The report forecasts the corporate training market in Europe to grow at a CAGR of 8.83% during the period 2016-2020.
Continuous learning opportunities will be a key trend for market growth. Organizations are shifting their focus on the life-long learning aspects of employees. The majority of organizations have online training portals and programs in place to provide training to their employees. However, apart from formal training sessions, employees are inclined toward taking up learning courses and programs that provide them a competitive edge over other employees. Companies are focusing on such type of training and development of their human capital to offer horizontal development opportunities for their employees.
According to the report, need for employee engagement will be a key driver for market growth. The organizations in Europe are facing various challenges in terms of enhancing their workplace culture, employee engagement, leadership, and L&D. These aspects restrict the internal as well as external growth of companies, further affecting the profit margins of companies. Employee engagement is a critical factor for organizations to achieve higher productivity. The impact of effective employee engagement policies is reflected in crucial aspects such as employee satisfaction and loyalty. These factors further translate to better financial output of the organization.
Further, the report states that credibility issues will be a challenge for the market.
- City & Guilds Kineo
- GP Strategies
- MHI Global
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market drivers
PART 07: Impact of drivers
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Market segmentation by product
PART 12: Geographical segmentation
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Other prominent vendors
PART 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/bg3rc8/corporate