The report titled “India Corporate Training Market Outlook to 2025 driven
by Introduction of Experimental Training, Greater Use of Artificial
Intelligence and Increase in Government Initiatives to Boost Training” provides a comprehensive
analysis of the Corporate Training Market in India. The report also includes
Market Size, Segmentation by Sectors and Courses in Each Sector, Trends,
Developments, Challenges, Market Share of Major Players, and Aggregators in
India Corporate Training Market. The report also covers Success Case Studies of
International Ed Tech Players, Investment Model and Future Analysis along with
Analyst Recommendations.
India Corporate Training Market Overview and Size
The market for corporate training in India 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. 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.
India Corporate Training Market Segmentation
India
Corporate Training Market is segmented on the basis of following parameters
which primarily include industry verticals, type of training services,
industry, mode of learning, training to level of employees, major cities, open
and customized training programs, learning mode, demand from small, medium and
large organizations and learning technologies and demand from MNCs and domestic
organizations.
By Industry Verticals (IT/ITES, Telecom, BFSI, Automobile, Retail,
FMCG, Manufacturing and Others)
The
shift from secondary sector to service led growth in India has further
instigated the requirement for trained IT professionals. The telecom space in
India is very large and has continuous requirement for corporate trainings. Rapid
digitization of banking coupled with insurance data and compliance led
undertakings in lieu of strict RBI mandates to enhance data security further
intensified training demands in the vertical. Heavy online migration of the
FMCG sector has influenced the training market in this sector. Rapid influx of
foreign automotive companies in India has instigated demand for corporate
trainings.
By Type of Training
Services (Technical, Leadership, Managerial, Sales, Customer Management and
Others)
Leadership trainings are mainly conducted for the highest
level of management in the organization. On the other hand technical trainings
are conducted on the starting level when the employee joins the organization. Organizations
have been focusing on training the supervisors and managers instead of training
the executives which has got two-fold benefits.
By Industry (Services,
Manufacturing, Government, Retail/Wholesale, Education, Association and Non
Profit Organizations)
Corporate Training in India has been dominated by the
Services Industry; whereas Association and Non Profit Organizations have a
miniscule share to the overall market.
The Government and Education has shown an increasing interest in
Corporate Training. Educational Institutes especially the technical ones have
been witnessed to conduct various technical programs to make the students
industry ready.
By Designation of
Employees (Non Managerial Level, Managerial Level and Integrated)
Technical
Trainings are the most imparted at Non Managerial level and Fresher’s form the
majority of the employees trained at Non Managerial level. The managerial
trainings were on upbeat in India on account of innovative and business
enabling courses being developed by the training houses.
By Openand Customized Learning
Indian corporate training landscape is marked by a
considerable demand for customized trainings. Flexibility in timing and
audience relevancy of the course are the two major rationales behind program customizations.
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 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
Key Topics Covered in the Report:-
India
Corporate Training Overview
India
Corporate Training Market Size
India
Corporate Training Market Segmentation
Corporate
Training: Business Model
Pricing
Analysis
Decision
Making Parameters
Market
Share of Major Players
Company
Profiles of Major Players
Aggregators
in India Corporate Training
Success
Case Studies of International Ed Tech Players
India
Corporate Training Future Market Size
Analyst
Recommendations
For More
Information On The Research Report, Refer To Below Link:-
Related Reports:-
Contact Us:-
Ken Research
Ankur Gupta
Head Marketing & Communications
+91-9015378249
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