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Corporate Training Market in the US to Grow at a CAGR of 7.81% During 2014-2019; Finds New Report

Market Research Reports, Inc. has announced the addition of “Corporate Training Market in the US 2015-2019” research report to their website


Lewes, DE -- (SBWIRE) -- 08/26/2015 -- Report forecast the corporate training market in the US to grow at a CAGR of 7.81% in terms of revenue over the period 2014-2019.

Corporate training is an integral part of a successful organization's discretionary budget. The primary objective of this training is to reduce gaps in the capabilities of the workforce, both technical and non-technical, as well as to groom eligible employees to move up the company's hierarchy. Intense competition has pushed organizations to diversify regionally and internationally, increasing the need for proper training and development of the workforce. The scope of the market is widening with the adoption and implementation of such products by SMBs and large organizations at the managerial and leadership levels.

This report covers the present scenario and the growth prospects of the corporate training market in the US for the period 2015-2019. To calculate the market size, the report considers revenue generated from corporate training across various regions worldwide.

Corporate Training Market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US; it also covers the landscape of the corporate training market in the US and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, the market is flourishing because of government policies to promote training activities by corporates. This phenomenon is observed primarily in developed economies such as the US to enhance employability and reduce lay-offs by companies. For instance, in the US, the Department of Labor's ETA provides funds for training programs undertaken by the youth and dislocated workers. Another instance of training solutions being facilitated by favorable government initiatives is noted in Georgia where Governor Sonny Perdue initiated the creation of the Be Work Ready campaign to enable job seekers to improve their skills through gap training and earn a Work Ready certificate. The certificate is based on the score of the key job skills assessment, and is similar to the ACT National Career Readiness Certificate.

Key players in the Corporate Training Market in the US: GP Strategies, HP, Miller Heiman and Skillsoft

Other Prominent Vendors in the market are: Allen Interactions, Aptara, Articulate, Computer Generated Solutions, Interaction Associates, New Horizons Worldwide, Pearson and Technology Transfer Services

Market Driver
- Growing Adoption of E-learning Training Solutions
- For a full, detailed list, view our report

Market Challenge
- Lack of Coordination and Planning in Learning Structure
- For a full, detailed list, view our report

Market Trend
- Government Initiatives to Boost Training
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 75 pages "Corporate Training Market in the US 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Global Corporate Training Market, Corporate Training Market in the US, Market Segmentation by Product, Market Segmentation by Enrollment Type, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Market Trends, Impact of Drivers and Challenges, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

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