Technical and Vocational Education Market, Global Outlook and Forecast 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
This report aims to provide a comprehensive presentation of the global market for Technical and Vocational Education, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Technical and Vocational Education. This report contains market size and forecasts of Technical and Vocational Education in global, including the following market information:
Global Technical and Vocational Education Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Technical and Vocational Education market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Technical and Vocational Education companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Technical and Vocational Education Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Technical and Vocational Education Market Segment Percentages, by Type, 2022 (%)
    STEM Technical and Vocational Education
    Non-STEM Technical and Vocational Education
Global Technical and Vocational Education Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Technical and Vocational Education Market Segment Percentages, by Application, 2022 (%)
    Corporates
    Individual Customers
Global Technical and Vocational Education Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Technical and Vocational Education Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Technical and Vocational Education revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Technical and Vocational Education revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    CfPA
    City & Guilds
    Learndirect
    Pearson
Outline of Major Chapters:
Chapter 1: Introduces the definition of Technical and Vocational Education, market overview.
Chapter 2: Global Technical and Vocational Education market size in revenue.
Chapter 3: Detailed analysis of Technical and Vocational Education company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Technical and Vocational Education in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.