India Corporate Training Market Research Report And Forecast: Ken Research

How India Corporate Training Market Evolved? And How is it currently Positioned?

The India corporate training market has been a niche market that has witnessed steady growth but is yet to be explored in full potential and has a huge scope for expansion in the coming years. The training methodology has seen rapid digitization of content and migration towards online training. Influx of a flurry of corporate training companies in the Indian landscape has been an important stimulant for the market. Rising demand for trainings on a spectrum of courses has put the market on an exemplary growth track. IT and ITES has been the premium sector and the most important revenue generator for the industry. Other traditional sectors such as manufacturing and BFSI have also supported fairly to the growth of corporate training market in India. Technical training is still the most sought after module by the Indian companies.

The Corporate Training Market is in the growth stage with large number of players competing in the market. The market has been growing at a double digit growth rate during the period 2013-2018. There are instances of companies cutting down on budgets allocated for vocational and soft skills trainings and instead spending it for skill trainings. The market is very competitive with presence of several small and big players and has limited entry barriers for a new player. Classroom training is still the most preferred mode while e-learning is gradually taking on because of low priced modules and flexibility in learning.

Competition Scenario

Low cost of investment and lack of entry barriers for incumbents has led to high fragmentation and therefore competition in the market. Overall, the market can be categorized into 3 sorts of players based on the employee size being 0-200, 200-500 and 500+ employees. The major players include NIIT, Manipal Global Education, Centum Learning, Aptech Limited, Koenig Solutions and CADD Centre for Training.

India Corporate Training Market_

India Corporate Training Future Market Size

Corporate Training Budgets are expected to increase in the future and corporate training in the hospitality sector is expected to grow as it has witnessed higher levels of employee attrition in India. The Market is expected to increase at a double digit growth rate during the period FY’2019 and FY’2025. Growing E Learning Market, Entry of New Players, Increase in Governmental Support and Increase in Mid Size and Small Businesses.

Key Segments Covered:-

By Industry Verticals

IT / ITES

Telecom

BFSI

Automobile

Retail

FMCG

Manufacturing

By Training Services

Technical

Leadership

Managerial

Sales

Customer Management

By Industry

Services

Manufacturing

Government

Retail/Wholesale

Education

Association

Non Profit Organizations

By Deployment

Onsite

Off Site

By Designation of Employees

Non Managerial Level

Managerial Level

Integrated

By Major Cities

Mumbai

Delhi NCR

Bangalore

Pune

Hyderabad

Chennai

Kolkata

By Type of Learning

Open Learning

Customized Learning

By Learning Mode

Instructor led Classroom Only

Blended Learning

Online or Computer Based

By Organizational Size

Small Organizations

Medium Organizations

Large Organizations

By Type of Organization

Multinational Companies

Domestic Organization

By Learning Technologies (On the Basis of Overall Corporate Training)

Virtual Classroom

Podcasting

LMS/LCMS

Online Performance Support

Rapid E Learning Tool

Mobile Application

Companies Covered:-

Dale Carnegie India

NIIT Limited

Manipal Global Education Services

Centum Learning

Aptech Limited

Hughes Global Education

Koenig Solutions

Innovative Learning Academy

CADD Centre Training Services

Near Learn

TAI India

Corporate Hierarchy Solutions

London Institute of Corporate Training

SSDN Technologies

Mentora Learning

Vinsys

Wagon Learning

Bodhih

Focus Training

TUV Nord

Mercury Solutions

Palle Technologies

MyTrecta

Kaizen Training Solutions

Key Target Audience:-

Corporate Training Companies

Education Platforms

Corporate Training Aggregators

Corporate Organizations

Management Consultants

Corporate Trainers

MHRD

Education Associations

Time Period Captured in the Report:-

Historical Period – FY’2015 – FY’2019

Forecast Period – FY’2020- FY’2025

For More Information On The Research Report, Refer To Below Link:-

India Corporate Training Market

Related Reports:-

Corporate Leadership Training Market Research: Global Status & Forecast by Geography, Type & Application (2015-2025)

Vietnam E-Learning Market Outlook to 2023 – Driven by Rising Adoption of Smartclasses, E-books in Schools and MOOCs and Smart Authoring Tools in Corporate Training and Test Preparation Segment

Contact Us:-
Ken Research
Ankur Gupta
Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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