Corporate training market in Europe to grow at a CAGR of 7.31% from 2021 to 2026: Digitization of learning materials will drive growth - Technavio

NEW YORK, March 29, 2023 /PRNewswire/ -- The size of the corporate training market in Europe is estimated to grow by USD 11.79 billion from 2021 to 2026. The growth momentum of the market will accelerate at a CAGR of 7.31%, according to Technavio. The market growth will be driven by various factors, including digitization of learning materials, growth of enterprises, and the emergence of cost-effective e-learning training modules. Advances in technology have resulted in the adoption of cloud-based services such as corporate training and CMS. Online platforms enable employees to take part in training programs effectively to boost productivity. By using these platforms, employees can save their time and money in reskilling themselves, unlike conventional training sessions that are more time-consuming. These factors will facilitate market growth during the forecast period. To learn more about the corporate training market share in Europe, request a sample report

Corporate training market in Europe - Key challenges

• Technical constraints in implementing corporate training
• Lack of effective metrics
• Increasing competition from the unorganized sector

Drivers and challenges have an impact on market, which can impact businesses. Find some insights from a sample report!

Corporate training market in Europe ? Segmentation analysis

The market is segmented by product (technical course and non-technical course) and geography (Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe). The technical course segment will account for a significant share of the market growth during the forecast period. Technical courses provide training on the fundamental aspects of applications, technology, service tactics, and sales. The technical skills of employees directly impact their productivity. They need to stay updated on the latest technologies to improve their career prospects. The demand for technical courses from the automotive, oil and gas, and manufacturing sectors in Europe is high. These factors are expected to boost the demand for technical training in Europe during the forecast period.

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Corporate training market in Europe ? Vendor insights -

This report offers information about more than 15 vendors, including Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., and Skillsoft Ltd., among others

The growing competition in the market is compelling vendors to adopt various growth strategies such as collaborations, partnerships, and mergers and acquisitions. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Adobe Inc. - The company offers corporate training by job roles, such as Content Author, System Architect, and System Administrator.
• Articulate Global Inc. - The company offers corporate training through its digital learning platform named Articulate 360.
• Cisco Systems Inc. - The company offers corporate training such as Cisco Digital Learning and Training Bootcamps.
• City and Guilds Group - The company offers corporate training, such as Totara Learn, Totara Perform, and Totara Engage, through its subsidiary KINEO.
• D2L Corp. - The company offers a learning platform named D2L Brightspace, designed for corporate learning.

The report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the corporate training market in Europe between 2022 and 2026
• Precise estimation of the size of the corporate training market in Europe and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of vendors

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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 Country Market Characteristics
• Exhibit 04: Executive Summary ? Chart on Market by Geography
• Exhibit 05: Executive Summary ? Chart on Market Segmentation by Product
• 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 Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 14: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)
• Exhibit 15: Chart on Europe: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Regional - Market size and forecast 2021-2026 ($ billion)

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 Product

• 5.1 Market segments 
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Technical course - Market size and forecast 2021-2026
• Exhibit 28: Chart on Technical course - Market size and forecast 2021-2026 ($ billion)
• Exhibit 29: Data Table on Technical course - Market size and forecast 2021-2026 ($ billion)
• Exhibit 30: Chart on Technical course - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Technical course - Year-over-year growth 2021-2026 (%)

• 5.4 Non-technical course - Market size and forecast 2021-2026
• Exhibit 32: Chart on Non-technical course - Market size and forecast 2021-2026 ($ billion)
• Exhibit 33: Data Table on Non-technical course - Market size and forecast 2021-2026 ($ billion)
• Exhibit 34: Chart on Non-technical course - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Non-technical course - Year-over-year growth 2021-2026 (%)

• 5.5 Market opportunity by Product 
• Exhibit 36: Market opportunity by Product ($ billion)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
• Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 40: Chart on Geographic comparison
• Exhibit 41: Data Table on Geographic comparison

• 7.3 Western Europe - Market size and forecast 2021-2026
• Exhibit 42: Chart on Western Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 43: Data Table on Western Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 44: Chart on Western Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 45: Data Table on Western Europe - Year-over-year growth 2021-2026 (%)

• 7.4 Nordic Countries - Market size and forecast 2021-2026
• Exhibit 46: Chart on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 47: Data Table on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
• Exhibit 48: Chart on Nordic Countries - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on Nordic Countries - Year-over-year growth 2021-2026 (%)

• 7.5 Southern Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Southern Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 51: Data Table on Southern Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 52: Chart on Southern Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Southern Europe - Year-over-year growth 2021-2026 (%)

• 7.6 Central and Eastern Europe - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 55: Data Table on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
• Exhibit 56: Chart on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)

• 7.7 Market opportunity by geography 
• Exhibit 58: Market opportunity by geography ($ billion)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 59: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 60: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 61: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 62: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 63: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 64: Matrix on vendor position and classification

• 10.3 Adobe Inc. 
• Exhibit 65: Adobe Inc. - Overview
• Exhibit 66: Adobe Inc. - Business segments
• Exhibit 67: Adobe Inc. - Key news
• Exhibit 68: Adobe Inc. - Key offerings
• Exhibit 69: Adobe Inc. - Segment focus

• 10.4 Articulate Global Inc. 
• Exhibit 70: Articulate Global Inc. - Overview
• Exhibit 71: Articulate Global Inc. - Product / Service
• Exhibit 72: Articulate Global Inc. - Key offerings

• 10.5 Cisco Systems Inc. 
• Exhibit 73: Cisco Systems Inc. - Overview
• Exhibit 74: Cisco Systems Inc. - Business segments
• Exhibit 75: Cisco Systems Inc. - Key news
• Exhibit 76: Cisco Systems Inc. - Key offerings
• Exhibit 77: Cisco Systems Inc. - Segment focus

• 10.6 City and Guilds Group 
• Exhibit 78: City and Guilds Group - Overview
• Exhibit 79: City and Guilds Group - Product / Service
• Exhibit 80: City and Guilds Group - Key offerings

• 10.7 D2L Corp. 
• Exhibit 81: D2L Corp. - Overview
• Exhibit 82: D2L Corp. - Product / Service
• Exhibit 83: D2L Corp. - Key news
• Exhibit 84: D2L Corp. - Key offerings

• 10.8 Franklin Covey Co. 
• Exhibit 85: Franklin Covey Co. - Overview
• Exhibit 86: Franklin Covey Co. - Business segments
• Exhibit 87: Franklin Covey Co. - Key offerings
• Exhibit 88: Franklin Covey Co. - Segment focus

• 10.9 John Wiley and Sons Inc. 
• Exhibit 89: John Wiley and Sons Inc. - Overview
• Exhibit 90: John Wiley and Sons Inc. - Business segments
• Exhibit 91: John Wiley and Sons Inc. - Key offerings
• Exhibit 92: John Wiley and Sons Inc. - Segment focus

• 10.10 Korn Ferry 
• Exhibit 93: Korn Ferry - Overview
• Exhibit 94: Korn Ferry - Business segments
• Exhibit 95: Korn Ferry - Key offerings
• Exhibit 96: Korn Ferry - Segment focus

• 10.11 Learning Technologies Group Plc 
• Exhibit 97: Learning Technologies Group Plc - Overview
• Exhibit 98: Learning Technologies Group Plc - Business segments
• Exhibit 99: Learning Technologies Group Plc - Key news
• Exhibit 100: Learning Technologies Group Plc - Key offerings
• Exhibit 101: Learning Technologies Group Plc - Segment focus

• 10.12 Skillsoft Ltd. 
• Exhibit 102: Skillsoft Ltd. - Overview
• Exhibit 103: Skillsoft Ltd. - Product / Service
• Exhibit 104: Skillsoft Ltd. - Key offerings

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 105: Inclusions checklist
• Exhibit 106: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 107: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 108: Research methodology
• Exhibit 109: Validation techniques employed for market sizing
• Exhibit 110: Information sources

• 11.5 List of abbreviations 
• Exhibit 111: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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