In this technologically driven world, the significance of IT training and education has become evident in both academic and corporate sectors. The concept of training and education has flourished with recent developments made in the IT industry. E-leaning and online training materials are some of the innovative technologies adopted by industries worldwide, thereby causing a rapid growth in their demand. Considering these advantages, the IT training and education market is expected to flourish in the coming years.
This MicroMarketMonitor report provides in-depth, region-specific data for the global IT training and education market. The market dynamics, along with the factors that drive the growth of and restrain this market, have been elaborated upon. These market dynamics shed light upon current and future trends that define the growth of the market.
On the basis of secondary research, the emerging opportunities in this particular market have been identified in the report, thus giving its user an edge over the competition. The report also provides a comprehensive description of the challenges faced by this market. The research study involves the usage of extensive secondary sources: press releases, investment reports, industry white papers, case studies, client testimonials, success cases, presentation, and other publicly available sources, to identify and collect information useful for building this extensive database of the IT training and education market.
Primary sources are mainly several industry experts/key opinion leaders such as CEOs, directors, ex-employees, channel partners, and marketing professionals from core (solutions and services) and related industries. These also include preferred suppliers, manufacturers, system packagers, rental companies, EPC contractors, end-users, standards & certification organizations, and other organizations related to all the segments of this industry’s value chain. The survey and interviews are confined not just to the Tier 1 players, but also include start-ups and prominent players. Primary sources are interviewed to obtain and verify critical qualitative and quantitative inputs on their operations, performance, strategies, revenues, and views on the overall market, including key developments, adoption trends, as well as assessment of current projects and future prospects.
Collated information, analyses, and insights are shared, discussed and validated by market players to ensure accuracy and authenticity. In order to ensure consistency and accuracy, corresponding demand side primary interviews are conducted.
The market has been segmented by geography, application, type, end user, and vertical. The report estimates and analyzes market revenues for the mentioned forecast period, for each segment, and provides a compound annual growth rate (CAGR) for this period. Historical data, which includes market shares and market revenues, for the mentioned period has also been included.
Lastly, key players in this market have been identified, and an extensive competitive landscape has been presented in this report. Along with a general overview of the company, the report also presents its product portfolio, recent developments, growth strategies, financials, growth trends, and market share, and helps the user of this report to determine competition and devise business strategy. Region-specific data enables the identification of saturated markets and those that can be entered to develop a strong foothold.
MicroMarketMonitor also provides report customization based on the specific requirement of the user.
1 Introduction
1.1 Objectives of the Study
1.2 Markets Definition and Scope of Study
1.3 Markets Covered
1.4 Stakeholders
2 Research Methodology
2.1 Integrated Ecosystem of IT Training and Education Market
2.2 Arriving at the IT Training and Education Market
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.2.3 Demand-Side Analysis
2.2.4 Macro Indicators
2.3 Assumptions
3 Executive Summary
4 Market Overview
4.1 Introduction
4.2 Market Evolution
4.3 Parent Market Comparison
4.4 Market Dynamics
4.4.1 Drivers
4.4.1.1 Replacement of Traditional IT Systems with New IT Systems
4.4.1.2 Start-ups/Emerging Markets/Emerging Technologies/Emerging Applications
4.4.1.3 Mobility, Cloud, Connected devices and BYOD
4.4.1.4 Emergence of Online and Collaborative Learning
4.4.1.5 Personalization of Learning Platforms
4.4.2 Restraints and Challenges
4.4.2.1 Mismatch between demand and supply
4.4.2.2 Increased Cost of Training
4.4.2.3 Decreased Training Investments
4.4.3 Opportunities
4.4.3.1 Training in the New Technology Developments
4.4.3.2 Strategic Alliance and Partnerships
4.4.3.3 Ease of Deployment
4.5 Value Chain
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