The global vocational training market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for vocational training in developing countries and the need for skilled workforce in developed countries. The technical vocational training segment accounted for the largest share of this market in 2018, followed by no-technical vocational training and vocational trainings. The students segment accounted for the largest share of this market in 2018, followed by office workers and others (e.g., unemployed). North America was estimated to account for the largest share of this market in 2018, followed by Europe and Asia Pacific respectively.
Some Of The Growth Factors Of This Market:
- The need for skilled workers in the labor market is increasing.
- The number of people who are unemployed is decreasing, which means that there are more people looking for jobs and employers have to compete with each other to find skilled workers.
- There is a shortage of skilled workers in many industries, such as healthcare and construction, which means that employers have to offer higher wages and better benefits to attract qualified candidates.
- Employers are willing to invest more money into training their employees because they know it will lead to higher productivity.
- There has been an increase in the number of apprenticeships offered by companies.
Industry Growth Insights published a new data on “Vocational Training Market”. The research report is titled “Vocational Training Market research by Types (Technical, Non-Technical, Vocational Trainin), By Applications (Students, Office Workers), By Players/Companies Adobe Systems, Articulate Global, Assima, Bit Media, Blackboard, Career Education, Cegos, Cisco Systems, City & Guilds Kineo, Desire2Learn, Fischer, Knoblauch, HealthStream, HPE, IMC, Inspired ELearning, IBM, IntraLearn Software, KnowledgePool, Lumesse, Microsoft, Vocational Trainin”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vocational Training Market Research Report
By Type
Technical, Non-Technical, Vocational Trainin
By Application
Students, Office Workers
By Companies
Adobe Systems, Articulate Global, Assima, Bit Media, Blackboard, Career Education, Cegos, Cisco Systems, City & Guilds Kineo, Desire2Learn, Fischer, Knoblauch, HealthStream, HPE, IMC, Inspired ELearning, IBM, IntraLearn Software, KnowledgePool, Lumesse, Microsoft, Vocational Trainin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Vocational Training Market Report Segments:
The global Vocational Training market is segmented on the basis of:
Types
Technical, Non-Technical, Vocational Trainin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Students, Office Workers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Adobe Systems
- Articulate Global
- Assima
- Bit Media
- Blackboard
- Career Education
- Cegos
- Cisco Systems
- City & Guilds Kineo
- Desire2Learn
- Fischer, Knoblauch
- HealthStream
- HPE
- IMC
- Inspired ELearning
- IBM
- IntraLearn Software
- KnowledgePool
- Lumesse
- Microsoft
- Vocational Trainin
Highlights of The Vocational Training Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Technical
- Non-Technical
- Vocational Trainin
- By Application:
- Students
- Office Workers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vocational Training Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Vocational training is a type of education and training that helps people find jobs in their chosen field. Vocational training can be either formal or informal, and it can take many different forms, including on-the-job learning, apprenticeship programs, distance learning programs, and vocational schools.
Some of the major companies in the vocational training market are Adobe Systems, Articulate Global, Assima, Bit Media, Blackboard, Career Education, Cegos, Cisco Systems, City & Guilds Kineo, Desire2Learn, Fischer, Knoblauch, HealthStream, HPE, IMC, Inspired ELearning, IBM, IntraLearn Software, KnowledgePool, Lumesse, Microsoft, Vocational Trainin.
The vocational training market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vocational Training Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vocational Training Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vocational Training Market - Supply Chain
4.5. Global Vocational Training Market Forecast
4.5.1. Vocational Training Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vocational Training Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vocational Training Market Absolute $ Opportunity
5. Global Vocational Training Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vocational Training Market Size and Volume Forecast by Type
5.3.1. Technical
5.3.2. Non-Technical
5.3.3. Vocational Trainin
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vocational Training Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vocational Training Market Size and Volume Forecast by Application
6.3.1. Students
6.3.2. Office Workers
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vocational Training Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vocational Training Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vocational Training Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vocational Training Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vocational Training Demand Share Forecast, 2019-2026
9. North America Vocational Training Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vocational Training Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vocational Training Market Size and Volume Forecast by Application
9.4.1. Students
9.4.2. Office Workers
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vocational Training Market Size and Volume Forecast by Type
9.7.1. Technical
9.7.2. Non-Technical
9.7.3. Vocational Trainin
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vocational Training Demand Share Forecast, 2019-2026
10. Latin America Vocational Training Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vocational Training Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vocational Training Market Size and Volume Forecast by Application
10.4.1. Students
10.4.2. Office Workers
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vocational Training Market Size and Volume Forecast by Type
10.7.1. Technical
10.7.2. Non-Technical
10.7.3. Vocational Trainin
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vocational Training Demand Share Forecast, 2019-2026
11. Europe Vocational Training Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vocational Training Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vocational Training Market Size and Volume Forecast by Application
11.4.1. Students
11.4.2. Office Workers
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vocational Training Market Size and Volume Forecast by Type
11.7.1. Technical
11.7.2. Non-Technical
11.7.3. Vocational Trainin
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attrativeness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vocational Training Demand Share, 2019-2026
12. Asia Pacific Vocational Training Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vocational Training Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vocational Training Market Size and Volume Forecast by Application
12.4.1. Students
12.4.2. Office Workers
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vocational Training Market Size and Volume Forecast by Type
12.7.1. Technical
12.7.2. Non-Technical
12.7.3. Vocational Trainin
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vocational Training Demand Share, 2019-2026
13. Middle East & Africa Vocational Training Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vocational Training Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vocational Training Market Size and Volume Forecast by Application
13.4.1. Students
13.4.2. Office Workers
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vocational Training Market Size and Volume Forecast by Type
13.7.1. Technical
13.7.2. Non-Technical
13.7.3. Vocational Trainin
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vocational Training Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vocational Training Market: Market Share Analysis
14.2. Vocational Training Distributors and Customers
14.3. Vocational Training Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Adobe Systems
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Articulate Global
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Assima
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bit Media
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Blackboard
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Career Education
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Cegos
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Cisco Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. City & Guilds Kineo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Desire2Learn
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Fischer, Knoblauch
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HealthStream
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HPE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. IMC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Inspired ELearning
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. IBM
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. IntraLearn Software
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. KnowledgePool
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Lumesse
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Microsoft
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook