The 30% Solution by Lewena Bayer

Author:Lewena Bayer
Language: eng
Format: mobi
Publisher: Motivational Press
Published: 2016-04-14T14:00:00+00:00

»Spend for training services has increased by about 5.2 percent from 2012, much better than what was originally anticipated (original expectations were that the market would grow at a modest 2.5 percent. Spend levels have now exceeded the industry’s high market in 2007 of about a $136B. Our best estimates find the ten year industry low mark to be in 2002 with spend at about $109B, and again dropping to $110B in 2009 (revised from earlier estimates).

»The global market for training expenditures in 2013 was about $306.9B, an increase from $291.7B in 2012. We believe N.A. represents about 46% of the global market ($141.7B) and Europe to be about 29%, or $89B of the global market. Asia comes in at $31B (10 percent), India $21.5B (seven percent), Australia $9.2B (3 percent), South America $6.3B (2 percent), Africa $3.6B (1 percent), and the rest of the world $4.6B (1.1 percent).

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