The global IT training market was worth US$ 64.6 Billion in 2018. Information technology (IT) training comprises imparting knowledge and skills related to the development, application, implementation, design and management of computer-based systems. With the increasing adoption of the latest technologies by organizations worldwide, IT training has become essential for companies to carry out their operations in an efficient manner. Proper IT training prepares a company to manage its data and resources effectively and boosts the efficiency and productivity of its employees.
With the growing adoption of smartphones and smart wearables technology, many firms and users are increasingly opting for mobile-based IT training. This helps the learners to access the information anytime and anywhere on their mobile devices. Moreover, the constantly evolving technology and growing business needs require regular training programs for employees to help them understand the latest developments in the market. This has also created a positive impact on the market. Earlier, corporate training used to add significant expenses for organizations. However, companies can now save on costs and expenses by providing IT training through e-learning methods to their staff. Additionaly, governments and public bodies are also formulating policies and making investments to facilitate the expansion of educational technology and e-learning methods. This has resulted in an increasing demand for IT expertise to impart knowledge and skills in students as well as teachers. According to IMARC Group, the market is expected to reach US$ 91.7 Billion by 2024, expanding at a CAGR of around 6% during 2019-2024.
Report Coverage:
- Historical, Current and Future Market Trends
- Market Breakup by Product Type:
- Infrastructure
- Development
- Database
- Security
- Market Breakup by Application:
- IT Infrastructure Training
- Enterprise Application and Software Training
- Cyber Security Training
- Database and Big Data Training
- Others
- Market Breakup by End User:
- Corporate
- Schools and Colleges
- Others
- Market Breakup by Region:
- North America
- Asia Pacific
- Europe
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being IBM, LearnQuest, Oracle, QA, SAP, CGS, Firebrand, Global Knowledge, New Horizon, Avent Academy, Corpex, Dell, ExecuTrain, ExitCertified, Fast Lane, GP Strategies, HP, ILX Group, etc.
Key Questions Answered in This Report:
- How has the global IT training market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global IT training industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-user?
- What are the various stages in the value chain of the global IT training industry?
- What are the key driving factors and challenges in the global IT training industry?
- What is the structure of the global IT training industry and who are the key players?
- What is the degree of competition in the global IT training industry?
- What are the profit margins in the global IT training industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global IT Training Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
6 Market Breakup by Product Type
6.1 Infrastructure
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Development
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Database
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Security
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Application
7.1 IT Infrastructure Training
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Enterprise Application and Software Training
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Cyber Security Training
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Database and Big Data Training
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Others
7.5.1 Market Trends
7.5.2 Market Forecast
8 Market Breakup by End-User
8.1 Corporate
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Schools and Colleges
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Others
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Asia Pacific
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Europe
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 IBM
14.3.2 LearnQuest
14.3.3 Oracle
14.3.4 QA
14.3.5 SAP
14.3.6 CGS
14.3.7 Firebrand
14.3.8 Global Knowledge
14.3.9 New Horizon
14.3.10 Avnet Academy
14.3.11 Corpex
14.3.12 Dell
14.3.13 ExecuTrain
14.3.14 ExitCertified
14.3.15 Fast Lane
14.3.16 GP Strategies
14.3.17 HP
14.3.18 ILX Group
List of Figures
Figure 1: Global: IT Training Market: Major Drivers and Challenges
Figure 2: Global: IT Training Market: Sales Value (in Billion US$), 2013-2018
Figure 3: Global: IT Training Market: Breakup by Product Type (in %), 2018
Figure 4: Global: IT Training Market: Breakup by Application (in %), 2018
Figure 5: Global: IT Training Market: Breakup by End-User (in %), 2018
Figure 6: Global: IT Training Market: Breakup by Region (in %), 2018
Figure 7: Global: IT Training Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8:Global: IT Training Industry: SWOT Analysis
Figure 9:Global: IT Training Industry: Value Chain Analysis
Figure 10:Global: IT Training Industry: Porter’s Five Forces Analysis
Figure 11: Global: IT Training (Infrastructure) Market: Sales Value (in Million US$), 2013-2018
Figure 12: Global: IT Training (Infrastructure) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: IT Training (Development) Market: Sales Value (in Million US$), 2013-2018
Figure 14: Global: IT Training (Development) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: IT Training (Database) Market: Sales Value (in Million US$), 2013-2018
Figure 16: Global: IT Training (Database) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: IT Training (Security) Market: Sales Value (in Million US$), 2013-2018
Figure 18: Global: IT Training (Security) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: IT Training (IT Infrastructure Training) Market: Sales Value (in Million US$), 2013-2018
Figure 20: Global: IT Training (IT Infrastructure Training) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: IT Training (Enterprise Application and Software Training) Market: Sales Value (in Million US$), 2013-2018
Figure 22: Global: IT Training (Enterprise Application and Software Training) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: IT Training (Cyber Security Training) Market: Sales Value (in Million US$), 2013-2018
Figure 24: Global: IT Training (Cyber Security Training) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Global: IT Training (Database and Big Data Training) Market: Sales Value (in Million US$), 2013-2018
Figure 26: Global: IT Training (Database and Big Data Training) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Global: IT Training (Other Applications) Market: Sales Value (in Million US$), 2013-2018
Figure 28: Global: IT Training (Other Applications) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: Global: IT Training (Corporate) Market: Sales Value (in Million US$), 2013-2018
Figure 30: Global: IT Training (Corporate) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Global: IT Training (Schools and Colleges) Market: Sales Value (in Million US$), 2013-2018
Figure 32: Global: IT Training (Schools and Colleges) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Global: IT Training (Other End-Users) Market: Sales Value (in Million US$), 2013-2018
Figure 34: Global: IT Training (Other End-Users) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: North America: IT Training Market: Sales Value (in Million US$), 2013-2018
Figure 36: North America: IT Training Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 37: Asia Pacific: IT Training Market: Sales Value (in Million US$), 2013-2018
Figure 38: Asia Pacific: IT Training Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 39: Europe: IT Training Market: Sales Value (in Million US$), 2013-2018
Figure 40: Europe: IT Training Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 41: Middle East and Africa: IT Training Market: Sales Value (in Million US$), 2013-2018
Figure 42: Middle East and Africa: IT Training Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 43:Latin America: IT Training Market: Sales Value (in Million US$), 2013-2018
Figure 44:Latin America: IT Training Market Forecast: Sales Value (in Million US$), 2019-2024
List of Tables
Table 1: Global: IT Training Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: IT Training Market Forecast: Breakup by Product Type (in Million US$), 2019-2024
Table 3: Global: IT Training Market Forecast: Breakup by Application (in Million US$), 2019-2024
Table 4: Global: IT Training Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: IT Training Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Global: IT Training Market Structure
Table 7: Global: IT Training Market: Key Players