Albany, NY -- (SBWIRE) -- 06/13/2016 -- About the Technical and Vocational Education (TVE) Market in North America

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.

Technavios analysts forecast the technical and vocational education (TVE) market in North America to grow at a CAGR of 4.13% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the technical and vocational education (TVE) market in North America for 2016-2020. To calculate the market size, the report considers the revenue generated by private vocational and technical training institutions and organizations from courses delivered to individuals.

The market is divided into the following segments based on geography:

US
Canada

Technavio's report, Technical and Vocational Education (TVE) Market in North America 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Acumen Global Training
City and Guilds
CfPA
SAP

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Other prominent vendors
Canadian Vocational Training Center
CLC Technical Training
CleanEdison
CORE Education & Technologies
Unitek Information Systems
VMEdu

Market driver
Inherent skill gap issues
For a full, detailed list, view our report

Market challenge
Threat from corporate training institutes
For a full, detailed list, view our report

Market trend
Growing demand for middle-skill jobs among millennial workers
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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