Cross-cultural Training Market by Deployment and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43268
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The cross-cultural training market has the potential to grow by USD 1.46 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.57%.

This cross-cultural 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 market segmentation by deployment (workshop and online) and geography (North America, Europe, APAC, MEA, and South America). The cross-cultural training market report also offers information on several market vendors, including Babel Language Consulting Ltd., Commisceo Global Consulting Ltd., Coursera Inc., Cross Cultural Consulting, Global Integration Inc., GROVEWELL LLC, Learnlight, Pearson Plc, Udemy Inc., and Wolfestone Translation Ltd. among others.

What will the Cross-cultural Training Market Size be in 2021?

Cross-cultural Training Market Size

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Cross-cultural Training Market: Key Drivers and Trends

Key drivers such as the emergence of cost-effective e-learning training modules are notably supporting the cross-cultural training market growth. On the other hand, factors such as cost associated with expatriate failure have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This cross-cultural training market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Cross-cultural Training Market Vendors?

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

 

  • Babel Language Consulting Ltd.
  • Commisceo Global Consulting Ltd.
  • Coursera Inc.
  • Cross Cultural Consulting
  • Global Integration Inc.
  • GROVEWELL LLC
  • Learnlight
  • Pearson Plc
  • Udemy Inc.
  • Wolfestone Translation Ltd.

 

The cross-cultural training market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post-pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

The key vendor profiles include information on their production, sustainability, and growth prospects. Download a free sample of the cross-cultural training market forecast report for insights on complete key vendor profiles.

Which are the Key Regions for Cross-cultural Training Market?

Cross-cultural Training Market Share by Geography

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The cross-cultural training market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 31% of the market’s growth will originate from North America during the forecast period. The US is a key market for cross-cultural training in North America.

North America has been recording a significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is the rise in expatriate assignments. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Deployment Segments in the Cross-cultural Training Market?

Cross-cultural Training Market Share by Deployment

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The cross-cultural training market share growth by the workshop segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides a thorough cross-cultural training market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the cross-cultural training market size.

 

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What are the Key Factors Covered in this Cross-cultural Training Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive cross-cultural training market growth during the next five years
  • Precise estimation of the cross-cultural training market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the cross-cultural training market across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cross-cultural training market vendors

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Cross-cultural Training Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6.57%

Market growth 2021-2025

$ 1.46 billion

Market structure

Fragmented

YoY growth (%)

5.95

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 31%

Key consumer countries

US, UK, China, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Babel Language Consulting Ltd., Commisceo Global Consulting Ltd., Coursera Inc., Cross Cultural Consulting, Global Integration Inc., GROVEWELL LLC, Learnlight, Pearson Plc, Udemy Inc., and Wolfestone Translation Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for 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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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Deployment

    • Market segments
    • Comparison by Deployment
    • Workshop - Market size and forecast 2020-2025
    • Online - Market size and forecast 2020-2025
    • Market opportunity by Deployment

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Babel Language Consulting Ltd.
      • Commisceo Global Consulting Ltd.
      • Coursera Inc.
      • Cross Cultural Consulting
      • Global Integration Inc.
      • GROVEWELL LLC
      • Learnlight
      • Pearson Plc
      • Udemy Inc.
      • Wolfestone Translation Ltd.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • 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
      Interested in this report?
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      The cross-cultural training market growth will increase by $1216.08 million during 2019-2024.
      The cross-cultural training market is expected to grow at a CAGR of 6.43% during 2019-2024.
      Technavio has segmented the cross-cultural training market by deployment (Workshop and Online) and geographic (North America, Europe, APAC, MEA, and South America).
      Babel Language Consulting Ltd., Commisceo Global Consulting Ltd. , Coursera Inc., Cross Cultural Consulting, Global Integration Inc., GROVEWELL LLC, Learnlight Software SLU, Pearson Plc, The London School of English and Foreign Languages Ltd., Udemy Inc. are a few of the key vendors in the cross-cultural training market.
      North America will register the highest growth rate of 27.47% among the other regions. Therefore, the cross-cultural training market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the cross-cultural training market growth are:
      • Emergence of cost-effective e-learning training modules
      The cross-cultural training market vendors should focus on grabbing business opportunities from the workshop segment as it accounted for the largest market share in the base year.
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