Albany, NY -- (SBWIRE) -- 04/02/2015 -- Corporate training is an integral part of a successful organization's discretionary budget. The primary objective of corporate training is to reduce the capability gaps, both technical and non-technical, followed by grooming eligible employees to move up a company's hierarchy. Increase in amount of trade and business has intensified competition and pushed organizations for business diversification regionally and internationally. This kind of expansion necessitated the need for proper training and development of workforce. Hence, it presents opportunity for the training solution providers to offer products and services related to training. The scope for training is widening with the adoption of such products by SMBs along with large organizations. Traditionally, training programs were designed only for the IT sector, but now the scenario is changing and other sectors have started adopting training programs for employees. Also, training programs are finding applications in managerial and leadership development, which is expected to further expand the market.

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Global Corporate Training market to grow at a CAGR of 8.77 percent over the period 2014-2019.

Covered in this Report
This report covers the present scenario and the growth prospects of the Global Corporate Training market during the period 2015-2019. To calculate the market size, the report considers revenue generated through the sales of training products and related services for a fee or subscription. Also, the report considers training programs offered via online and offline mediums to calculate the market size. However, the market size does not take into account the internal costs incurred by companies operating in this market for training their employees. As such, only the expenditure made by companies on availing outside services is considered for calculating the market size.

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

Key Regions
Americas
APAC
Europe
ROW

Key Vendors
GP Strategies
HP
Miller Heiman
Net Dimensions
Skillsoft

Other Prominent Vendors
Allen Interactions
Aptara
Articulate
Computer Generated Solutions
Desire2Learn
Global Training Solutions
Interaction Associates
New Horizons Worldwide
NIIT
Pearson
QA
Tata Interactive Systems
Technology Transfer Services
Wilson Learning Worldwide

Market Driver
Need for Skill Development
For a full, detailed list, view our report

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Market Challenge
Effectiveness of Training Programs/Post-training Support
For a full, detailed list, view our report

Market Trend
Advances in Corporate Learning Technology
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?

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