Australia Corporate Training Market Is Growing At A CAGR Of ~% In 2017-2022 And Is Expected To Reach AUD ~ Bn By 2027F – Ken Research
What Is The Size Of Australia Corporate Training Industry?
The Australia Corporate Training Market is largely driven by virtual training, organizations need and rise in learning requirement. Also, Video-based e-learning has quickly became one of the most useful forms of education. The use of videos in the learning process, both uploaded and streamed, is a result of advances in high-speed internet networks.
Learning techniques are enhanced by video-based learning. Furthermore, video-based learning allows the user to watch the video at any time and from any location, and students can rewind, save, and re-watch the content at their leisure.
Additionally, to ensure workforce efficiency, an increasing number of organizations in Australia has modernized their training environment by incorporating e-learning tools.
Learning management systems, which provide all of the requirements for successful training practice management, such as performance management, administration, and content management, as well as the delivery of distinct and customized courses for employees, complement these solutions.
As a result, people’s attention is shifting to online learning platforms, which is helping the LMS market grow.
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Australia Corporate Training Market By Industry Verticals
The Australia Corporate Training market is segmented by industry verticals into IT, telecom, FMCG, automotive, manufacturing, BFSI and healthcare. Telecom vertical holds the largest share as they need new fresher’s trained on large scale regularly.
Australia Corporate Training Market By Deployment
The Australia Corporate Training market is segmented by deployment into on-site and off-site.
Off-site has been a preferred mode especially in cases where in the client lacks the required training infrastructure and cost para meters. However, if the client’s is resourceful and has requirement has a lot of customizations aligned to their business goals, they might opt for an On-site training mode. Due to Covid-19 Pandemic most of the trainings was shifted to online platforms.
Australia Corporate Training MARKET by Designation of employee
The Australia Corporate Training market is segmented by designation of employee into managerial, non-managerial and integrated.
Freshers and young professionals who are just 1-3 years old in their career are given most of the non-managerial trainings. Also, Managerial trainings are on the rise in Australia. Managers are required to avail trainings in new innovative business models & disruptive technologies for efficient deployment of resources.
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Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Corporate Training Companies
- Ed-tech Companies
- Self-Based Learning Platforms Companies
- Freelance Trainers
- Industry/Corporate Coach
- Contractual Professional Trainers
- Industry Veterans
- IT Solutions and Support Companies
- Top UG/PG Private Universities
- Retired Experienced Faculties
Time Period Captured in the Report - Historical Period: 2017-2022
- Base Year: 2022
- Forecast Period: 2022-2027F
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Australia Corporate Training Market