Growth in India Corporate Training Market driven by increased spending by Corporate and Government Initiatives: Ken Research
“Companies in India have moved over generic trainings and have developed increased interest towards trainings aligned to their business needs”.
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.
Experimental Training: With the reduction in class room training due to slow results the trainers have started to opt for techniques which are different from the traditional ones. These include simulations, sensitivity learning, case studies and gaming. The different methods include storytelling; adventure based learning, mystery games and may more.
Shift from Generic Modules towards Strategic Focus: Sales programs, customer management programs and other managerial and leadership trainings are conducted keeping in mind the organization specific business strategies and practices. Organizations have got proactively engaged in training needs analyses that has a direct link to business goals and future priorities. The companies no longer focus on the fixed modules and prefer to have customized modules catering specifically to their clients.
Lack of Qualified Trainers: India faces a large problem with relation to the qualification of the trainers. Out of the overall market, only a fraction of the trainers have had substantial training which matches the mark of the clients. There is an immediate need to upgrade and revamp the existing training modules for the trainers present in India. Companies like Schneider Electric runs it’s CSR activities in skill training programs which is in collaboration with 33 other firms.
Rising Adoption of E-Learning Solutions: There has been a marked increase in companies adopting e-learning solutions because of the developments in rich graphics and cost-effective e-training modules offered by training companies. These solutions are highly interactive and engaging and relieve the management from sparing space and time for such engagements.
Key Segments Covered:-
By Industry Verticals
IT / ITES
By Training Services
Non Profit Organizations
By Designation of Employees
Non Managerial Level
By Major Cities
By Type of Learning
By Learning Mode
Instructor led Classroom Only
Online or Computer Based
By Organizational Size
By Type of Organization
By Learning Technologies (On the Basis of Overall Corporate Training)
Online Performance Support
Rapid E Learning Tool
Dale Carnegie India
Manipal Global Education Services
Hughes Global Education
Innovative Learning Academy
CADD Centre Training Services
Corporate Hierarchy Solutions
London Institute of Corporate Training
Kaizen Training Solutions
Key Target Audience:-
Corporate Training Companies
Corporate Training Aggregators
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:-
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