Between 2006 and 2010, the UK Training Market is Forecast to Experience Fairly Modest Growth in Terms of Expenditure on Training.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c29372) has announced the addition of Training Market Report 2005 to their offering.

This market report examines the UK training market, which is growing very slowly in both value and volume terms. It is clear that the sluggish growth in the market has disappointed many training providers in 2005; for example, on reading this assessment that the market is not a robust one, the Managing Director of a leading training company commented wryly: `you can say that again'. Interestingly, nobody who was spoken to throughout the compilation of this report talked of how they could grow the market, but rather how they could survive in it.

It is estimated that, by the end of 2005, the value of the total UK training market will have reached GBP 17.62bn, a rise of 0.5% on 2004. However, this value is still below the level it was in 2001 and 2002. In 2004/2005, it is estimated that public-sector spending initiatives to support training amounted to GBP 11.8bn.

Two of the most noticeable trends in the market are the more tailored approach to training and price cutting. E-learning and blended learning -- which uses e-learning as one of its components -- are growing, but how to manage these remain the critical factors. Another stark fact is that there is not enough time or money for organisations to do all the training that they might like. When reviewing past surveys on organisations' intentions for training as part of this research, it was clear that many organisations have not lived up to their stated aims: either time or money ran out.

There is a lot of debate in the training/human resources management (HRM) field surrounding what the direction of training should be. E-learning is clearly a continuing issue, as is evaluation: How do you evaluate training? What is leadership all about and therefore what should the training of leaders entail? What kind of strategy for training should companies adopt and how should it be embedded in organisations and managed? These are all issues of the moment and they are unlikely to receive an easy answer. However, one clear message is evident -- training has to be properly managed and considered. When training fails, it is usually due to lack of good management.

This report includes some of the results from the Chartered Institute of Personnel and Development's (CIPD's) Training and Development 2005 annual survey report, which analyses organisations' attitudes and practices regarding training. In addition, the report includes some broader comments from the CIPD's Learning, Training and Development Adviser, Martyn Sloman. Sloman regularly travels around the UK and to the US, so his comments are valuable.

It is forecast that, between 2006 and 2010, the UK training market will experience fairly modest growth in terms of expenditure on training. Expenditure is expected to grow by just 0.6% in 2006, thereafter rising by 1% per annum to reach GBP 18.44bn by 2010.

Companies mentioned:

--Azlan Group Ltd

--Barleythorpe Training and Conference Centre

--BPP Holdings PLC

--Brathay Development Training

--BSI Business Solutions Ltd

--Bureau Veritas Quality International Ltd

--The Capita Group PLC

--The Chartered Institute of Environmental Health 

--The Chartered Institute of Marketing

--The Chartered Institute of Personnel and Development 

--Det Norske Veritas Ltd

--Develop UK Ltd

--Dynamic Adventures Ltd

--Euromoney Training

--Fielden-Cegos Ltd

--Franklin Covey Europe Ltd

--FT Knowledge Ltd

--GBS Corporate Training PLC

--Hemsley Fraser Group Ltd

--Huthwaite Research Group Ltd

--IBM Education Services

--Impact Development Training Ltd

--InterQuad Learning Ltd

--Invicta Training Ltd

--John Matchett Ltd

--The Leadership Trust (Training) Ltd

--Learning to Inspire Ltd

--Learning Tree International Ltd

--Lloyd's Register Quality Assurance Ltd

--Marcus Bohn Associates Ltd

--Midland Group Training Services Ltd

--NCC Education Ltd

--Oracle University

--The Oxford Publicity Partnership

--Parity Training Ltd

--Pera Neville Clarke

--Pitman Training Group PLC

--QA PLC

--Reed Training

--RRC Business Training

--RSM Marketing Improvements Ltd

--SAP UK Education

--SkillSoft PLC

--Smallpeice Enterprises Ltd

--Spearhead Training Group Ltd

--Spring IT Training

--Structured Training Ltd

--TACK International Ltd

--Thomson NETg Ltd

--Wolters Kluwer (UK) Ltd

--Xansa PLC

For more information visit http://www.researchandmarkets.com/reports/c29372