Technavio has announced the top five leading vendors in their recentglobal cross-cultural training market report until 2021. This research report also lists 11 other prominent vendors that are expected to impact the market during the forecast period.
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Technavio has published a new report on the global cross-cultural training market from 2017-2021. (Photo: Business Wire)
Modern technologies are flattening the structure of organizations and increasing workforce diversity. It is exerting constant pressure on organizations to update their training programs. New technologies also help in the improvement of teaching and learning methods while enhancing the quality of training and employee productivity. The workshop model is still a dominant mode of training. The increasing demand for cross-cultural training has further fueled the growth of the market.
Competitive vendor landscape
The global cross-cultural training market is a growing market with a high potential for investments in the future. The market is largely represented by companies such as Babel Language and Cross Cultural Training, Global Integration, GROVEWELL, Commisceo Global, and London School of International Communication.
Jhansi Mary, an industry expert at Technavio for research on K-12 and higher education, says, "One of the primary growth factors in the cross-cultural training market is the increase in diversity of the workforce. Multinational conglomerates are seeing an increase in the inflow of employees from various cultures. To effectively communicate with the diverse workforce, knowledge of cross-cultural communication has become important."
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About the top five cross-cultural training market vendors
Babel Language and Cross Cultural Training
Babel Language and Cross Cultural Training claims to have a strong track record in delivering customized training solutions. The training is practical with various formats of delivery from face-to-face workshop training to online language training and virtual coaching in the form of webinars. The company has various service offerings such as Foreign Language Training Courses and Cross-cultural awareness.
Global Integration
The company is one of the major cross-cultural vendors with vast product portfolios. Global Integration provides cross-cultural training and consulting services across the world. The company also provides other services such as train the trainer and licensing of materials. The delivery of the training is done mostly by the face-to-face workshop, blended learning, and online and virtual formats such as webinars.
GROVEWELL
GROVEWELL provides global leadership solutions to individuals, teams, and business units in the global marketplace. It provides a variety of services with Coaching for Global Advantage being its signature service. The company has a worldwide reach with its leadership coaches being present all over the world.
The company also offers Intercultural Consulting and Large Group Intercultural Training. The mode of delivery is instructor-led, face to face workshop. The company emphasizes in cultural-savvy mentoring.
Commisceo Global
Commisceo Global offers intercultural training services and consultancy services such as need analysis, training adaption, and mystery shopping. The company provides both instructor-led workshops and online training.
London School of International Communication
London School of International Communication is based out of London and is one of the leading vendors. It emphasizes on building strong relationships with their clients, trainers, partners, and other suppliers. The company provides customized training that is tailored to the need of the individual employees and organization. The company, through its training, focuses on practicing skills and addressing real workplace challenges.
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