Global Market for Diversity and Inclusion (D&I) to Reach $24.3 Billion by 2030

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In the changed post COVID-19 business landscape, global market for Diversity and Inclusion (D&I) estimated at US$9.4 Billion in the year 2022, is projected to reach a revised size of US$24.3 Billion by 2030, growing at a CAGR of 12.6% over the analysis period 2022-2030.

New York, July 03, 2023 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Diversity and Inclusion (D&I) Industry" - https://www.reportlinker.com/p06219616/?utm_source=GNW
Employee Resource Groups (ERGS), the largest segment in the global market, is projected to record a 12.1% CAGR and reach US$7.0 Billion by the end of the analysis period. ERGs have come back into popularity in recent years as diversity and equity become more and more important in the workplace. Typical ERGs include networks for women, people of color, LGBTQI+, veterans, those with disabilities and young professionals. Groups based on shared goals often focus on volunteering, mentorship or sustainability. Some of the common benefits that ERGs provide include increasing cultural awareness among staff; increase employee engagement and overall job satisfaction; help employers discover employees with great leadership potential; foster better relationships between new and existing employees; provide professional development opportunities; talent attraction and recruitment; cultivate mentoring; provide cross-functional teamwork; and boost innovation. ERGs also educate employees and lead to higher retention rates.

Revenues in the Recruitment segment worldwide is expected to grow at a CAGR of 10.5% over the analysis period. The market in 2022 was estimated at US$1.3 billion and is projected to reach US$3.0 billion by 2030. Recruitment is one of the major steps to address talent shortage as well as the primary point for building diversity and inclusion in the organization. However, recruitment is also one of the major bottlenecks for building a diverse organization as the recruitment is challenged by biases of the recruiter. Many types of biases can affect the recruitment process and defeat organizational goals of building diversity. Group sentiment is affects recruitment process when one of the panel members is inclined or disinclined towards a candidate owing to peer pressure or other factors. When group thinking is affected by bias, then the recruitment process becomes subjective, leading to lower diversity in the organization.

Training & Development services segment worldwide is projected to reach US$5.8 billion by 2030.

On a regional level, the U.S. market for D&I is estimated at $4.3 Billion in 2022 and is forecast to grow at a 13.7% CAGR over the analysis period. The market in Europe is projected to reach US$7.3 billion by the year 2030. Asia-Pacific represents a noteworthy high growth market with the potential to grow at a CAGR of 11.3% over the analysis period.

Select Competitors (Total 152 Featured)
- Cisco Systems, Inc.
- Cornerstone OnDemand, Inc.
- BizLibrary
- Deloitte
- Designing Digitally, Inc.
- Bain & Company, Inc.
- BIS Safety Software
- DeGarmo
- Atrixware
- CABEM Technologies
- Criteria
- Diversio
- Global Diversity Practice
- Axcet HR Solutions
- BCT Partners


Read the full report: https://www.reportlinker.com/p06219616/?utm_source=GNW

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Diversity & Inclusion, A Prelude
Diversity & Inclusion in the Workplace: A Fact Check
Humanity?s Struggle With Diversity. Why is it so Hard to
Achieve Equality?
Percentage Share Breakdown of World Population by Race
It Makes Sense to Look for Cultural Survival & Importance in
the Continued Use of Traditional Languages & Dialects: Global
Number of People Speaking Native Languages as of the Year
2023 (In Million)
The World is Truly a Global Village: Breakdown of Ethnic Groups
As a % of Total Population of Select Countries
Prevailing Corporate Sentiments on Diversity & Inclusion (In %)
Labor Globalization is the New Reality
Globalization Triggers Migration of Skilled Labor to Developed
Countries
Attracting & Retaining Globally Mobile Skilled Migrants is the
New Norm: Immigrant Workers as % of Total Labor Force in
Developed Countries for the Years 1980, 1990, 2000, 2010,
2020, and 2023
The Current State of Diversity in the U.S., A Land of Cultural
Diversity
What Does this Mean for Companies? It Means the Dawn of a New
Era of D&I is Upon the Corporate World
D&I Percentage Score (%) of Major Companies: 2023
Reimagining Workforce Planning to Achieve Competitive Advantage
in the Post-COVID-19 Era
Corporate Roles & Opportunities for Diversity & Inclusion is
Increasing by the Day: % Increase in Diversity & Leadership
Roles & Titles on LinkedIn 2015 Vs 2023
It?s Only the Marginalized Who Appreciate the Value of Business
Diversity: % of White People & People of Color Who Believe
Business Diversity Is Not Crucial for Professional Success
How Diversity, Equity, AND Inclusion Has Been Evolving in
Recent Years
Here?s Evidence that Workplace Diversity Attracts Top Talent: %
of Job Seekers Who Consider Diverse Workforce Before Accepting
Job Offers
Want to Increase Profitability Then Its Time to See How Diverse
Your Workforce Is: Revenue Performance of Companies With High &
Low Diversity Scores
Economic Benefits of Diverse Workforce & Inclusive Work
Environment Are Well Acknowledged Facts
Including ALL in the Fold, Here?s What Companies Do Not Know
A Recap of Challenges Plaguing Successful Implementation of D&I
Programs
Symptoms of a Workplace Lacking D&I
Microaggression, the Often Overlooked Yet Critical Symptom of a
Non-Inclusive Work Environment
What Can Companies to Do to Achieve their D&I Goals?
Implement D&I Best Practices in the Workplace
Acknowledging the Fact that Inclusive Leadership Vital to Success
Role of Manager Training & Bias Awareness in Achieving D&I Goals
Identifying & Addressing D&I Challenges
World Brands
Competitive Market Presence - Strong/Active/Niche/Trivial for
Players Worldwide in 2023 (E)
Recent Market Activity

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS
Current State of Diversity & Inclusion (D&I) Worldwide: A Review
Top Diversity, Equity, and Inclusion Trends for 2023 and Beyond
How Diversity and Inclusion Technology Can Bring
Organizational-Level Changes
Diversity Hiring Picks Up as Millennial and Gen Z Job Seekers
Prefer Companies with Workplace Diversity
Global Workforce Composition: % Breakdown of Male Vs Female
Employees as of the Year 2023
Gender Disparity of People in Leadership Role Continues to
Remain: Gender of People in Managerial & CEO Roles in Fortune
500 Companies as of the Year 2023
US Workforce Composition by Generation for Years 2023 & 2026
Racial Discrimination Still Remains Rife in Workplaces
Despite the Fact Diversity is Beneficial for a Company, the
Reality is that Corporate Leaders Remain White & Male:
Representation of Workforce in the U.S. by Role, Gender &
Race as of the Year 2023
US Workforce Composition by Race and Ethnicity: 2023
What is Racial Discrimination?
Racism Remains the Bitter Reality Despite Laws
Slow Progress: Racism Continues to Survive & Thrive
Sexism & Racism: A Tough Combination for Women of Color
Ways to Effectively Deal with Racial Discrimination at Workplaces
Female Empowerment Improves as Evidenced by Increasing Share in
Leadership Roles
Women Representation in Leadership Roles by Industry: 2022
Percentage Share of Women Hired into Leadership by Year: 2016-2022
Top Reasons Why Women Continue to be Under Represented in
Companies & Politics Worldwide
Creating a More LGBTQ Inclusive Workplace?
Composition of LGBTQ Workforce (In %) by Age Group as of the
Year 2023
% of LGBTQ Workforce Who Experience Discrimination in the
Workplace
Important Role of Employee Resource Groups (ERGs) in Achieving
Diversity in the Workplace
Technology Comes to the Aid of D&I Implementation
Technological Interventions Expedite D&I Initiatives
Advanced Technology Covers Diverse Aspects of D&I Initiatives
AI to Gain Strong Adoption to Facilitate DEI
Using AI to Eliminate Biases
Innovator Diversity Key for Sustainable Innovation - But Is the
System There Yet?
Variegated Teams for Fostering Innovation in Organizations
Special Focus on DEI in the US TV & Film Industry
Hollywood is Far from Adequately Representing Minority Groups
Damaging Impact of ?Gone With The Wind? On Hollywood Racism
Black Representation In The U.S Film Industry: A Special Focus
Overcoming Challenges. Here?s How It Can Be Done
Gender Disparity in Hollywood
What Better Indication of Rampant Sexual Objectification of
Women Than This! Salaries of Hollywood Stars by Age and Gender
(In US$ 000s)
Diverse Films Generate More Revenues! It?s a Fact
What are the Solutions to Encourage & Build Diversity, Equity &
Inclusion in the Movie Industry?

4. GLOBAL MARKET PERSPECTIVE
Table 1: World Diversity and Inclusion (D&I) Market Analysis of
Annual Sales in US$ Million for Years 2022 through 2030

Table 2: World Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Geographic Region - USA,
Canada, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Spending in US$ Million for
Years 2022 through 2030 and % CAGR

Table 3: World 8-Year Perspective for Diversity and Inclusion
(D&I) by Geographic Region - Percentage Breakdown of Value
Spending for USA, Canada, Europe, Asia-Pacific and Rest of
World Markets for Years 2023 & 2030

Table 4: World Recent Past, Current & Future Analysis for
Employee Resource Groups (ERGs) by Geographic Region - USA,
Canada, Europe, Asia-Pacific and Rest of World Markets -
Independent Analysis of Annual Spending in US$ Million for
Years 2022 through 2030 and % CAGR

Table 5: World 8-Year Perspective for Employee Resource Groups
(ERGs) by Geographic Region - Percentage Breakdown of Value
Spending for USA, Canada, Europe, Asia-Pacific and Rest of
World for Years 2023 & 2030

Table 6: World Recent Past, Current & Future Analysis for
External Partnerships by Geographic Region - USA, Canada,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Spending in US$ Million for Years 2022
through 2030 and % CAGR

Table 7: World 8-Year Perspective for External Partnerships by
Geographic Region - Percentage Breakdown of Value Spending for
USA, Canada, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030

Table 8: World Recent Past, Current & Future Analysis for
Training & Development by Geographic Region - USA, Canada,
Europe, Asia-Pacific and Rest of World Markets - Independent
Analysis of Annual Spending in US$ Million for Years 2022
through 2030 and % CAGR

Table 9: World 8-Year Perspective for Training & Development by
Geographic Region - Percentage Breakdown of Value Spending for
USA, Canada, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030

Table 10: World Recent Past, Current & Future Analysis for
Recruitment by Geographic Region - USA, Canada, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Spending in US$ Million for Years 2022 through 2030
and % CAGR

Table 11: World 8-Year Perspective for Recruitment by
Geographic Region - Percentage Breakdown of Value Spending for
USA, Canada, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030

Table 12: World Recent Past, Current & Future Analysis for
Other Segments by Geographic Region - USA, Canada, Europe,
Asia-Pacific and Rest of World Markets - Independent Analysis
of Annual Spending in US$ Million for Years 2022 through 2030
and % CAGR

Table 13: World 8-Year Perspective for Other Segments by
Geographic Region - Percentage Breakdown of Value Spending for
USA, Canada, Europe, Asia-Pacific and Rest of World for Years
2023 & 2030

III. MARKET ANALYSIS

UNITED STATES
Diversity and Inclusion (D&I) Market Presence - Strong/Active/
Niche/Trivial - Key Competitors in the United States for 2023
(E)
Table 14: USA Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 15: USA 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

CANADA
Table 16: Canada Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 17: Canada 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

EUROPE
Diversity and Inclusion (D&I) Market Presence - Strong/Active/
Niche/Trivial - Key Competitors in Europe for 2023 (E)
Table 18: Europe Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Geographic Region - France,
Germany, Italy, UK and Rest of Europe Markets - Independent
Analysis of Annual Spending in US$ Million for Years 2022
through 2030 and % CAGR

Table 19: Europe 8-Year Perspective for Diversity and Inclusion
(D&I) by Geographic Region - Percentage Breakdown of Value
Spending for France, Germany, Italy, UK and Rest of Europe
Markets for Years 2023 & 2030

Table 20: Europe Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 21: Europe 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

FRANCE
Table 22: France Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 23: France 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

GERMANY
Table 24: Germany Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 25: Germany 8-Year Perspective for Diversity and
Inclusion (D&I) by Segment - Percentage Breakdown of Value
Spending for Employee Resource Groups (ERGs), External
Partnerships, Training & Development, Recruitment and Other
Segments for the Years 2023 & 2030

ITALY
Table 26: Italy Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 27: Italy 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

UNITED KINGDOM
Table 28: UK Recent Past, Current & Future Analysis for
Diversity and Inclusion (D&I) by Segment - Employee Resource
Groups (ERGs), External Partnerships, Training & Development,
Recruitment and Other Segments - Independent Analysis of Annual
Spending in US$ Million for the Years 2022 through 2030 and %
CAGR

Table 29: UK 8-Year Perspective for Diversity and Inclusion
(D&I) by Segment - Percentage Breakdown of Value Spending for
Employee Resource Groups (ERGs), External Partnerships,
Training & Development, Recruitment and Other Segments for the
Years 2023 & 2030

REST OF EUROPE
Table 30: Rest of Europe Recent Past, Current & Future Analysis
for Diversity and Inclusion (D&I) by Segment - Employee
Resource Groups (ERGs), External Partnerships, Training &
Development, Recruitment and Other Segments - Independent
Analysis of Annual Spending in US$ Million for the Years 2022
through 2030 and % CAGR

Table 31: Rest of Europe 8-Year Perspective for Diversity and
Inclusion (D&I) by Segment - Percentage Breakdown of Value
Spending for Employee Resource Groups (ERGs), External
Partnerships, Training & Development, Recruitment and Other
Segments for the Years 2023 & 2030

ASIA-PACIFIC
Diversity and Inclusion (D&I) Market Presence - Strong/Active/
Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
Table 32: Asia-Pacific Recent Past, Current & Future Analysis
for Diversity and Inclusion (D&I) by Segment - Employee
Resource Groups (ERGs), External Partnerships, Training &
Development, Recruitment and Other Segments - Independent
Analysis of Annual Spending in US$ Million for the Years 2022
through 2030 and % CAGR

Table 33: Asia-Pacific 8-Year Perspective for Diversity and
Inclusion (D&I) by Segment - Percentage Breakdown of Value
Spending for Employee Resource Groups (ERGs), External
Partnerships, Training & Development, Recruitment and Other
Segments for the Years 2023 & 2030

REST OF WORLD
Table 34: Rest of World Recent Past, Current & Future Analysis
for Diversity and Inclusion (D&I) by Segment - Employee
Resource Groups (ERGs), External Partnerships, Training &
Development, Recruitment and Other Segments - Independent
Analysis of Annual Spending in US$ Million for the Years 2022
through 2030 and % CAGR

Table 35: Rest of World 8-Year Perspective for Diversity and
Inclusion (D&I) by Segment - Percentage Breakdown of Value
Spending for Employee Resource Groups (ERGs), External
Partnerships, Training & Development, Recruitment and Other
Segments for the Years 2023 & 2030

IV. COMPETITION
Read the full report: https://www.reportlinker.com/p06219616/?utm_source=GNW

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