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Corporate Training Market to Grow by USD 43.86 Billion (2025-2029), Boosted by Cost-Effective E-Learning Modules, AI Driving Market Transformation – Technavio

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NEW YORK, Feb. 6, 2025 /PRNewswire/ — Report with the AI impact on market trends – The global corporate training market size is estimated to grow by USD 43.86 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of  7.8%  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 implement 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

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 7.8%

Market growth 2025-2029

USD 43859.4 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.2

Regional analysis

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

Performing market contribution

North America at 46%

Key countries

US, UK, Germany, Canada, Japan, China, India, South Korea, France, and Italy

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 is thriving as businesses prioritize upskilling and reskilling their employees to meet the demands of a knowledge-based economy. Remote work and workplace learning are trending, with soft skills, diversity initiatives, and digital skills in high demand. Talent development is key to business goals like performance, retention, and competitiveness. Training methods include virtual, continuous, and specialized programs. Budget and time constraints, economic uncertainty, and organizational requirements shape training decisions. Technology implementations, such as digital tools, automation, and artificial intelligence, require digital literacy and skills. Training providers offer personalized learning activities through chatbots and virtual assistants, with continuous measurement and feedback ensuring quality. Employees’ productivity and efficiency depend on a continuous learning culture, employee engagement, and satisfaction. Industries like FMCG, Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology all benefit from technology-enabled training programs. 

The corporate training market has seen a significant shift towards digital solutions, with the Internet of Things (IoT) and wearable devices playing a pivotal role. Wearable devices, such as smart glasses like Google Glass and smartwatches like the Apple Watch, offer convenience and time-saving benefits. These devices can be used for tracking trainee attendance and monitoring performance in real-time, making training sessions more efficient. In collaboration with educational technologies like augmented reality (AR) and virtual reality (VR), wearable devices have the potential to create accurate, multidimensional simulations for learning and development in modern organizations. This approach enhances the training experience and improves overall performance. 

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 Market Challenges

The corporate training market is a vital aspect of upskilling and reskilling employees to meet business goals in today’s knowledge-based economy. With remote work becoming the new norm, workplace learning has shifted to various learning activities. Soft skills, diversity initiatives, and digital skills are essential for an adaptable workforce in a competitive and sustainable growth environment. However, challenges persist. Economic uncertainty and financial constraints impact budgets for training programs. Time constraints due to work schedules and employee engagement are crucial. Training providers offer virtual training methods for continuous learning and development, but personalization and continuous measurement are key to employee satisfaction and retention. Technological adoption, such as digital tools, automation, and artificial intelligence, necessitates specialized training programs for digital literacy and skills. Organizational requirements and employee performance are closely linked, making quality training essential for productivity and efficiency. Industries like FMCG, Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology have unique training needs due to rapid innovation and operational efficiency requirements. Learning Management Systems and mobile devices enable e-learning, making training more accessible. Continuous learning culture, employee morale, and turnover rates are crucial indicators of a successful training program.Corporate training solutions face technical constraints in the form of customization and integration in the corporate sector. Customization is essential to cater to specific user requirements, reducing time and complexity. However, it increases operating costs, particularly for small-scale companies. Vendors must provide technical support to enhance product functionality, but may withdraw it due to cost reductions. This creates challenges for companies in implementing effective corporate training programs. Customization and documentation facilitate easy upgrades, yet come with added expenses. Companies must weigh these factors to optimize their training investments.

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Segment Overview 

This corporate training market report extensively covers market segmentation by 

ProductTechnical TrainingNon-technical TrainingTypeBlendedE-learningGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And AfricaIndustriesRetailPharmaceutical And HealthcareFinancial ServicesProfessional ServicesPublic EnterprisesInformation TechnologyOthers Industries

1.1 Technical training-  The global corporate training market for non-technical skills is expected to experience significant growth during the forecast period. This growth is driven by the increasing importance of soft skills in enhancing employee productivity and driving business success. Non-technical training covers areas such as leadership development, team-building, problem-solving, and management techniques. These training programs are learner-centric and focus on outcomes that can be measured using behavioral objectives. Organizations are recognizing the value of investing in their employees’ personal and professional development, leading to increased productivity and business growth. Non-technical skills are essential for optimizing technical skills and are in high demand across industries and professions. Training programs are not limited to new employees but are also offered to mid-level and senior management to help them make effective decisions and facilitate business growth. With the increasing focus on people management and the skills gap, senior and HR managers are prioritizing soft skills training. The trend is expected to continue as service-based industries expand and soft skills become increasingly important in client-facing roles and marketing positions. Training providers are responding to this demand by offering mobile and online learning programs to cater to modern learners. For instance, Skillsoft offers a leadership skills development program featuring technology-enabled e-learning solutions, while Vital Smarts provides a leadership training program called Influencer Training. Collaborations between organizations and training vendors to enhance non-technical learning and development programs are expected to fuel the growth of the global corporate training market during the forecast period.

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Research Analysis

The Corporate Training Market is a dynamic and evolving industry focused on upskilling and reskilling employees to meet the demands of the knowledge-based economy. With remote work becoming increasingly common, workplace learning has taken on new meaning, incorporating virtual training methods and learning management systems. Soft skills, such as communication and problem-solving, are in high demand, as are diversity initiatives to foster inclusive workplaces. Business goals, employee performance, and retention are key drivers for corporate training. Technical training spans various industries, including Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology. Learning activities are delivered through various methods, including e-learning and mobile devices, and continuous development is essential for staying competitive.

Market Research Overview

The Corporate Training Market is a dynamic and evolving landscape that focuses on upskilling and reskilling employees to meet the demands of a knowledge-based economy. With remote work becoming increasingly prevalent, workplace learning has shifted to include various learning activities that prioritize soft skills, diversity initiatives, and continuous development. Business goals such as performance, retention, and competitiveness drive the need for talent development in various sectors, including FMCG, Pharmaceutical and Healthcare, Financial Services, Professional Services, Public Enterprises, and Information Technology. Training methods have evolved to include virtual training methods, continuous learning, and specialized programs tailored to organizational requirements. Digital transformation and technological adoption have led to the implementation of digital tools, automation, and artificial intelligence, necessitating the development of digital skills and literacy. Training providers offer personalized solutions to address budget constraints, time constraints, and employee engagement, utilizing chatbots, virtual assistants, data analytics, and continuous measurement for feedback and quality training. Employees’ productivity, efficiency, and morale are key indicators of a successful training program, contributing to sustainable growth and adaptation in a rapidly innovating business environment.

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 AfricaIndustriesRetailPharmaceutical And HealthcareFinancial ServicesProfessional ServicesPublic EnterprisesInformation TechnologyOthers Industries

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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SOURCE Technavio

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BinBase Launches 2026 BIN Database Featuring 6-11 Digit Waterfall Lookup for High-Precision Payment Routing

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BinBase introduces its upgraded 2026 BIN Database, offering 3.2M+ card ranges, 29 granular data attributes, and extended 8-11 digit accuracy to eliminate false-positives and optimize routing for global fintechs.

MIAMI, July 21, 2026 /PRNewswire-PRWeb/ — BinBase, a provider of payment intelligence and card issuing data, has announced the official release of its updated 2026 BIN Database. Engineered for payment gateways, acquiring banks, fraud prevention platforms, and e-commerce platforms, the updated dataset solves critical routing inaccuracies caused by the industry-wide shift from legacy 6-digit BINs to extended 8-to-11-digit card ranges.

Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the surgical precision developers need for cost-effective payment routing.

Since ISO/IEC 7812 expanded the standard Bank Identification Number (BIN) length to 8 digits, traditional 6-digit lookup tables have struggled to correctly identify modern card profiles. This leads to false positives, misidentified interchange fees, and failed transactions. BinBase addresses this challenge by introducing a multi-tiered database structure supporting up to 11-digit precision, alongside a recommended “Waterfall Lookup Algorithm.”

To ensure 100% routing and verification accuracy, the Waterfall method executes a descending search sequence: checking 11-digit BIN ranges down through 10, 9, 8, 7, and 6 digits until an exact match is resolved.

Key technical specifications of the 2026 BinBase release include:

Over 3.2 Million Card Ranges: Full global coverage including Visa, Mastercard, Amex, Discover, UnionPay, JCB, and regional networks.Extended Precision: Over 88% of the dataset consists of high-precision ranges (8–11 digits) to accurately isolate sub-brands, currencies, and card tiers.29 Granular Attributes: Beyond core issuer data, the database features advanced parameters including Durbin Regulation status, US Debit/ATM network routing (STAR, NYCE), Fast Funds (Visa Direct / Mastercard MoneySend indicators), commercial Level 2/Level 3 data, and digital wallet token ranges (Apple Pay / Google Pay).

“Modern payment processing requires surgical precision,” said a spokesperson for Damiko Inc. “Relying solely on 6-digit BINs in 2026 means misclassifying card products and losing money on interchange fees. Our 2026 release provides the underlying intelligence developers need to build resilient, cost-effective payment infrastructure.”

Developers and payment teams can evaluate the full 29-field database schema, review integration examples, and download a free 2026 sample dataset on the official GitHub repository.

To learn more about full commercial licensing options, instant CSV downloads, and custom API delivery, visit BinBase.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate fraud.

Media Contact

Fedor Lavrikoff, BinBase, 1 +17866133333, sales@binbase.com, htttps://www.binbase.com 

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SOURCE BinBase

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Redington Limited and AutomationEdge Announce Strategic Partnership to Accelerate Enterprise Automation and Agentic AI Adoption

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MUMBAI, India, July 22, 2026 /PRNewswire/ — Redington, a leading technology aggregator and innovation catalyst, and AutomationEdge, a leading Agentic Process Automation platform for global enterprises, have announced a strategic partnership to accelerate the adoption of enterprise automation and Agentic AI. The collaboration brings together Redington’s extensive distribution ecosystem and partner network with AutomationEdge’s enterprise-grade Agentic Process Automation platform to enable faster, scalable, and outcome-driven digital transformation for organizations.

As a part of the partnership, AutomationEdge’s portfolio of AI Agents and automation solutions is now available through the Redington AI Exchange Marketplace, enabling partners and customers to easily discover, evaluate, and deploy enterprise-ready AI solutions. This availability significantly reduces the time required to adopt AI-driven automation and provides organizations with access to proven use cases that can deliver measurable business outcomes.

The partnership is focused on delivering solution-led automation offerings that simplify adoption for enterprises and channel partners. By combining Redington’s go-to-market reach with AutomationEdge’s 10x automation capabilities, the two organizations aim to help businesses move from fragmented automation initiatives to enterprise-wide orchestration—driving efficiency, agility, and operational excellence.

Through this collaboration, both companies will jointly promote pre-built automation and AI Agent solutions across key business functions, including banking operations, insurance processes, IT / HR operations, customer service, and finance functions. These solutions include ready-to-deploy workflows, AI Agents, demonstration environments, and implementation frameworks designed to accelerate deployment and reduce complexity.

The partnership will also include joint go-to-market initiatives such as partner enablement programs, co-branded workshops, solution showcases, and proof-of-concept (PoC) engagements. These initiatives are designed to equip Redington partners with the knowledge, tools, and support needed to successfully position, sell, and implement AI-powered automation solutions for enterprise and mid-market customers.

Sayantan Dev, Global Head, Software Solutions Group, Redington, said, “The next phase of AI adoption will be defined by execution. Through the Redington AI Exchange Marketplace, we are bringing together the technologies and ecosystem needed to help partners deliver real business outcomes at scale. AutomationEdge’s Agentic AI and automation capabilities strengthen our ability to enable customers to accelerate AI adoption with greater speed, governance, and confidence.”

Prasad Likhite, Chief Sales Officer of AutomationEdge, said, “We are delighted to strengthen our partnership with Redington and accelerate the adoption of next-generation enterprise automation and Agentic AI solutions across the market. The availability of AutomationEdge AI Agents through the Redington AI Exchange Marketplace marks an important milestone in democratizing AI-led transformation, enabling enterprises to rapidly scale intelligent automation initiatives with speed, agility, and measurable business impact. At the same time, it creates significant opportunities for partners to drive innovation, unlock new revenue streams, and deliver greater value to their customers.”

The collaboration also emphasizes localized support, implementation expertise, and customer success services, ensuring that organizations can seamlessly deploy, manage, and scale automation initiatives. By leveraging Redington’s strong partner ecosystem and AutomationEdge’s deep expertise in automation and Agentic AI, the partnership is well-positioned to address the evolving needs of modern enterprises.

As organizations increasingly prioritize productivity, operational efficiency, and AI-led transformation, this partnership marks a significant step toward making enterprise automation and Agentic AI more accessible, scalable, and impactful across industries.

 About Redington

Redington Limited (NSE: REDINGTON) (BSE: 532805), a leading technology solutions provider, empowers businesses in their digital transformation journeys. Guided by its brand narrative “Unlock Next”, Redington goes beyond distribution to remove barriers, accelerate digital adoption, and unlock access, growth, trust, efficiency, and impact—helping businesses, communities, and societies embrace what’s next in technology

About AutomationEdge

AutomationEdge is a leading Agentic Process Automation platform for global enterprises. Its platform enables organizations to automate complex business processes, deploy AI Agents at scale, improve operational efficiency, and accelerate digital transformation initiatives across industries.

Media Contact:
Rahul Wandile
rahul.wandile@automationedge.com

 

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Applied Intuition Launches Dana, the Agentic Platform for Physical AI

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New platform pairs agentic AI with the tooling, data, infrastructure and domain expertise Applied Intuition has built over nearly a decade to speed the safe development of intelligent machines for the physical world.

Dana is the first agentic platform for building, testing, deploying and operating physical AI systems across industries.Built on nearly a decade of Applied Intuition’s tooling, infrastructure, workflows and engineering expertise, Dana is purpose-built for safety-critical systems operating in the physical world.Dana helps companies build physical AI applications for any industry or use case, from autonomy and software-defined vehicles to fleet operations, robotics, construction, mining and intelligent in-vehicle experiences.Dana has already reduced critical phases of vehicle development from months to days in internal and select customer deployments.

SUNNYVALE, Calif., July 22, 2026 /PRNewswire/ — Applied Intuition, Inc., a leader in physical AI, today announced the launch of Dana, the first agentic platform for building, testing, deploying and operating physical AI systems across industries. Dana combines the power of agentic AI and rapid application development with nearly a decade of Applied Intuition’s tooling, infrastructure and engineering knowledge. The result is a unified system that accelerates the development of intelligent machines in the physical world.

“We believe physical AI will become one of the defining technologies of this century,” said Qasar Younis, co-founder and CEO of Applied Intuition. “Our ambition is to help bring intelligence to a billion machines, and Dana is the platform we built to make that possible.”

Unlike general-purpose AI tools designed primarily for digital workflows, Dana is built for the complexities of machines operating in the physical world. Dana comes with all the platform capabilities needed to build and deploy safety-critical physical AI applications, including data, visualization and tooling, as well as the evaluation, traceability and governance these systems require. The platform was designed to work across industries and with a wide range of use cases, from software-defined vehicle development and advanced driver assistance systems (ADAS) to mining and construction operations, truck fleet management, robotics and intelligent in-vehicle experiences. With Dana, customers can:

Deploy Applied Intuition’s reference applications — spanning autonomy, fleet operations, and more — or build their own.Use both natural language and command-line interfaces to complete complex development tasks more intuitively and accelerate iteration cycles across teams and systems.Integrate the platform with enterprise systems and collaboration tools, like Slack and Jira, helping organizations connect fragmented engineering and operational workflows while embedding agentic capabilities across the development process.

Applied Intuition has used Dana internally since last year, building and delivering solutions on the platform for long-standing customers across automotive, trucking, mining, and agriculture. Dana’s agent-driven workflows have reduced critical phases of vehicle development timelines from months to days in some cases. Applied Intuition has offered limited, early access to select customers, including heavy-equipment manufacturer Komatsu and Isuzu Motors, who is using the platform to accelerate L4 autonomy for its fleet of commercial trucks.

“We’ve been impressed by how Dana can streamline complex engineering workflows and accelerate development,” said Yasuhiro Yazawa, Director, Isuzu Motors Limited, Japan. “Dana gives our engineering teams greater confidence to develop, track and deploy safe autonomous-vehicle capabilities at a much faster pace.”

“Applied Intuition has been a valuable technology partner as we continue advancing the digital capabilities that support the next generation of mining equipment and solutions,” said Peter Salditt, CEO, Komatsu Mining. “Dana represents another step forward, bringing intelligent, agentic capabilities into our engineering workflows to help our teams innovate faster, improve efficiency and ultimately create greater value for our customers’ operations.”

Dana is designed to help companies keep up with the fundamental shift now underway across industries. As autonomous vehicles, robots and industrial systems become more capable, manufacturers need a more integrated way to build, validate and deploy them safely. Dana gives teams a faster path from idea to production, and the confidence to put increasingly intelligent machines into the real world.

The future of AI is physical. Dana was built for it.

To learn more about Dana and Applied Intuition’s physical AI platform, visit AppliedIntuition.com.

About Applied Intuition
Applied Intuition, Inc. is powering the future of physical AI. Founded in 2017 and now valued at $15 billion, the Silicon Valley company is creating the digital infrastructure needed to bring intelligence to every moving machine on the planet. Applied Intuition services the automotive, defense, trucking, construction, mining and agriculture industries in three core areas: tools and infrastructure, operating systems, and autonomy. Eighteen of the top 20 global automakers, as well as the United States military and its allies, trust the company’s solutions to deliver physical intelligence. Applied Intuition is headquartered in Sunnyvale, California, with nearly two dozen offices across the globe, including in London, Munich, Tokyo, Seoul, and the Washington, D.C. metro area. Learn more at applied.co or press@applied.co.

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SOURCE Applied Intuition, Inc.

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