Leadership training, or leadership development, is defined as courses or training/educational programs whose purpose is to improve the performance of managers and personnel leaders within the organization.
The leadership training market has been one of the fastest-growing and evolving segments in the learning and development (L&D) industry over the past decade. There are numerous companies that sell leadership training products and services to supplement in-house L&D capabilities.
Topics and Audiences
- Teamwork and collaboration
- Diversity and inclusion
- Leading innovation
- Providing feedback
- Emotional intelligence
The Size of the Market
Global corporate training spending has been steadily increasing over the past several years, with a total spend of $366.2 billion in 2018. The leadership training market is one of the only L&D markets that has experienced growth independent of economic trends year after year. Training Industry research estimates that in 2018, organizations around the world spent about $3.4 billion with leadership development solutions and program vendors; we predict that spending will increase in 2019.
There are a variety of sources of information on the size of the training market. Training Industry’s is the only one that takes into account data from both the buy side and the supply side, from organizations with centralized and decentralized training functions, and from customer training and tuition reimbursement programs. As a result, we believe that our data is the most accurate in the industry.
For a more in-depth analysis of the leadership training market, click here to purchase the 2019 “State of the Leadership Training” report.