India Corporate Training Market is Expected to Cross INR 6,600 Crores by FY’2025: Ken Research

Corporate Training Budgets at major Indian companies such as Godrej, ITC and Bajaj Finserv has been increasing by approximately 10%-15% and the same trend is expected in the future.

The Hospitality Sector has witnessed higher levels of employee attrition in India and a proper training module can eliminate this bottleneck.

Advent content creation mechanism that will involve a basic workflow platform shall generate content for the mobile. The process will be supported by influx of smart phones, gradual lowering of the bandwidth cost and heavy usage of open-source video editing tools.

india-corporate-training-market

Growing E Learning Market: Streams of government initiatives, technology adoption in small and medium sized businesses coupled with convenience and cost factors has aggravated the companies shift to e-learning in India. Organizations have been heavily inclined to adopt e-learning modules to facilitate learning and development activities. There has been a steady rise in demand for customized e-learning content. Development in training technology will further boost the deployment of e-learning services.

Increase in Number of Corporate Training Firms: Owing to low initial cost of investment in setting up a corporate training firm, decent ROIs and very low barriers to entry, there has been a heavy mushrooming of small and mid-size training firms in the country. There has been a heavy proliferation on account of considerable consumption of these value-added courses by all sorts of small, middle and large sized companies.

Effective Government Support: There have been extensive collaborations of National Skill Development Corporation (NSDC) with training and development companies to support the skill development of educated and uneducated youths spread across various sectors and geographies. While association with NSDC has brought recognition for several companies, it has also opened up newer business avenues for the training firms.

Analysts at Ken Research in their latest publication India Corporate Training Market Outlook to FY’2025 – Driven by introduction of Experimental Training, Adoption of Artificial Intelligence and Government Initiatives for Up-Skilling believe that the Corporate Training market of the country is at its growth stage however with introduction and adoption of newer technologies, the market has great potential to grow in the future.

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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