Indonesia Corporate Training Market Outlook to 2027F
Segmented by industrial vertical (IT, Telecom, BFSI, FMCG, Automotive, Manufacturing and Healthcare), by deployment (On-Site and Off-Site) by mode of learning (instructor led classroom only, computer-based methods and mobile and social learning”
Region:Asia
Product Code:KROD133
February 2023
70
About the Report
The report provides a comprehensive analysis of the potential of corporate training industry in Indonesia. The report covers an overview and genesis of the industry, market size in terms of revenue generated.
Its market segmentations include by industry vertical, by type of training service, by deployment, by designation of employee and by mode of learning; growth enablers and drivers; challenges and bottlenecks; trends driving adoption trends; regulatory framework; end-user analysis, industry analysis, competitive landscape including competition scenario and market shares of major players. The report concludes with future market projections of each market segmentation and analyst recommendations.
Market Overview:
According to Ken Research estimates, the Indonesia Corporate Training Market – which grew from approximately USD ~ Mn in 2017 to approximately USD ~ Mn in 2022 – is forecasted to grow further into USD ~ Mn opportunity by 2027F, owing to the new government policies, technological development and investment on digitalization.
- Government policies and investment has also fueled the growth in the Indonesia corporate training market. For instance, government programs such as Vocational Training and Employment Program aimed at improving the quality of workforce by providing skilled training & opportunities to workers.
- Increasing use of technology will also boost the market, with latest device and mobile learning are some of the next generation technologies which will help the Indonesia Corporate Training Market to grow.
Key Trends by Market Segment:
By Deployment: Off-site has been a preferred mode especially in cases where in the client lacks the required training infrastructure. However, if the clients is resourceful and has requirement has a lot of customizations aligned to their business goals, they might opt for an On-site training mode.
By Designation Of Employee: Freshers and young professionals who are just 1-3 years old in their career are given most of the non-managerial trainings. Also, Managerial trainings are on the rise in Indonesia. Managers are required to avail trainings in new innovative business models & disruptive technologies for efficient deployment of resources.
Competitive Landscape
Future Outlook:
The demand for corproate traaining services is expected to continue to grow in Indonesia due to the increasing need for companies to upskill and reskill their emoplyees in order to stay competitive in the changing business landscape. The focus on leadership development and soft skill training is also expected to drive the growth in the market. Companies are investing more in employee training program as they recognize the importance of developing a skilled and knowledgable workforce, and use of digital learning solution is also expected to continue to grow. Overall, the future outlook for the indonesia corporate training market is very optimistic, with growth expected in the coming years.
Scope of the Report
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Indonesia Corporate Training Market |
|
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By Industry Verticals |
IT/ITES Telecom BFSI FMCG/Retail Automobile Manufacturing Healthcare |
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By Types Of Training Services |
Technical Leadership Managerial Sales Customer Management Quality Training Technical Training Soft Skills Brand Training |
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By Deployment |
On-Site Off-Site |
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By Designation Of Employee |
Managerial Non-Managerial Integrated |
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By Mode Of Learning |
Instructor Led Classroom Only Blended Learning Virtual Classroom Online or Computer Based Methods Mobile and Social Learning |
Products
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Corporate Training Companies
- Ed-tech Companies
- Self-Based Learning Platforms Companies
- Freelance Trainers
- Industry/Corporate Coach
- Contractual Professional Trainers
- Industry Veterans
- IT Solutions and Support Companies
- Top UG/PG Private Universities
- Retired Experienced Faculties
Time Period Captured in the Report
- Historical Period: 2017-2021
- Base Year: 2022
- Forecast Period: 2023-2027F
Companies
Major Players Mentioned in the Report
- Cognitel
- Maverick
- Dale Carnegie Training
- Deloitte Academy
- Briktru
- PwC Academy
Table of Contents
1. Executive Summary
2. Indonesia Corporate Training Market Overview
2.1 Taxonomy of the Indonesia Corporate Training Market
2.2 Industry Value Chain
2.3 Ecosystem
2.4 Government Regulations/Initiatives for the Indonesia Corporate Training Market
2.5 Growth Drivers of the Indonesia Corporate Training Market
2.6 Issues and Challenges of the Indonesia Corporate Training Market
2.7 Impact of COVID-19 on the Indonesia Corporate Training Market
2.8 SWOT Analysis
3. Indonesia Corporate Training Market Size, 2017 – 2022
4. Indonesia Corporate Training Market Segmentation
4.1 By Product Type, 2017 - 2022
4.2 By End-User, 2017 - 2022
4.3 By Regional Split (North/East/West/South/Central), 2017 - 2022
5. Indonesia Corporate Training Competitive Landscape
5.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
5.2 Strategies Adopted by Leading Players
5.3 Company Profiles – (Top 5 Major Players)
5.3.1 Briktru
5.3.2 Cognitel
5.3.3 Dale Carnegie Training
5.3.4 Deloitte Academy
5.3.5 Maverick
6. Indonesia Corporate Training Future Market Size, 2022 – 2027
7.Indonesia Corporate Training Future Market Segmentation
7.1 By Product Type, 2022 - 2027
7.2 By End-User, 2022 - 2027
7.3 By Regional Split (North/East/West/South/Central), 2022 - 2027
8. Analyst Recommendations
9. Research Methodology
10. Disclaimer
11. Contact Us
Research Methodology
Step 1: Identifying Key Variables:
Ecosystem creation for all the major entities and referring to multiple secondary and proprietary databases to perform desk research around market to collate industry level information.
Step 2: Market Building:
Collating statistics corporate training over the years, penetration of on-site and off-site training ratio to compute overall revenue generated. We will also review key drivers, restraints, and opportunities statistics to understand revenue generated which can ensure accuracy behind the data points shared.
Step 3: Validating and Finalizing:
Building market hypothesis and conducting CATIs with industry exerts belonging to different companies to validate statistics and seek operational and financial information from company representatives.
Step 4: Research output:
Our team will approach multiple corporate training providing channels and understand nature of product segments and sales, consumer preference and other parameters, which will support us validate statistics derived through bottom to top approach from corporate training providers.
Frequently Asked Questions
01 What is the Study Period of this Market Report?
The Indonesia Corporate Training Market is covered from 2017–2027F in this report, including a forecast for 2022-2027F.
02 What is the Future Growth Rate of the Indonesia Corporate Training Market?
The Indonesia Corporate Training Market is expected to witness a CAGR of ~% over the next years.
03 What are the Key Factors Driving the Indonesia Corporate Training?
New Government Policies, technological development and investment in digitalization are likely to fuel the growth in the Indonesia Corporate Training Market.
04 Which is the Deployment Type Segment within the Indonesia Corporate Training?
The Off-Site deployment type segment held the largest share of the Indonesia Corporate Training Market in 2022.
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