The UK market for IT training was worth £717m in 2001, having declined by 7.1% from the previous year. In 2002, the market is expected to contract again with sales falling to £650m. The decline in the market for IT contractors and IT professionals and the scaling back of IT investment by companies have severely impacted on the market, which fell sharply towards the end of 2001 and in the beginning of 2002.
The IT training market consists of two sectors: instructor-led training (ILT) and e-learning (EL) or technology-based training. EL was a major growth sector of the market between 1998 and 2002, as it has grown in maturity and sophistication. This report covers the industry.
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