Global IT Training Market to Grow at a CAGR of 6.2% During 2024-2032, Aided by the Growing Prevalence of E-Learning Within Organisations and an Increasing Demand for Skilled Professionals

The dynamic nature of evolving technology and the constant changes in business requirements necessitate regular training programs for employees. These programs aim to keep them informed about the latest developments in the market, creating a positive impact on the IT training market by aligning skills with contemporary industry needs.

The increasing adoption of smartphones and smart wearables technology is driving a trend towards mobile-based IT training among many firms and users. This approach allows learners to conveniently access information anytime and anywhere on their mobile devices.

Moreover, governments and public bodies are actively formulating policies and making investments to facilitate the expansion of digital technologies and the adoption of e-learning methods.

In September 2023, Oracle (NYSE: ORCL) unveiled a cutting-edge data, analytics, and AI platform aimed at assisting Oracle Fusion Cloud Applications users in enhancing their business outcomes through the integration of data-driven insights with intelligent decision-making and actions. This platform, known as the Fusion Data Intelligence Platform, represents an advancement from the Oracle Fusion Analytics Warehouse product. It is designed to provide business data-as-a-service through automated data pipelines, comprehensive 360-degree data models for crucial business entities, interactive analytics capabilities, AI/ML models, and intelligent applications.

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Market Breakup by Application, End Use, and Region:

• The market on the basis of application can be divided into IT infrastructure training, enterprise application and software training, cyber security training, database and big data training, and others.

• Based on end use, the market can be divided into corporate, schools, and colleges, and others.

• The regional markets for IT training include North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

Key Findings of the Report:

• The integration of analytics in IT training is an emerging trend that is shaping the growth of the market. The application of analytics to IT training allows trainers to assess the effectiveness of instructional materials and identify the need for additional support.

• Analytical platforms provide real-time monitoring throughout the training process, enabling trainers to pinpoint gaps and take corrective actions to address any shortcomings in the learning and development process. This trend underscores the importance of data-driven insights in enhancing the quality and efficiency of IT training programs.

• Furthermore, the adoption of analytics in IT training is bolstered by the growing demand among organizations to extract valuable insights about the preferences and interests of their employees. This is achieved through the analysis of the substantial amount of data generated over the web, allowing organizations to tailor IT training programs to better align with the specific needs and preferences of their workforce.

Key Offerings of the Report:

• The EMR report gives an overview of the global IT training market for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the application, end use, and region, of the global IT training market.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global IT training market include Computer Generated Solutions, Tech Data Inc., Corpex, Dell Inc., IBM, and Oracle, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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