What is Training Outsourcing Market Scope?
Training outsourcing is the business strategy for which a company utilizes an external supplier for the management of training processes. Training outsourcing is the broader term that includes multiple forms, or strategies, for utilizing external resources, including contracting, selecting outsourcing, licensing, comprehensive outsourcing, and BPO, among others. The upsurging demand for training outsourcing in order to reduce costs is the key driver fuelling the growth of the market.
The Training Outsourcing market study is being classified by Type (Learning Strategy, Content Development, Training Administration, Hands-on Training, Project and Program Management and Technology Support) and major geographies with country level break-up.
Research Analyst at AMA predicts that Players from United States will contribute to the maximum growth of United States Training Outsourcing market throughout the predicted period.
TrainingFolks (United States), TTEC (United States), AllenComm (United States), Roundtable Learning (United States), Ardent (United States), MicroTek (United States), Performance Development Group (United States), CoreAxis Consulting LLC (United States), AXIOM Learning Solutions (United States), The CARA Group (United States) and TrainingPros (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Attune (United States), Learning Tribes (United States) and LearnOnDemand Systems (United States).
Analyst at AMA have segmented the market study of United States Training Outsourcing market by Type, Application and Region.
On the basis of geography, the market of Training Outsourcing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 20 Nov 2019, MicroTek, a leading provider of corporate event venues, business training classrooms, and managed services, has announced that the company has changed its name to Attune. The comprehensive rebrand initiative includes a name change, a new logo, updated positioning, and a powerful new website as part of a renewed focus on offering premier event venues and solutions to the corporate training and event planning industries.
On 6 March 2018, Ardent, a leading provider of custom training solutions, announced its partnership with Ed MicroLearning. Ed is an award-winning, cloud-based mobile learning management system. The agreement provides Ardent with another tool for companies that are developing custom learning programs. Designed for today's digital habits, Ed delivers engaging and effective microlearning directly to users' devices, anytime, anywhere.
Influencing Market Trend
- The Outsourcing of Learning Is a Quickly Evolving Trend
- Many Organisations Are Shifting Their Buying Patterns from Discrete Outsourcing of Individual Learning and Development Processes toward More Strategic Ways of Leveraging More from Partnerships with Specialist Providers
- The Upsurging Demand for Training Outsourcing in Order to Reduce Costs
- The Training Outsourcing Increases Business Effectiveness
- Some Companies Still Rely Upon In-house Training
Key Target AudienceTraining Outsourcing Companies, Research & Consulting Firms, Regulatory & Government Bodies, Potential Investors, Upstream and Downstream Vendors, End Users and Others
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