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Asia Pacific Corporate Training Market Size, Share & Trends Analysis Report By Training Program (Technical Training, Soft Skills, Compliance, Quality Training, and Others), By Industries, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 92 Pages
  • August 2024
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5992390
The Asia Pacific Corporate Training Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).

The China market dominated the Asia Pacific Corporate Training Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $44.23 billion by 2031. The Japan market is registering a CAGR of 6.7% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8% during (2024 - 2031).



Training programs in sales and customer service focus on equipping employees with the skills to engage effectively with customers, understand their needs, handle objections, and deliver exceptional service. Sales training may include prospecting, negotiation, closing deals, and relationship-building techniques, while customer service training emphasizes empathy, problem-solving, and conflict resolution.

Adopting corporate training solutions varies widely across industries and organizations and is influenced by technological readiness, budget constraints, organizational culture, and strategic priorities. The availability of robust IT infrastructure, high-speed internet connectivity, and compatibility with digital platforms influence the adoption of e-learning solutions. Organizations invest in upgrading systems, implementing secure networks, and adopting cloud-based LMS to support online training delivery and data management.

According to the State Council of the People’s Republic of China, China’s software and information technology services industry raked in 12.33 trillion yuan (about 1.73 trillion U.S. dollars) in business revenues in 2023, up 13.4 percent year on year, with growth of rate increasing by 2.2 percentage points compared to that in 2022. The IT sector's expansion in China has resulted in a growing demand for corporate training programs prioritizing acquiring technical skills. These programs cater to IT professionals and employees across various industries, offering training in programming languages, software development, cloud computing, cybersecurity, data analytics, artificial intelligence (AI), and machine learning. Training initiatives help employees stay updated with technological advancements, acquire new skills, and enhance their proficiency in IT-related domains. Therefore, the increasing IT sector and expansion of the region’s retail industry are driving growth.

Based on Training Program, the market is segmented into Technical Training, Soft Skills, Compliance, Quality Training, and Others. Based on Industries, the market is segmented into Financial Services, Pharmaceutical & Healthcare, Information Technology, Professional Services, Retail, Public Enterprises, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

List of Key Companies Profiled

  • The City and Guilds of London Institute
  • Business Training Library, LLC
  • Franklin Covey Co.
  • Skillsoft Corporation
  • Allen Communication Learning Services
  • Wilson Learning Corporation
  • Learning Technologies Group Plc
  • Simplilearn Solutions Private Limited
  • Cornerstone OnDemand, Inc.
  • D2L Inc.

Market Report Segmentation

By Training Program
  • Technical Training
  • Soft Skills
  • Compliance
  • Quality Training
  • Others
By Industries
  • Financial Services
  • Pharmaceutical & Healthcare
  • Information Technology
  • Professional Services
  • Retail
  • Public Enterprises
  • Others
By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Corporate Training Market, by Training Program
1.4.2 Asia Pacific Corporate Training Market, by Industries
1.4.3 Asia Pacific Corporate Training Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Asia Pacific Corporate Training Market by Training Program
4.1 Asia Pacific Technical Training Market by Country
4.2 Asia Pacific Soft Skills Market by Country
4.3 Asia Pacific Compliance Market by Country
4.4 Asia Pacific Quality Training Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Corporate Training Market by Industries
5.1 Asia Pacific Financial Services Market by Country
5.2 Asia Pacific Pharmaceutical & Healthcare Market by Country
5.3 Asia Pacific Information Technology Market by Country
5.4 Asia Pacific Professional Services Market by Country
5.5 Asia Pacific Retail Market by Country
5.6 Asia Pacific Public Enterprises Market by Country
5.7 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Corporate Training Market by Country
6.1 China Corporate Training Market
6.1.1 China Corporate Training Market by Training Program
6.1.2 China Corporate Training Market by Industries
6.2 Japan Corporate Training Market
6.2.1 Japan Corporate Training Market by Training Program
6.2.2 Japan Corporate Training Market by Industries
6.3 India Corporate Training Market
6.3.1 India Corporate Training Market by Training Program
6.3.2 India Corporate Training Market by Industries
6.4 South Korea Corporate Training Market
6.4.1 South Korea Corporate Training Market by Training Program
6.4.2 South Korea Corporate Training Market by Industries
6.5 Singapore Corporate Training Market
6.5.1 Singapore Corporate Training Market by Training Program
6.5.2 Singapore Corporate Training Market by Industries
6.6 Malaysia Corporate Training Market
6.6.1 Malaysia Corporate Training Market by Training Program
6.6.2 Malaysia Corporate Training Market by Industries
6.7 Rest of Asia Pacific Corporate Training Market
6.7.1 Rest of Asia Pacific Corporate Training Market by Training Program
6.7.2 Rest of Asia Pacific Corporate Training Market by Industries
Chapter 7. Company Profiles
7.1 The City and Guilds of London Institute
7.1.1 Company Overview
7.2 Business Training Library, LLC
7.2.1 Company Overview
7.3 Franklin Covey Co.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Product Launches and Product Expansions:
7.4 Allen Communication Learning Services
7.4.1 Company Overview
7.5 Wilson Learning Corporation
7.5.1 Company Overview
7.6 Simplilearn Solutions Private Limited
7.6.1 Company Overview
7.7 Skillsoft Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Recent strategies and developments:
7.7.4.1 Partnerships, Collaborations, and Agreements:
7.7.4.2 Product Launches and Product Expansions:
7.7.5 SWOT Analysis
7.8 Learning Technologies Group Plc
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Regional Analysis
7.9 Cornerstone OnDemand, Inc. (Clearlake Capital Group, L.P.)
7.9.1 Company Overview
7.9.2 SWOT Analysis
7.10. D2L Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Research & Development Expenses

Companies Mentioned

  • The City and Guilds of London Institute
  • Business Training Library, LLC
  • Franklin Covey Co.
  • Skillsoft Corporation
  • Allen Communication Learning Services
  • Wilson Learning Corporation
  • Learning Technologies Group Plc
  • Simplilearn Solutions Private Limited
  • Cornerstone OnDemand, Inc.
  • D2L Inc.

Methodology

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