2024 Corporate Training Research Report: Market Projected to Surpass $713 Billion by 2033 [Yahoo! Finance]
Skillsoft Corp. Class A (SKIL)
Company Research
Source: Yahoo! Finance
The global corporate training market is poised for unprecedented growth over the next decade. Entering a new era of professional development, the market is expected to grow robustly, reaching an estimated $511.97 billion by 2028 and further surging to $713.47 billion by 2033. This optimistic outlook is anchored in the market's strong historical performance, with a compound annual growth rate (CAGR) of 4.9% from 2018 to 2023. Key Drivers of Market Expansion Several key factors are propelling the corporate training market forward, including widespread digitalization, higher learning and development investments, expanded internet outreach, thriving mobile learning demand, and greater adoption of IoT devices. However, certain challenges such as technology accessibility constraints and elevated program costs have previously restrained growth. Segment Insights and Forecasts The market is meticulously segmented, with technical training representing the largest segment as of 2023, at
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SKIL
News
- Skillsoft to Report Third Quarter Fiscal 2025 Financial Results on December 10Business Wire
- Skillsoft's New IT Skills & Salary Report Highlights Trends Impacting Technology Careers, Investments, and Talent Strategies for 2025Business Wire
- Crane NXT (CXT) Tops Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Skillsoft Global Knowledge Wins Multiple Global Partner Awards For Excellence in Helping Organizations Build Technology SkillsBusiness Wire
- SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Skillsoft Corp. (NYSE: SKIL)PR Newswire
SKIL
Earnings
- 9/9/24 - Beat
SKIL
Sec Filings
- 11/5/24 - Form 4
- 11/5/24 - Form 4
- 10/29/24 - Form SC
- SKIL's page on the SEC website