Corporate training market: trends, statistics, development prospects

Abstract

Corporate training as a form of developing the professionalism of employees and reproducing the necessary competencies of personnel has a long tradition, methodology and a set of technological educational techniques that ensure high efficiency of in-house training programs. At the same time, the corporate training market, which includes a set of programs, providers, educational and consulting structures, etc., has stable development trends that, regardless of environmental factors, demonstrate the sustainability of demand. According to a report published by Allied Market Research titled "Corporate Training Market", the volume of the global corporate training market in 2019 was estimated at 332.9 billion US dollars and is estimated to reach 487.3 billion dollars by 2030, increasing by an average of 8% from 2021 to 2030. The turnover of the Russian corporate training market is estimated at more than 73 billion rubles. In accordance with the trends of the corporate training market, it is expected that during the forecast period in this market, the virtual segment will demonstrate significant growth due to the advantages associated with the virtual training. method, which includes reducing the cost of training by reducing the cost of travel and accommodation for students, ensuring the flexibility of the training schedule, increasing the motivation of students, etc.