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
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)
Frontline Workers Training, Application Outlook (Revenue - USD Billion, 2018 - 2030)
Frontline Workers Training, Training Type Outlook (Revenue - USD Billion, 2018 - 2030)
Frontline Workers Training, User Type Outlook (Revenue - USD Billion, 2018 - 2030)
Frontline Workers Training, Regional Outlook (Revenue - USD Billion, 2018 - 2030)