The Global Learning and Development industry is worth 367 billion USD, with India's contribution to this figure being just under 1 billion USD annually. This figure is set to rise exponentially, with current projections suggesting that the Indian Skills sector could be worth over 20 billion USD yearly by 2030, and this is due to the current workforce gap in India, with only 6% of the jobs being skill-based, yet 12 million people entering the labour force annually. The Indian Learning & Development industry is expected to become a 100 billion USD market by 2030.
According to global talent management firm DDI, India's Learning & Development (L&D) market is expected to triple in the next two years due to the growing demand for experienced professionals. The industry's current size is estimated to be around $3.5 billion, which is projected to increase substantially in the coming years.