Home Press Releases Frontline Workers Training Market Size Worth $62.93 Billion By 2030 | CAGR: 16.2%

Frontline Workers Training Market Size Worth $62.93 Billion By 2030 | CAGR: 16.2%

The global frontline workers training market size is expected to reach USD 62.93 billion by 2030, according to a new study by Polaris Market Research. The report “Frontline Workers Training Market Share, Size, Trends, Industry Analysis Report, By Training Type (Scenario-based, Technical, Soft Skills, Fire & Safety, Call Center, Others); By Application; By User Type; By Solution; By Mode of Learning; By Region; Segment Forecast, 2022 – 2030” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 

Organizations worldwide are investing heavily in AI and ML technology solutions to improve customer experience and remain competitive in a changing marketplace. For instance, in April 2019, Artificial intelligence and machine learning began to transform every company, sector, and country worldwide.

 

ThoughtSpot announced it would invest $25 million in its engineering center in Bangalore, India. The resources will be used to pursue responsible for the success of top Indian universities and to develop innovative the company’s industry-leading exploration and AI-driven advanced analytics. ThoughtSpot will also launch operations in India to bring augmented analytics to businesses across the country.

 

Furthermore, the rising platforms for learning launched by the major players for frontline workers are boosting the market growth over the forecast period. For instance, in May 2021, PTC initiated the PTC’s Vuforia Enterprise AR Suite enabling frontline employees to perform inspections quickly and accurately while documenting applicable insights in real-time. Enterprises can utilize the Vuforia SaaS-based alternative to optimize examinations for performance and field maintenance utilization cases. Therefore, these factors are boosting growth over the forecast period.

 

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Additionally, frontline workers get a distinct way of learning that is often overlooked by regular training or documentation-based programs. Video-based training may benefit all employees by allowing them to customize their spectator experience, from video pace to captioning to in-video exploration. Video-based training also includes interactive elements that allow frontline workers to participate actively in their training. With these best practices in mind, businesses can prioritize and personalize cellphone and frontline worker training, increasing productivity and satisfaction while creating a sense of belonging and participation among employees.

 

Frontline Workers Training Market Report Highlights

  • The content management segment is anticipated to witness significant growth over the forecast period. Frontline training remedies with relevant content help to enhance employee knowledge, change behavior, and achieve significant results. Videos, interactive teaching modules, questionnaires, and job aids are examples of integrated systems.
  • Healthcare segment accounted for the largest revenue share in 2021. When compared to other corporate clients, health care clients currently lead in aspects of the reception of frontline worker training.
  • Asia Pacific is expected to witness fastest growth over the projected period. This market is also projected to account for substantial adoption of frontline worker training courses, as countries like China, Japan, and India are utilizing data AI technologies and offering appropriate training to frontline workers to develop and strengthen and improve performance.
  • The global players include Anthill Inc., Beekeeper GmbH, Cornerstone OnDemand Corp., Disprz Company Limited, Epignosis Incorporation, Flip Corporation, Google Incorporation, Microsoft Corporation, Oracle Corp., PTC Inc., Skyllful Corporation, Skedulo Inc., and YOOBIC Ltd.

 

Polaris Market Research has segmented the frontline workers training market report based on mode of learning,  training type, user type, application, and region:

 

Frontline Workers Training, Mode of Learning Outlook (Revenue – USD Billion, 2018 – 2030)

  • Blended Learning
  • Mobile Learning
  • Virtual Learning

Frontline Workers Training, Application Outlook (Revenue – USD Billion, 2018 – 2030)

  • Content Management
  • Performance Management
  • Talent Management
  • Risk & Compliance Management
  • Campaign Management
  • Onboarding & Engagement
  • Other Applications

Frontline Workers Training, Training Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Scenario-based
  • Technical
  • Soft Skills
  • Fire & Safety
  • Call Center
  • Others

Frontline Workers Training, User Type Outlook (Revenue – USD Billion, 2018 – 2030)

  • Academic User
  • K12
  • Higher Education
  • Corporate User
  • BFSI
  • Retail
  • Healthcare
  • Transportation & Logistics
  • Construction
  • Government & Public Sector
  • Others

Frontline Workers Training, Regional Outlook (Revenue – USD Billion, 2018 – 2030)

  • North America
    • U.S
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Netherlands
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Indonesia
    • Malaysia
  • Latin America
    • Argentina
    • Brazil
    • Mexico
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Israel
    • South Africa

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