Corporate Leadership Training Market Size Expected to Grow by $15.78 Billion | Market Insights points to increased spending on business leadership as a key driver

NEW YORK, January 11, 2022 /PRNewswire/ — According to the research report “Corporate Leadership Training Market by Application and Geography – Forecast and Analysis 2021-2025”, the market will grow at a CAGR of 3.52% in 2021 with a CAGR of nearly 9% over the forecast end point. Further, this report covers in detail market segmentation by Application (ILT, Blended Training and Online Training) and Geography (North America, EuropeACPA, South Americaand MEA).

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Supplier Information
The global corporate leadership training market is fragmented and highly competitive, with factors such as technology, innovation, and infrastructure heightening the competition. Compared to smaller regional players, established players like City & Guilds Group, D2L Corp., GP Strategies Corp. and Wilson Learning Worldwide Inc. offer a diverse range of leadership programs and have a strong existing customer base due to the quality of service. , state-of-the-art technology and an established customer base.

The report analyzes the competitive landscape of the market and offers information about several vendors in the market including:

• Articulate Global Inc.

• Town & Guilds Group

• D2L Corp.

• Franklin Covey Co.

• GP Strategies Corp.

• Interaction Associates Inc.

• Learning Technologies Group Plc

• Miller Heiman Group Inc.

• Skillsoft Ltd.

• Wilson Learning Worldwide Inc.

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Geographic Market Analysis
North America will provide maximum growth opportunities in the corporate leadership training market over the forecast period. According to our research report, the region will contribute 41% of the global market growth and is expected to lead the market till 2025. The United States and Canada are the key markets for the corporate leadership training market in North America.

North Americaspecifically United States, is known for being an early adopter of new technologies. Emergence of e-learning with innovative formats such as gamification and simulation learning will ensure that the e-learning segment will constitute a significant portion of revenue in this region during the forecast period. . Due to the increasing complexity of businesses and the growing presence of multinationals in the region, rising spending on leadership training is expected to continue over the projection period in North America.

The story continues

In addition, countries like the United States, United Kingdom, India, Germanyand Canada are expected to become prominent markets for the corporate leadership training market over the forecast period.

Learn more about the geographical distribution of this market along with the detailed analysis of major regions. https://www.technavio.com/report/corporate-leadership-training-market-industry-analysis

Analysis of key segments
The growth in corporate leadership training market share by the blended training segment will be significant during the forecast period. ILT is popular in corporate leadership training and is delivered using blackboards or whiteboards and an overhead projector and often involves the format of storytelling. ILT remains the predominant choice for enterprises due to the following benefits it offers:

• Interactive training

• Flexibility in training

• Committed training

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Key Market Drivers and Trends:
the increased spending on corporate leadership training is notably driving the growth of the corporate leadership training market. Year after year, organizations are increasing their investments in leadership training because it is more profitable for a company to fill leadership positions within its hierarchy rather than hiring an external resource. They also quickly realize the importance of leadership training to the efficient operation and financial health of a business.

Another reason companies invest in corporate leadership training is to improve business agility in the face of a rapidly changing business environment. When faced with an unexpected business climate, companies with strategic leadership development programs can respond quickly. Sophisticated leadership training programs also help build a strong talent pool, which is why companies are investing more in corporate leadership training.

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