China Corporate Training Market Overview
According to SPER Market Research, the China Corporate Training Market is estimated to reach USD XX billion by 2032 with a CAGR of XX%.
It is anticipated that the China Corporate Training Market will expand as a result of new government initiatives, technical advancements, and investments in digitalization. One of the significant corporate training market trends that is anticipated to have a favourable impact on the sector in the coming years is the rising popularity of mobile-based training as well as the development of IoT and wearable technology. Yuaniences and corporate trainers are quickly adopting smart eyewear like Google Glass and smartwatches like the Apple Watch to offer interactive and immersive learning experiences. China's corporate sector is expanding, and more and more Chinese businesses are asking for corporate training. As a result, it will expand the Chinese market. Additionally, the market will be supported in the future by elements including virtual training, organizational needs, investments in digitization, work-from-home trainings, technical advancements, and an increase in learning requirements.
One of the main factors influencing the growth of the corporate training market in China is the emphasis on investments in digitalization, work-from-home trainings, and technical advancements. Technological adoption in Corporate Training: Due to the training process reliance on technology, organizations will be obliged to outsource it in order to ensure successful training delivery. Businesses can also employ the services to teach the trainers in order to prepare management. Several digital learning strategies, such as virtual learning, social learning, mobile learning, and micro-learning platforms, are being investigated by businesses. Reduced operating costs and improved data for capital investment decision-making a growing number of businesses in China have modernized their training environments by embracing e-learning solutions in order to guarantee staff efficiency. These solutions are complemented by learning management systems, which offer all the components necessary for successful training practice management, including performance management, administration, and content management, as well as the delivery of unique and specialized courses for employees. As a result, individuals are paying more attention to online learning environments, which is causing the LMS industry to expand.
Impact of COVID-19 on the China Corporate Training Market
The COVID-19 epidemic has had a negative impact on the corporate training business. The COVID-19 has caused millions of jobs to be lost globally. The pandemic's effects on employment have also been worst in China in terms of percentage. The R&D teams had a lot of trouble proving the return on investment of their training programs due to budget constraints in the business sector brought on by the global economic turmoil. The digitalization and offline to online transition have advanced quickly by a few years as a result of COVID-19. There are now more innovative ways to deliver training, including blended learning, virtual classrooms, online learning, and computer-based techniques.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Type of Training Services, By Deployment, By Designation of Employee, By Mode of Learning, By End User
|
| Regions covered | East China, Middle China, North China, Northeast China, Northwest China, South China, Southwest China
|
| Companies Covered | Hefei KJLink Technology Company Limited, Jiangsu Vital Fintech Data Corp, Jinan Tian Rui Foreign Enterprise Human Resources Service Co., Ltd., Nanning Corporate Training Solutions, NobleProg, Tang Cultural Media, Ultimahub, Zhejiang Unicall Information Technology Service Co., Ltd.
|
Target Audience-
- Contractual Professional Trainers
- Corporate Training Companies
- Ed-tech Companies
- Freelance Trainers
- Industry Veterans
- Industry/Corporate Coach
- IT Solutions and Support Companies
- Retired Experienced Faculties
- Self-Based Learning Platforms Companies
- Top UG/PG Private Universities
China Corporate Training Market Segmentation:
1. By Type of Training Services:
- Brand Training
- Customer Management
- Leadership
- Managerial
- Quality Training
- Sales
- Soft Skills
- Technical
- Technical Training
2. By Deployment:
3. By Designation of Employee:
- Integrated
- Managerial
- Non-Managerial
4. By Mode of Learning:
- Blended Learning
- Instructor Led Classroom Only
- Mobile and Social Learning
- Online or Computer Based Methods
- Virtual Classroom
5. By End User:
- Automobile
- BFSI
- FMCG/Retail
- Healthcare
- IT/ITES
- Manufacturing
- Telecom
6. By Region:
- East China
- Middle China
- North China
- Northeast China
- Northwest China
- South China
- Southwest China
Key Topics Covered in the Report:
- Size of China Corporate Training Market (FY’2019-FY’2032)
- Overview of China Corporate Training Market
- Segmentation of China Corporate Training Market By Type of Training Services (Brand Training, Customer Management, Leadership, Managerial, Quality Training, Sales, Soft Skills, Technical, Technical Training)
- Segmentation of China Corporate Training Market By Deployment (Off-Site, On-Site)
- Segmentation of China Corporate Training Market By Designation of Employee (Integrated, Managerial, Non-Managerial)
- Segmentation of China Corporate Training Market By Mode of Learning (Blended Learning, Instructor Led Classroom Only, Mobile and Social Learning, Online or Computer Based Methods, Virtual Classroom)
- Segmentation of China Corporate Training Market By End User (Automobile, BFSI, FMCG/Retail, Healthcare, IT/ITES, Manufacturing, Telecom)
- China Corporate Training Market Growth Analysis
- Problems and Challenges in China Corporate Training Market
- China Corporate Training Market Competitive Landscape
- Impact of COVID-19 and Demonetization on China Corporate Training Market
- Details on Recent Investment in China Corporate Training Market
- Competitive Analysis of China Corporate Training Market
- Major Players in the China Corporate Training Market
- SWOT Analysis of China Corporate Training Market
- China Corporate Training Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the China Corporate Training Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 China Corporate Training Manufacturing Base Distribution, Sales Area, Product Type
6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in China Corporate Training Market
7. China Corporate Training Market, By Type of Training Services, 2019-2032 (USD Million)
7.1 Brand Training
7.2 Customer Management
7.3 Leadership
7.4 Managerial
7.5 Quality Training
7.6 Sales
7.7 Soft Skills
7.8 Technical
7.9 Technical Training
8. China Corporate Training Market, By Deployment, 2019-2032 (USD Million)
8.1 Off-Site
8.2 On-Site
9. China Corporate Training Market, By Designation of Employee, 2019-2032 (USD Million)
9.1 Integrated
9.2 Managerial
9.3 Non-Managerial
10. China Corporate Training Market, By Mode of Learning, 2019-2032 (USD Million)
10.1 Blended Learning
10.2 Instructor Led Classroom Only
10.3 Mobile and Social Learning
10.4 Online or Computer Based Methods
10.5 Virtual Classroom
11. China Corporate Training Market, By End User, 2019-2032 (USD Million)
11.1 Automobile
11.2 BFSI
11.3 FMCG/Retail
11.4 Healthcare
11.5 IT/ITES
11.6 Manufacturing
11.7 Telecom
12. China Corporate Training Market, By Region, 2019-2032 (USD Million)
12.1 China Corporate Training Size and Market Share by Region (2019-2025)
12.2 China Corporate Training Size and Market Share by Region (2026-2032)
12.3 East China
12.4 Middle China
12.5 North China
12.6 Northeast China
12.7 Northwest China
12.8 South China
12.9 Southwest China
13. Company Profiles
13.1 Hefei KJLink Technology Company Limited
13.1.1 Company details
13.1.2 Financial outlook
13.1.3 Product summary
13.1.4 Recent developments
13.2 Jiangsu Vital Fintech Data Corp
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 Jinan Tian Rui Foreign Enterprise Human Resources Service Co., Ltd.
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 Nanning Corporate Training Solutions
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 NobleProg
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Tang Cultural Media
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 Ultimahub
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8 Zhejiang Unicall Information Technology Service Co., Ltd.
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
