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Corporate Training Market in Europe Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

  • Published: Jun 2022
  • Pages: 121
  • SKU: IRTNTR43294
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The corporate training market share in Europe is expected to increase to USD 11.79 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.31%.

This Europe corporate training market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the corporate training market in Europe segmentation by product (technical course and non-technical course) and geography (Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe). The corporate training market in Europe report also offers information on several market vendors, including Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., and Skillsoft Ltd. among others.

What will the Corporate Training Market Size in Europe be During the Forecast Period?

Corporate Training Market Size

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Corporate Training Market in Europe: Key Drivers, Trends, and Challenges

The digitization of learning materials is notably driving the corporate training market growth in Europe, although factors such as technical constraints to implementing corporate training may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the corporate training industry in Europe. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Corporate Training Market Driver in Europe

  • One of the key factors driving the corporate training market growth in Europe is the digitization of learning materials.
  • The advances in technology have led to the adoption of cloud-based services such as corporate training and CMS.
  • The shift to online platforms for training employees has enabled employees to boost their productivity as to their flexibility and convenience and also enabled trainers to engage learners in training programs effectively.
  • The growing popularity of online learning has helped employees in saving their time and money in reskilling themselves, unlike conventional training sessions that consumed more time in addition to the regular working hours.
  • In October 2021, City and Guilds, headquartered in the UK, and Intertrain announced the launch of the first small plant training program for the railway industry. The program reduces learning hours by around 30% and incorporates online and hands-on practical training.
  • The digitization of learning materials will facilitate market growth in the forecast period. 

Key Corporate Training Market Trend in Europe

  • Increased emphasis on learning new skills is one of the key industrial market trends that is expected to impact the industry positively in the forecast period.
  • Many corporate organizations in Europe are forced to opt for learning analytics to track, record, and analyze employee training due to the advent of AI, IoT, and ML.
  • Learning analytics help training providers identify if learners are benefitting from the provided instruction materials or need any additional support.
  • Predictive analytics is used to track learners' understanding of the training content. It is also being used to identify the problems faced by learners.
  • Employees should agree to data collection and consent to the purpose of data collection, according to the 2016 GDPR.
  • Vendors are following business strategies such as M&A to broaden their portfolios.
  • In December 2021, Skillsoft, headquartered in Ireland, entered into a content partnership with Udemy Business, a leading destination for online learning and teaching. 

Key Corporate Training Market Challenge in Europe

  • One of the key challenges to the global industrial industry growth is the technical constraints to implementing corporate training such as customization and integration.
  • Customization reduces the time and complexity as it caters to the specific requirements of end-users. However, customization increases the operating cost of companies, especially for small-scale companies.
  • Companies deal with customization issues in terms of features, content creation, format, and delivery methods.
  • To achieve the real potential of e-learning by using corporate training solutions, companies need to integrate their corporate training with the existing business applications.
  • Lack of integration and inappropriate corporate training implementation leads to inefficiencies in the business processes, which in turn are likely to reduce users' interest in developing newer online courses, which may negatively impact the market in focus during the forecast period.

This corporate training market in Europe analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the corporate training market in Europe as a part of the global education services market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the corporate training market in Europe during the forecast period.

Who are the Major Corporate Training Market Vendors in Europe?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Adobe Inc.
  • Articulate Global Inc.
  • Blanchard Training and Development Inc.
  • BTS Group AB
  • Cegos Group
  • Cisco Systems Inc.
  • City and Guilds Group
  • D2L Corp.
  • DEMOS Group
  • Development Dimensions International Inc.
  • Franklin Covey Co.
  • John Wiley and Sons Inc.
  • Korn Ferry
  • Learning Technologies Group Plc
  • Mind Gym Plc
  • NIIT Ltd.
  • Richardson Sales Performance
  • Simplilearn Solutions Pvt. Ltd.
  • Skillsoft Ltd.

 

This statistical study of the corporate training market in Europe encompasses successful business strategies deployed by the key vendors. The corporate training market in Europe is fragmented and the vendors are deploying growth strategies such as collaborations, partnerships, and mergers and acquisitions to compete in the market.

Product Insights and News

  • Adobe Inc. - The company offers corporate training in job roles such as Content Author, System Architect, and System Administrator.
  • Articulate Global Inc. - The company offers corporate training, through its digital learning platform named Articulate 360.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The corporate training market in Europe forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Corporate Training Market in Europe Value Chain Analysis

Our report provides extensive information on the value chain analysis for the corporate training market in Europe, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Corporate Training Market in Europe?

Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe are the key markets for corporate training in Europe. Market growth in Central and Eastern Europe will be faster than the growth of the market in other regions.

The proliferation of SMBs in the region will facilitate the corporate training market growth in Europe over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The COVID-19 pandemic adversely impacted these countries' employment levels and caused uncertainty in various businesses. However, the recovery of companies after a decline in the number of COVID-19 cases created opportunities for new employment and an urge to learn new skills. Thus, with normalcy in business operations in central and Eastern Europe, and with the advent of the vaccination drives and ease of lockdown measures, it is anticipated that the market in focus will grow during the forecast period.  

What are the Revenue-generating Product Segments in the Corporate Training Market in Europe?

Corporate Training Market Market segmentation by region

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The corporate training market share growth in Europe by the technical course segment will be significant during the forecast period. Training on the fundamental and basic aspects of applications, technology, service tactics, and sales is expected to boost the demand for technical training in the European corporate training market. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the corporate training market size in Europe and actionable market insights on post COVID-19 impact on each segment.

 

Corporate Training Market Scope in Europe

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.31%

Market growth 2022-2026

$ 11.79 billion

Market structure

Fragmented

YoY growth (%)

6.82

Key consumer regions

Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., and Skillsoft Ltd.

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 forecast period

Customization purview

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What are the Key Data Covered in this Corporate Training Market in Europe Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive corporate training market growth in Europe during the next five years
  • Precise estimation of the corporate training market size in Europe and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the corporate training industry in Europe  
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of corporate training market vendors in Europe 

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

    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 Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Technical course - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Technical course - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Technical course - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Technical course - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Technical course - Year-over-year growth 2021-2026 (%)
    • 5.4 Non-technical course - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Non-technical course - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Non-technical course - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Non-technical course - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Non-technical course - Year-over-year growth 2021-2026 (%)
    • 5.5 Market opportunity by Product
      • Exhibit 36: Market opportunity by Product ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 38: Chart on Market share by geography - 2021-2026 (%)
      • Exhibit 39: Data Table on Market share by geography - 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 40: Chart on Geographic comparison
      • Exhibit 41: Data Table on Geographic comparison
    • 7.3 Western Europe - Market size and forecast 2021-2026
      • Exhibit 42: Chart on Western Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 43: Data Table on Western Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 44: Chart on Western Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 45: Data Table on Western Europe - Year-over-year growth 2021-2026 (%)
    • 7.4 Nordic Countries - Market size and forecast 2021-2026
      • Exhibit 46: Chart on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on Nordic Countries - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on Nordic Countries - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on Nordic Countries - Year-over-year growth 2021-2026 (%)
    • 7.5 Southern Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Southern Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on Southern Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on Southern Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Southern Europe - Year-over-year growth 2021-2026 (%)
    • 7.6 Central and Eastern Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on Central and Eastern Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Central and Eastern Europe - Year-over-year growth 2021-2026 (%)
    • 7.7 Market opportunity by geography
      • Exhibit 58: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 59: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 60: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 61: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 62: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 63: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 64: Matrix on vendor position and classification
            • 10.3 Adobe Inc.
              • Exhibit 65: Adobe Inc. - Overview
              • Exhibit 66: Adobe Inc. - Business segments
              • Exhibit 67: Adobe Inc. - Key news
              • Exhibit 68: Adobe Inc. - Key offerings
              • Exhibit 69: Adobe Inc. - Segment focus
            • 10.4 Articulate Global Inc.
              • Exhibit 70: Articulate Global Inc. - Overview
              • Exhibit 71: Articulate Global Inc. - Product / Service
              • Exhibit 72: Articulate Global Inc. - Key offerings
            • 10.5 Cisco Systems Inc.
              • Exhibit 73: Cisco Systems Inc. - Overview
              • Exhibit 74: Cisco Systems Inc. - Business segments
              • Exhibit 75: Cisco Systems Inc. - Key news
              • Exhibit 76: Cisco Systems Inc. - Key offerings
              • Exhibit 77: Cisco Systems Inc. - Segment focus
            • 10.6 City and Guilds Group
              • Exhibit 78: City and Guilds Group - Overview
              • Exhibit 79: City and Guilds Group - Product / Service
              • Exhibit 80: City and Guilds Group - Key offerings
            • 10.7 D2L Corp.
              • Exhibit 81: D2L Corp. - Overview
              • Exhibit 82: D2L Corp. - Product / Service
              • Exhibit 83: D2L Corp. - Key news
              • Exhibit 84: D2L Corp. - Key offerings
            • 10.8 Franklin Covey Co.
              • Exhibit 85: Franklin Covey Co. - Overview
              • Exhibit 86: Franklin Covey Co. - Business segments
              • Exhibit 87: Franklin Covey Co. - Key offerings
              • Exhibit 88: Franklin Covey Co. - Segment focus
            • 10.9 John Wiley and Sons Inc.
              • Exhibit 89: John Wiley and Sons Inc. - Overview
              • Exhibit 90: John Wiley and Sons Inc. - Business segments
              • Exhibit 91: John Wiley and Sons Inc. - Key offerings
              • Exhibit 92: John Wiley and Sons Inc. - Segment focus
            • 10.10 Korn Ferry
              • Exhibit 93: Korn Ferry - Overview
              • Exhibit 94: Korn Ferry - Business segments
              • Exhibit 95: Korn Ferry - Key offerings
              • Exhibit 96: Korn Ferry - Segment focus
            • 10.11 Learning Technologies Group Plc
              • Exhibit 97: Learning Technologies Group Plc - Overview
              • Exhibit 98: Learning Technologies Group Plc - Business segments
              • Exhibit 99: Learning Technologies Group Plc - Key news
              • Exhibit 100: Learning Technologies Group Plc - Key offerings
              • Exhibit 101: Learning Technologies Group Plc - Segment focus
            • 10.12 Skillsoft Ltd.
              • Exhibit 102: Skillsoft Ltd. - Overview
              • Exhibit 103: Skillsoft Ltd. - Product / Service
              • Exhibit 104: Skillsoft Ltd. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 105: Inclusions checklist
                • Exhibit 106: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 107: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 108: Research methodology
                • Exhibit 109: Validation techniques employed for market sizing
                • Exhibit 110: Information sources
              • 11.5 List of abbreviations
                • Exhibit 111: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Corporate Training Market in Europe market growth will increase by $11.79 billion during 2022-2026.
              The corporate training market in europe market is expected to grow at a CAGR of 7.31% during 2022-2026.
              Technavio has segmented the corporate training market in europe market by product (Technical course and Non-technical course) and geography (Western Europe, Nordic Countries, Southern Europe, and Central and Eastern Europe).
              Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Corp., DEMOS Group, Development Dimensions International Inc., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn Solutions Pvt. Ltd., Skillsoft Ltd. are a few of the key vendors in the corporate training market in europe market.
              Europe will register the highest growth rate of 100% among the other regions. Therefore, the corporate training market in europe market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
              • Western Europe
              • Nordic Countries
              • Southern Europe
              • Central and Eastern Europe
              The key factors driving the corporate training market in europe market growth are:
              • digitization of learning materials
              • Increased emphasis on learning new skills
              The corporate training market in europe market vendors should focus on grabbing business opportunities from the technical course segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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