The North America Technical And Vocational Education Market would witness market growth of 8.0% CAGR during the forecast period (2022-2028).
From a development standpoint, technical and vocational education helps economic expansion by boosting worker productivity. The rewards from higher output significantly outweigh the direct and indirect expenses of training, resulting in economic expansion. Technical and vocational education, like other forms of education, contributes to socioeconomic development by increasing the capacity of individuals to embrace socially beneficial behaviors.
As a kind of education similar to all others, technical and vocational education aspires to cultivate the full range of human skills that define an educated individual. Thus, the transmission of broad-based information aims to foster critical and imaginative thought. Additionally, technical and vocational education attempts to foster effective communication and interpersonal relationships
The Perkins Act of 1990 defines vocational education as an "organized educational program offering a sequence of lessons directly associated with the preparation of individual citizens for either paid or unpaid working population in current or emerging positions requiring other than a bachelor's degree or an advanced degree." Vocational education is offered at both the secondary and postsecondary levels, with a somewhat different emphasis at each.
The US market dominated the North America Technical And Vocational Education Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $228.8 Billion by 2028.The Canada market is poised to grow at a CAGR of 10.5% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 9.5% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Technical And Vocational Education Market is Estimated to reach $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).
Scope of the Study
Market Segments Covered in the Report:
By Course Type
- STEM Education
- Non-STEM Education
By End User
- Academic Institutions & Individuals
- Corporate Workers
By Learning Mode
By Organization
- Public Institution
- Private Institution
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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
- The Center for Professional Advancement (CfPA)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Technical And Vocational Market, by Course Type
1.4.2 North America Technical And Vocational Market, by End User
1.4.3 North America Technical And Vocational Market, by Learning Mode
1.4.4 North America Technical And Vocational Market, by Organization
1.4.5 North America Technical And Vocational Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Recent Strategies Deployed in Technical and Vocational Education Market
Chapter 4. North America Technical And Vocational Education Market by Course Type
4.1 North America STEM Education Market by Country
4.2 North America Non-STEM Education Market by Country
Chapter 5. North America Technical And Vocational Education Market by End-user
5.1 North America Academic Institutions & Individuals Market by Country
5.2 North America Corporate Workers Market by Country
Chapter 6. North America Technical And Vocational Education Market by Learning Mode
6.1 North America Offline Market by Country
6.2 North America Online Market by Country
Chapter 7. North America Technical And Vocational Education Market by Organization
7.1 North America Public Institution Market by Country
7.2 North America Private Institution Market by Country
Chapter 8. North America Technical And Vocational Education Market by Country
8.1 US Technical And Vocational Education Market
8.1.1 US Technical And Vocational Education Market by Course Type
8.1.2 US Technical And Vocational Education Market by End-user
8.1.3 US Technical And Vocational Education Market by Learning Mode
8.1.4 US Technical And Vocational Education Market by Organization
8.2 Canada Technical And Vocational Education Market
8.2.1 Canada Technical And Vocational Education Market by Course Type
8.2.2 Canada Technical And Vocational Education Market by End-user
8.2.3 Canada Technical And Vocational Education Market by Learning Mode
8.2.4 Canada Technical And Vocational Education Market by Organization
8.3 Mexico Technical And Vocational Education Market
8.3.1 Mexico Technical And Vocational Education Market by Course Type
8.3.2 Mexico Technical And Vocational Education Market by End-user
8.3.3 Mexico Technical And Vocational Education Market by Learning Mode
8.3.4 Mexico Technical And Vocational Education Market by Organization
8.4 Rest of North America Technical And Vocational Education Market
8.4.1 Rest of North America Technical And Vocational Education Market by Course Type
8.4.2 Rest of North America Technical And Vocational Education Market by End-user
8.4.3 Rest of North America Technical And Vocational Education Market by Learning Mode
8.4.4 Rest of North America Technical And Vocational Education Market by Organization
Chapter 9. Company Profiles
9.1 IBM Corporation
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Regional & Segmental Analysis
9.1.4 Research & Development Expenses
9.1.5 Recent strategies and developments:
9.1.5.1 Partnerships, Collaborations, and Agreements:
9.1.5.2 Product Launches and Product Expansions:
9.1.6 SWOT Analysis
9.2 Amazon Web Services, Inc. (Amazon.com, Inc.)
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental Analysis
9.2.4 Recent strategies and developments:
9.2.4.1 Partnerships, Collaborations, and Agreements:
9.2.5 SWOT Analysis
9.3 Adobe, Inc.
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.4 Babcock International Group PLC (Scandinavian AirAmbulance)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional & Segmental Analysis
9.4.4 Research & Development Expenses
9.5 Articulate Global LLC
9.5.1 Company Overview
9.6 Pitman Training Group Ltd. (Launch Life International, Inc.)
9.6.1 Company Overview
9.7 The CEGOS Group
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Acquisition and Mergers:
9.8 The Center for Professional Advancement (CfPA)
9.8.1 Company Overview
9.9 TÜV Rheinland AG
9.9.1 Company Overview
9.10. Acumatica, Inc.
9.10.1 Company Overview
9.10.2 Recent strategies and developments:
9.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Technical And Vocational Education Market, 2018 - 2021, USD Billion
TABLE 2 North America Technical And Vocational Education Market, 2022 - 2028, USD Billion
TABLE 3 North America Technical And Vocational Education Market by Course Type, 2018 - 2021, USD Billion
TABLE 4 North America Technical And Vocational Education Market by Course Type, 2022 - 2028, USD Billion
TABLE 5 North America STEM Education Market by Country, 2018 - 2021, USD Billion
TABLE 6 North America STEM Education Market by Country, 2022 - 2028, USD Billion
TABLE 7 North America Non-STEM Education Market by Country, 2018 - 2021, USD Billion
TABLE 8 North America Non-STEM Education Market by Country, 2022 - 2028, USD Billion
TABLE 9 North America Technical And Vocational Education Market by End-user, 2018 - 2021, USD Billion
TABLE 10 North America Technical And Vocational Education Market by End-user, 2022 - 2028, USD Billion
TABLE 11 North America Academic Institutions & Individuals Market by Country, 2018 - 2021, USD Billion
TABLE 12 North America Academic Institutions & Individuals Market by Country, 2022 - 2028, USD Billion
TABLE 13 North America Corporate Workers Market by Country, 2018 - 2021, USD Billion
TABLE 14 North America Corporate Workers Market by Country, 2022 - 2028, USD Billion
TABLE 15 North America Technical And Vocational Education Market by Learning Mode, 2018 - 2021, USD Billion
TABLE 16 North America Technical And Vocational Education Market by Learning Mode, 2022 - 2028, USD Billion
TABLE 17 North America Offline Market by Country, 2018 - 2021, USD Billion
TABLE 18 North America Offline Market by Country, 2022 - 2028, USD Billion
TABLE 19 North America Online Market by Country, 2018 - 2021, USD Billion
TABLE 20 North America Online Market by Country, 2022 - 2028, USD Billion
TABLE 21 North America Technical And Vocational Education Market by Organization, 2018 - 2021, USD Billion
TABLE 22 North America Technical And Vocational Education Market by Organization, 2022 - 2028, USD Billion
TABLE 23 North America Public Institution Market by Country, 2018 - 2021, USD Billion
TABLE 24 North America Public Institution Market by Country, 2022 - 2028, USD Billion
TABLE 25 North America Private Institution Market by Country, 2018 - 2021, USD Billion
TABLE 26 North America Private Institution Market by Country, 2022 - 2028, USD Billion
TABLE 27 North America Technical And Vocational Education Market by Country, 2018 - 2021, USD Billion
TABLE 28 North America Technical And Vocational Education Market by Country, 2022 - 2028, USD Billion
TABLE 29 US Technical And Vocational Education Market, 2018 - 2021, USD Billion
TABLE 30 US Technical And Vocational Education Market, 2022 - 2028, USD Billion
TABLE 31 US Technical And Vocational Education Market by Course Type, 2018 - 2021, USD Billion
TABLE 32 US Technical And Vocational Education Market by Course Type, 2022 - 2028, USD Billion
TABLE 33 US Technical And Vocational Education Market by End-user, 2018 - 2021, USD Billion
TABLE 34 US Technical And Vocational Education Market by End-user, 2022 - 2028, USD Billion
TABLE 35 US Technical And Vocational Education Market by Learning Mode, 2018 - 2021, USD Billion
TABLE 36 US Technical And Vocational Education Market by Learning Mode, 2022 - 2028, USD Billion
TABLE 37 US Technical And Vocational Education Market by Organization, 2018 - 2021, USD Billion
TABLE 38 US Technical And Vocational Education Market by Organization, 2022 - 2028, USD Billion
TABLE 39 Canada Technical And Vocational Education Market, 2018 - 2021, USD Billion
TABLE 40 Canada Technical And Vocational Education Market, 2022 - 2028, USD Billion
TABLE 41 Canada Technical And Vocational Education Market by Course Type, 2018 - 2021, USD Billion
TABLE 42 Canada Technical And Vocational Education Market by Course Type, 2022 - 2028, USD Billion
TABLE 43 Canada Technical And Vocational Education Market by End-user, 2018 - 2021, USD Billion
TABLE 44 Canada Technical And Vocational Education Market by End-user, 2022 - 2028, USD Billion
TABLE 45 Canada Technical And Vocational Education Market by Learning Mode, 2018 - 2021, USD Billion
TABLE 46 Canada Technical And Vocational Education Market by Learning Mode, 2022 - 2028, USD Billion
TABLE 47 Canada Technical And Vocational Education Market by Organization, 2018 - 2021, USD Billion
TABLE 48 Canada Technical And Vocational Education Market by Organization, 2022 - 2028, USD Billion
TABLE 49 Mexico Technical And Vocational Education Market, 2018 - 2021, USD Billion
TABLE 50 Mexico Technical And Vocational Education Market, 2022 - 2028, USD Billion
TABLE 51 Mexico Technical And Vocational Education Market by Course Type, 2018 - 2021, USD Billion
TABLE 52 Mexico Technical And Vocational Education Market by Course Type, 2022 - 2028, USD Billion
TABLE 53 Mexico Technical And Vocational Education Market by End-user, 2018 - 2021, USD Billion
TABLE 54 Mexico Technical And Vocational Education Market by End-user, 2022 - 2028, USD Billion
TABLE 55 Mexico Technical And Vocational Education Market by Learning Mode, 2018 - 2021, USD Billion
TABLE 56 Mexico Technical And Vocational Education Market by Learning Mode, 2022 - 2028, USD Billion
TABLE 57 Mexico Technical And Vocational Education Market by Organization, 2018 - 2021, USD Billion
TABLE 58 Mexico Technical And Vocational Education Market by Organization, 2022 - 2028, USD Billion
TABLE 59 Rest of North America Technical And Vocational Education Market, 2018 - 2021, USD Billion
TABLE 60 Rest of North America Technical And Vocational Education Market, 2022 - 2028, USD Billion
TABLE 61 Rest of North America Technical And Vocational Education Market by Course Type, 2018 - 2021, USD Billion
TABLE 62 Rest of North America Technical And Vocational Education Market by Course Type, 2022 - 2028, USD Billion
TABLE 63 Rest of North America Technical And Vocational Education Market by End-user, 2018 - 2021, USD Billion
TABLE 64 Rest of North America Technical And Vocational Education Market by End-user, 2022 - 2028, USD Billion
TABLE 65 Rest of North America Technical And Vocational Education Market by Learning Mode, 2018 - 2021, USD Billion
TABLE 66 Rest of North America Technical And Vocational Education Market by Learning Mode, 2022 - 2028, USD Billion
TABLE 67 Rest of North America Technical And Vocational Education Market by Organization, 2018 - 2021, USD Billion
TABLE 68 Rest of North America Technical And Vocational Education Market by Organization, 2022 - 2028, USD Billion
TABLE 69 Key information – IBM Corporation
TABLE 70 Key Information – Amazon Web Services, Inc.
TABLE 71 Key Information – Adobe, Inc.
TABLE 72 Key information – Babcock International Group PLC
TABLE 73 Key Information – Articulate Global LLC
TABLE 74 Key Information – pitman training group ltd.
TABLE 75 Key Information – the cegos group
TABLE 76 Key Information – The Center for Professional Advancement
TABLE 77 Key Information – TÜV Rheinland AG
TABLE 78 Key Information – Acumatica, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: IBM Corporation
FIG 3 Swot analysis: IBM Corporation
FIG 4 SWOT analysis: Amazon.com, Inc.
FIG 5 Recent strategies and developments: The cegos group