31% of growth to come from North America, seminar segment to be important for revenue generation – Technavio

NEW YORK, August 5, 2022 /PRNewswire/ — The “Marketplace for Intercultural Learning” report has been added to Technavio’s offering. ISO 9001:2015 certified, Technavio has proudly partnered with more than 100 Fortune 500 companies for more than 16 years. The market share of intercultural training is expected to increase by $1.45 billion from 2020 to 2025 and the growth momentum of the market will accelerate with a CAGR of 6.57%. Technavio categorizes the global market for intercultural learning as part of global market for educational services. Our research report has comprehensively covered the external factors influencing the growth potential of the underlying market in the coming years, which will determine the growth rates of the Intercultural Education market during the forecast period.

Technavio has announced its latest market research report titled Intercultural Education Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

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Intercultural Education Market: A Segmentation Analysis

The Intercultural Education Market Report is segmented by Deployment (workshop and online) and Geography (North America, EuropeAPAC, MEA and South America).

  • Revenue Generating Segment –Market share growth from workshop segment will be significant during the forecast period. The workshop model will remain predominant during the forecast period. The model provides learners with a more realistic and hands-on way of learning, as most of the interactions occur face-to-face with trainers. This learning model usually consists of innovative learning methods, such as role-playing and case studies.

  • Regional accents -31% of market growth will come from North America during the forecast period. The US is the key market for intercultural learning North America. Market growth in this region will be faster than market growth in regions. The growth of the intercultural education market in North America can be attributed to the presence of many MNCs and large organizations. Most of the tech giants that have global operations, including Microsoft, AT&T, IBM, international banks, insurance companies, and others, have their headquarters in the US, which will facilitate the growth of the market in North America during the forecast period.

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regional opportunities

Intercultural Education Market – Key Market Dynamics

  • Market driver

  • Market challenges

Emergence of cost-effective e-learning training modules and increase in foreigner assignments are some of the key drivers of the market. However, factors such as costs associated with expatriate failure will drive market growth.

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Report now!

Intercultural Training Market – Vendor Analysis

The intercultural education market is fragmented and suppliers apply growth strategies such as organic and inorganic growth strategies to compete in the market.

  • To access more vendor profiles with their key offerings available with Technavio, Press here

The competitive scenario envisaged in Intercultural Education Market Report analyze, evaluate and position companies based on various performance indicators. Some of the factors considered for this analysis include companies’ financial performance over the past few years, growth strategies, product innovations, new product launches, investments, market share growth, etc. Don’t wait, take a strategic approach and drive your business goals with our Intercultural Training Market Forecast Report – Buy now!

Related reports:

  • The Edtech Marketplace The share is expected to increase to USD 133.05 billion from 2021 to 2026, and the market growth rate will accelerate at a CAGR of 17.79%.

  • The corporate training market share in Europe is expected to grow to USD 11.79 billion from 2021 to 2026, and the market growth rate will accelerate at a CAGR of 7.31%.

Scope of the Intercultural Education Market

Report coverage

Details

Page number

120

Base year

2020

Estimated period

2021-2025

Growth momentum and CAGR

Accelerate at CAGR over 6.57%

Market Growth 2021-2025

$1.45 billion

Market structure

Torn apart

Year-on-year growth (%)

5.95

Regional analysis

North America, Europe, APAC, MEA and South America

Effective market contribution

North America with 31%

Key user countries

USA, UK, China, Germany and Japan

The competitive environment

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

Babel Language Consulting Ltd., Commisceo Global Consulting Ltd., Coursera Inc., Cross-Cultural Consulting, Global Integration Inc., GROVEWELL LLC, Learnlight, Pearson Plc, Udemy Inc. and Wolfestone Translation Ltd.

Market dynamics

Major market analysis, drivers and barriers to market growth, analysis of fast-growing and slow-growing segments, impact of COVID 19 and future consumer dynamics, and analysis of market status for the forecast period.

Range of customization

If our report doesn’t include the data you’re looking for, you can contact our analysts and get custom segments.

Search for Technavio “Consumer discretionary market‚ÄúResearch Reports

Main topics covered:

1 Summary

2 Market landscape

3 Sizing the market

4 Five Forces Analysis

5 Market Segmentation by Implementation

6 Customer landscape

7 Geographical landscape

8 Drivers, challenges and trends

9 Supplier landscape

10 Supplier Analysis

11 Appendix

About us

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 dedicated analysts, Technavio’s report library consists of more than 17,000 reports and growing, covering 800 technologies spanning 50 countries. Their client base consists of businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
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website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

Technavio (PRNewsfoto/Technavio)

Sission

Sission

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SOURCE Technavio

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