The Global Vocational Training Market, valued at $61,831.32 billion in 2019, is expected to expand at a compound annual growth rate (CAGR) of 6.59% from 2020 to 2027. This growth is driven by a range of macro and microeconomic factors, including the shift from traditional education methods to digital learning, which has been accelerated by the COVID-19 pandemic. The pandemic has significantly disrupted global education systems and has led to the widespread adoption of innovative technologies for delivering educational services.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (Accredited, Non-Accredited)
By Program Type (High School programs, Tech Prep Education, Postsecondary Vocational School, Apprenticeship Program, On-the-job Training, Others)
By RTO Types (Private RTOs, TAFE Institutes, Community RTOs, Schools, Enterprise RTOs, Universities)
Key players
Assima
Bit Media
Blackboard
Career Education
Cegos
Cisco Systems
City & Guilds Kineo
Desire2Learn
Fischer
Adobe Systems Articulate Global
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