SlideShare a Scribd company logo
1 of 3
Download to read offline
1
© This is a licensed product of Ken Research and should not be copied
India Corporate Training Market Forecasts to 2020 - Incremental Allocation of Training Budgets in
MSMEs and PPP in Skill Development Initiatives to Propel Growth
June 2016
The corporate training market is expected to showcase a vibrant growth, with revenues to reach INR 32
billion by FY’2020. The market will continue to grow in the coming years with a substantial number of
private and public organizations looking forward to allocate significant share to training and
development programmers to leverage the vast potential in the evolving Indian economy. Global
expansion of businesses and confrontation of domestic as well as global competition will see companies
focusing more on their learning initiatives.
Currently, the market for corporate training is highly fragmented with presence of close to 700 small
and large sized companies engaged in delivery of all sorts of popular and niche training courses across
several verticals. Low cost of investment, lack of entry barriers and minimal price differentials has led to
high competition in the market and at the same time guarantee enormous scope for growth. There
exists enormous opportunities and scope of innovations and development in the market that will widen
the portfolio of niche courses and instigate the market.
2
© This is a licensed product of Ken Research and should not be copied
The industry is likely to be driven by the emerging MSMEs and start-ups that have mushroomed in the
last decade. MSMEs have slowly come to realize that calendar training is just not enough and they need
to conduct disruptive training programs to optimize their productivity and to sustain the market forces.
Demand for niche training programs on big data modules and machine learning is expected to fuel the
market growth in the forthcoming years. There has been a significant shift towards outcome-oriented
learning in Indian organizations. Companies in India have developed increased interest towards trainings
that are aligned to their business needs. Sales programs, customer management programs and other
managerial and leadership trainings are conducted keeping in mind the organization specific business
strategies and practices. Organizations have got proactively engaged in training needs analyses that has
a direct link to business goals and future priorities.
Government initiatives have played an important role in stimulating the market. The NSDC- private
collaborations has provided enormous potential for the existing and new players. There has been a
marked increase in companies adopting e-learning solutions because of the developments in rich
graphics and cost-effective e-training modules offered by training companies. These solutions are highly
interactive and engaging and relieve the management from sparing space and time for such
engagements.
“Behavioral trainings and Supervisor trainings are the most outsourced corporate trainings in India.
Mumbai accounted for the highest revenue generation in the market in FY’2015.” according to the
Research Analyst, Ken Research.
The report titled “India Corporate Training Market Forecasts to 2020 – Incremental Allocation of
Training Budgets in MSMEs and PPP in Skill Development Initiatives to Propel Growth” provides
detailed overview on the Corporate Training Market. This report helps reader to identify the ongoing
trends in the market and anticipated growth in future depending upon changing industry dynamics in
coming years. The report will help existing corporate training companies and other talent and
development agencies, freelancers, consultants, emerging players who wish to capitalize the market
potential and investors who are looking forward to venture into the corporate training market in India
3
© This is a licensed product of Ken Research and should not be copied
to align their market centric strategies according to ongoing and expected trends in the future.
Source: https://www.kenresearch.com/education-and-recruitment/education/india-corporate-
training-market-report/34609-99.htmlhttps://www.kenresearch.com/education-and-
recruitment/education/india-corporate-training-market-report/34609-99.html
Other Related Interesting Articles:
India Executive Education Market Outlook to 2020 - Preference for Skill Based MDPs and Virtual
Education to Drive Future
India Vocational Training Industry Outlook to 2018 - Driven by Rising Demand For Skilled Manpower
India E-learning Market Outlook to FY'2018 - Increasing Technology Adoption to Drive Future Growth
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

More Related Content

More from Ken Research Pvt ltd.

More from Ken Research Pvt ltd. (20)

GCC Countries Logistics Market MENA Logistics Industry Growth : Ken Research
GCC Countries Logistics Market  MENA Logistics Industry Growth : Ken ResearchGCC Countries Logistics Market  MENA Logistics Industry Growth : Ken Research
GCC Countries Logistics Market MENA Logistics Industry Growth : Ken Research
 
Demographic Conditions prompt a Gloomy Canadian Beer Outlook: Ken Research
Demographic Conditions prompt a Gloomy Canadian Beer Outlook: Ken ResearchDemographic Conditions prompt a Gloomy Canadian Beer Outlook: Ken Research
Demographic Conditions prompt a Gloomy Canadian Beer Outlook: Ken Research
 
India golf industry outlook to 2020 – ken research
India golf industry outlook to 2020 – ken researchIndia golf industry outlook to 2020 – ken research
India golf industry outlook to 2020 – ken research
 
Egypt Car Rental and Leasing Market Forecast to 2020 : Ken Research
Egypt Car Rental and Leasing Market Forecast to 2020 : Ken ResearchEgypt Car Rental and Leasing Market Forecast to 2020 : Ken Research
Egypt Car Rental and Leasing Market Forecast to 2020 : Ken Research
 
South africa lubricant market outlook to 2020
South africa lubricant market outlook to 2020South africa lubricant market outlook to 2020
South africa lubricant market outlook to 2020
 
Saudi arabia wellness market report 2020 |Wellness Services Market
Saudi arabia wellness market report 2020 |Wellness Services Market Saudi arabia wellness market report 2020 |Wellness Services Market
Saudi arabia wellness market report 2020 |Wellness Services Market
 
India electronic security market report 2020 |India CCTV Market |India Video...
India electronic security market report  2020 |India CCTV Market |India Video...India electronic security market report  2020 |India CCTV Market |India Video...
India electronic security market report 2020 |India CCTV Market |India Video...
 
India kids' apparel and footwear market outlook |India Kids Wear Market
India kids' apparel and footwear market outlook |India Kids Wear MarketIndia kids' apparel and footwear market outlook |India Kids Wear Market
India kids' apparel and footwear market outlook |India Kids Wear Market
 
India dental care service market report 2020 |India Dental Care Market
India dental care service market report  2020 |India Dental Care MarketIndia dental care service market report  2020 |India Dental Care Market
India dental care service market report 2020 |India Dental Care Market
 
India classified market report 2020 |India Online B2B Classifieds Market
India classified market report  2020 |India Online B2B Classifieds MarketIndia classified market report  2020 |India Online B2B Classifieds Market
India classified market report 2020 |India Online B2B Classifieds Market
 
Indonesia fitness services and equipment market report |Indonesia Fitness In...
Indonesia fitness services and equipment market report  |Indonesia Fitness In...Indonesia fitness services and equipment market report  |Indonesia Fitness In...
Indonesia fitness services and equipment market report |Indonesia Fitness In...
 
Philippines pawnshop market report 2020 | Pawnshop Loan Disbursed Philippines
Philippines pawnshop market report   2020 | Pawnshop Loan Disbursed PhilippinesPhilippines pawnshop market report   2020 | Pawnshop Loan Disbursed Philippines
Philippines pawnshop market report 2020 | Pawnshop Loan Disbursed Philippines
 
India used two wheeler market report | India Used Two Wheelers Market
India used two wheeler market report | India Used Two Wheelers MarketIndia used two wheeler market report | India Used Two Wheelers Market
India used two wheeler market report | India Used Two Wheelers Market
 
Philippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care ServicesPhilippines dental care market report |Philippines Dental Care Services
Philippines dental care market report |Philippines Dental Care Services
 
Philippines apparel and footwear market report 2020|Philippines Apparel Market
Philippines apparel and footwear market report 2020|Philippines Apparel Market Philippines apparel and footwear market report 2020|Philippines Apparel Market
Philippines apparel and footwear market report 2020|Philippines Apparel Market
 
India seed market report 2020 |India Hybrid Seeds Market|Vegetable Hybrid S...
India seed market report   2020 |India Hybrid Seeds Market|Vegetable Hybrid S...India seed market report   2020 |India Hybrid Seeds Market|Vegetable Hybrid S...
India seed market report 2020 |India Hybrid Seeds Market|Vegetable Hybrid S...
 
India industrial automation market report 2020 |India Industrial Automation...
India industrial automation market report   2020 |India Industrial Automation...India industrial automation market report   2020 |India Industrial Automation...
India industrial automation market report 2020 |India Industrial Automation...
 
India pharmacy retail market report -2020 |India Pharmacy Retail Market
India pharmacy retail market report -2020 |India Pharmacy Retail MarketIndia pharmacy retail market report -2020 |India Pharmacy Retail Market
India pharmacy retail market report -2020 |India Pharmacy Retail Market
 
Middle east oilfields and drilling services market report |UAE Oilfield Servi...
Middle east oilfields and drilling services market report |UAE Oilfield Servi...Middle east oilfields and drilling services market report |UAE Oilfield Servi...
Middle east oilfields and drilling services market report |UAE Oilfield Servi...
 
Industry Size UAE Lubricant |Iran Lubricant Market Trends|Market Growth Lubri...
Industry Size UAE Lubricant |Iran Lubricant Market Trends|Market Growth Lubri...Industry Size UAE Lubricant |Iran Lubricant Market Trends|Market Growth Lubri...
Industry Size UAE Lubricant |Iran Lubricant Market Trends|Market Growth Lubri...
 

Recently uploaded

Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdfFinancial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
MinawBelay
 
SURVEY I created for uni project research
SURVEY I created for uni project researchSURVEY I created for uni project research
SURVEY I created for uni project research
CaitlinCummins3
 

Recently uploaded (20)

An overview of the various scriptures in Hinduism
An overview of the various scriptures in HinduismAn overview of the various scriptures in Hinduism
An overview of the various scriptures in Hinduism
 
Incoming and Outgoing Shipments in 2 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 2 STEPS Using Odoo 17Incoming and Outgoing Shipments in 2 STEPS Using Odoo 17
Incoming and Outgoing Shipments in 2 STEPS Using Odoo 17
 
demyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptxdemyelinated disorder: multiple sclerosis.pptx
demyelinated disorder: multiple sclerosis.pptx
 
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
Basic Civil Engineering notes on Transportation Engineering, Modes of Transpo...
 
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdfFinancial Accounting IFRS, 3rd Edition-dikompresi.pdf
Financial Accounting IFRS, 3rd Edition-dikompresi.pdf
 
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
TỔNG HỢP HƠN 100 ĐỀ THI THỬ TỐT NGHIỆP THPT VẬT LÝ 2024 - TỪ CÁC TRƯỜNG, TRƯ...
 
“O BEIJO” EM ARTE .
“O BEIJO” EM ARTE                       .“O BEIJO” EM ARTE                       .
“O BEIJO” EM ARTE .
 
The Ball Poem- John Berryman_20240518_001617_0000.pptx
The Ball Poem- John Berryman_20240518_001617_0000.pptxThe Ball Poem- John Berryman_20240518_001617_0000.pptx
The Ball Poem- John Berryman_20240518_001617_0000.pptx
 
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
BỘ LUYỆN NGHE TIẾNG ANH 8 GLOBAL SUCCESS CẢ NĂM (GỒM 12 UNITS, MỖI UNIT GỒM 3...
 
Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).Dementia (Alzheimer & vasular dementia).
Dementia (Alzheimer & vasular dementia).
 
size separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceuticssize separation d pharm 1st year pharmaceutics
size separation d pharm 1st year pharmaceutics
 
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General QuizPragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
Pragya Champions Chalice 2024 Prelims & Finals Q/A set, General Quiz
 
Software testing for project report .pdf
Software testing for project report .pdfSoftware testing for project report .pdf
Software testing for project report .pdf
 
An Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptxAn Overview of the Odoo 17 Discuss App.pptx
An Overview of the Odoo 17 Discuss App.pptx
 
SURVEY I created for uni project research
SURVEY I created for uni project researchSURVEY I created for uni project research
SURVEY I created for uni project research
 
Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
 Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
Envelope of Discrepancy in Orthodontics: Enhancing Precision in Treatment
 
IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.IPL Online Quiz by Pragya; Question Set.
IPL Online Quiz by Pragya; Question Set.
 
Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024Capitol Tech Univ Doctoral Presentation -May 2024
Capitol Tech Univ Doctoral Presentation -May 2024
 
MOOD STABLIZERS DRUGS.pptx
MOOD     STABLIZERS           DRUGS.pptxMOOD     STABLIZERS           DRUGS.pptx
MOOD STABLIZERS DRUGS.pptx
 
ANTI PARKISON DRUGS.pptx
ANTI         PARKISON          DRUGS.pptxANTI         PARKISON          DRUGS.pptx
ANTI PARKISON DRUGS.pptx
 

India Corporate Training Market Forecasts to 2020 - Incremental Allocation of Training Budgets in MSMEs and PPP in Skill Development Initiatives to Propel Growth

  • 1. 1 © This is a licensed product of Ken Research and should not be copied India Corporate Training Market Forecasts to 2020 - Incremental Allocation of Training Budgets in MSMEs and PPP in Skill Development Initiatives to Propel Growth June 2016 The corporate training market is expected to showcase a vibrant growth, with revenues to reach INR 32 billion by FY’2020. The market will continue to grow in the coming years with a substantial number of private and public organizations looking forward to allocate significant share to training and development programmers to leverage the vast potential in the evolving Indian economy. Global expansion of businesses and confrontation of domestic as well as global competition will see companies focusing more on their learning initiatives. Currently, the market for corporate training is highly fragmented with presence of close to 700 small and large sized companies engaged in delivery of all sorts of popular and niche training courses across several verticals. Low cost of investment, lack of entry barriers and minimal price differentials has led to high competition in the market and at the same time guarantee enormous scope for growth. There exists enormous opportunities and scope of innovations and development in the market that will widen the portfolio of niche courses and instigate the market.
  • 2. 2 © This is a licensed product of Ken Research and should not be copied The industry is likely to be driven by the emerging MSMEs and start-ups that have mushroomed in the last decade. MSMEs have slowly come to realize that calendar training is just not enough and they need to conduct disruptive training programs to optimize their productivity and to sustain the market forces. Demand for niche training programs on big data modules and machine learning is expected to fuel the market growth in the forthcoming years. There has been a significant shift towards outcome-oriented learning in Indian organizations. Companies in India have developed increased interest towards trainings that are aligned to their business needs. Sales programs, customer management programs and other managerial and leadership trainings are conducted keeping in mind the organization specific business strategies and practices. Organizations have got proactively engaged in training needs analyses that has a direct link to business goals and future priorities. Government initiatives have played an important role in stimulating the market. The NSDC- private collaborations has provided enormous potential for the existing and new players. There has been a marked increase in companies adopting e-learning solutions because of the developments in rich graphics and cost-effective e-training modules offered by training companies. These solutions are highly interactive and engaging and relieve the management from sparing space and time for such engagements. “Behavioral trainings and Supervisor trainings are the most outsourced corporate trainings in India. Mumbai accounted for the highest revenue generation in the market in FY’2015.” according to the Research Analyst, Ken Research. The report titled “India Corporate Training Market Forecasts to 2020 – Incremental Allocation of Training Budgets in MSMEs and PPP in Skill Development Initiatives to Propel Growth” provides detailed overview on the Corporate Training Market. This report helps reader to identify the ongoing trends in the market and anticipated growth in future depending upon changing industry dynamics in coming years. The report will help existing corporate training companies and other talent and development agencies, freelancers, consultants, emerging players who wish to capitalize the market potential and investors who are looking forward to venture into the corporate training market in India
  • 3. 3 © This is a licensed product of Ken Research and should not be copied to align their market centric strategies according to ongoing and expected trends in the future. Source: https://www.kenresearch.com/education-and-recruitment/education/india-corporate- training-market-report/34609-99.htmlhttps://www.kenresearch.com/education-and- recruitment/education/india-corporate-training-market-report/34609-99.html Other Related Interesting Articles: India Executive Education Market Outlook to 2020 - Preference for Skill Based MDPs and Virtual Education to Drive Future India Vocational Training Industry Outlook to 2018 - Driven by Rising Demand For Skilled Manpower India E-learning Market Outlook to FY'2018 - Increasing Technology Adoption to Drive Future Growth Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249