Research Report: Corporate Compliance Training Market (2020-2024) | Demand for Mobile-based Compliance Training to boost the Market Growth | Technavio

Technavio has been monitoring the corporate compliance training market and it is poised to grow by USD 2.42 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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Frequently Asked Questions-

• Based on segmentation by type, which is the leading segment in the market?

• The online segment is expected to be the leading segment in the global market during the forecast period.

• What are the major trends in the market?

• Increasing role of analytics in compliance training is one of the major trends in the market.

• At what rate is the market projected to grow?

• Growing at a CAGR of over 7%, the incremental growth of the market is anticipated to be USD 2.42 billion.

• Who are the top players in the market?

• Blackboard Inc., City & Guilds Group, CrossKnowledge, EI Design Pvt. Ltd., GlobalCompliancePanel, GP Strategies Corp., Interactive Services, LRN Corp., SAI Global Pty Ltd., and Skillsoft Corp. are some of the major market participants.

• What are the key market drivers and challenges?

• Demand for mobile-based compliance training is one of the major factors driving the market. However, the intangible nature of outcome measurement restraints the market growth.

• How big is the North America market?

• The North America region will contribute 31% of market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Blackboard Inc., City & Guilds Group, CrossKnowledge, EI Design Pvt. Ltd., GlobalCompliancePanel, GP Strategies Corp., Interactive Services, LRN Corp., SAI Global Pty Ltd., and Skillsoft Corp are some of the major market participants. The demand for mobile-based compliance training will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Corporate Compliance Training Market 2020-2024: Segmentation

Corporate Compliance Training Market is segmented as below:

• Type
  • Online
  • Blended
• Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

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Corporate Compliance Training Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The corporate compliance training market report covers the following areas:

• Corporate Compliance Training Market Size
• Corporate Compliance Training Market Trends
• Corporate Compliance Training Market Analysis

This study identifies increasing role of analytics in compliance training as one of the prime reasons driving the corporate compliance training market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Corporate Compliance Training Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist corporate compliance training market growth during the next five years
• Estimation of the corporate compliance training market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the corporate compliance training market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of corporate compliance training market vendors

Table of Contents:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type placement
• Blended - Market size and forecast 2019-2024
• Online - Market size and forecast 2019-2024
• Market opportunity by Type

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Blackboard Inc.
• City & Guilds Group
• CrossKnowledge
• EI Design Pvt. Ltd.
• GlobalCompliancePanel
• GP Strategies Corp.
• Interactive Services
• LRN Corp.
• SAI Global Pty Ltd.
• Skillsoft Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

   

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