Learning services outsourcing is one of the growing trends in the training industry, which helps in the declining Youth unemployment rate in high population regions. Funding vocational training provides skill development training, new training methods, and others. This highly supports economic growth. In these various leading organizations, financial banks, governments, and other industry bodies provide funds to improve workforce productivity through innovative training programs. As unemployment is one of the most suppressing social and economic issues that less developed countries face today. It is one promising road for addressing the rising unemployment issue across the globe, majorly suffers from particularly high youth unemployment.This growth is primarily driven by Young people are confronted with multiple challenges majorly rising unemployment rates because of rising economic crises. Africa is the only region where the youth bulge will continue to grow in the foreseeable future, presenting both an opportunity to gain the demographic dividend and an impending time bomb and threat to social unity as well as massive migration in search of opportunities if appropriate policies are not implemented to harness the dividend..
Globally, a noticeable market trend is evident Technological Development Such as Online & Blended Learning, Tele-Education, and Others. Major Players, such as Caveo Learning (United States), Judge Learning Solutions (United States), NetCom Learning (United States), The Training Associates Corporation (Canada), Cognizant (United States), Cegos (France), LEO Learning (United Kingdom), GP Strategies Corporation (United States) and Tata Interactive Systems (India) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In Aug 2020, Echelom Solution Group announced its agreement with SixAce Global for business process outsourcing. The company acquired is providing end-to-end consultancy and outsourcing services across India, the USA, Canada, and Australia. Through this initiative, the company is enhancing its services in education outsourcing services.
- Young people are confronted with multiple challenges majorly rising unemployment rates because of rising economic crises. Africa is the only region where the youth bulge will continue to grow in the foreseeable future, presenting both an opportunity to gain the demographic dividend and an impending time bomb and threat to social unity as well as massive migration in search of opportunities if appropriate policies are not implemented to harness the dividend.
- Technological Development Such as Online & Blended Learning, Tele-Education, and Others
- High Cost Associated with Learning Services Outsourcing
With the growing requirement of skill development across various individuals and small and medium-sized enterprises. Along with this increase in initiatives from the government for establishing and optimizing such an environment, majorly in areas where the market mechanism fails in allocating resources.
Lack of Awareness Among End Users and Lack of Vital Training Equipment
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Learning Services Outsourcing Study Sheds Light on
The Learning Services Outsourcing Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Learning Services Outsourcing industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Learning Services Outsourcing industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.