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Global IT Training Market size was valued at USD 113.36 billion in 2021 and is poised to grow from USD 122.43 billion in 2022 to USD 244.74 billion by 2030, growing at a CAGR of 8.0% during the forecast period (2023-2030).

The global IT Training market is highly competitive, with numerous training providers vying for market share. Established companies with a strong presence and a wide range of course offerings compete against agile startups focusing on niche areas. Key factors include course quality, flexibility, delivery methods, pricing, and industry partnerships. Continuous innovation and adaptation to the latest technology trends are crucial for success in this competitive landscape. 'Avent Academy (UK)', 'CGS (US)', 'Corpex (US)', 'Dell (US)', 'ExecuTrain (US)', 'ExitCertified (Canada)', 'Fast Lane (US)', 'Firebrand (UK)', 'Global Knowledge (US)', 'GP Strategies (US)', 'HP (Hewlett-Packard) (US)', 'IBM (US)', 'ILX Group (UK)', 'LearnQuest (US)', 'New Horizons (US)', 'Oracle (US)', 'QA (UK)', 'SAP (Germany)'

The ever-evolving landscape of technology drives the need for continuous IT training. New technologies, programming languages, software applications, and IT methodologies emerge regularly. Organizations and individuals seek IT training to stay up-to-date with these advancements, enhance their skills, and remain competitive in the market.

Increased popularity of blended learning: The increasing popularity of blended learning is a significant trend for market share growth. Blended learning combines multiple training delivery methods, such as face-to-face and computer/mobile-mediated learning. This approach provides organizations with a cost-effective and engaging way to train employees. Moreover, blended learning enables customized training modules with on-demand learning and other beneficial features.

The Global IT Training Market is analyzed based on its regional presence, which includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Among these regions, North America emerged as the leader, holding the largest market share, and it is expected to witness substantial growth at a significant Compound Annual Growth Rate (CAGR) throughout the forecast period. The United States, in particular, plays a significant role in driving the growth of IT training services due to its large technology sector and numerous tech companies. The region's focus on innovation and adoption of new technologies creates a continuous demand for IT training to keep the workforce up-to-date with the latest advancements. Additionally, Canada also contributes to the regional IT training market growth, with its tech-savvy population and expanding tech industries.

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Global IT Training Market

Product ID: SQMIG20P2004