The Europe Technical And Vocational Education Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
Private providers of technical and vocational education include both for-profit and non-profit organizations. Several concerns, notably the limited capacity of state technical and vocational education providers and their insufficient response to firms and trainees, prompted steps to assist the growth of private technical and vocational education.
Private technical and vocational education providers were anticipated to be more responsive than state institutions since they were subject to less bureaucratic restraints (particularly in centralized systems). In many developing countries, government budgets formed a fragile and unreliable source of financing for technical and vocational education; thus, it was essential to support technical and vocational education systems by increasing the contribution of beneficiaries, such as employers and trainees.
The overall goal of Germany's EU Presidency for the second half of 2020 is to strengthen Europe and make it capable of overcoming present problems. During the Presidency, the German education ministry will concentrate on contributing to the development of future European education, research, and innovation policies to address the current Covid-19 pandemic crisis, the fight against climate change, and the opportunities and challenges of digitalization.
The Germany market dominated the Europe Technical And Vocational Education Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $81.6 Billion by 2028.The UK market is anticipated to grow at a CAGR of 7% during (2022 - 2028). Additionally, The France market would experience a CAGR of 8.7% during (2022 - 2028).
Based on Course Type, the market is segmented into STEM Education and Non-STEM Education. Based on End User, the market is segmented into Academic Institutions & Individuals and Corporate Workers. Based on Learning Mode, the market is segmented into Offline and Online. Based on Organization, the market is segmented into Public Institution and Private Institution. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Technical And Vocational Education Market will Hit $1057.4 Billion by 2028, at a CAGR of 8.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Acumatica, Inc., Amazon Web Services, Inc. (Amazon.com, Inc.), Adobe Inc., Articulate Global, LLC, IBM Corporation, TÜV Rheinland AG, Babcock International Group PLC (Scandinavian AirAmbulance), Pitman Training Group Ltd. (Launch Life International, Inc.), The CEGOS Group, and The Center for Professional Advancement (CfPA).
By Course Type
By End User
By Learning Mode
By Organization
By Country
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