Corporate Training Continues Expanding

Corporate Training Continues Expanding

The Global Corporate Training market is expected to grow at a CAGR of 8.77% over the period 2014-2019, according to a new report from Research and Markets.

According to the report, the need for skill development is one of the factors driving market growth. Companies today are expanding their businesses worldwide and confronting global as well as regional competition. This competition is pushing companies to adopt advanced employee training programs.

Further, the report states that there is no method of evaluating the effectiveness of training programs. Companies use training programs to streamline their strategic business goals alongside skill development.

And with the advent of online training solutions, the report further notes, it has become easy to train geographically diversified teams. There are also new and advanced solutions for classroom training providers, so companies worldwide are showing a trend toward offering blended training sessions.

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