TRAINING MARKET ANALYSIS

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)

Published In : Jun 2023
Code : CMI2811
Pages :251
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

Global TRAINING Market: Regional Insights

North America accounted for 35.2% of the revenue share in the global training market in 2022. The market in India is expected to grow at a significant rate over the forecast period, followed by rest of Asia Pacific. This growth is attributed to growing adoption of learning management systems across the globe to gain better returns on investment made in talent development, employee training, and other similar programs.

The Asia Pacific market is witnessing high growth due to increasing demand for cost effective learning management solutions. Moreover, an increase in the number of start-ups operating in the e-learning industry has aided growth of the training market in this region. There has also been a marked shift from traditional methods to technology driven methods in the past few years. For instance, in 2013, Oracle introduced 'Oracle Learn Cloud 13A' with advanced training management and delivery features in the Asia Pacific region.