CORPORATE WORKFORCE DEVELOPMENT TRAINING MARKET ANALYSIS

Market Challenges And Opportunities

Factors Driving Growth of the Global Corporate Workforce Development Training Market

Organizations across the globe are adopting many computer languages to speed up the input and output processes of machines. Moreover, organizations, mainly consulting companies, are adopting computer languages such as python, and R for data processing, manipulation, and visualization. These programming languages increase the programming speed as they contain many libraries and extensions, and add features such as a number of graphical libraries, and a wide number of array packages. Implementation of new languages by organizations is fuelling the adoption of corporate workforce development training. This includes training in various computer languages such as JavaScript, Java, C#, C++, and ruby.

Moreover, the growing IT industry is expected to drive the adoption of corporate workforce training in the IT industry. Technical workforce training includes training for various IT languages such as C, C++, Java, and Python. Organizations provide training to their employees depending on their roles and responsibility. For instance, according to India Brand Equity Foundation, The IT-BPM (business process management) sector in India stood at US$ 177 billion in 2019 witnessing a growth of 6.1% year-on-year and it is estimated that the size of the industry will grow to US$ 350 billion by 2025.