Vietnam Corporate Training Market Introduction and Overview
According to SPER Market Research, the Vietnam Corporate Training Market is estimated to reach USD XX billion by 2033 with a CAGR of 7.89%.
The report includes an in-depth analysis of the Vietnam Corporate Training Market, including market size and trends, product mix, distribution channels, and supplier analysis. Workplace learning, also referred to as corporate training, is a set of educational programs intended to help staff members become more productive at work. Corporate training helps corporations meet their business objectives by improving employee productivity, motivation, performance, and retention. Virtual and in-person training methods are the two categories of training techniques available. The corporate training market is also analyzed according to key players, geographies, and market segments.
- PACE, GLP, and NEXTGEN emphasize global leadership, reinventing business, and reimagining it.
- Soft skills training, a negotiation workshop at the IEC Institute, and exclusive training from The British University were supplied by E&G Training.
Market Opportunities and Challenges
Opportunities: The adoption of virtual platforms by corporations to train their staff members greatly aided in the expansion of the virtual corporate training market. Some of the major factors attributed to the growth of the corporate training market in recent years include the increased penetration of digital platforms, which is supported by the internet's increasing penetration, the growing adoption of smart devices, the development of information technology and telecommunications platforms, and the rapid emergence of virtual corporate training platforms worldwide. It is anticipated that the growing trend of working from home and a big move towards digital technologies would maintain its place in the market for the foreseeable future and boost market expansion throughout the forecast period.
Challenges: A major challenge to the corporate training sector is the high expense of training programs. Businesses could be reluctant to spend a lot of money on pricey training initiatives, especially if they are struggling financially or the economy is uncertain.
Additionally: it may be challenging for businesses to evaluate the efficacy and quality of training programs due to the absence of industry certifications and defined training programs.
Market Competitive Landscape
Businesses use business-to-business (B2B) business models and provide a range of products, the most popular being English communication and leadership courses. These businesses provide a wide range of training options and arrange for professionals from overseas to perform specialized training. Some market key players include CTS Corporate Training Institutes, E & G Training, ELTD, ITD Vietnam, Pace, Talent Net, Viet Sourcing.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Training Program, By Industries
|
Regions covered | Central Region, Southern Region, Northern Region
|
Companies Covered | CTS Corporate Training Institutes, E & G Training, ELTD, ITD Vietnam, Pace, Talent Net, Viet Sourcing
|
COVID-19 Impact on Vietnam Corporate Training Market
The market for corporate training has been negatively impacted by the COVID-19 pandemic. Furthermore, during this epidemic, Europe and Vietnam have experienced the worst percentage-wise effects on employment. As a result, corporate sectors had budget limits as a result of the global economic upheaval, which presented R&D teams with a number of difficulties in demonstrating the return on investment of their training initiatives.
Key Target Audience
- Government Institutions
- Investors
- Distributors
- Startups & Entrepreneurs
- Employees & Professionals
- Training Providers
Our in-depth analysis of the Vietnam Corporate Training Market includes the following segments:
By Training Program: |
Quality Training
Compliance
Others Training Program
Technical Training
Soft Skills
|
By Industries: |
Retail
Pharmaceutical And Healthcare
Financial Services
Professional Services
Public Enterprises
Information Technology
Others Industries
|
By Region:
|
Central Region
Southern Region
Northern Region
|
Key Topics Covered in the Report
- Vietnam Corporate Training Market Size (FY’2023-FY’2033)
- Overview of Vietnam Corporate Training Market
- Segmentation of Vietnam Corporate Training Market By Training Program (Quality Training, Compliance, Technical Training, Soft Skills, Others Training Program)
- Segmentation of Vietnam Corporate Training Market By Industries (Retail, Pharmaceutical And Healthcare, Financial Services, Professional Services, Public Enterprises, Information Technology, Others Industries)
- Statistical Snap of Vietnam Corporate Training Market
- Expansion Analysis of Vietnam Corporate Training Market
- Problems and Obstacles in Vietnam Corporate Training Market
- Competitive Landscape in the Vietnam Corporate Training Market
- Impact of COVID-19 and Demonetization on Vietnam Corporate Training Market
- Details on Current Investment in Vietnam Corporate Training Market
- Competitive Analysis of Vietnam Corporate Training Market
- Prominent Players in the Vietnam Corporate Training Market
- SWOT Analysis of Vietnam Corporate Training Market
- Vietnam Corporate Training Market Future Outlook and Projections (FY’2023-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 Vietnam 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. Vietnam Corporate Training Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Vietnam Corporate Training Market
7. Vietnam Corporate Training Market, By Training Program (USD Million)
7.1. Vietnam Corporate Training Market Value Share and Forecast, By Training Program, 2023-2033
7.2. Quality Training
7.3. Compliance
7.4. Others Training Program
7.5. Technical Training
7.6. Soft Skills
8. Vietnam Corporate Training Market, By Industries (USD Million)
8.1. Vietnam Corporate Training Market Value Share and Forecast, By Industries, 2023-2033
8.2. Retail
8.3. Pharmaceutical And Healthcare
8.4. Financial Services
8.5. Professional Services
8.6. Public Enterprises
8.7. Information Technology
8.8. Others Industries
9. Vietnam Corporate Training Market Forecast, 2019-2033 (USD Million)
9.1. Vietnam Corporate Training Market Size and Market Share
10. Vietnam Corporate Training Market, By Training Program, 2019-2033 (USD Million)
10.1. Vietnam Corporate Training Market Size and Market Share By Training Program (2019-2026)
10.2. Vietnam Corporate Training Market Size and Market Share By Training Program (2027-2033)
11. Vietnam Corporate Training Market, By Industries, 2019-2033 (USD Million)
11.1. Vietnam Corporate Training Market Size and Market Share By Industries (2019-2026)
11.2. Vietnam Corporate Training Market Size and Market Share By Industries (2027-2033)
12. Vietnam Corporate Training Market, By Region, 2019-2033 (USD Million)
12.1. Vietnam Corporate Training Market Size and Market Share By Region (2019-2026)
12.2. Vietnam Corporate Training Market Size and Market Share By Region (2027-2033)
12.3. Central Region
12.4. Southern Region
12.5. Northern Region
13. Company Profile
13.1. CTS Corporate Training Institutes
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. E & G Training
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. ELTD
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. ITD Vietnam
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Pace
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Talent Net
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Viet Sourcing
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. Others
14. List of Abbreviations
15. Reference Links
16. Conclusion
17. Research Scope
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.