Training Market

Training Market, By Training Type (Online, Offline, Classroom), By Industry (Government, Pulp & Paper, Oil & Gas, Chemicals & Petrochemicals, Pharmaceuticals, Mining, Power & Utilities, Aerospace, Others), By Method (Computer-based Training, Distance Learning, Learning Management System, App-based Learning, CD-distribution based Learning, Mentoring/Coaching Based Learning, Table-top Exercise Based Learning, Train the Trainer, Learning Methods that are Annuitized, Video/Audio Tape, Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Training is teaching or developing one’s skillsets and knowledge that relate to specific useful competencies. Training has a specific goal of improving person’s capabilities, productivity, and performance. By properly training their employees, organizations can benefit in terms of high productivity and low maintenance costs. Additionally, various types of training are available such as classroom, online, and offline.

Market Dynamics:

Market Drivers: Increasing Preference for Learning Management Systems (LMS)

Learning management system (LMS) is also known as virtual learning system or learning content management system. LMS is a web application that is used to assess learning processes. Learning management system helps trainers in creating and delivering content, track learner participation, and assess performance. LMS offers various interactive features such as video conferencing, threaded discussions, and discussion forums. Many enterprises are shifting from conventional classroom training to e-Learning as it can be convenient and cost-effective.

LMS can be deployed on any platform such as cloud-based, desktop application, self-hosted, and mobile application. Cloud-based LMS is most widely used by enterprises as it can be accessed by learners at anytime, anywhere just by logging into a web portal and accessing all the features of cloud-based learning management system.

Key features of the study:

This report provides in-depth analysis of the global Training market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global training market market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

The global training market market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global training market market

Detailed Segmentation:

Global Training Market, By Training Type:

Online

Offline

Classroom

Global Training Market, By Industry:

Government

Pulp & Paper

Oil & Gas

Chemicals & Petrochemicals

Pharmaceuticals

Mining

Power & Utilities

Aerospace

Others

Global Training Market, By Method:

Computer-based Training

Distance Learning

Learning Management System

App-based Learning

CD-distribution based Learning

Mentoring/Coaching Based Learning

Table-top Exercise Based Learning

Train the Trainer

Learning Methods that are Annuitized

Video/Audio Tape

Others

Global Training Market, By Geography

North America

Europe

Asia-Pacific

Latin America

Middle East & Africa

Company Profiles:

Skillsoft Limited

Company Highlights

Key Developments

Product Portfolio

Market Presence

Strategic Presence

Safety Media

GP Strategies Corp.

UL EHS Sustainability

PRYOR Learning Solutions

Raytheon Company

DuPont Sustainable Solutions

com, Inc.

SAP Litmos

Vector Solutions

Global Training Solutions, Inc.

Cornerstone onDemand

Petroskills

Euro Petroleum Consultants Ltd [EPC]