NEW
YORK, Nov. 29, 2022 /PRNewswire/ -- Technavio
categorizes the global cross-cultural training market as a part of
the education market, the parent market. The education
market covers products, services, and solutions that are offered to
educational institutions, corporate institutions, students,
parents, individuals, and teachers. The global
cross-cultural training market size is estimated to
increase by USD 1,802.14
million from 2022 to 2027. The market's growth momentum
will accelerate at a CAGR of 7.05%.
Discover some insights on market size before
buying the full report. Request a Free Sample
Global Cross-cultural Training
Market - Customer Landscape
To help companies evaluate and develop growth strategies, the
report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycle
- Drivers of price sensitivity
Global Cross-cultural Training Market – Vendor
Analysis
Vendor Landscape - The global cross-cultural
training market is fragmented and competitive. A few prominent
vendors that offer cross-cultural training in the market are
Aperian Global Inc., Babel Language Consulting, Commisceo Global
Consulting, Coursera Inc., Creative Culture Ltd., Cultural Savvy
(Joyce Millet & Associates),
Dwellworks LLC, ELM Learning, Global Business Culture, Global
Integration Inc., and others.
Factors such as technology and infrastructure are intensifying
the competition in the market. There is high product
differentiation among major players, which offer products at
competitive prices. This, in turn, affects their profit margins.
Moreover, the threat of new entrants is moderate due to factors
such as moderate capital requirements.
Vendor Offerings -
- Aperian Global Inc.: The company offers
cross-cultural training, namely Cultural Competence.
- Babel Language Consulting: The company offers
cross-cultural training with Models of Culture.
- Commisceo Global Consulting: The company offers
cross-cultural training, namely Intercultural Working and
Communication.
- Coursera Inc.: The company offers cross-cultural
training, such as Business English for Cross-cultural
Communication, Cross-Cultural Communication, and Management.
- For Details on vendors and their offerings – Buy
report!
Global Cross-cultural Training
Market - Segmentation Assessment
Geography Overview
Based on geography, the global cross-cultural training
market is segmented into North
America, Europe, APAC,
South America, and the
Middle East and Africa. The report provides actionable
insights and an accurate estimation of the contribution of all
regions to the growth of the global cross-cultural training
market.
- North America held 31%
of the global cross-cultural training market in 2022. The market in
the region is estimated to grow at the fastest pace during the
forecast period. This growth is driven by the presence of many MNCs
and large organizations. Most technology giants, international
banks, and insurance companies are headquartered in the US. These
organizations have numerous employees from different educational
and cultural backgrounds. As a result, the adoption of
cross-cultural training programs is increasing.
Segment Overview
Based on deployment, the global cross-cultural training market
is segmented into workshop and online.
- The market share growth of the workshop segment will be
higher than the other segments during the forecast period. As
companies are expanding their presence across various countries,
the importance of cultural awareness has increased. Cross-cultural
training was introduced in the market through the workshop model.
The provision of workshop training enables corporates to monitor
the performance of employees. Employees can gain real-time
experience, with feedback for sessions and immediate customization.
These factors are driving the growth of this segment.
Download a FREE sample report
Global Cross-cultural Training Market – Market
Dynamics
- Impactful Driver - The emergence of cost-effective
e-learning training modules is driving the global cross-cultural
training market growth. Organizations are increasingly adopting
innovative and cost-effective ways to provide cross-cultural
training to employees. They are introducing advanced solutions,
technologies, systems, and courses at affordable prices. Hence,
organizations with limited budgets prefer to pursue alternative
e-learning solutions to train their employees.
- Key Trend - The gamification of content will fuel the
global cross-cultural training market growth. Gamification has
become an integral part of training in business scenarios.
Businesses have embraced gamification to design incentivized
programs with a rising emphasis on digital badges, rewards, and
leaderboards to carry out training with a mobile component. Such
factors will support market growth.
- Major Challenge - The high costs associated with
expatriate training failure will challenge the global
cross-cultural training market growth. The training of expatriate
managers is expensive. The rate of failure of these employees can
lead to monetary losses and talent depletion. It can also damage
the reputation of companies. Moreover, negligence of crucial and
unique elements related to specific learner groups can have a
drastic impact on the execution of projects.
Driver, Trends, and Challenges are the factors
of market dynamics that state about consequences and sustainability
of businesses. Find a few insights from a free sample
report!
What are the key data covered in this cross-cultural training
market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of
the cross-cultural training market between 2023 and 2027
- Precise estimation of the size of the cross-cultural training
market size and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in
consumer behavior
- Growth of the cross-cultural training market across APAC,
North America, Europe, Middle
East and Africa, and
South America
- Thorough analysis of the market's competitive landscape and
detailed information about vendors
- Comprehensive analysis of factors that will challenge the
growth of cross-cultural training market vendors
Register for a free trial today and gain
instant access to 17,000+ market research
reports.
Technavio's SUBSCRIPTION platform
Related Reports:
- The business process management (BPM) training system
market is estimated to grow at a CAGR
of 12.77% between 2021 and 2026. The size of the market is
forecasted to increase by USD 1.76
billion. The market is segmented by learning methods (online
learning and blended learning), courses (corporate courses and
general courses), and geography (North
America, APAC, Europe,
South America, and Middle East and Africa).
- The English language training (ELT) market size in
China is estimated to
grow at a CAGR of 19.75%. The size of the market is forecasted to
increase by USD 70.81 billion. The
market is segmented by end-user (institutional learners and
individual learners) and product (classroom-based, online, and
blended).
Cross-cultural
Training Market Scope
|
Report
Coverage
|
Details
|
Page number
|
120
|
Base year
|
2022
|
Historic
period
|
2017-2021
|
Forecast
Period
|
2023 -2027
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
7.05%
|
Market growth
2023-2027
|
USD 1,802.14
million
|
Market
structure
|
Fragmented
|
YoY growth
(%)
|
5.78
|
Regional
analysis
|
North America, Europe,
APAC, South America, and Middle East and Africa
|
Performing
contribution
|
North America at
31%
|
Key
countries
|
US, Canada, China,
Germany, and UK
|
Competitive
landscape
|
Leading Companies,
Market Positioning of Vendors, Competitive Strategies, and Industry
Risks
|
Key companies
profiled
|
Aperian Global Inc.,
Babel Language Consulting, Commisceo Global Consulting, Coursera
Inc., Creative Culture Ltd., Cultural Savvy (Joyce Millet &
Associates), Dwellworks LLC, ELM Learning, Global Business Culture,
Global Integration Inc., Global Training Partners, Learnlight
Software S.L.U., Pearson Plc, PRISM International Inc., RW3 LLC,
Smart Culture, The London School of English, Udemy Inc., and
Wolfestone Translation Ltd.
|
Market
dynamics
|
Parent Market Analysis;
Market growth inducers and obstacles; Fast-growing and slow-growing
segment analysis for the forecast period
|
Customization
purview
|
If our report has not
included the data that you are looking for, you can reach out to
our analysts and get segments customized.
|
Browse Consumer Discretionary Market
Reports
Table Of Contents:
1 Executive Summary
- 1.1 Market overview
-
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market
Overview
- Exhibit 03: Executive Summary – Chart on Global Market
Characteristics
- Exhibit 04: Executive Summary – Chart on Market by
Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by
Deployment
- Exhibit 06: Executive Summary – Chart on Market Segmentation by
End-user
- Exhibit 07: Executive Summary – Chart on Incremental
Growth
- Exhibit 08: Executive Summary – Data Table on Incremental
Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market
Positioning
2 Market Landscape
- 2.1 Market ecosystem
-
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
-
- Exhibit 12: Offerings of vendors included in the market
definition
- 3.2 Market segment analysis
-
- Exhibit 13: Market segments
- 3.4 Market outlook: Forecast for 2022-2027
-
- Exhibit 14: Chart on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast
2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth
2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth
2022-2027 (%)
4 Historic Market Size
- 4.1 Global cross-cultural training market 2017 - 2021
-
- Exhibit 18: Historic Market Size – Data Table on Global
cross-cultural training market 2017 - 2021 ($ million)
- 4.2 Type Segment Analysis 2017 - 2021
-
- Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($
million)
- 4.3 Platform Segment Analysis 2017 - 2021
-
- Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021
($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
-
- Exhibit 21: Historic Market Size – Geography Segment 2017 -
2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
-
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021
($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
-
- Exhibit 23: Five forces analysis - Comparison between2022 and
2027
- 5.2 Bargaining power of buyers
-
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key
factors 2022 and 2027
- 5.3 Bargaining power of suppliers
-
- Exhibit 25: Bargaining power of suppliers – Impact of key
factors in 2022 and 2027
- 5.4 Threat of new entrants
-
- Exhibit 26: Threat of new entrants – Impact of key factors in
2022 and 2027
- 5.5 Threat of substitutes
-
- Exhibit 27: Threat of substitutes – Impact of key factors in
2022 and 2027
- 5.6 Threat of rivalry
-
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022
and 2027
- 5.7 Market condition
-
- Exhibit 29: Chart on Market condition - Five forces 2022 and
2027
6 Market Segmentation by Deployment
- 6.1 Market segments
-
- Exhibit 30: Chart on Deployment - Market share 2022-2027
(%)
- Exhibit 31: Data Table on Deployment - Market share 2022-2027
(%)
- 6.2 Comparison by Deployment
-
- Exhibit 32: Chart on Comparison by Deployment
- Exhibit 33: Data Table on Comparison by Deployment
- 6.3 Workshop - Market size and forecast 2022-2027
-
- Exhibit 34: Chart on Workshop - Market size and forecast
2022-2027 ($ million)
- Exhibit 35: Data Table on Workshop - Market size and forecast
2022-2027 ($ million)
- Exhibit 36: Chart on Workshop - Year-over-year growth 2022-2027
(%)
- Exhibit 37: Data Table on Workshop - Year-over-year growth
2022-2027 (%)
- 6.4 Online - Market size and forecast 2022-2027
-
- Exhibit 38: Chart on Online - Market size and forecast
2022-2027 ($ million)
- Exhibit 39: Data Table on Online - Market size and forecast
2022-2027 ($ million)
- Exhibit 40: Chart on Online - Year-over-year growth 2022-2027
(%)
- Exhibit 41: Data Table on Online - Year-over-year growth
2022-2027 (%)
- 6.5 Market opportunity by Deployment
-
- Exhibit 42: Market opportunity by Deployment ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
-
- Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 44: Data Table on End-user - Market share 2022-2027
(%)
- 7.2 Comparison by End-user
-
- Exhibit 45: Chart on Comparison by End-user
- Exhibit 46: Data Table on Comparison by End-user
- 7.3 Large enterprise - Market size and forecast 2022-2027
-
- Exhibit 47: Chart on Large enterprise - Market size and
forecast 2022-2027 ($ million)
- Exhibit 48: Data Table on Large enterprise - Market size and
forecast 2022-2027 ($ million)
- Exhibit 49: Chart on Large enterprise - Year-over-year growth
2022-2027 (%)
- Exhibit 50: Data Table on Large enterprise - Year-over-year
growth 2022-2027 (%)
- 7.4 Small and medium enterprise - Market size and forecast
2022-2027
-
- Exhibit 51: Chart on Small and medium enterprise - Market size
and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on Small and medium enterprise - Market
size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on Small and medium enterprise -
Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on Small and medium enterprise -
Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by End-user
-
- Exhibit 55: Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
-
- Exhibit 56: Analysis of price sensitivity, lifecycle, customer
purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
-
- Exhibit 57: Chart on Market share by geography 2022-2027
(%)
- Exhibit 58: Data Table on Market share by geography 2022-2027
(%)
- 9.2 Geographic comparison
-
- Exhibit 59: Chart on Geographic comparison
- Exhibit 60: Data Table on Geographic comparison
- 9.3 North America - Market
size and forecast 2022-2027
-
- Exhibit 61: Chart on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 62: Data Table on North
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 63: Chart on North
America - Year-over-year growth 2022-2027 (%)
- Exhibit 64: Data Table on North
America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and
forecast 2022-2027
-
- Exhibit 65: Chart on Europe -
Market size and forecast 2022-2027 ($ million)
- Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($
million)
- Exhibit 67: Chart on Europe -
Year-over-year growth 2022-2027 (%)
- Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027
(%)
- 9.5 APAC - Market size and forecast 2022-2027
-
- Exhibit 69: Chart on APAC - Market size and forecast 2022-2027
($ million)
- Exhibit 70: Data Table on APAC - Market size and forecast
2022-2027 ($ million)
- Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027
(%)
- Exhibit 72: Data Table on APAC - Year-over-year growth
2022-2027 (%)
- 9.6 Middle East and
Africa - Market size and forecast
2022-2027
-
- Exhibit 73: Chart on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Middle
East and Africa - Market
size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Middle
East and Africa -
Year-over-year growth 2022-2027 (%)
- 9.7 South America - Market
size and forecast 2022-2027
-
- Exhibit 77: Chart on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 78: Data Table on South
America - Market size and forecast 2022-2027 ($
million)
- Exhibit 79: Chart on South
America - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on South
America - Year-over-year growth 2022-2027 (%)
- 9.8 US - Market size and forecast 2022-2027
-
- Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($
million)
- Exhibit 82: Data Table on US - Market size and forecast
2022-2027 ($ million)
- Exhibit 83: Chart on US - Year-over-year growth 2022-2027
(%)
- Exhibit 84: Data Table on US - Year-over-year growth 2022-2027
(%)
- 9.9 China - Market size and
forecast 2022-2027
-
- Exhibit 85: Chart on China -
Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($
million)
- Exhibit 87: Chart on China -
Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on China - Year-over-year growth 2022-2027
(%)
- 9.10 UK - Market size and forecast 2022-2027
-
- Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($
million)
- Exhibit 90: Data Table on UK - Market size and forecast
2022-2027 ($ million)
- Exhibit 91: Chart on UK - Year-over-year growth 2022-2027
(%)
- Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027
(%)
- 9.11 Germany - Market size and
forecast 2022-2027
-
- Exhibit 93: Chart on Germany -
Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027
($ million)
- Exhibit 95: Chart on Germany -
Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027
(%)
- 9.12 Canada - Market size and
forecast 2022-2027
-
- Exhibit 97: Chart on Canada -
Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($
million)
- Exhibit 99: Chart on Canada -
Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027
(%)
- 9.13 Market opportunity by geography
-
- Exhibit 101: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.3 Impact of drivers and challenges
-
- Exhibit 102: Impact of drivers and challenges in 2022 and
2027
11 Vendor Landscape
- 11.2 Vendor landscape
-
- Exhibit 103: Overview on Criticality of inputs and Factors of
differentiation
- 11.3 Landscape disruption
-
- Exhibit 104: Overview on factors of disruption
- 11.4 Industry risks
-
- Exhibit 105: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
-
- Exhibit 106: Vendors covered
- 12.2 Market positioning of vendors
-
- Exhibit 107: Matrix on vendor position and classification
- 12.3 Aperian Global Inc.
-
- Exhibit 108: Aperian Global Inc. - Overview
- Exhibit 109: Aperian Global Inc. - Product / Service
- Exhibit 110: Aperian Global Inc. - Key offerings
- 12.4 Babel Language Consulting
-
- Exhibit 111: Babel Language Consulting - Overview
- Exhibit 112: Babel Language Consulting - Product / Service
- Exhibit 113: Babel Language Consulting - Key offerings
- 12.5 Commisceo Global Consulting
-
- Exhibit 114: Commisceo Global Consulting - Overview
- Exhibit 115: Commisceo Global Consulting - Product /
Service
- Exhibit 116: Commisceo Global Consulting - Key offerings
- 12.6 Coursera Inc.
-
- Exhibit 117: Coursera Inc. - Overview
- Exhibit 118: Coursera Inc. - Business segments
- Exhibit 119: Coursera Inc. - Key offerings
- Exhibit 120: Coursera Inc. - Segment focus
- 12.7 Creative Culture Ltd.
-
- Exhibit 121: Creative Culture Ltd. - Overview
- Exhibit 122: Creative Culture Ltd. - Product / Service
- Exhibit 123: Creative Culture Ltd. - Key offerings
- 12.8 Cultural Savvy and Joyce Millet
-
- Exhibit 124: Cultural Savvy and Joyce
Millet - Overview
- Exhibit 125: Cultural Savvy and Joyce
Millet - Product / Service
- Exhibit 126: Cultural Savvy and Joyce
Millet - Key offerings
- 12.9 Dwellworks LLC
-
- Exhibit 127: Dwellworks LLC - Overview
- Exhibit 128: Dwellworks LLC - Product / Service
- Exhibit 129: Dwellworks LLC - Key offerings
- 12.10 ELM Learning
-
- Exhibit 130: ELM Learning - Overview
- Exhibit 131: ELM Learning - Product / Service
- Exhibit 132: ELM Learning - Key offerings
- 12.11 Global Business Culture
-
- Exhibit 133: Global Business Culture - Overview
- Exhibit 134: Global Business Culture - Product / Service
- Exhibit 135: Global Business Culture - Key offerings
- 12.12 Global Integration Inc.
-
- Exhibit 136: Global Integration Inc. - Overview
- Exhibit 137: Global Integration Inc. - Product / Service
- Exhibit 138: Global Integration Inc. - Key offerings
- 12.13 Global Training Partners
-
- Exhibit 139: Global Training Partners - Overview
- Exhibit 140: Global Training Partners - Product / Service
- Exhibit 141: Global Training Partners - Key offerings
- 12.14 Learnlight Software S.L.U.
-
- Exhibit 142: Learnlight Software S.L.U. - Overview
- Exhibit 143: Learnlight Software S.L.U. - Product /
Service
- Exhibit 144: Learnlight Software S.L.U. - Key offerings
- 12.15 Pearson Plc
-
- Exhibit 145: Pearson Plc - Overview
- Exhibit 146: Pearson Plc - Business segments
- Exhibit 147: Pearson Plc - Key news
- Exhibit 148: Pearson Plc - Key offerings
- Exhibit 149: Pearson Plc - Segment focus
- 12.16 PRISM International Inc.
-
- Exhibit 150: PRISM International Inc. - Overview
- Exhibit 151: PRISM International Inc. - Product / Service
- Exhibit 152: PRISM International Inc. - Key offerings
- 12.17 Smart Culture
-
- Exhibit 153: Smart Culture - Overview
- Exhibit 154: Smart Culture - Product / Service
- Exhibit 155: Smart Culture - Key offerings
13 Appendix
- 13.2 Inclusions and exclusions checklist
-
- Exhibit 156: Inclusions checklist
- Exhibit 157: Exclusions checklist
- 13.3 Currency conversion rates for US$
-
- Exhibit 158: Currency conversion rates for US$
- 13.4 Research methodology
-
- Exhibit 159: Research methodology
- Exhibit 160: Validation techniques employed for market
sizing
- Exhibit 161: Information sources
- 13.5 List of abbreviations
-
- Exhibit 162: List of abbreviations
About Us
Technavio is a leading global technology research and advisory
company. Their research and analysis focus on emerging market
trends and provide actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions. With over 500 specialized analysts,
Technavio's report library consists of more than 17,000 reports and
counting, covering 800 technologies, spanning across 50 countries.
Their client base consists of enterprises of all sizes, including
more than 100 Fortune 500 companies. This growing client base
relies on Technavio's comprehensive coverage, extensive research,
and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive
positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
View original content to download
multimedia:https://www.prnewswire.com/news-releases/cross-cultural-training-market-size-to-grow-by-usd-1-802-14-million-from-2022-to-2027-a-descriptive-analysis-of-customer-landscape-vendor-assessment-and-market-dynamics---technavio-301689103.html
SOURCE Technavio