Global Technical and Vocational Education Market Growth (Status and Outlook) 2023-2029

Global Technical and Vocational Education Market Growth (Status and Outlook) 2023-2029

TVE equips people with essential skills to successfully transition from classrooms to workplaces. In many countries, it is referred to as technical vocational education and training (TVET). The TVE system in North America is complex as it incorporates various grade levels, providers, and subject areas. This complexity is because the decision-making regarding the framework of the TVE varies from state to state. demand

LPI (LP Information)' newest research report, the “Technical and Vocational Education Industry Forecast” looks at past sales and reviews total world Technical and Vocational Education sales in 2022, providing a comprehensive analysis by region and market sector of projected Technical and Vocational Education sales for 2023 through 2029. With Technical and Vocational Education sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Technical and Vocational Education industry.

This Insight Report provides a comprehensive analysis of the global Technical and Vocational Education landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Technical and Vocational Education portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Technical and Vocational Education market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Technical and Vocational Education and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Technical and Vocational Education.

The global Technical and Vocational Education market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Factor inciting growth in this market is the rising digitization of technical and vocational education. With advances in technology, trainers are improving the delivery of vocational and technical education through the incorporation of online as well as offline platforms. Though classroom-based training is still the dominant method of teaching in this region, many vendors have started to incorporate blended learning in their training methods. Furthermore, apart from using PCs, some trainers have also started using mobile devices to improve their distance learning programs. With increasing advances in technology, technical and vocational training providers have been compelled to use educational software solutions, virtual learning platforms, simulations, and interactive multimedia content to provide training.

This report presents a comprehensive overview, market shares, and growth opportunities of Technical and Vocational Education market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
STEM Technical and Vocational Education
Non-STEM Technical and Vocational Education

Segmentation by application
Corporates
Individual Customers

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
CfPA
City & Guilds
Learndirect
Pearson

Please note: The report will take approximately 2 business days to prepare and deliver.