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The global IT training market size reached a value of about USD 68 billion in 2020. The market is further expected to grow at a CAGR of about 6.2% in the forecast period of 2022-2027 to reach a value of approximately USD 97.6 billion by 2026.
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Governments across countries like China, India, and Japan aim to improve the standard of IT education among rural and semi-rural communities with restricted access to education infrastructure. Over the recent years, IT training in the United States, India, China, and South Korea has become increasingly relevant. These governments have made substantial progress in IT training. An increase in the number of students and IT workers in the Asia Pacific region is also expected in the forecast period to deliver attractive business expansion opportunities.
An important factor driving the IT training market is the increase in the e-learning demand. E-learning solutions are favoured for IT training as they have lower maintenance costs and give access to animated and immersive learning. An essential part of e-learning is the use of the internet and technology. Thus, it is expected that the IT training sector will be powered by the rising number of internet users as well as an improvement in mobile broadband connectivity. The advent of social, web, analytical, and cloud technology (known as SMAC) has also made it easier to implement e-learning solutions. The adoption of cloud-based learning management systems, as well as SaaS, is also expected to boost the market growth in the coming years.
Information technology (IT) training requires the provision of information and skills relevant to computer-based systems development, deployment, implementation, design, and management. Through the growing use by organizations around the world of the latest technology, IT training has now become critical for businesses to carry out their business in an effective way. Proper IT preparation prepares an organisation for successful data and resources management and improves its workers' performance and profitability.
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The major application sectors in the industry are:
The end use segments in the market can be categorised as follows:
The regional markets for IT training include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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With the rising usage of smartphones as well as smart wearables, various companies and consumers are progressively preferring mobile IT training. It allows students to access information on their mobile devices at any time and anywhere. Additionally, the rapidly evolving technologies and rising business needs require frequent training programs to help workers understand the new market developments. It has also had a significant effect on the market. Previously, corporate education used to add major operational expenses. Today, however, businesses can save costs and expenditures by supporting their employees with IT training via e-learning methods. Government and public institutions also devise strategies and programs to promote the advancement of education and e-learning technology. That has contributed to the growing demand for IT expertise to provide students and teachers with knowledge and skills.
The report gives a detailed analysis of the following key players in the global IT training market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Application, End Use, Region|
|Breakup by Application||IT Infrastructure Training, Enterprise Application and Software Training, Cyber Security Training, Database and Big Data Training, Others|
|Breakup by End Use||Corporate, Schools and Colleges, Others|
|Breakup by Region||North America, Europe, Asia Pacific, Latin America, Middle East and Africa|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Computer Generated Solutions, Tech Data Inc., Corpex, Dell, IBM, Oracle, Others|
|Report Price and Purchase Option||Explore our purchase options that are best suited to your resources and industry needs.|
|Delivery Format||Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.|
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global IT Training Market Analysis
8.1 Key Industry Highlights
8.2 Global IT Training Historical Market (2017-2021)
8.3 Global IT Training Market Forecast (2022-2027)
8.4 Global IT Training Market by Application
8.4.1 IT Infrastructure Training
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.4.2 Enterprise Application and Software Training
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.4.3 Cyber Security Training
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.4.4 Database and Big Data Training
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.5 Global IT Training Market by End Use
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.5.2 Schools and Colleges
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.6 Global IT Training Market by Region
8.6.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
22.214.171.124 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
126.96.36.199 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Key Players’ Market Share
12.3 Company Profiles
12.3.1 Computer Generated Solutions
18.104.22.168 Company Overview
22.214.171.124 Demographic Reach and Achievements
12.3.2 Tech Data Inc.
126.96.36.199 Company Overview
188.8.131.52 Demographic Reach and Achievements
184.108.40.206 Company Overview
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Company Overview
22.214.171.124 Demographic Reach and Achievements
126.96.36.199 Company Overview
188.8.131.52 Demographic Reach and Achievements
184.108.40.206 Company Overview
220.127.116.11 Demographic Reach and Achievements
18.104.22.168 Financial Summary
13 Industry Events and Developments
List of Key Figures and Tables
1. Global IT Training Market: Key Industry Highlights, 2016 and 2026
2. Global IT Training Historical Market: Breakup by Application (USD Billion), 2017-2021
3. Global IT Training Market Forecast: Breakup by Application (USD Billion), 2022-2027
4. Global IT Training Historical Market: Breakup by End Use (USD Billion), 2017-2021
5. Global IT Training Market Forecast: Breakup by End Use (USD Billion), 2022-2027
6. Global IT Training Historical Market: Breakup by Region (USD Billion), 2017-2021
7. Global IT Training Market Forecast: Breakup by Region (USD Billion), 2022-2027
8. North America IT Training Historical Market: Breakup by Country (USD Billion), 2017-2021
9. North America IT Training Market Forecast: Breakup by Country (USD Billion), 2022-2027
10. Europe IT Training Historical Market: Breakup by Country (USD Billion), 2017-2021
11. Europe IT Training Market Forecast: Breakup by Country (USD Billion), 2022-2027
12. Asia Pacific IT Training Historical Market: Breakup by Country (USD Billion), 2017-2021
13. Asia Pacific IT Training Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Latin America IT Training Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Latin America IT Training Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Middle East and Africa IT Training Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Middle East and Africa IT Training Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Global IT Training Market Structure
The global IT training market reached a value of USD 68 billion in 2020.
The market is projected to grow at a CAGR of nearly 6.2% in the forecast period of 2022-2027.
The market is estimated to reach a value of about USD 97.6 Billion by 2026.
The major drivers of the industry include rising disposable incomes, increasing population, rising number of IT students and workers, and the rising usage of smartphones and smart wearables.
The government and public institutions are devising strategies and programmes to promote the advancement of education and e-learning technology, which is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.
The major end-use sectors include corporate, schools and colleges, and others.
The major application sectors include IT infrastructure training, enterprise application and software training, cyber security training, database and big data training, among others.
The leading players in the market are Computer Generated Solutions, Tech Data Inc., Corpex, Dell, IBM, and Oracle, among others.
The global IT training market attained a value of USD 68 billion in 2020, driven by the growing number of IT students and workers. Aided by the rapidly evolving technologies, the industry is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 6.2%. The industry is projected to reach USD 103.6 Billion by 2026.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on end uses, the market can be segmented into corporate, schools and colleges, and others. On the basis of application, the industry can be divided into IT infrastructure, enterprise application and software, cyber security, database and big data, among others. The major regional markets for IT training are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above industry include Computer Generated Solutions, Tech Data Inc., Corpex, Dell, IBM, and Oracle, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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