Corporate Leadership Training Market size to grow by USD 18.59 billion from 2021 to 2026, Driven by the increased spending on corporate leadership training – Technavio

NEW YORK, April 7, 2023 /PRNewswire/ — The global corporate leadership training market size is estimated to increase by USD 18.59 billion from 2021 to 2026. The market’s growth momentum will progress at a CAGR of  9.51% during the forecast period. The increased spending on corporate leadership training will be a major driver for the growth of the market during the forecast period. Corporate leadership training can help organizations fill senior positions from within their hierarchy rather than hiring an external resource. Hence, companies increasingly invest in leadership training for their employees to groom them as leaders. Employees should be trained to cope with the rapidly changing business environment. Companies with strategic leadership development programs are able to respond quickly when faced with an unpredictable business environment. A rich pipeline of talent is developed through sophisticated leadership training programs, which increases the spending on corporate leadership training among organizations. Here is an exclusive report about market scenarios with the forecast period (2022-2026). Download a Sample Report!

The report on the corporate leadership training market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. 

The corporate leadership training market covers the following areas:

Corporate Leadership Training Market Sizing
Corporate Leadership Training Market Forecast
Corporate Leadership Training Market Analysis

Corporate Leadership Training Market 2022-2026 – Market Dynamics

Key Trends – 

The emergence of gamification in corporate training is a key trend in the global corporate leadership training market. Companies find it difficult to convince employees to attend training programs. This challenge has paved the way for innovations such as gaming technology in the global corporate leadership training market. The introduction of gamification in corporate leadership training encourages increased participation, friendly competition, and a spirit of achievement. It also enhances user engagement among employees, thus bringing about considerable behavioral changes. Therefore, an increasing number of companies are adopting corporate leadership training programs through gamification, which will further support market growth during the forecast period.

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Major challenges – 

The cyber threats and security issues associated with online training are primary challenges impeding the growth of the corporate leadership training market. Due to the rapid digitization and technological revolution, corporate leadership training through online platforms has evolved. Vendor facilities and systems associated with e-learning are vulnerable to cyber threats, computer viruses, misplacement or loss of data, intellectual property violations, and programming or human errors. Confidential information regarding clients or software could imply legal and financial loss if accessed by unauthorized persons. There is considerably a high risk of misuse of personal information such as user phone numbers, IP addresses, email IDs, and other significant information. Hence, protecting client data is a major challenge for vendors.

Drivers, trends, and challenges have an impact on market dynamics, which can impact
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Corporate Leadership Training Market 2022-2026: Market Segmentation

Technavio has segmented the market based on application (online training, ILT, and blended training) and geography (North America, Europe, APAC, South America, and Middle East and Africa). 

  • The market share growth by the online training segment will be significant during the forecast period. The various benefits of online training will fuel the growth of the global corporate leadership market during the forecast period. Key players in the market, such as Dale Carnegie and Associates and Franklin Covey, have adopted online training methods. Companies give awards or certificates post successful completion of the training in order to increase participation and motivation.

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Companies Mentioned

  • D2L Corp.
  • Articulate Global Inc.
  • Bauer Media Group Inc.
  • BTS Group AB
  • City and Guilds Group
  • Computer Generated Solutions Inc.
  • Development Dimensions International Inc.
  • Allen Communication Learning Services
  • Franklin Covey Co.
  • Future London Accademy Ltd.
  • GBS Corporate Training Ltd.
  • Global Training Solutions Inc.
  • Interaction Associates Inc.
  • Korn Ferry
  • Learning Technologies Group Plc
  • MPS Ltd.
  • New Horizons Computer Learning Centers Inc.
  • NIIT Ltd.
  • Skillsoft Ltd.
  • Wilson Learning Worldwide Inc.

Vendor Offerings

  • Allen Communication Learning Services – The company offers high-performance leadership skills training across all levels of management, such as front-line managers, matrix leaders, senior leaders, and executives.
  • Articulate Global Inc. – The company offers corporate leadership training, such as Live and On Demand Online Training, through its Articulate 360 platform.
  • City and Guilds Group – The company offers leadership, coaching, and management qualifications and training through its subsidiary ILM. 

What are the key data covered in this Corporate Leadership Training Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the corporate leadership training market between 2022 and 2026
  • Precise estimation of the size of the corporate leadership training market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the corporate leadership training market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth in the corporate leadership training market vendors

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The corporate blended learning market is estimated to grow at a CAGR of 12.68% between 2022 and 2027, and the size of the market is forecasted to increase by USD 36,284.86 million. The application of eye-tracking in corporate training is one of the key trends influencing market growth.

Corporate Leadership Training Market Scope

Report Coverage

Details

Base year

2021

Historic period

2017-2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 9.51%

Market growth 2022-2026

USD 18.59 billion

Market structure

Fragmented

YoY growth 2022-2023(%)

7.87

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 41%

Key countries

US, Canada, India, UK, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

D2L Corp., Articulate Global Inc., Bauer Media Group Inc., BTS Group AB, City and Guilds Group, Computer Generated Solutions Inc., Development Dimensions International Inc., Allen Communication Learning Services, Franklin Covey Co., Future London Accademy Ltd., GBS Corporate Training Ltd., Global Training Solutions Inc., Interaction Associates Inc., Korn Ferry, Learning Technologies Group Plc, MPS Ltd., New Horizons Computer Learning Centers Inc., NIIT Ltd., Skillsoft Ltd., and Wilson Learning Worldwide Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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 Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • 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 Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global – Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

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 Application

  • 5.1 Market segments
    • Exhibit 24: Chart on Application – Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Application – Market share 2021-2026 (%)
  • 5.2 Comparison by Application 
    • Exhibit 26: Chart on Comparison by Application
    • Exhibit 27: Data Table on Comparison by Application
  • 5.3 Online training – Market size and forecast 2021-2026 
    • Exhibit 28: Chart on Online training – Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Online training – Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Online training – Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Online training – Year-over-year growth 2021-2026 (%)
  • 5.4 ILT – Market size and forecast 2021-2026 
    • Exhibit 32: Chart on ILT – Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on ILT – Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on ILT – Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on ILT – Year-over-year growth 2021-2026 (%)
  • 5.5 Blended training – Market size and forecast 2021-2026 
    • Exhibit 36: Chart on Blended training – Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Blended training – Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Blended training – Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Blended training – Year-over-year growth 2021-2026 (%)
  • 5.6 Market opportunity by Application 
    • Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview 
    • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation 
    • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison 
    • Exhibit 44: Chart on Geographic comparison
    • Exhibit 45: Data Table on Geographic comparison
  • 7.3 North America – Market size and forecast 2021-2026 
    • Exhibit 46: Chart on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 47: Data Table on North America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 48: Chart on North America – Year-over-year growth 2021-2026 (%)
    • Exhibit 49: Data Table on North America – Year-over-year growth 2021-2026 (%)
  • 7.4 Europe – Market size and forecast 2021-2026 
    • Exhibit 50: Chart on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on Europe – Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on Europe – Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on Europe – Year-over-year growth 2021-2026 (%)
  • 7.5 APAC – Market size and forecast 2021-2026 
    • Exhibit 54: Chart on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on APAC – Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on APAC – Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on APAC – Year-over-year growth 2021-2026 (%)
  • 7.6 South America – Market size and forecast 2021-2026 
    • Exhibit 58: Chart on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on South America – Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on South America – Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on South America – Year-over-year growth 2021-2026 (%)
  • 7.7 Middle East and Africa – Market size and forecast 2021-2026 
    • Exhibit 62: Chart on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Middle East and Africa – Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Middle East and Africa – Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Middle East and Africa – Year-over-year growth 2021-2026 (%)
  • 7.8 US – Market size and forecast 2021-2026 
    • Exhibit 66: Chart on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US – Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US – Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US – Year-over-year growth 2021-2026 (%)
  • 7.9 UK – Market size and forecast 2021-2026 
    • Exhibit 70: Chart on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on UK – Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on UK – Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on UK – Year-over-year growth 2021-2026 (%)
  • 7.10 India – Market size and forecast 2021-2026 
    • Exhibit 74: Chart on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on India – Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on India – Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on India – Year-over-year growth 2021-2026 (%)
  • 7.11 Germany – Market size and forecast 2021-2026 
    • Exhibit 78: Chart on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Germany – Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Germany – Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Germany – Year-over-year growth 2021-2026 (%)
  • 7.12 Canada – Market size and forecast 2021-2026 
    • Exhibit 82: Chart on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on Canada – Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on Canada – Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on Canada – Year-over-year growth 2021-2026 (%)
  • 7.13 Market opportunity by geography 
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges 
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors 
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Allen Communication Learning Services 
    • Exhibit 93: Allen Communication Learning Services – Overview
    • Exhibit 94: Allen Communication Learning Services – Product / Service
    • Exhibit 95: Allen Communication Learning Services – Key offerings
  • 10.4 Articulate Global Inc. 
    • Exhibit 96: Articulate Global Inc. – Overview
    • Exhibit 97: Articulate Global Inc. – Product / Service
    • Exhibit 98: Articulate Global Inc. – Key offerings
  • 10.5 City and Guilds Group 
    • Exhibit 99: City and Guilds Group – Overview
    • Exhibit 100: City and Guilds Group – Product / Service
    • Exhibit 101: City and Guilds Group – Key offerings
  • 10.6 D2L Corp.
    • Exhibit 102: D2L Corp. – Overview
    • Exhibit 103: D2L Corp. – Product / Service
    • Exhibit 104: D2L Corp. – Key news
    • Exhibit 105: D2L Corp. – Key offerings
  • 10.7 Franklin Covey Co.
    • Exhibit 106: Franklin Covey Co. – Overview
    • Exhibit 107: Franklin Covey Co. – Business segments
    • Exhibit 108: Franklin Covey Co. – Key offerings
    • Exhibit 109: Franklin Covey Co. – Segment focus
  • 10.8 Interaction Associates Inc. 
    • Exhibit 110: Interaction Associates Inc. – Overview
    • Exhibit 111: Interaction Associates Inc. – Product / Service
    • Exhibit 112: Interaction Associates Inc. – Key offerings
  • 10.9 Korn Ferry
    • Exhibit 113: Korn Ferry – Overview
    • Exhibit 114: Korn Ferry – Business segments
    • Exhibit 115: Korn Ferry – Key offerings
    • Exhibit 116: Korn Ferry – Segment focus
  • 10.10 Learning Technologies Group Plc 
    • Exhibit 117: Learning Technologies Group Plc – Overview
    • Exhibit 118: Learning Technologies Group Plc – Business segments
    • Exhibit 119: Learning Technologies Group Plc – Key news
    • Exhibit 120: Learning Technologies Group Plc – Key offerings
    • Exhibit 121: Learning Technologies Group Plc – Segment focus
  • 10.11 Skillsoft Ltd.
    • Exhibit 122: Skillsoft Ltd. – Overview
    • Exhibit 123: Skillsoft Ltd. – Product / Service
    • Exhibit 124: Skillsoft Ltd. – Key offerings
  • 10.12 Wilson Learning Worldwide Inc. 
    • Exhibit 125: Wilson Learning Worldwide Inc. – Overview
    • Exhibit 126: Wilson Learning Worldwide Inc. – Product / Service
    • Exhibit 127: Wilson Learning Worldwide Inc. – Key offerings

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist 
    • Exhibit 128: Inclusions checklist
    • Exhibit 129: Exclusions checklist
  • 11.3 Currency conversion rates for US$ 
    • Exhibit 130: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 131: Research methodology
    • Exhibit 132: Validation techniques employed for market sizing
    • Exhibit 133: Information sources
  • 11.5 List of abbreviations 
    • Exhibit 134: List of abbreviations 

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Corporate Leadership Training Market size to grow by USD 18.59 billion from 2021 to 2026, Driven by the increased spending on corporate leadership training - Technavio WeeklyReviewer

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