Evolution of US Corporate Training Industry: Shift from Traditional Classroom Training to Digital Training: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The traditional mindset has to lead to companies restricting employee training within the classroom set-up and has acted as inertia to online training for many years. However, growing need for flexibility, changing workstyle, use of experimental training, and the growing importance of training assessment is driving the demand for online training. Changing Workstyle: Companies lose 25% of all new employees within the first year. In order to decrease attrition rates companies are resorting to providing workstyle flexibility to its employees. In response to this companies have developed the hub and spoke office structure. Also, in response to the global pandemic COVID-19, many companies in the USA are working from home. The growing remote workstyle has led to the increasing use of online training methodologies. Shift towards Experimental Training: Experimental training refers to learning by doing. It includes different methods and technologies including stimulation, gaming, sensitivity training, case studies, and others. Experimental training increases focus and give better results which encourage other enterprises to undergo training. According to the survey conducted by eLearning Industry, 79% of employees believe that that they will be more productive and motivated if their learning environment was more like a game. Introduction of Microlearning Modules: An average American worker works 47 hours a week. Microlearning modules that are bite-sized self-paced courses enable employees to complete the training process within a shorter time period. As a result of which employees do not have to give extra hours for training. It also ensures higher completion rates and better training results. Advent of Mobile Learning and Social Learning: A growing number of teleworkers has to lead to the increasing use of innovative training delivery methods such as mobile and social learning. With the help of geo-fencing, information related to training can be passed on the concerned employees immediately via mobile applications. Currently, mobile learning has been integrated by only a handful of players. However, it is projected to have a high potential on account of strengthening of the network capabilities and high bandwidth scaling. Social learning through platforms like blogs, wikis, discussion forums, subject-matter directories and videos are on the rise in organizations on account of the high penetration of social networking sites in the country. Growing Importance of Training Assessment: Given amalgamation of several factors which contribute to company revenues; assessing the quantitative returns of training programs are important to find a legible solution. Companies looking for coding, analytics and other technical training need to understand if the training results are in sync to their business goal. Tracking online training performance is much efficient and easier in comparison to classroom training. Corporate training companies such as Pluralsight have introduced training performance analytics solutions that enable employers to visualize employee performance to observe dynamics and patterns in the training development process. According to a report by Ken Research titled “USA Corporate Training Market Outlook to 2025- Driven by Growing Skill Gap due to Increasing Use of Technology and Introduction of Online Training Methodologies” the online training demand valued around USD 25 billion in 2019. The corporate training industry in the US is at its late growth stage and the demand will continue to grow to owe to the growing use of technology, increasing government efforts under Pledge to America’s Workers, changing workstyle and increasing skill gap due to the advent of AI, Blockchain, IoT, and other innovative technologies. Key Segments Covered: – By End User Industry BFSI IT and Telecom Healthcare Automotive Manufacturing By Training Services Technical Leadership Managerial Sales Customer Support By Delivery Mode Classroom Training Blended Training Virtual Training Online Training (No Instructor) By Organizational Size Large Companies (+1000 Employees) Medium Companies (500-1000 Employees) Small Companies (0-500 Employees) By Designation Managerial Non-Managerial Integrated By Deployment On-Site Off-Site By Training Type Customized Open Companies Covered: GP Strategies Franklin Covey NIIT Learning Tree International Global Knowledge Pluralsight Centre for Creative Leadership Skillsoft Udemy Udacity Coursera Simplilearn 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: 2014–2019 Forecast Period: 2020-2025 Key Topics Covered in the Report: – For More Information on the Research Report, refer to below links: – USA Corporate Training Market USA Corporate Training Industy US Employee Training Industry US Online Corporate Training Market Employee Skilling Industry in US US Ed-Tech Market Growth US Corporate E-Learning Industry US Corporate Training End- User Industry US Managerial Corporate Training Market US Non-Managerial Corporate Training Market US Integrated Corporate Training Market USA Corporate Training Demand Analysis Managed Employee Training Services US Top Blended Service Providers in USA US Corporate Training Industry Growth Related Reports by Ken Research: – 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 India Ed-Tech Driven Career Programs Market Outlook to 2025 – Increasing Technological Capabilities of Ed-Tech Companies to Increase Program Enrolments and Spend in Future Australia Executive Education Market Outlook to 2024 –Driven by Rising Popularity of Online Education and Launch of Innovative Programs Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Post Views: 7 Tags: Corporate Training Companies in U.S, Corporate Training in America, Corporate Training Industry US, Corporate Training Market US, Corporate Training Technological Stack US, Coursera Corporate Training Industry Growth, Education Platforms in the USA, Employee Skilling Industry in US, Employee Training in Automotive Industry US, Employee Training in BFSI Sector US, Franklin Covey Enterprise Training Market Size, Future of US Corporate Training Industry, Global Knowledge Corporate Training Market, GP Strategies Corporate Training Market Share, Managed Employee Training Services US, Mobile Corporate Learning, NIIT Corporate Training Market Revenue Growth, Online Corporate Training Aggregator Platforms US, Simplilearn Corporate Training Market, Skillsoft Corporate Training Market Report, Top Blended Service Providers in USA, Training industry in the U.S, Udacity American Corporate Training Market, Udemy Enterprise Training Market Analysis, US Corporate E-Learning Industry, US Corporate Training End- User Industry, US Corporate Training in IT Industry, US Corporate Training in Telecom Industry, US Corporate Training Industry, US Corporate Training Industry Research Report, US Corporate Training Market, US Corporate Training Market Analysis, US Corporate Training Market Forecast, US Corporate Training Market Growth Rate, US Corporate Training Market Major Players, US Corporate Training Market Outlook, US Corporate Training Market Research Report, US Corporate Training Market Revenue, US Corporate Training Market Segmentation, US Corporate Training Market Share, US Corporate Training Market Size, US Customized Corporate Training Market, US Ed-Tech Market Growth, US Employee Training in Healthcare Market, US Employee Training Industry, US Integrated Corporate Training Market, US Managerial Corporate Training Market, US Non-Managerial Corporate Training Market, US Online Corporate Training Market, US Open Corporate Training Market, US Virtual Employee Training Market, USA Corporate Training Demand Analysis, USA Corporate Training Industy, USA Corporate Training Market, USA Digital Corporate Training Providers, USA Employee Education Market, USA Pluralsight Corporate Training Market