Digital Edge: Internet and Mobile Technologies Fueling Leadership Development Program Sales 2032 | FMI

In recent years, the global penetration of internet, smartphones, tablets, and laptops has experienced a remarkable surge, especially among individuals aged 18 to 40. According to the World Economic Forum’s study, the number of smartphone users worldwide reached approximately 3.6 billion in 2020.

Recognizing the immense potential presented by this trend, numerous market players are seizing the opportunity by introducing innovative Leadership Development Programs accessible through mobile technologies. As a result, the leadership development program market is poised to generate a substantial absolute dollar opportunity of US$ 4,604.8 million by the year 2032.

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The leadership development program market is expected to exceed US$ 2,805.2 Million by 2022, projecting growth at an impressive CAGR of 10.2% during the forecast period 2022-2032. Demand for leadership development programs is rapidly increasing across the educational institutions and corporate sectors, owing to the growing importance of these courses & programs in improving productivity, and building better teams, and nurturing future leaders.

Attributed to this, these upscaling & skills development programs are increasingly being used for training interns and junior employees across organizations and educating students across colleges & other educational institutions. This is estimated to assist the leadership development program market to total US$ 7,410 Million by the end of 2032, in comparison to the US$ 2,547.3 Million registered in 2021.

There is a rapid surge in the trend of e-learning across the globe, driven by the increasing penetration of mobile devices & internet and introduction of innovative technologies such as digital simulations, virtual reality, and others. Hence, increasing availability of online programs integrated with such advanced technologies is likely to favor the sales of leadership development in the global market.

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Due to the growing complexity in the corporate world and rising presence of MNCs, several corporate leaders are focusing on providing free leadership development programs for upscaling employee standards, building productive teams, and promoting better decision making. Driven by such developments, the global leadership development program market is expected to create an absolute dollar opportunity of US$ 4,604.8 Mn by 2032.

Key Takeaways:

  • The U.S. is expected to account for maximum revenue share in the North America market, owing to the presence of large number of colleges and universities.
  • The U.K. is anticipated to register growth at a robust CAGR, owing to the increasing adoption of leadership development programs by corporate companies.
  • India is estimated to account for a significant share in the South Asia market, driven by the growing introduction of participant-based leadership development programs in the country.
  • On the basis of mode of learning, in-person learning is forecast to emerge as a highly remunerative segment, exhibiting growth at 8% CAGR through 2032.
  • Among the program participant vertical, the student segment is projected to expand at a rapid pace, driven by increasing student inclination towards acquiring leadership skills.

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Competition Landscape 

Key providers of leadership development program in the global market are aiming at introducing novel programs as per the participant’s requirement. Also, some of the companies are entering into collaboration, merger, acquisition, and agreements to strengthen their footprint in the market. For instance,

  • In January 2022, Jaro Education, an EdTech company based in India, announced introducing a novel leadership development program for the mid to senior level employees, covering aspects strategic planning, leadership style, group dynamics team management, and others. This will assist the company to increase its market share in the India market.
  • In June 2021, the Center for Creative Leadership, a U.S-based provider of executive education announced launching online version of its flagship Leadership Development Program (LDP) for assisting mid-level leaders to address various challenges.

Want more insights?

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2022 to 2032.

Key Market Segments Covered in Leadership Development Program Market Research

By Learner Type :

  • Group/ Small Team Learners
  • Individual/ Private Learners

By Program Participants :

  • Business-Owners
  • Junior/ Entry-Level Employees
  • Managers
  • Mid-Level Employees
  • Senior Executives
  • Students

By Mode of Learning :

  • Online Learning
  • In-Person Learning

By Duration :

  • Less Than 1 Week
  • 1 Week To 1 Month
  • More Than 1 Month

By Region :

  • North America
  • Europe
  • Latin America
  • South Asia
  • East Asia
  • Oceania
  • Middle East And Africa

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About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

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