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According to the latest research, the global Continuing Professional Development market size was valued at USD 22211.1 million in 2022 and is expected to expand at a CAGR of 7.1% during the forecast period, reaching USD 33527.0 million by 2028.
Continuing Professional Development refers to the process of tracking and documenting the skills, knowledge, and experience an individual acquires formally and informally on the job. Continuing Professional Development is the intentional maintenance and development of the knowledge and skills required to perform in a professional environment. This could mean honing existing skills, it could mean developing them to the next level, or it could mean learning new skills. Continuing Professional Development combines different learning methods, including training courses, seminars, workshops, conferences and events, webinars and online e-learning programs, and more.
Offline training is blocked
Affected by the epidemic, many countries have imposed controls on domestic traffic and the movement of people, and people's daily travel has been affected. Lockdowns and social distancing measures due to the COVID-19 pandemic have resulted in the closure of schools, training institutions and higher education facilities in most countries. There has been a shift in the way educators deliver quality education through various online platforms. In-person training courses in the Continuing Professional Development industry have been impacted by COVID-19, and institutions responding to these challenges have turned to providing relevant training online.
SME
The epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry and thus affect the operating conditions. As a result, the share of small and medium-sized enterprises in the market will shrink and the share of head enterprises will increase.
Increase in registrations on online platforms
The COVID-19 pandemic has disrupted the offline activities of Continuing Professional Development around the world, and institutions addressing these challenges have had to move quickly to online learning. Continue online learning and digital education for learners. In the area of continuing professional development (CPD), where educational restrictions and pandemic-related travel embargoes intersect, the impact is more pronounced in COVID-19. Offline activities in the Continuing Professional Development industry were hindered, and registrations on online platforms increased. For example, since the spring of 2020, local, national and international CPD meetings have either been cancelled or have rapidly moved to distance learning formats using digital platforms such as Zoom.
Region Overview:
In 2022, the share of the Continuing Professional Development market in North America stood at 32.75%.
Company Overview:
BPP Professional Education is one of the major players operating in the Continuing Professional Development market, holding a share of 0.26% in 2023.
BPP Professional Education
BPP Professional Education is a professional education and training company. BPP offers training in many areas including accounting, actuarial, human resources, investment management, law and taxation.
MDBriefcase
MDBriefcase provides free continuing medical education and professional development. Earn CME/CPD credits for healthcare practitioners and medical students.
Segmentation Overview:
Among different product types, Formal segment is anticipated to contribute the largest market share in 2028.
Formal
Formal CPD is structured learning. Formal CPD usually follows a set curriculum and is usually approved by an independent accreditation service such as the CPD Center of Excellence. Learners engage in interactive, participation-based learning, often delivered by third-party training companies. Structured CPD includes online or offline training sessions, conferences or seminars, group activities, etc.
Informal
Informal CPD is self-directed learning involving any developmental activity directed only by the learner. Informal CPD includes reading offline publications written by industry experts online, reading articles or case studies, etc.
Application Overview:
The market's largest segment by application is the segment Employees, with a market share of 92.64% in 2022.
Job Seekers
Through Continuing Professional Development, job seekers can improve their skills in future occupations or enhance their studies for specific targeted job opportunities.
Employees
Employees go through Continuing Professional Development in order to do better at work and to contribute to the development of the organizations they serve.
This report elaborates on the market size, market characteristics, and market growth of the Continuing Professional Development industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Continuing Professional Development. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Continuing Professional Development Market Report Include:
Market Size Estimates: Continuing Professional Development market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Continuing Professional Development market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Continuing Professional Development market
Segment Market Analysis: Continuing Professional Development market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Continuing Professional Development market situations and prospects in major and top regions and countries
Continuing Professional Development Market
Continuing Professional Development Industry Chain: Continuing Professional Development market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Continuing Professional Development Industry News, Policies by regions
Continuing Professional Development Industry Porters Five Forces Analysis
Key players in the global Continuing Professional Development market are covered in Chapter 2:
FutureLearn
Medcom Personnel
Emile Woolf International
Learnsignal
Legal Beagle Limited
LearnPac Systems
NelsonCroom
BPP Professional Education
IASeminars
Straighterline
The CPD Certification Service
GIBLIB
Mocingbird
CPD Guild
MDBriefcase
AKH Inc
Me learning
In Chapter 6 and Chapter 9, on the basis of types, the Continuing Professional Development market from 2018 to 2028 is primarily split into:
Formal
Informal
In Chapter 7 and Chapter 10, on the basis of applications, the Continuing Professional Development market from 2018 to 2028 covers:
Job Seekers
Employees
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Continuing Professional Development market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Continuing Professional Development industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Continuing Professional Development market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Continuing Professional Development industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Continuing Professional Development market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Continuing Professional Development market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Continuing Professional Development market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
2022
Continuing Professional Development refers to the process of tracking and documenting the skills, knowledge, and experience an individual acquires formally and informally on the job. Continuing Professional Development is the intentional maintenance and development of the knowledge and skills required to perform in a professional environment. This could mean honing existing skills, it could mean developing them to the next level, or it could mean learning new skills. Continuing Professional Development combines different learning methods, including training courses, seminars, workshops, conferences and events, webinars and online e-learning programs, and more.
Offline training is blocked
Affected by the epidemic, many countries have imposed controls on domestic traffic and the movement of people, and people's daily travel has been affected. Lockdowns and social distancing measures due to the COVID-19 pandemic have resulted in the closure of schools, training institutions and higher education facilities in most countries. There has been a shift in the way educators deliver quality education through various online platforms. In-person training courses in the Continuing Professional Development industry have been impacted by COVID-19, and institutions responding to these challenges have turned to providing relevant training online.
SME
The epidemic will have an impact on the cash flow of small and medium-sized enterprises in the industry and thus affect the operating conditions. As a result, the share of small and medium-sized enterprises in the market will shrink and the share of head enterprises will increase.
Increase in registrations on online platforms
The COVID-19 pandemic has disrupted the offline activities of Continuing Professional Development around the world, and institutions addressing these challenges have had to move quickly to online learning. Continue online learning and digital education for learners. In the area of continuing professional development (CPD), where educational restrictions and pandemic-related travel embargoes intersect, the impact is more pronounced in COVID-19. Offline activities in the Continuing Professional Development industry were hindered, and registrations on online platforms increased. For example, since the spring of 2020, local, national and international CPD meetings have either been cancelled or have rapidly moved to distance learning formats using digital platforms such as Zoom.
Region Overview:
In 2022, the share of the Continuing Professional Development market in North America stood at 32.75%.
Company Overview:
BPP Professional Education is one of the major players operating in the Continuing Professional Development market, holding a share of 0.26% in 2023.
BPP Professional Education
BPP Professional Education is a professional education and training company. BPP offers training in many areas including accounting, actuarial, human resources, investment management, law and taxation.
MDBriefcase
MDBriefcase provides free continuing medical education and professional development. Earn CME/CPD credits for healthcare practitioners and medical students.
Segmentation Overview:
Among different product types, Formal segment is anticipated to contribute the largest market share in 2028.
Formal
Formal CPD is structured learning. Formal CPD usually follows a set curriculum and is usually approved by an independent accreditation service such as the CPD Center of Excellence. Learners engage in interactive, participation-based learning, often delivered by third-party training companies. Structured CPD includes online or offline training sessions, conferences or seminars, group activities, etc.
Informal
Informal CPD is self-directed learning involving any developmental activity directed only by the learner. Informal CPD includes reading offline publications written by industry experts online, reading articles or case studies, etc.
Application Overview:
The market's largest segment by application is the segment Employees, with a market share of 92.64% in 2022.
Job Seekers
Through Continuing Professional Development, job seekers can improve their skills in future occupations or enhance their studies for specific targeted job opportunities.
Employees
Employees go through Continuing Professional Development in order to do better at work and to contribute to the development of the organizations they serve.
This report elaborates on the market size, market characteristics, and market growth of the Continuing Professional Development industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Continuing Professional Development. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Continuing Professional Development Market Report Include:
Market Size Estimates: Continuing Professional Development market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Continuing Professional Development market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Continuing Professional Development market
Segment Market Analysis: Continuing Professional Development market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Continuing Professional Development market situations and prospects in major and top regions and countries
Continuing Professional Development Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Continuing Professional Development Industry Chain: Continuing Professional Development market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Continuing Professional Development Industry News, Policies by regions
Continuing Professional Development Industry Porters Five Forces Analysis
Key players in the global Continuing Professional Development market are covered in Chapter 2:
FutureLearn
Medcom Personnel
Emile Woolf International
Learnsignal
Legal Beagle Limited
LearnPac Systems
NelsonCroom
BPP Professional Education
IASeminars
Straighterline
The CPD Certification Service
GIBLIB
Mocingbird
CPD Guild
MDBriefcase
AKH Inc
Me learning
In Chapter 6 and Chapter 9, on the basis of types, the Continuing Professional Development market from 2018 to 2028 is primarily split into:
Formal
Informal
In Chapter 7 and Chapter 10, on the basis of applications, the Continuing Professional Development market from 2018 to 2028 covers:
Job Seekers
Employees
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Continuing Professional Development market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Continuing Professional Development industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Continuing Professional Development market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Continuing Professional Development industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Continuing Professional Development market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Continuing Professional Development market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Continuing Professional Development market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
