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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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Mahoney Environmental Customers and Theft Prevention Team Help Lead to Nine Arrests in Three States in Under a Month

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WOODRIDGE, Ill., Nov. 4, 2026 /PRNewswire/ — Mahoney Environmental, a leading used cooking oil (UCO) recycler, today shares that its Grease Theft Rewards Program and Theft Prevention Team supported four recent incidents in three states that resulted in nine arrests in under a month.

Recent Incidents

Cranston, R.I. (Sept. 11): Police made two arrests after locating a suspect vehicle at PJ’s Pub. About 100 gallons of UCO were taken. Mahoney’s Sales and Theft Prevention teams collaborated on the case.Plymouth, Ind. (Sept. 17): A King Gyros owner spotted a truck stealing UCO on camera and called dispatch. When the truck returned, police arrested two men.Evansville, Ind. (Sept. 29): Officers responded to a theft in progress and found roughly 300 gallons of UCO in the suspects’ van. Two men were charged.Beverly, Mass. (Oct. 10): A neighbor alerted a business owner, who watched surveillance footage and called police. Officers made three arrests.

Why Quick Reporting Matters

Annually, UCO theft costs restaurants and recyclers millions of dollars, and thieves can empty a container in minutes. In each case, someone noticed something wrong and acted.

“Restaurant owners have enough to worry about without wondering if their oil is safe overnight. That’s why every Mahoney customer is eligible for a reward when their tip leads to an arrest and/or conviction. We want customers to know that speaking up is worth it, and that we have their backs,” said Beau Mega, SVP of Sales and Marketing, Mahoney Environmental.

How the Program Works

Mahoney’s dedicated Theft Prevention Team works closely with law enforcement and customers to identify and prosecute UCO thieves. All customers are eligible for cash rewards, and rewards vary between misdemeanor and felony convictions and are granted per vehicle. To report a theft or learn more, visit the Mahoney Environmental Grease Theft Rewards Program.

All individuals arrested are presumed innocent until proven guilty.

About Mahoney Environmental

Founded in 1953, Mahoney Environmental helps food service operators nationwide recycle used cooking oil, enabling nearly 100% material recovery at all facilities. In 2020, Neste (HEL: NESTE) acquired Mahoney Environmental, strengthening the global supply chain for sustainable aviation fuel and renewable diesel production. Mahoney is a licensed EPA and ISCC Certified recycler committed to creating a safer planet for future generations.

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SOURCE Mahoney Environmental

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Getwebcraft Limited launches MakeCalligraphy for creative lettering and text design

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MakeCalligraphy offers free tools for decorative lettering, signatures, monograms, and handwritten pages for personal projects and business use.

NICOSIA, Cyprus, Nov. 4, 2026 /PRNewswire-PRWeb/ — Getwebcraft Limited has launched MakeCalligraphy, a collection of free online tools for creating lettering for personal projects, business communications, and event stationery. The site lets users turn their own words into styled text images, compare fonts, and download lettering for use in digital designs and print layouts.

Getwebcraft Limited has launched MakeCalligraphy, a collection of free online tools that lets users turn their own words into styled text images, compare fonts, and download lettering for use in digital designs and print layouts.

The collection includes calligraphy, cursive, and decorative font generators, signature and monogram makers, and a tool for turning typed text into handwritten pages. Users can explore styles such as brush, gothic, graffiti, tattoo, manga, and comic lettering for branding, social media graphics, invitations, stationery, and personalized gifts. Below is a spotlight on five tools from MakeCalligraphy’s wider collection for lettering and text design.

Calligraphy and cursive generator for names, messages, and branding

The calligraphy and cursive generator turns names, quotes, slogans, and other short text messages into lettering using handwritten, cursive, and script fonts. Users can compare their text in several fonts before choosing a version and adjusting its size, color, line height, and alignment.

Background options include transparent and colored fills, allowing the exported lettering to fit different layouts. Users can turn a name into cursive lettering, style a quote for a social media graphic, or create a calligraphy heading for a website. Downloads are available as PNG images or scalable SVG files, without watermarks.

Signature generator with typing and drawing options

The signature generator gives users two ways to create a signature image. They can type a name and compare handwritten font styles, or draw their own signature with a mouse, finger, or stylus.

For drawn signatures, pen styles and settings let users adjust the appearance of existing strokes, including their size and color. Depending on the selected pen, controls also support changes to smoothing, stroke contrast, and tapered endings. Users can compare finishes on the same drawing before downloading it.

Transparent PNG files can be placed in compatible email or document editors. SVG files provide scalable artwork for compatible design software. Uses include personal website signoffs, artwork credits, and names added to letters or presentation slides.

Wedding text generator for invitations and stationery

The wedding text generator helps users compare names, dates, and short phrases in wedding calligraphy, script, and handwritten fonts. They can adjust text size, colors, line spacing, and alignment, then download the lettering for use in their own invitation or stationery layout.

Couples and event planners can use the same lettering style across invitation headings, guest place cards, menus, welcome signs, and thank you notes. Transparent backgrounds allow the lettering to sit over a photograph or colored design, while SVG downloads can be scaled in compatible software for larger printed signs. Users supply the wording and assemble the finished design in their chosen application.

Monogram maker for initials and personal designs

The monogram maker combines initials, fonts, and frames for personal or wedding monograms. Users can start with a preset, adjust individual letters, and change the colors and background. Designs can be downloaded as PNG images or scalable SVG files for use on invitations, stationery, and other personal designs.

Text to handwriting for notes and letters

The text to handwriting tool turns typed passages into pages styled with handwriting fonts. Users can choose paper formats, adjust margins and line spacing, and set ink and paper colors. Longer text flows across multiple pages. The tool exports a complete document as a PDF or the current page as a PNG, allowing users to prepare notes and letters for printing or sharing.

All the MakeCalligraphy tools work directly in a browser without requiring an account.

About MakeCalligraphy

MakeCalligraphy is a collection of free online tools for calligraphy, signatures, decorative lettering, and other text design projects. Its tools work in a browser and help users style their own text for personal and business projects. MakeCalligraphy is developed by Getwebcraft Limited.

Media Contact

Giorgia Mangoni, Getwebcraft Limited, 39 3402200119, giorgia.mangoni@getsitecontrol.com

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Harvard students win the 2026 James Dyson Award’s Global Medical category for Rumble Rims, a breakthrough concussion-screening headset

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BOSTON, Nov. 4, 2026 /PRNewswire/ — Rumble Rims, a low-cost headset designed to bring objective concussion screening to the sidelines, has won the Global Medical category of the 2026 James Dyson Award. Created by Harvard University students Cleo Pontone, Radhika Saran and Sophia DeVito, the U.S. invention uses infrared eye-tracking to help identify possible neurological impairment when critical decisions must be made. The team will receive $40,000 to accelerate development of the technology.

Rumble Rims has won the 2026 James Dyson Award’s Global Medical category. Selected by Sir James Dyson, the Harvard team’s invention addresses one of sports’ most urgent safety challenges: recognizing a possible concussion quickly and objectively before an athlete returns to play.

The honor places Rumble Rims among the world’s most promising student inventions. Since 2005, the James Dyson Award has supported more than 400 student inventions worldwide with $2 million in prize money. This year, 2,294 entries were submitted by emerging engineers across 28 countries and regions—the highest number in the competition’s history.

James Dyson on Rumble Rims: “All too often, we hear of those having accidents involving head injuries, particularly amongst athletes, and suffering the consequences later in life. Yet spotting concussion is complex, requiring specialist equipment and hospital expertise, so screening isn’t always done when it should be. Cleo, Radhika and Sophia have found a new way to bring objective screening to the sidelines, where the critical decisions are made. It could help prevent the lasting brain injuries that affect so many sportsmen and women.”

2026 Global Medical Winner – Rumble Rims, invented by Cleo Pontone, Radhika Saran and Sophia DeVito

A critical challenge in sports

Concussion is a serious concern at every level of sports, from youth leagues to elite competition. When it goes unrecognized and an athlete continues to play, the risk of further brain injury can increase. Yet concussion can be difficult to identify in the moment because symptoms differ from person to person and may take up to 72 hours to appear.

Objective assessment technologies are available, but many are expensive, clinic-based or dependent on specialist expertise. That can leave schools, youth leagues and grassroots teams relying heavily on subjective sideline judgment precisely when fast, informed decisions matter most.

A winning solution built for the sidelines

Harvard University students Cleo Pontone, Radhika Saran and Sophia DeVito developed Rumble Rims to help close that gap. Their low-cost infrared eye-tracking headset is designed to bring objective concussion screening to the sidelines, placing potentially valuable neurological insight closer to athletes, coaches and trainers at the moment of concern.

During a two- to three-minute test, infrared cameras measure how an athlete’s eyes follow, fixate and move—behaviors that can provide an objective indication of neurological impairment. A mobile display translates those measurements into real-time guidance to help inform whether an athlete should be removed from play and referred for professional medical assessment.

Rumble Rims extends beyond the initial sideline screening. Its recovery dashboard enables repeat testing over time, creating an objective record that athletes, families and clinicians can use to monitor progress before returning to play. The system is intended as a screening tool, not a diagnostic device; return-to-play decisions remain under the direction of a qualified healthcare professional.

The team moved through prototypes involving helmets, mouthguards and chin rests before developing the current headset, which uses side-mounted infrared cameras and 45-degree dichroic mirrors. Feedback from medical professionals and coaches informed the design throughout. With support from the James Dyson Award, the team plans to build and test a higher-fidelity prototype, refine the eye-movement assessment and validate Rumble Rims with athletes, coaches, trainers and medical advisers. Their longer-term ambition is to pilot the technology with schools and youth sports programs and pursue medical device validation.

On winning the James Dyson Award, Cleo, Radhika and Sophia said: “The recognition from the James Dyson Award validates our belief that we don’t have to accept problems as they stand today. Concussions in youth sports have become something we treat as routine, despite their long-term neurological impact. We can challenge norms like this one and design a more usable, accessible world where technology reaches people when they need it most, not after the damage is done. This award gives us an incredible opportunity to progress towards pilots that could put Rumble Rims on every sideline.”

Shuya Gong, Faculty of Master’s in Design Engineering at Harvard, said: “What impressed me most about Cleo, Sophia, and Radhika was how, through rapid prototyping and curious experimentation, they found elegant ways to test ambitious ideas while holding themselves to the conviction that their solution should be affordable and easy to use, whether on the sidelines or at home. Rumble Rims is a fantastic collision of designing for care and engineering rigor.”

James Dyson Award

The James Dyson Award is an international design competition that inspires and celebrates the next generation of design engineers. Now in its 21st year, the Award has supported more than 400 problem-solving inventions with over $2.3m in prize money. It operates across 28 countries and regions and is run by the James Dyson Foundation, Sir James Dyson’s engineering-education charity.

James Dyson Foundation

The James Dyson Foundation, established in the UK in 2002, now supports design, technology and engineering education programs not only in the UK but also in countries around the world, including the United States, Japan, Singapore, the Philippines and Malaysia. To date, James Dyson and the James Dyson Foundation have donated more than $210 million to charitable causes. This includes a $16 million donation to establish the Dyson School of Design Engineering at Imperial College London, an $11 million donation to support the creation of the Dyson Centre for Engineering Design and the James Dyson Building at the University of Cambridge and finally, a $10.5 million donation to fund Malmesbury Primary School’s STEAM Center and expansion project.

1 Sarmiento, K., Thomas, K. E., Daugherty, J., Waltzman, D., Haarbauer-Krupa, J. K., Peterson, A. B., Haileyesus, T., & Breiding, M. J. (2019). Emergency department visits for sports- and recreation-related traumatic brain injuries among children — United States, 2010–2016 . MMWR Morbidity and Mortality Weekly Report, 68(10), 237–242.
2 DePadilla, L., Miller, G. F., Jones, S. E., Peterson, A. B., & Breiding, M. J. (2018). Self-reported concussions from playing a sport or being physically active among high school students — United States, 2017 . MMWR Morbidity and Mortality Weekly Report, 67(24), 682–685.
3 Centers for Disease Control and Prevention. Responding to a sports-related concussion; and Centers for Disease Control and Prevention. Returning to sports. CDC HEADS UP.
4 Eye-movement and ocular biomarker research, including Murray et al. Smooth pursuit and saccades after sport-related concussion; and Carrick et al. The pupillary light reflex as a biomarker of concussion.

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