The global IT training market reached a value of US$ 70.86 Billion in 2020. 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. Additionally, 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. Looking forward, IMARC Group expects the global IT training market to exhibit moderate growth during the next five years.
Market Breakup by Application:
IT Infrastructure Training
Enterprise Application and Software Training
Cyber Security Training
Database and Big Data Training
Market Breakup by End User:
Schools and Colleges
Market Breakup by Region:
Middle East and Africa
United Arab Emirates
The competitive landscape of the industry has also been examined with some of the key players being Avent Academy, CGS, Corpex, Dell, ExecuTrain, ExitCertified, Fast Lane, Firebrand, Global Knowledge, GP Strategies, HP, IBM, ILX Group, LearnQuest, New Horizon, Oracle, QA, and SAP.
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 has been the impact of COVID-19 on the global IT training market?
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 key regional markets in the global IT training industry?
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?