Harrisburg, NC -- (SBWIRE) -- 03/16/2019 -- Global Technical and Vocational Education Market Size, Status and Forecast 2019-2025
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 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.
The Global Technical and Vocational Education market in North America to grow at a CAGR of 4.13% during the period 2016-2020.
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Top Leading Companies are: CfPA,City & Guilds,Learndirect,Pearson
As per the National Skills Coalition of the US study, over 52% of job vacancies until 2020 are estimated to be in the middle-skill areas, which require TVE instead of conventional education such as high school diplomas or bachelor's degree. As these middle-class jobs are essential for North America's infrastructural development and overall economic growth, their demand is high among the educated and degree-holding millennials who are facing unemployment. Moreover, as several aspirants are also getting into private training institutes to acquire specialized training and skills, the growth prospects for this market will have a positive outlook until the end of 2020.
Contents of the 15 Chapters for This Technical and Vocational Education Market Study:-
Chapter 1, to describe Technical and Vocational Education Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Technical and Vocational Education , with sales, revenue, and price of Technical and Vocational Education , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Technical and Vocational Education, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Technical and Vocational Education market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Technical and Vocational Education sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Technical and Vocational Education Market, by Type:
STEM Technical and Vocational Education
Non-STEM Technical and Vocational Education
Technical and Vocational Education Market, by End User:
STEM TVE will be the highest revenue contributing segment in the market and is expected to occupy more than 50% of the total market revenue during the forecast period. Increasing awareness pertaining to the rise in skill gaps will compel people in North America to invest in TVE. The recent rise in demand for STEM across sectors such as aeronautics, automotive, HVAC, and electronics will lead to its increased adoption during the next four years.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Technical and Vocational Education Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Technical and Vocational Education Market Carrier and assist manufacturers and investment organization to better grasp the development course of Technical and Vocational Education Market.
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Important attributes of the report:
The 360-degree Technical and Vocational Education overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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