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AI Redefining Corporate Training Market, Projected USD 60.4 Billion Growth (2024-2028) Driven by Cost-Effective E Learning – Technavio Report

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NEW YORK, Sept. 18, 2024 /PRNewswire/ — Report with market evolution powered by AI- The global corporate training market size is estimated to grow by USD 60.4 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 9.54% during the forecast period. Emergence of cost-effective e-learning training modules is driving market growth, with a trend towards emergence of iot and wearable devices. However, technical constraints to implementing corporate training poses a challenge. Key market players include Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Inc, DEMOS, Development Dimensions International Inc., Educomp Solutions Ltd., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn, and Skillsoft Corp..

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Corporate Training Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 9.54%

Market growth 2024-2028

USD 60399.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

8.49

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 49%

Key countries

US, UK, Germany, Canada, and China

Key companies profiled

Adobe Inc., Articulate Global Inc., Blanchard Training and Development Inc., BTS Group AB, Cegos Group, Cisco Systems Inc., City and Guilds Group, D2L Inc, DEMOS, Development Dimensions International Inc., Educomp Solutions Ltd., Franklin Covey Co., John Wiley and Sons Inc., Korn Ferry, Learning Technologies Group Plc, Mind Gym Plc, NIIT Ltd., Richardson Sales Performance, Simplilearn, and Skillsoft Corp.

Market Driver

The corporate training market has witnessed significant growth due to the integration of Internet of Things (IoT) and wearable devices. These technologies have become increasingly popular for implementing e-learning solutions in businesses. Wearable devices, such as smart glasses and smartwatches, offer convenience and time savings for trainers. In collaboration with educational technologies like augmented reality (AR) and virtual reality (VR), these devices can create accurate, multidimensional simulations for training and development. The IoT concept holds immense potential for various industries, including healthcare, manufacturing, ITeS, and more. Wearable devices, such as clip-on cameras, AR glasses, and VR headsets, provide training experiences. For instance, VR glasses can be used for onboarding, company tours, fire hazard training, and team projects. Clip-on cameras record interactions for feedback purposes. The emergence of IoT and wearable devices is expected to drive the growth of the global corporate training market. 

The Corporate Training Market is thriving with trends like Chatbots and Virtual Assistants enhancing learning experiences. Continuous measurement and feedback ensure Quality Training aligns with Employee Skills, boosting Productivity and Efficiency. A Continuous Learning Culture fosters high Employee Morale, reducing Turnover Rates. FMCG, Pharmaceutical & Healthcare, Financial Services, Professional Services, Public Enterprises, IT, and more embrace Training for Rapid Innovation and Adaptation. Learning Management Systems on Mobile Devices and e-Learning enable Remote Work and Upskilling/Reskilling. Soft Skills, Diversity Initiatives, and Workplace Learning through Learning Activities contribute to Employee Performance and Business Goals. Virtual Training Methods, like Technical Training, cater to various Industries, including FMCG, Pharma, and IT. 

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Market Challenges

Corporate training solutions play a crucial role in enhancing the skills and knowledge of employees in various organizations. However, customization and integration are two significant challenges in implementing these solutions. Customization helps cater to specific end-user requirements, reducing time and complexity. However, it increases the operating cost, especially for small-scale companies. Integration with existing business applications is essential to maximize the potential of e-learning and streamline business processes. However, the integration of SaaS-based corporate training solutions with other software can be complex due to differing technology stacks. This lack of integration can lead to inefficiencies and decreased user interest, negatively impacting the global corporate training market. Corporate training vendors must provide technical support to help companies overcome these challenges and ensure successful implementation.The corporate training market is essential for upskilling and reskilling employees to meet business goals in today’s knowledge-based economy. Challenges include remote work, soft skills development, diversity initiatives, and workplace learning. Employees’ performance and retention depend on continuous learning and development. However, budget constraints, economic uncertainty, and time constraints pose challenges. Training methods, including virtual training, must be adaptable to meet organizational requirements. Digital transformation and technological adoption require digital skills, literacy, and specialized training programs. Training providers must offer personalized learning activities to engage employees and ensure satisfaction. Data analytics can help tailor training programs to individual needs. Adapting to digital tools, automation, and artificial intelligence is crucial for an adaptable workforce and sustainable growth. Overall, the corporate training market is key to building a competitive and successful business.

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Segment Overview 

This corporate training market report extensively covers market segmentation by

Product 1.1 Technical training1.2 Non-technical trainingType 2.1 Blended2.2 E-learningGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 Technical training- The corporate training market is a significant sector, providing businesses with essential skills development for their workforce. Companies invest in various training programs to enhance employee productivity and performance. These programs cover areas like communication, leadership, technical skills, and compliance. Training methods include in-person sessions, e-learning, and blended models. The market is continuously evolving, with technology playing a crucial role in delivering effective and efficient training solutions.

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Research Analysis

The Corporate Training Market is a dynamic and evolving industry focused on upskilling and reskilling employees to meet business goals in today’s knowledge-based economy. Remote work and virtual training methods have become increasingly popular, enabling continuous learning and development of soft skills, technical skills, and diversity initiatives. Workplace learning through various learning activities is essential for employee performance, retention, and adapting to changing business environments. Industries like Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology are significant consumers of corporate training. Learning Management Systems and mobile devices facilitate e-learning, making training more accessible and efficient. The focus on continuous learning and development is crucial for businesses to remain competitive and adapt to technological advancements.

Market Research Overview

The Corporate Training Market is a dynamic and evolving industry focused on upskilling and reskilling employees to meet the demands of a knowledge-based economy. With the shift to remote work and the increasing importance of soft skills, workplace learning has become a priority for businesses aiming for sustainable growth and competitiveness. Learning activities encompass a range of methods, including virtual training, continuous learning, and specialized programs, to develop the skills and competencies required for digital transformation and technological adoption. Employees are the backbone of every organization, and their performance and retention are crucial to business goals. Training providers offer various methods to cater to organizational requirements and budget constraints, including virtual training, mobile devices, and e-learning. Digital tools such as learning management systems, chatbots, and virtual assistants facilitate personalized and continuous measurement, feedback, and quality training. In today’s rapidly innovating world, industries such as FMCG, Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology rely on continuous learning cultures to adapt to economic uncertainty and financial constraints. Digital literacy and skills, including those related to automation, artificial intelligence, and data analytics, are essential for an adaptable workforce. Training methods must cater to various organizational requirements and employee constraints, such as time, work schedules, and engagement levels. Continuous measurement, feedback, and personalization are crucial for employee satisfaction and morale, which in turn impact turnover rates. Ultimately, the goal is to create a culture of continuous learning that fosters productivity, efficiency, and a high-performing workforce.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ProductTechnical TrainingNon-technical TrainingTypeBlendedE-learningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HelloNation Examines Medicare Advantage & Medigap Coverage Differences, Featuring Financial Advisor Ash Toumayants

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The article reviews provider access, prescription coverage, and out-of-pocket expenses when comparing Medicare Advantage and Medigap plans.

STATE COLLEGE, Pa., July 24, 2026 /PRNewswire/ — How should residents evaluate whether Medicare Advantage or Medigap coverage better fits their healthcare and financial needs? HelloNation answers this question in an article that explains the key considerations involved in choosing between Medicare Advantage and Medigap plans.

The HelloNation article features insights from Financial Advisor Ash Toumayants of Strong Tower Associates. The article explains that both Medicare Advantage and Medigap supplement Original Medicare but differ significantly in how they handle healthcare providers, prescription coverage, and overall out-of-pocket expenses.

Medicare Advantage plans are typically offered through private insurers and bundles Medicare Part A, Part B, and possibly prescription coverage into a single policy. However, Medicare Advantage plans generally operate with provider networks, meaning healthcare providers must often be selected from within the plan’s approved list.

For residents across Pennsylvania, provider access can play an important role in selecting the right plan. The article explains that individuals should review which healthcare providers are included in a Medicare Advantage network before enrolling. Plan networks may vary by county in Pennsylvania, so residents should confirm that their preferred doctors and specialists are covered.

Medigap plans, also known as Medicare Supplement Insurance, operate differently from Medicare Advantage. The article explains that Medigap works alongside Original Medicare and helps cover certain out-of-pocket expenses such as copays, coinsurance, and deductibles. Although Medigap policies generally involve higher monthly premiums, they can offer greater predictability in medical expenses.

One advantage of Medigap is flexibility in choosing healthcare providers. The article explains that individuals with Medigap coverage can typically visit any doctor or specialist who accepts Medicare nationwide. This broader provider access can be beneficial for retirees who want more freedom in choosing healthcare providers across Pennsylvania or while traveling.

Prescription coverage is another important factor in the decision process. Many Medicare Advantage plans include prescription coverage as part of their bundled benefits. In contrast, Medigap plans do not include prescription coverage, which means individuals who choose Medigap often purchase a separate Medicare Part D plan to manage medication costs.

Budget considerations also influence the decision between Medicare Advantage and Medigap. The article explains that while Medicare Advantage plans may have lower premiums, they often include copays and service limits that affect annual out-of-pocket expenses. Medigap plans generally involve higher premiums but may reduce unexpected out-of-pocket expenses throughout the year.

Travel and lifestyle habits can also affect which plan is more suitable. The article explains that Medicare Advantage plans may have limitations on out-of-network care outside their coverage area. For residents in Pennsylvania who travel frequently or spend time in multiple locations, Medigap coverage may offer greater flexibility when accessing healthcare providers.

Enrollment timing is another important consideration discussed in the article. Medicare Advantage and Medigap plans have different enrollment rules and deadlines tied to the Initial Enrollment Period or the annual Medicare Open Enrollment period. Missing these enrollment opportunities can limit plan choices or result in additional underwriting requirements.

The article concludes that choosing between Medicare Advantage and Medigap in Pennsylvania requires careful evaluation of healthcare providers, prescription coverage, travel habits, budget considerations, and potential out-of-pocket expenses. Comparing plan structures and reviewing coverage details helps individuals make informed decisions that align with their healthcare and financial priorities.

How to Decide Between Medicare Advantage & Medigap features insights from Ash Toumayants, Financial Advisor of State College, PA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hellonation-examines-medicare-advantage–medigap-coverage-differences-featuring-financial-advisor-ash-toumayants-302829329.html

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In HelloNation, Pool & Landscaping Expert Tina Possehn Wolbers Discusses What Pool Opening & Closing Services Include

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The article highlights how seasonal pool service simplifies pool maintenance and protects backyard pools year-round.

LANSING, Mich., July 24, 2026 /PRNewswire/ — What is included with pool opening and closing services, and how do they support pool ownership? The answer is explored in a HelloNation article, which features insights from Tina Possehn Wolbers of Wolbers-Possehn Pools, Ponds and Landscapes.

The HelloNation article explains that seasonal pool service plays a key role in maintaining a backyard pool throughout the year. By handling the transition between seasons, pool opening service and pool closing service make pool maintenance more manageable and allow homeowners to focus on enjoying their space.

Pool opening service marks the beginning of the swimming season. One of the first steps is removing the pool cover, which has protected the pool during colder months. The pool cover is carefully cleaned and stored, helping extend its lifespan and prepare it for future use. Once removed, the backyard pool begins to take shape as a clean and inviting environment.

Another important part of pool opening service is reconnecting and inspecting pool equipment. Pumps, filters, and circulation systems are checked to ensure they are functioning properly. This step helps restore water flow and sets the foundation for effective pool maintenance throughout the season.

Water level adjustments and water balancing are also essential components of pool opening service. Ensuring proper water levels allows systems to run efficiently, while water balancing helps create a safe and comfortable swimming environment. These steps help homeowners enjoy their backyard pool without unnecessary complications.

The article emphasizes that pool opening service and pool closing service are key components of seasonal pool service, helping simplify pool maintenance and reduce the stress of managing a pool. With a structured approach, homeowners can rely on consistent care that keeps their pool in good condition.

Pool closing service prepares the pool for colder months when it is not in use. This process includes lowering the water level to help prevent potential damage. Proper water management during pool closing service helps protect the structure and equipment over time.

Protecting plumbing lines is another critical part of pool closing service. Water is removed from pipes to prevent freezing and expansion, which could lead to damage. Taking these steps ensures that the system remains intact and ready for the next pool opening service.

Securing the pool cover completes the process. A properly fitted pool cover keeps debris out and helps maintain water quality during the off-season. It also makes the next pool opening service easier by reducing the amount of cleaning required.

Seasonal pool service provides a more predictable and low-stress experience for homeowners. Instead of handling every detail themselves, pool owners can rely on professional processes that keep their backyard pool functioning properly year after year.

Beyond maintenance, a well-cared-for backyard pool becomes a space for relaxation and connection. Whether hosting gatherings or enjoying quiet time, the pool adds value to everyday life. Pool opening service and pool closing service support that experience by keeping the pool ready when it matters most.

The HelloNation article concludes that understanding what is included in seasonal pool service helps homeowners set clear expectations and maintain their pool with confidence. With proper pool maintenance, water balancing, and use of a secure pool cover, owning a backyard pool in Lansing becomes both simple and enjoyable.

What Is Included With Pool Opening & Closing Services in Lansing? features insights from Tina Possehn Wolbers, Pool & Landscaping Expert of Lansing, MI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

View original content to download multimedia:https://www.prnewswire.com/news-releases/in-hellonation-pool–landscaping-expert-tina-possehn-wolbers-discusses-what-pool-opening–closing-services-include-302829324.html

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Verra Mobility Schedules Second Quarter 2026 Earnings Call

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MESA, Ariz., July 24, 2026 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2026, after market close on August 5, 2026.

Verra Mobility’s Interim Chief Executive Officer, Jon Keyser, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 5, 2026.

A live webcast will be available on the Company’s Investor Relations website at ir.verramobility.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. A replay of the call will also be made available on the Investor Relations website.

In addition, an archived webcast will be available in the “News & Events” section of Verra Mobility’s Investor Relations website at ir.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility principally operates in North America, Europe and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations:

Investor Relations:

Valerie Schneider

Mark Zindler

valerie.schneider@verramobility.com

mark.zindler@verramobility.com 

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