CORPORATE WORKFORCE DEVELOPMENT TRAINING MARKET ANALYSIS
Regional Analysis of the Global Corporate Workforce Development Training Market
On the basis of region, the global corporate workforce development training market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East, and Africa.
In 2018, the North America region accounted for the largest share in the corporate workforce development training market, and it is expected to retain its dominance during the forecast period owing to presence of companies such as Google, Microsoft, and IBM. For instance, according to Coherent Market Insights' analysis, in 2020, the global IT industry is expected to reach US$ 5.18 trillion, and the U.S. is expected to hold the largest share of around 31% in 2020. This is expected to facilitate growth of the market over the forecast period in North America.
Asia Pacific is also expected to witness significant growth during the forecast period. The growth in this region is mainly attributed to rising adoption of cloud-based solutions, and rising investment in technology in emerging economies such as India and China.
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