About IT Training
IT Training is specific to the Information Technology (IT) industry, or to the skills necessary for performing information technology jobs. IT Training includes courses related to the application, design, development, implementation, support or management of computer-based information systems.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. IT training companies focus their suite of offerings and from which areas they derive most of their revenue.The Vendors having a strong hold in the market are CGS, Firebrand Training, and Global Knowledge Training LLC. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global IT Training market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
CGS (United States), Firebrand Training (United Kingdom), Global Knowledge Training LLC (United States), New Horizons Computer Learning Centers (united States), Tech Data Inc. (United States), Corpex (India), Dell EMC (United States), ExecuTrain (United States), Fast Lane (United States) and GP Strategies Corp. (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are ILX Group (United Kingdom), Infosec Institute (United States), ITpreneurs (United States), Koenig Solutions (United Kingdom), Learning Tree International, Inc. (United States), NetCom Learning (united States), NIIT Limited (India), Online Consulting, Inc. (United States), QA (United Kingdom), SkillSoft (United States), TTA (United States) and LearnQuest (United States).
Segmentation Overview
AMA Research has segmented the market of Global IT Training market by Type (Infrastructure, Development, Programming and Database, Data and AI, Enterprise Business Applications, Cyber Security and Others), Application (Individuals, SMEs and Large Enterprises) and Region.
On the basis of geography, the market of IT Training has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. BFSI will boost the IT Training market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Internet Penetration Rate Across the Worldwide
Market Growth Drivers:
Increasing Information Technology Industry Across the Globe and IT Companies Demanding Trained and Skilled Professionals in Various Domain
Challenges:
Lack of Skilled Professional
Restraints:
Intense Competition among the Competitors
Opportunities:
Technological Advancement and Development in the Training Program and Rising Adoption of Online Training
Market Leaders and their expansionary development strategies
In March 2024, Accenture plc announced that it’s acquiring Udacity Inc., a venture-backed startup with a popular online learning platform. The deal’s financial terms were not disclosed.
In December 2019, CARY NC Amazon Web Services (AWS) has released several new training courses and certifications to close the cloud skills gaps organizations are facing. Global Knowledge, the worldwide leader in IT training and an AWS training partner, will be onsite at AWS’ reInvent show in Las Vegas.
Key Target Audience
IT Training Providers, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Other
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.