Training 2011 - Market Report

15-Jul-2011 | News-Press Release

Individuals and organisations affected by this include training companies, trainers, hotels and conference centres.

Several successful companies operating in the training market made a loss in 2009, whilst others ceased trading — this is symptomatic of conditions within the industry. There remain some companies that are weathering the market comparatively well, but the majority are experiencing falling revenues.

Key Note estimates that the amount spent on off-the-job training by UK private and public sector employers was £19.39bn in the year to April 2010, which represents a 3.2% decrease on the year before. Most of this money is spent on internal training. Key Note has estimated that UK employers spent around £2.5bn on external trainers in the year to April 2010, which represents a fall of about 17% on the value spent in the previous 12 months. The market for externally provided training is therefore relatively small.

The number of providers runs into thousands, and suppliers range from more traditional training companies to IT companies and professional associations. There are also thousands of small, often family-owned firms and sole practitioners. This report lists around 55 leading training firms and organisations.

As the training market contracts, price cutting has become more common; a number of high profile — and successful — companies are implementing price reductions of as much as 50% in 2010. Training companies are responding to the economic downturn in other ways such as reorganising and redefining their programmes, and in some instances by marketing fewer courses.

The corollary of these trends is that organisations are more often creating their own learning and development programmes, and are being more innovative and experimental. The take up of e-learning packages has also increased. The switch to greater in-house learning has been accompanied by more coaching and mentoring schemes. The other noticeable feature of the current market is that organisations are getting better at focusing their training — there are indications that the quality and relevance of training in 2010 has actually risen.

These trends are confirmed by the latest survey from the Chartered Institute of Personnel and Development (CIPD) into attitudes towards, and practices in, learning and development.

Key Note is forecasting a fall in the value of the private sector training market of around 2.5% in the year to April 2011. In the succeeding 12 months, to April 2012, Key Note expects to see the market recover by 1.5%. These projections are informed by the backdrop of a slowly recovering economy.

Table of Contents :

Foreword
Executive Summary
Market Definition
REPORT COVERAGE
MARKET SECTORS
Public Sector Funded Training
Training for Private and Public Sector Employers
MARKET TRENDS
Publicly Funded Training
Employer-Based Training
ECONOMIC TRENDS
Population
Gross Domestic Product
Inflation
MARKET POSITION
Market Size
THE TOTAL MARKET
Public Sector Expenditure
Employer Expenditure on Training
Number of Employees Receiving Training
BY SECTOR
Location of Training
Industry Background
RECENT HISTORY
The Learning and Skills Council
Sector Skills Councils
The Leitch Report
New Developments in
NUMBER OF PROVIDERS
EMPLOYMENT
REGIONAL VARIATION
DISTRIBUTION
HOW ROBUST IS THE MARKET?
LEGISLATION
KEY TRADE ASSOCIATIONS
The British Institute of Learning and Development
The Chartered Institute of Personnel and Development
The Chartered Management Institute
The Institute of Leadership and Management
The Sector Skills Councils
Skills Force
Competitor Analysis
THE MARKETPLACE
MARKET SECTORS
General Management
Accountancy and Finance Training
Quality Assurance
Sales and Marketing
Human Resources Management/Personal Development
Outdoor Training
Information Technology
Project Management
MARKET LEADERS
Oliver Wyman
Adkins and Matchett (UK) Ltd
Assima PLC
Barleythorpe Training and Conference Centre
BPP Holdings PLC
Brathay Development Training
BSI Business Learning

For more information kindly visit :
http://www.bharatbook.com/detail.asp?id=9898&rt=Training-2011-Market-Report.html

Related Reports

The 2011-2016 World Outlook for Education and Training Services
http://www.bharatbook.com/detail.asp?id=174146&rt=The-2011-2016-World-Outlook-for-Education-and-Training-Services.html

World Product & Process Report on Apprenticeship Training Lines
http://www.bharatbook.com/detail.asp?id=123673&rt=World-Product-Process-Report-on-Apprenticeship-Training-Lines.html

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