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Market Overview
- One of the key factors driving the IT training market growth is the growth in the number of strategic partnerships among vendors.
- Growth in popularity of MOOCs is one of the key challenges hindering the IT training market growth.
- North America will register the highest growth rate of 35% among all regions. Therefore, the IT training market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
- The IT training market vendors should focus on grabbing business opportunities from the infrastructure segment as it accounted for the largest market share growth in the base year.
Scope of the Report
IT Training Market Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.43% |
Market growth 2021-2025 |
USD 10.59 billion |
Market structure |
Fragmented |
YoY growth (%) |
3.23 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 35% |
Key consumer countries |
US, Canada, UK, Germany, and India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
GP Strategies Corp., International Business Machines Corp., Learning Tree International Inc., LearnQuest Inc., Microsoft Corp., NIIT Ltd., Oracle Corp., Pluralsight Inc., QA group of companies, and SAP SE |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
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The Infrastructure Segment Held the Largest Market Share
- The IT training market share growth by the infrastructure segment will be significant during the forecast period.
- The growth of this segment is driven by the growing demand for skilled individuals in networking and cloud computing technology.
- Networking and cloud computing technologies have become crucial for enterprises, with growing digitization and the need for storage solutions
North America is Expected to Hold a Significant Share of the Market
- 35% of the market's growth will originate from North America during the forecast period. The US and Canada are the key markets for IT training in the region.
- Market growth in this region will be faster than the growth of the market in other regions.
- The presence of major technology companies will drive the IT training market growth in North America during the forecast period.
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Vendor Insights-
- GP Strategies Corp.
- International Business Machines Corp.
- Learning Tree International Inc.
- LearnQuest Inc.
- Microsoft Corp.
- NIIT Ltd.
- Oracle Corp.
- Pluralsight Inc.
- QA group of companies
- SAP SE
The IT training market is fragmented and the vendors are deploying organic and inorganic strategies to compete in the market.
Key Offerings
- GP Strategies Corp. - The company offers digital learning solutions by integrating across all learning areas and domains for learning transformation consulting, innovation and emerging learning strategy, content design and development, content curation, and learning analytics, measurement, and evaluation.
- Learning Tree International Inc.- The company offers over 360 IT courses covering 22 curricula and 120 IT certification paths. These courses are offered for professional development and continuing education and largely include curricula associated with Azure, Apple programming, Agile and Scrum, Windows Systems, etc.
- Microsoft Corp. - The company offers various training courses (through its subsidiary LinkedIn) such as business courses, technology courses, and creative courses on a single platform, taught by real-world practitioners located across the globe.
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Table of Contents
1 Executive Summary
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 01: Parent market
- Exhibit 02: Market characteristics
- 2.2 Value chain analysis
- Exhibit 03: Value chain analysis : IT Consulting and Other Services
3 Market Sizing
- 3.1 Market definition
- Exhibit 04: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 05: Market segments
- 3.4 Market outlook: Forecast for 2020 - 2025
- Exhibit 06: Global - Market size and forecast 2020 - 2025 ($ million)
- Exhibit 07: Global market: Year-over-year growth 2020 - 2025 (%)
4 Five Forces Analysis
- 4.1 Five forces summary
- Exhibit 08: Five forces analysis 2020 & 2025
- 4.2 Bargaining power of buyers
- Exhibit 09: Bargaining power of buyers
- 4.3 Bargaining power of suppliers
- Exhibit 10: Bargaining power of suppliers
- 4.4 Threat of new entrants
- Exhibit 11: Threat of new entrants
- 4.5 Threat of substitutes
- Exhibit 12: Threat of substitutes
- 4.6 Threat of rivalry
- Exhibit 13: Threat of rivalry
- 4.7 Market condition
- Exhibit 14: Market condition - Five forces 2020
5 Market Segmentation by Service
- 5.1 Market segments
- Exhibit 15: Service - Market share 2020-2025 (%)
- 5.2 Comparison by Service
- Exhibit 16: Comparison by Service
- 5.3 Infrastructure - Market size and forecast 2020-2025
- Exhibit 17: Infrastructure - Market size and forecast 2020-2025 ($ million)
- Exhibit 18: Infrastructure - Year-over-year growth 2020-2025 (%)
- 5.4 Development - Market size and forecast 2020-2025
- Exhibit 19: Development - Market size and forecast 2020-2025 ($ million)
- Exhibit 20: Development - Year-over-year growth 2020-2025 (%)
- 5.5 Database - Market size and forecast 2020-2025
- Exhibit 21: Database - Market size and forecast 2020-2025 ($ million)
- Exhibit 22: Database - Year-over-year growth 2020-2025 (%)
- 5.6 Security - Market size and forecast 2020-2025
- Exhibit 23: Security - Market size and forecast 2020-2025 ($ million)
- Exhibit 24: Security - Year-over-year growth 2020-2025 (%)
- Exhibit 25:List of cybersecurity certification in the market
- 5.7 Others - Market size and forecast 2020-2025
- Exhibit 26: Others - Market size and forecast 2020-2025 ($ million)
- Exhibit 27: Others - Year-over-year growth 2020-2025 (%)
- 5.8 Market opportunity by Service
- Exhibit 28: Market opportunity by Service
6 Customer landscape
7 Geographic Landscape
- 7.1 Geographic segmentation
- Exhibit 30: Market share by geography 2020-2025 (%)
- 7.2 Geographic comparison
- Exhibit 31: Geographic comparison
- 7.3 North America - Market size and forecast 2020-2025
- Exhibit 32: North America - Market size and forecast 2020-2025 ($ million)
- Exhibit 33: North America - Year-over-year growth 2020-2025 (%)
- 7.4 Europe - Market size and forecast 2020-2025
- Exhibit 34: Europe - Market size and forecast 2020-2025 ($ million)
- Exhibit 35: Europe - Year-over-year growth 2020-2025 (%)
- 7.5 APAC - Market size and forecast 2020-2025
- Exhibit 36: APAC - Market size and forecast 2020-2025 ($ million)
- Exhibit 37: APAC - Year-over-year growth 2020-2025 (%)
- 7.6 South America - Market size and forecast 2020-2025
- Exhibit 38: South America - Market size and forecast 2020-2025 ($ million)
- Exhibit 39: South America - Year-over-year growth 2020-2025 (%)
- 7.7 MEA - Market size and forecast 2020-2025
- Exhibit 40: MEA - Market size and forecast 2020-2025 ($ million)
- Exhibit 41: MEA - Year-over-year growth 2020-2025 (%)
- 7.8 Key leading countries
- Exhibit 42: Key leading countries
- 7.9 Market opportunity by geography
- Exhibit 43: Market opportunity by geography ($ million)
8 Drivers, Challenges, and Trends
9 Vendor Landscape
- 9.1 Overview
- Exhibit 46: Vendor landscape
- 9.2 Landscape disruption
- Exhibit 47: Landscape disruption
- Exhibit 48: Industry risks
10 Vendor Analysis
- 10.1 Vendors covered
- Exhibit 49: Vendors covered
- 10.2 Market positioning of vendors
- Exhibit 50: Market positioning of vendors
- 10.3 GP Strategies Corp.
- Exhibit 51: GP Strategies Corp. - Overview
- Exhibit 52: GP Strategies Corp. - Business segments
- Exhibit 53: GP Strategies Corp. - Key news
- Exhibit 54: GP Strategies Corp. - Key offerings
- Exhibit 55: GP Strategies Corp. - Segment focus
- 10.4 International Business Machines Corp.
- Exhibit 56: International Business Machines Corp. - Overview
- Exhibit 57: International Business Machines Corp. - Business segments
- Exhibit 58: International Business Machines Corp. - Key news
- Exhibit 59: International Business Machines Corp. - Key offerings
- Exhibit 60: International Business Machines Corp. - Segment focus
- 10.5 Learning Tree International Inc.
- Exhibit 61: Learning Tree International Inc. - Overview
- Exhibit 62: Learning Tree International Inc. - Product and service
- Exhibit 63: Learning Tree International Inc. - Key offerings
- 10.6 LearnQuest Inc.
- Exhibit 64: LearnQuest Inc. - Overview
- Exhibit 65: LearnQuest Inc. - Product and service
- Exhibit 66: LearnQuest Inc. - Key offerings
- 10.7 Microsoft Corp.
- Exhibit 67: Microsoft Corp. - Overview
- Exhibit 68: Microsoft Corp. - Business segments
- Exhibit 69: Microsoft Corp. - Key news
- Exhibit 70: Microsoft Corp. - Key offerings
- Exhibit 71: Microsoft Corp. - Segment focus
- 10.8 NIIT Ltd.
- Exhibit 72: NIIT Ltd. - Overview
- Exhibit 73: NIIT Ltd. - Business segments
- Exhibit 74: NIIT Ltd. - Key news
- Exhibit 75: NIIT Ltd. - Key offerings
- Exhibit 76: NIIT Ltd. - Segment focus
- 10.9 Oracle Corp.
- Exhibit 77: Oracle Corp. - Overview
- Exhibit 78: Oracle Corp. - Business segments
- Exhibit 79: Oracle Corp. - Key news
- Exhibit 80: Oracle Corp. - Key offerings
- Exhibit 81: Oracle Corp. - Segment focus
- 10.10 Pluralsight Inc.
- Exhibit 82: Pluralsight Inc. - Overview
- Exhibit 83: Pluralsight Inc. - Business segments
- Exhibit 84: Pluralsight Inc. - Key offerings
- 10.11 QA group of companies
- Exhibit 85: QA group of companies - Overview
- Exhibit 86: QA group of companies - Business segments
- Exhibit 87: QA group of companies - Key offerings
- 10.12 SAP SE
- Exhibit 88: SAP SE - Overview
- Exhibit 89: SAP SE - Business segments
- Exhibit 90: SAP SE - Key news
- Exhibit 91: SAP SE - Key offerings
- Exhibit 92: SAP SE - Segment focus
11 Appendix
- 11.2 Currency conversion rates for US$
- Exhibit 93: Currency conversion rates for US$
- 11.3 Research methodology
- Exhibit 94: Research Methodology
- Exhibit 95: Validation techniques employed for market sizing
- Exhibit 96: Information sources
- 11.4 List of abbreviations
- Exhibit 97: List of abbreviations
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