges and universities is not enough.
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