Technology
AI Redefining Corporate Training Market, Projected USD 60.4 Billion Growth (2024-2028) Driven by Cost-Effective E Learning – Technavio Report
Published
2 years agoon
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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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SOURCE Technavio
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BOOST TREADMILLS LAUNCHES EUROPEAN OPERATIONS AND BEGINS BUILDING THE BOOST 3 IN EUROPE
Published
31 minutes agoon
November 4, 2026By
European customers and dealers now get local manufacturing, local service, and euro pricing on the Boost 3 microgravity treadmill.
At a Glance
What: Launch of Boost Treadmills Europe OÜ, with Boost 3 manufacturing, sales, service, and international dealer management based in Europe, including the UK
Who: Boost Treadmills; Sean Whalen (CTO and Co-Founder) and Tom Allen (CEO and Co-Founder)
When: Boost 3 available to European customers now (October 2026)
Where: Europe and the UK: manufacturing, sales, installation, and service
How to buy: Directly from Boost Treadmills, with no middleman required
What changes for customers: Euro pricing, shorter delivery times, local installation and service, warranty support, 220V units, and CE marking
More info: www.boosttreadmills.com | +1 (510) 883-3123 | Contact page | Boost International
PALO ALTO, Calif., Nov. 4, 2026 /PRNewswire/ — Boost Treadmills today announced the launch of its European operation, Boost Treadmills Europe OÜ, and the start of Boost 3 manufacturing in Europe. The new operation handles manufacturing, sales, installation, and service for European customers, and gives Boost a single base for managing its international dealers.
European and UK customers can now buy the Boost 3 directly from Boost, with the manufacturer handling the order, delivery, installation, and service.
The Boost 3 is a microgravity treadmill that uses differential air pressure (DAP) technology to reduce the load on the body during walking and running. The same core technology is used by more than 100 professional sports organizations and over 300 NCAA programs, and it is installed across more than 1,000 facilities worldwide. With European operations now live, clinics, sports organizations, and home users in Europe can get the Boost 3 without waiting on an overseas shipment or an overseas service call.
What Changes for European Customers
Buy directly from Boost: Order straight from the manufacturer, with one point of contact from quote to installation and service.Euro pricing: Quotes and invoices in euros from a European entity.Shorter delivery times: Boost 3 units are now built in Europe, closer to the customers who order them.Local installation and service: A European team handles installation, training, and ongoing support in local time zones.Warranty support: Warranty service is handled in Europe, so parts and repairs do not have to cross an ocean.Built for Europe: 220V units and CE marking for European installations.
Easier Dealer Management
Boost works with dealers outside the United States, and European operations give those dealers one place to go for orders, training, and service. Boost Treadmills Europe OÜ also manages the company’s international dealer relationships, which means faster answers for dealers and a more consistent experience for the customers they serve. Dealers and customers outside the United States can find more on the Boost International page.
Why Now: Demand for Low-Impact Recovery Technology in Europe
Interest in low-impact exercise equipment for injury recovery is growing as clinics, sports teams, and individuals look for ways to keep people moving through injury instead of waiting for it to heal. Physical therapists are asking for equipment that lets patients train earlier and with less impact. Aging populations are pushing demand for tools that support active aging and fall prevention. Athletic programs want ways to add training volume without adding injury risk. Microgravity treadmills sit at the intersection of all three, and cost and logistics have kept them out of reach for many European facilities. A European manufacturing and service base is meant to change that.
Boost has spent the past five years working in Europe with some of the biggest football clubs and athletes in the world. Opening this operation lets Boost keep supporting those teams from Europe and expand the Boost 3 into physical therapy clinics, hospitals, homes, and other settings where low-impact exercise can help people move sooner.
In Their Own Words
“Customers in Europe shouldn’t have to wait on a shipment from California for a machine or a service call,” said Tom Allen, CEO and Co-Founder of Boost Treadmills. “With manufacturing, sales, and service now based in Europe, they get euro pricing, faster delivery, and a team in their own time zone.”
“Building the Boost 3 closer to the people who use it makes it easier to deliver, easier to support, and easier to keep running,” said Sean Whalen, CTO and Co-Founder of Boost Treadmills. “It also gives our dealers one place to go for orders, training, and service.”
About the Boost 3
The Boost 3 is a next-generation microgravity treadmill built for homes, physical therapy clinics, wellness centers, and athletic facilities.
Compact Design: 25% smaller than previous models, designed to fit in a spare bedroom or space-constrained clinic.Adjustable Weight Support: Precise control in 1% increments, allowing users to bear anywhere from 20% to 100% of their body weight.Accessibility: Lower step height for users with limited mobility and fully automated entry and exit.Whisper-Quiet Operation: Designed for home and clinical environments where noise is a consideration.Pre-Programmed Protocols: Built-in programs for common applications, from post-op recovery to athletic conditioning.
Availability
The Boost 3 is available to European and UK customers now, and customers can buy directly from Boost. To request a consultation, a product demonstration, or a quote in euros, visit www.boosttreadmills.com, visit the Boost International page, use the contact page, or call +1 (510) 883-3123.
About Boost Treadmills
Founded in 2017 by Sean Whalen and Tom Allen, Boost Treadmills builds differential air pressure treadmills for homes, clinics, and athletic facilities worldwide. Its founders invented and commercialized this technology — and are still the ones advancing it. For press inquiries: info@boosttreadmills.com, +1 (510) 883-3123, or the contact page.
Contact: info@boosttreadmills.com | +1 (510) 883-3123 | boosttreadmills.com/pages/contact
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SOURCE Boost Treadmills
Technology
CorelDRAW Black Friday 2026: Perpetual Licence and Subscription Offers Explained by Expert Consumers
Published
31 minutes agoon
November 4, 2026By
NEW YORK, Nov. 4, 2026 /PRNewswire/ — Expert Consumers has recognized CorelDRAW for offering flexible purchase options for professional design software, giving buyers an opportunity to evaluate licence terms, software capabilities and potential savings ahead of Black Friday 2026.
CorelDRAW Black Friday 2026
CorelDRAW – provides professional design, AI-assisted image preparation, and production tools designed to help print shops, sign makers, apparel decorators, and designers repair client files, manage color, work at accurate scale, and prepare production-ready assets.
As businesses and creative professionals review software spending ahead of the holiday shopping season, the choice between a perpetual licence and a subscription remains an important consideration. CorelDRAW Graphics Suite offers both purchase models, allowing buyers to select an arrangement based on budget, working requirements and the need for ongoing updates.
The distinction is particularly relevant during promotional periods, when an advertised saving may not fully reflect the long-term cost of using professional design software. Understanding the terms of each licence can help buyers assess the value of an offer before making a purchase.
Understanding CorelDRAW’s Purchase Options
CorelDRAW Graphics Suite is available through a one-time perpetual licence or a subscription. Each option addresses different purchasing preferences.
A perpetual licence provides ongoing use of the licensed software version under the applicable licence terms. The one-time payment can appeal to professionals and businesses seeking to limit recurring software expenses. Buyers should distinguish continued use of the purchased version from access to future major releases, which may require a separate purchase or applicable maintenance arrangement.
A subscription provides access to the latest releases while the subscription remains active. The arrangement also includes subscription-based features, applications and services, subject to the relevant plan terms.
A maintenance arrangement can be added as a small recurring annual fee attached to the one-time purchase. This ensures that the user always gets the latest product versions and updates as they are released. Any additional exclusive features, app, and workflows from a subscription are also included.
For professionals who depend on current tools and regularly updated software, subscription access may offer practical advantages. The recurring cost, renewal price and included services should remain part of the purchasing decision.
CorelDRAW Graphics Suite 2026 Features
The value of design applications depends on how well the available tools support everyday work. CorelDRAW Graphics Suite combines vector illustration, page layout, photo editing and typography capabilities for professional creative workflows.
Use cases include branding, advertising materials, signage, apparel graphics, large-format printing and technical drawings. Production-oriented features help designers prepare artwork for different output requirements.
The 2026 release also introduced Artist Intelligence™ capabilities designed to support the creative process. AI Generate helps create images from text prompts and existing content, while AI-assisted background removal and masking support image preparation.
The September 2026 Update expanded these capabilities with Text-to-vector, which generates editable, scalable vector graphics from text prompts or existing artwork. Generated designs can be refined before use in broader creative projects.
PowerTRACE, the bitmap-to-vector tracing tool, also received improvements. According to Corel’s product materials, the update includes improved object structure and color handling, a revised interface and performance gains of up to four times.
These capabilities are relevant to production workflows that involve converting supplied images into editable artwork, preparing logos and creating graphics for print applications.
Evaluating Potential Black Friday Savings
CorelDRAW’s Black Friday offers began November 3, with CorelDRAW Graphics Suite from $379 for the perpetual licence (31% off) and $185 for the annual subscription. Offers run through the Black Friday season. Current pricing is available on the CorelDRAW website. Regional pricing may vary.
A perpetual licence may suit buyers who prefer an upfront payment and plan to continue using a particular version. A subscription may be more appropriate for users who require continuing access to new releases and subscription-based services.
Subscription and maintenance benefits include CorelDRAW Web, cloud-based file storage and asset management, a cloud template library and additional creative content. Subscription and maintenance customers also receive exclusive recurring AI credit entitlements under the applicable terms.
Buyers should also review billing periods, renewal costs, operating system compatibility, maintenance terms and regional availability. These details help establish whether a promotional offer aligns with the intended use of the software.
Choosing a Licence for Long-Term Use
The choice between a perpetual licence and a subscription ultimately depends on individual working requirements and financial priorities.
Independent designers and businesses that value a one-time payment may prefer the perpetual option. Professionals who rely on current releases, browser-based access and cloud-enabled workflows may find a subscription more suitable.
The expected length of use is another important consideration. Comparing the initial payment with projected subscription costs over the same period can provide a clearer view of potential expenditure. The comparison should also account for differences in included services and access to future releases.
Expert Consumers has recognized CorelDRAW in the context of this purchasing decision, highlighting the importance of understanding licence options when evaluating professional design software during Black Friday 2026.
For prospective buyers, a careful review of product requirements, licence conditions and confirmed promotional terms can help establish whether an offer represents meaningful savings. The objective is to select a purchase arrangement that supports the required creative workflow while keeping software costs predictable.
The full article can be found at the Expert Consumers website.
About Corel
Corel is a global software company headquartered in Ottawa, Canada, with more than 100 million users in over 75 countries. Founded in 1985, Corel has built a strong reputation for innovation and usability in graphics, digital‑media, and productivity software. Its product portfolio includes vector illustration (CorelDRAW Graphics Suite), natural‑media painting (Corel Painter), photo editing (Corel PaintShop Pro), video production (Corel VideoStudio), and productivity tools (WordPerfect Office and WinZip). Corel’s software is designed for both professionals and creative consumers and provides powerful features in an accessible, easy‑to-learn format. With a global footprint that includes major offices in the US, UK, Germany, China, Taiwan and Japan, Corel continues to expand its reach while maintaining a close connection with its user community.
About ExpertConsumers.org: Expert Consumers delivers news and insights on consumer products and services. As an affiliate, Expert Consumers may earn commissions from sales generated using links provided.
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SOURCE ExpertConsumers.org
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Docusign Named a Leader in the 2026-2027 IDC MarketScape for Worldwide Contract Life-Cycle Management Software for Corporate Legal
Published
31 minutes agoon
November 4, 2026By
SAN FRANCISCO, Nov. 4, 2026 /PRNewswire/ — Docusign (NASDAQ: DOCU), the leader in Intelligent Agreement Management (IAM), today announced that it has been named a Leader in the IDC MarketScape: Worldwide Contract Life-Cycle Management Software for Corporate Legal 2026-2027, IDC Doc #US54117526e.
The Docusign IAM platform helps legal teams create, review, sign, and manage contracts while connecting their work with sales, procurement, HR, and other business functions. Docusign helps organizations understand what’s in their contracts and act on those insights, helping over 1.9 million businesses worldwide accelerate deals, reduce risk, and maximize productivity. Powered by Docusign Iris, the company’s agreement AI engine, the platform combines agreement intelligence with automated workflows to move business forward.
The IDC MarketScape report notes Docusign’s evolution beyond e-signature into the full agreement lifecycle. According to the report, “Docusign is best known for electronic signature (esignature), but the company has spent the past several years pushing well past the signature line into the full agreement life cycle. Docusign entered the CLM market through its 2018 acquisition of SpringCM and has since replatformed that CLM onto its Intelligent Agreement Management (IAM) platform. Docusign now sells IAM as a single offering, with modules tiered to the customer’s needs.”
“Enterprise legal teams need AI they can trust and workflows that adapt to the complexity of their organizations,” said Ryan O’Leary, Research Director, Privacy and Legal Technology at IDC. “Docusign combines AI grounded in sourced contract language with configurable workflows and extensive integrations, connecting legal’s specialized tools to contracting processes across the broader enterprise.”
“Legal teams are at the center of the agreements that keep business moving,” said Allan Thygesen, CEO of Docusign. “Our IAM platform brings together the context within those agreements and AI-powered workflows and agents to help legal teams turn insights into action across the business. We believe this recognition validates our investment in helping legal professionals work faster, reduce risk, and focus on strategic priorities.”
Among Docusign’s strengths, the IDC MarketScape says:
Agreement AI that is in production: Docusign offers its clients a slideware backed up by available functionalities. The Iris AI Assistant, ready-to-deploy agents, and Agent Studio for building custom agents are all generally available today. Every AI answer comes with citations that link to the exact language in the source agreement, which is table stakes for lawyers who need to trust the outputIntegration and platform breadth: Docusign has over 1,100 integrations, with deep, co-developed connectors for Salesforce and SAP Ariba plus native connections to Coupa, Workday, and NetSuite. Docusign has also embraced the agentic ecosystem. Its MCP server lets users search agreements, check status, and trigger workflows from AI assistants like Claude and Gemini. Docusign also has partnerships with legal AI platforms such as Harvey and Legora. Rather than forcing legal to abandon its specialized tools, Docusign aims to be the system of record that connects legal’s work to the rest of the business.Customization and value: Docusign CLM is highly customizable. Customer feedback indicated that organizations that treat CLM as a true enterprise system, with dedicated internal IT support, are able to continuously adapt workflows as their processes change. Customers that already use Docusign for esignature cited the seamless integration as a deciding factor, and Docusign was competitive on cost.
A complimentary copy of the IDC MarketScape report excerpt is available here. To learn more about Docusign IAM, visit docusign.com/intelligent-agreement-management. Also, in September 2026, Docusign was also named a Leader in the IDC MarketScape for Worldwide Integrated Signing Workflow Software 2026. The report is available here.
This recognition comes alongside other recent honors including Docusign being named one of Newsweek’s Most Trustworthy Software and Telecommunications companies in America for three years in a row and featured in Fast Company’s World’s Most Innovative Companies list of 2026 and Fortune’s Future 50 list of companies with the greatest long-term growth prospects.
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.
About Docusign
Docusign brings agreements to life. Over 1.9 million customers and more than a billion people in over 180 countries use Docusign solutions to accelerate the process of doing business and simplify people’s lives. With intelligent agreement management, Docusign unleashes business critical data that is trapped inside of documents. Until now, these were disconnected from business systems of record, costing businesses time, money, and opportunity. Using Docusign’s AI-native IAM platform, companies can create, commit, and manage agreements with solutions created by the #1 company in e-signature and CLM. Learn more at www.docusign.com.
Media Contact:
Docusign Corporate Communications
media@docusign.com
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SOURCE Docusign, Inc.
BOOST TREADMILLS LAUNCHES EUROPEAN OPERATIONS AND BEGINS BUILDING THE BOOST 3 IN EUROPE
CorelDRAW Black Friday 2026: Perpetual Licence and Subscription Offers Explained by Expert Consumers
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