United Kingdom Corporate Training Market Introduction and Overview
According to SPER Market Research, the United Kingdom Corporate Training Market is estimated to reach USD XX billion by 2033 with a CAGR of XX%.
The report includes an in-depth analysis of the United Kingdom Corporate Training Market, including market size and trends, product mix, applications, and supplier analysis. Offering professional development programs to improve employees' abilities, expertise, and output is the focus of the corporate training market. It covers a wide range of services like digital transformation, compliance education, technical skill training, and leadership development. Businesses in this sector provide online and in-person training programs customized for different industries. Enhancing workforce productivity, adjusting to technology advancements, maintaining regulatory compliance, and promoting both professional and personal development are the objectives. Specialized training providers, consulting firms, and educational institutions are significant players in this market, meeting the varied needs of businesses in various sectors and regions.
- January 2023; The goal of QA Ltd's new line of digital apprenticeship programs is to close the skills gap in the digital and technology industries. The courses are made to provide organizations and individuals with adaptable learning options.
- March 2023; The acquisition of TTi Global, a top supplier of staffing, research, training, and consulting services, was announced by GP Strategies. The purpose of this acquisition was to improve GP Strategies' standing in the UK market and broaden its range of services.
Market Opportunities and Challenges
The market for corporate training in the UK is full of opportunities due to the need for ongoing skill development, changing workforce demands, and quickening technological advancements. The demand for IT expertise, cybersecurity, and data analytics training is rising as a result of the digital transformation of many industries. Furthermore, the focus on remote and hybrid work models raises the requirement for management, soft skill development, and leadership training. There are more opportunities for specialized training programs due to the emergence of new industries like renewable energy and the increased emphasis on diversity and inclusion.
The UK market for corporate training is confronted with a number of obstacles. Training programs must be updated often due to the rapid advancement of technology, which can require a significant investment of resources. Corporate budgets are impacted by economic fluctuations, which may result in a reduction of training expenses. Additionally, there is a sizable skills gap, and employers frequently struggle to locate training programs that adequately address particular needs. In order to retain effectiveness and engagement, training providers must also modify their programs for virtual formats in light of the growing trend toward remote and hybrid work models.
Market Competitive Landscape
The UK's corporate training sector is fiercely competitive, with a mix of multinational behemoths and niche regional suppliers. A growing need for talent development in areas like digital transformation, leadership, compliance, and technological know-how is influencing the environment. Competitors compete by providing adaptable, excellent training programs that may be customized to meet the unique requirements of various businesses. The major players in the market are QA Ltd, Hemsley Fraser Group, The Knowledge Academy, City & Guilds Group, Kaplan UK, ILX Group, Reed Learning, Fitzwilliam Institute Group, Others
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Training Type, By Delivery Mode, By Organisation Size, By Designation, By End User |
Regions covered | London, North West, North East, South West, Scotland, Wales, Northern Ireland, Rest of the United Kingdom
|
Companies Covered | QA Ltd, Hemsley Fraser Group, The Knowledge Academy, City & Guilds Group, Kaplan UK, ILX Group, Reed Learning, Fitzwilliam Institute Group, Others |
COVID-19 Impact on United Kingdom Corporate Training Market
The corporate training market in the UK was greatly affected by the COVID-19 epidemic, which hastened the transition to digital learning. The implementation of online training platforms by companies due to lockdowns and social distancing measures resulted in a significant increase in demand for virtual learning solutions and e-learning courses. In order to conduct interactive and distant instruction, training providers swiftly adjusted by improving their digital services and utilizing technologies like artificial intelligence and virtual reality. The epidemic spurred innovation and adaptability in the industry despite early setbacks, emphasizing the value of digital skills and remote work competencies.
Key Target Audience
- Corporate Executives and Leaders
- Human Resource Professionals
- Technical and IT Professionals
- Sales and Marketing
- Project Managers and Team
- Compliance Officers and Legal Professionals
Our in-depth analysis of the United Kingdom Corporate Training Market includes the following segments:
By Training Type:
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Technical
Leadership
Managerial
Sales
Customer Support
|
By Delivery Mode:
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Classroom Training
Blended Training
Virtual Training
Online Training
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By Organisational Size:
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Large Companies
Medium Companies
Small Companies
|
By Designation:
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Managerial
Non-Managerial
Integrated
|
By End-User:
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BFSI
IT
Telecom
Healthcare
Automotive
manufacturing
|
Key Topics Covered in the Report
- United Kingdom Corporate Training Market Size (FY’2024-FY’2033)
- Overview of United Kingdom Corporate Training Market
- Segmentation of United Kingdom Corporate Training Market By Training Type (Technical, Leadership, Managerial, Sales, Customer Support)
- Segmentation of United Kingdom Corporate Training Market By Delivery Mode (Classroom Training, Blended Training, Virtual Training, Online Training)
- Segmentation of United Kingdom Corporate Training Market By Organisation Size (Large Companies, Medium Companies, Small Companies)
- Segmentation of United Kingdom Corporate Training Market By Designation (Managerial, Non-Managerial, Integrated)
- Segmentation of United Kingdom Corporate Training Market By End-User (BFSI, IT, Telecom, Healthcare, Automotive manufacturing)
- Statistical Snap of United Kingdom Corporate Training Market
- Expansion Analysis of United Kingdom Corporate Training Market
- Problems and Obstacles in United Kingdom Corporate Training Market
- Competitive Landscape in the United Kingdom Corporate Training Market
- Impact of COVID-19 and Demonetization on United Kingdom Corporate Training Market
- Details on Current Investment in United Kingdom Corporate Training Market
- Competitive Analysis of United Kingdom Corporate Training Market
- Prominent Players in the United Kingdom Corporate Training Market
- SWOT Analysis of United Kingdom Corporate Training Market
- United Kingdom Corporate Training Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the United Kingdom Corporate Training Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. United Kingdom Corporate Training Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in United Kingdom Corporate Training Market
7. United Kingdom Corporate Training Market, By Training Type (USD Million) 2020-2033
7.1. United Kingdom Corporate Training Market Size, Share and Forecast, By Training Type, 2020-2026
7.2. United Kingdom Corporate Training Market Size, Share and Forecast, By Training Type, 2027-2033
7.3. Technical
7.4. Leadership
7.5. Managerial
7.6. Sales
7.7. Customer Support
8. United Kingdom Corporate Training Market, By Delivery Mode (USD Million) 2020-2033
8.1. United Kingdom Corporate Training Market Size, Share and Forecast, By Delivery Mode, 2020-2026
8.2. United Kingdom Corporate Training Market Size, Share and Forecast, By Delivery Mode, 2027-2033
8.3. Classroom Training
8.4. Blended Training
8.5. Virtual Training
8.6. Online Training
9. United Kingdom Corporate Training Market, By Organisational Size (USD Million) 2020-2033
9.1. United Kingdom Corporate Training Market Size, Share and Forecast, By Organisational Size,2020-2026
9.2. United Kingdom Corporate Training Market Size, Share and Forecast, By Organisational Size, 2027-2033
9.3. Large Companies
9.4. Medium Companies
9.5. Small Companies
10. United Kingdom Corporate Training Market, By Designation (USD Million) 2020-2033
10.1. United Kingdom Corporate Training Market Size, Share and Forecast, By Designation, 2020-2026
10.2. United Kingdom Corporate Training Market Size, Share and Forecast, By Designation, 2027-2033
10.3. Managerial
10.4. Non-Managerial
10.5. Integrated
11. United Kingdom Corporate Training Market, By End-User (USD Million) 2020-2033
11.1. United Kingdom Corporate Training Market Size, Share and Forecast, By End-User, 2020-2026
11.2. United Kingdom Corporate Training Market Size, Share and Forecast, By End-User, 2027-2033
11.3. BFSI
11.4. IT
11.5. Telecom
11.6. Healthcare
11.7. Automotive
11.8. manufacturing
12. United Kingdom Corporate Training Market Forecast, 2020-2033 (USD Million)
12.1. United Kingdom Corporate Training Market Size and Market Share
13. United Kingdom Corporate Training Market, By Region, 2020-2033 (USD Million)
13.1. United Kingdom Corporate Training Market Size and Market Share By Region (2020-2026)
13.2. United Kingdom Corporate Training Market Size and Market Share By Region (2027-2033)
13.3. London
13.4. North West
13.5. North East
13.6. South West
13.7. Scotland
13.8. Wales
13.9. Northern Ireland
13.10. Rest of the United Kingdom
14. Company Profile
14.1. QA Ltd
14.1.1. Company details
14.1.2. Financial outlook
14.1.3. Product summary
14.1.4. Recent developments
14.2. Hemsley Fraser Group
14.2.1. Company details
14.2.2. Financial outlook
14.2.3. Product summary
14.2.4. Recent developments
14.3. The Knowledge Academy
14.3.1. Company details
14.3.2. Financial outlook
14.3.3. Product summary
14.3.4. Recent developments
14.4. City & Guilds Group
14.4.1. Company details
14.4.2. Financial outlook
14.4.3. Product summary
14.4.4. Recent developments
14.5. Kaplan UK
14.5.1. Company details
14.5.2. Financial outlook
14.5.3. Product summary
14.5.4. Recent developments
14.6. ILX Group
14.6.1. Company details
14.6.2. Financial outlook
14.6.3. Product summary
14.6.4. Recent developments
14.7. Reed Learning
14.7.1. Company details
14.7.2. Financial outlook
14.7.3. Product summary
14.7.4. Recent developments
14.8. Fitzwilliam Institute Group
14.8.1. Company details
14.8.2. Financial outlook
14.8.3. Product summary
14.8.4. Recent developments
14.9. Others
15. Conclusion
16. List of Abbreviations
17. Reference Links
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.