NEW YORK, Nov. 29, 2022 /PRNewswire/ -- Technavio categorizes the global cross-cultural training market as a part of the education market, the parent market. The education market covers products, services, and solutions that are offered to educational institutions, corporate institutions, students, parents, individuals, and teachers. The global cross-cultural training market size is estimated to increase by USD 1,802.14 million from 2022 to 2027. The market's growth momentum will accelerate at a CAGR of 7.05%.

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Global Cross-cultural Training Market - Customer Landscape

To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity

Global Cross-cultural Training Market – Vendor Analysis

Vendor Landscape - The global cross-cultural training market is fragmented and competitive. A few prominent vendors that offer cross-cultural training in the market are Aperian Global Inc., Babel Language Consulting, Commisceo Global Consulting, Coursera Inc., Creative Culture Ltd., Cultural Savvy (Joyce Millet & Associates), Dwellworks LLC, ELM Learning, Global Business Culture, Global Integration Inc., and others.

Factors such as technology and infrastructure are intensifying the competition in the market. There is high product differentiation among major players, which offer products at competitive prices. This, in turn, affects their profit margins. Moreover, the threat of new entrants is moderate due to factors such as moderate capital requirements.

Vendor Offerings -

• Aperian Global Inc.: The company offers cross-cultural training, namely Cultural Competence.
• Babel Language Consulting: The company offers cross-cultural training with Models of Culture.
• Commisceo Global Consulting: The company offers cross-cultural training, namely Intercultural Working and Communication.
• Coursera Inc.: The company offers cross-cultural training, such as Business English for Cross-cultural Communication, Cross-Cultural Communication, and Management.
• For Details on vendors and their offerings – Buy report!

Global Cross-cultural Training Market - Segmentation Assessment

Geography Overview

Based on geography, the global cross-cultural training market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and an accurate estimation of the contribution of all regions to the growth of the global cross-cultural training market.

• North America held 31% of the global cross-cultural training market in 2022. The market in the region is estimated to grow at the fastest pace during the forecast period. This growth is driven by the presence of many MNCs and large organizations. Most technology giants, international banks, and insurance companies are headquartered in the US. These organizations have numerous employees from different educational and cultural backgrounds. As a result, the adoption of cross-cultural training programs is increasing.

Segment Overview

Based on deployment, the global cross-cultural training market is segmented into workshop and online.

• The market share growth of the workshop segment will be higher than the other segments during the forecast period. As companies are expanding their presence across various countries, the importance of cultural awareness has increased. Cross-cultural training was introduced in the market through the workshop model. The provision of workshop training enables corporates to monitor the performance of employees. Employees can gain real-time experience, with feedback for sessions and immediate customization. These factors are driving the growth of this segment.

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Global Cross-cultural Training Market – Market Dynamics

• Impactful Driver - The emergence of cost-effective e-learning training modules is driving the global cross-cultural training market growth. Organizations are increasingly adopting innovative and cost-effective ways to provide cross-cultural training to employees. They are introducing advanced solutions, technologies, systems, and courses at affordable prices. Hence, organizations with limited budgets prefer to pursue alternative e-learning solutions to train their employees.
• Key Trend - The gamification of content will fuel the global cross-cultural training market growth. Gamification has become an integral part of training in business scenarios. Businesses have embraced gamification to design incentivized programs with a rising emphasis on digital badges, rewards, and leaderboards to carry out training with a mobile component. Such factors will support market growth.
• Major Challenge - The high costs associated with expatriate training failure will challenge the global cross-cultural training market growth. The training of expatriate managers is expensive. The rate of failure of these employees can lead to monetary losses and talent depletion. It can also damage the reputation of companies. Moreover, negligence of crucial and unique elements related to specific learner groups can have a drastic impact on the execution of projects.

Driver, Trends, and Challenges are the factors of market dynamics that state about consequences and sustainability of businesses. Find a few insights from a free sample report!

What are the key data covered in this cross-cultural training market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the cross-cultural training market between 2023 and 2027
• Precise estimation of the size of the cross-cultural training market size and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the cross-cultural training market across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of cross-cultural training market vendors

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Table Of Contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Deployment
• Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global cross-cultural training market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global cross-cultural training market 2017 - 2021 ($ million)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ million)

• 4.3 Platform Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Platform Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Deployment

• 6.1 Market segments 
• Exhibit 30: Chart on Deployment - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Deployment - Market share 2022-2027 (%)

• 6.2 Comparison by Deployment 
• Exhibit 32: Chart on Comparison by Deployment
• Exhibit 33: Data Table on Comparison by Deployment

• 6.3 Workshop - Market size and forecast 2022-2027
• Exhibit 34: Chart on Workshop - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Workshop - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Workshop - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Workshop - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Deployment 
• Exhibit 42: Market opportunity by Deployment ($ million)

7 Market Segmentation by End-user

• 7.1 Market segments 
• Exhibit 43: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 44: Data Table on End-user - Market share 2022-2027 (%)

• 7.2 Comparison by End-user 
• Exhibit 45: Chart on Comparison by End-user
• Exhibit 46: Data Table on Comparison by End-user

• 7.3 Large enterprise - Market size and forecast 2022-2027
• Exhibit 47: Chart on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Large enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Large enterprise - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Large enterprise - Year-over-year growth 2022-2027 (%)

• 7.4 Small and medium enterprise - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Small and medium enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Small and medium enterprise - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Small and medium enterprise - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Small and medium enterprise - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by End-user 
• Exhibit 55: Market opportunity by End-user ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027
• Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 UK - Market size and forecast 2022-2027
• Exhibit 89: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 93: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 Canada - Market size and forecast 2022-2027
• Exhibit 97: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 Aperian Global Inc. 
• Exhibit 108: Aperian Global Inc. - Overview
• Exhibit 109: Aperian Global Inc. - Product / Service
• Exhibit 110: Aperian Global Inc. - Key offerings

• 12.4 Babel Language Consulting 
• Exhibit 111: Babel Language Consulting - Overview
• Exhibit 112: Babel Language Consulting - Product / Service
• Exhibit 113: Babel Language Consulting - Key offerings

• 12.5 Commisceo Global Consulting 
• Exhibit 114: Commisceo Global Consulting - Overview
• Exhibit 115: Commisceo Global Consulting - Product / Service
• Exhibit 116: Commisceo Global Consulting - Key offerings

• 12.6 Coursera Inc. 
• Exhibit 117: Coursera Inc. - Overview
• Exhibit 118: Coursera Inc. - Business segments
• Exhibit 119: Coursera Inc. - Key offerings
• Exhibit 120: Coursera Inc. - Segment focus

• 12.7 Creative Culture Ltd. 
• Exhibit 121: Creative Culture Ltd. - Overview
• Exhibit 122: Creative Culture Ltd. - Product / Service
• Exhibit 123: Creative Culture Ltd. - Key offerings

• 12.8 Cultural Savvy and Joyce Millet 
• Exhibit 124: Cultural Savvy and Joyce Millet - Overview
• Exhibit 125: Cultural Savvy and Joyce Millet - Product / Service
• Exhibit 126: Cultural Savvy and Joyce Millet - Key offerings

• 12.9 Dwellworks LLC 
• Exhibit 127: Dwellworks LLC - Overview
• Exhibit 128: Dwellworks LLC - Product / Service
• Exhibit 129: Dwellworks LLC - Key offerings

• 12.10 ELM Learning 
• Exhibit 130: ELM Learning - Overview
• Exhibit 131: ELM Learning - Product / Service
• Exhibit 132: ELM Learning - Key offerings

• 12.11 Global Business Culture 
• Exhibit 133: Global Business Culture - Overview
• Exhibit 134: Global Business Culture - Product / Service
• Exhibit 135: Global Business Culture - Key offerings

• 12.12 Global Integration Inc. 
• Exhibit 136: Global Integration Inc. - Overview
• Exhibit 137: Global Integration Inc. - Product / Service
• Exhibit 138: Global Integration Inc. - Key offerings

• 12.13 Global Training Partners 
• Exhibit 139: Global Training Partners - Overview
• Exhibit 140: Global Training Partners - Product / Service
• Exhibit 141: Global Training Partners - Key offerings

• 12.14 Learnlight Software S.L.U. 
• Exhibit 142: Learnlight Software S.L.U. - Overview
• Exhibit 143: Learnlight Software S.L.U. - Product / Service
• Exhibit 144: Learnlight Software S.L.U. - Key offerings

• 12.15 Pearson Plc 
• Exhibit 145: Pearson Plc - Overview
• Exhibit 146: Pearson Plc - Business segments
• Exhibit 147: Pearson Plc - Key news
• Exhibit 148: Pearson Plc - Key offerings
• Exhibit 149: Pearson Plc - Segment focus

• 12.16 PRISM International Inc. 
• Exhibit 150: PRISM International Inc. - Overview
• Exhibit 151: PRISM International Inc. - Product / Service
• Exhibit 152: PRISM International Inc. - Key offerings

• 12.17 Smart Culture 
• Exhibit 153: Smart Culture - Overview
• Exhibit 154: Smart Culture - Product / Service
• Exhibit 155: Smart Culture - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 156: Inclusions checklist
• Exhibit 157: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 158: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 159: Research methodology
• Exhibit 160: Validation techniques employed for market sizing
• Exhibit 161: Information sources

• 13.5 List of abbreviations 
• Exhibit 162: List of abbreviations

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