IT Training Market Outlook 2022-2027: Industry Worth Reach US$ 87.3 Billion during Forecast Period

According to IMARC Group's latest research report, titled "IT Training Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios. The global IT training market size reached a value of US$ 70.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 87.3 Billion by 2027, exhibiting at a CAGR of 3.9% during 2022-2027. Information technology (IT) training involves the knowledge and skills relevant to computer-based systems. It includes numerous courses and training programs that aid in the development, deployment, implementation, design, and management of information systems. With the widespread adoption of advanced the latest technologies by organizations around the world, IT training has now become an essential tool vital for businesses enterprises to carry out their businesses in an effective way.

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Key Players Included in Global IT Training Market Research Report:

• International Business Machines (IBM) Corporation
• LearnQuest, Inc.
• Oracle Corporation
• QA Ltd.
• SAP ERP
• Computer Generated Solutions (CGS) Inc.
• Firebrand Technologies
• Global Knowledge Training LLC
• New Horizons Worldwide, Inc.
• Corpex Technologies
• Dell Inc.
• ET3, LLC
• ExitCertified Corp.
• Fast Lane Group
• GP Strategies Corporation
• Hewlett Packard (HP) Company
• ILX Group

Global Market Trends:

The global market is primarily driven by the increasing efforts by the government of various countries to improve the standard of IT education among the rural and semi-rural communities population. Furthermore, rapid expansion of growth in the eE-learning platforms across the globe is significantly contributing to the market growth. Apart from this, the increasing penetration of the high-speed internet and continual , as well as improvements in mobile broadband connectivity, are positively influencing the demand for IT training among the masses across the globe. Moreover, the widespread adoption of cloud-based learning management systems and SaaS is also providing a boost to market growth. Besides this, the growing requirements by the businesses to provide training programs for employees in the IT sector is providing a thrust to the market growth. Additionally, growth in the number of partnerships among vendors in the market is creating a positive outlook for the market.

Important Attribute and highlights of the Report:

• Detailed analysis of the global market share
• Market Segmentation by application and end user.
• Historical, current, and projected size of the market in terms of volume and value
• Latest industry trends and developments
• Competitive Landscape for IT Training Market
• Strategies of major players and product offerings

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COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

Breakup by Application:

• IT Infrastructure Training
• Enterprise Application and Software Training
• Cyber Security Training
• Database and Big Data Training
• Others

Breakup by End User:

• Corporate
• Schools and Colleges
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

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