The corporate training market is expected to advance in a positive way in the next five years, with technological innovations playing a vital role in how training materials are designed. According to market research analysts at Technavio, the corporate training market in the US will grow at a CAGR close to 10% by 2022, which will be due to growing demand for innovative corporate training content with focus on microlearning. Also, due to the growing adoption of smart wearable technology, there is an increased demand from organizations for mobile-based IT training.
- Current revenue growth rate exceeds the average of the last 3 years, indicating that market momentum is increasing
- Current gross profit margin is less than the average of the last 3 years gross profit margins, indicating customer pricing power
- Current EBITDA margin is less than the average of the last 3 years EBITDA margins, which may signal further consolidation