31% of growth will come from North America, the workshop segment will be significant for revenue generation – Technavio

NEW YORK, August 5, 2022 / PRNewswire / – The “Intercultural training market“has been added to Technavio’s offering. With ISO 9001: 2015 certification, Technavio is proud to have partnered with over 100 Fortune 500 companies for over 16 years. The market share of intercultural education is expected to increase by 1.45 billion dollars from 2020 to 2025 and the growth momentum of the market will accelerate to CAGR of 6.57%. Technavio classifies the global intercultural education market as part of the global market for education services. Our research report has extensively covered the external factors influencing the growth potential of the parent market in the coming years, which will determine the growth levels of the Intercultural Education market during the forecast period.

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

Technavio 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 training market: segmentation analysis

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

  • Revenue Generating Segment –The growth of the market share by the workshop segment they will be significant over the forecast period. The workshop model will remain prevalent during the forecast period. The model provides students with a more realistic and practical way of learning as most of the interactions take place face-to-face with the trainers. This training model generally consists of innovative training methods, such as role play and case studies.

  • Regional highlights -31% of the market growth will come from North America during the forecast period. The United States is the key market for intercultural education in North America. Market growth in this region will be faster than market growth in the regions. The growth of the intercultural training market in North America it can be attributed to the presence of many multinationals and large organizations. Most of the technology giants with global operations, including Microsoft, AT&T, IBM, international banks, insurance companies and others, are based in the United States, which will facilitate market growth in North America in the forecast period.

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regional opportunities

Intercultural Training Market – Key Market Dynamics

  • Market driver

  • Market challenges

The emergence of affordable e-learning training modules and the increase in overseas assignments are some of the main drivers of the market. However, factors such as the costs associated with expatriate bankruptcy will challenge market growth.

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Report now!

Intercultural Training Market – Supplier Analysis

The intercultural training market is fragmented and suppliers are implementing growth strategies such as organic and inorganic growth strategies to compete in the market.

  • To access multiple supplier profiles with their key offers available with Technavio, Click here

The competitive scenario envisaged in the Report on the intercultural training market analyzes, evaluates and positions companies on the basis of various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent 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 Education Market Forecast report – Buy now!

Related reports:

  • The edtech market the share is expected to increase to $ 133.05 billion from 2021 to 2026 and the market’s growth momentum will accelerate at a CAGR of 17.79%.

  • The business training market to share Europe it is expected to increase to USD 11.79 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.31%.

Scope of the intercultural training market

Report coverage

Details

Page number

120

Reference year

2020

Forecast period

2021-2025

Moment of growth and CAGR

Accelerate to a CAGR of over 6.57%

Market growth 2021-2025

1.45 billion dollars

Market structure

Fragmented

Year-on-year growth (%)

5.95

Regional analysis

North America, Europe, APAC, MEA and South America

Contribution of the performing market

North America at 31%

Key consumer countries

United States, United Kingdom, China, Germany and Japan

Competitive landscape

Leading companies, competitive strategies, area of ​​consumer involvement

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

Core Market Analysis, Market Growth Inductors and Barriers, Fast and Slow Growing Segment Analysis, COVID 19 Impact and Future Consumer Dynamics, and Market Condition Analysis for the Forecast Period.

Expertise for customization

If our report did not include the data you are looking for, you can contact our analysts and get custom segments.

Search for Technavio “Consumer discretionary market“Research reports

Key topics covered:

1 Executive summary

2 Market panorama

3 Sizing of the market

4 Analysis of the five forces

5 Market segmentation by distribution

6 Customer landscape

7 Geographic landscape

8 Drivers, challenges and trends

9 Vendor landscape

10 Supplier Analysis

11 Appendix

Who we are

Technavio is a world-leading technological consulting and research company. Their research and analysis focuses on emerging market trends and provides useful information to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of over 17,000 reports and counts, covering 800 technologies, in 50 countries. Their customer base is made up of businesses of all sizes, including more than 100 Fortune 500 companies. This growing customer base is based on Technavio’s comprehensive coverage, in-depth research and actionable market insights to identify opportunities in the existing and potential markets and assess their competitive positions within evolving market scenarios.

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Technavio Research
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E-mail:media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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SOURCE Technavio

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