Technical and Vocational Education Market in the UK to grow at a CAGR of 8.41% during 2016-2020

In the UK, technical and vocational education and training is delivered through formal educational institutions, distance-learning programs, workplace training programs, and self-paced courses. It involves learning to acquire certain qualifications, certifications, professional training, leadership development skills, soft skills, management skills, and others.

Technavios analysts forecast the technical and vocational education market in UK to grow at a CAGR of 8.41% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the technical and vocational education market in UK for 2016-2020. To calculate the market size, the report considers the revenue generated by private technical and vocational training companies providing services to individuals and corporations.

The market is divided into the following segments based on product:
STEM technical and vocational education
Non-STEM technical and vocational education

Technavio's report, Technical and Vocational Education Market in UK 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
CfPA
City & Guilds
learndirect
Pearson TQ

Other prominent vendors
Acorn Learning and Development
ACT Training
Babcock International
Interserve Learning & Employment
First4 Skills
GP Strategies
Pitman Training
Tavcom Training
The TTE Technical Training

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Market driver
Introduction of legislations to promote apprenticeships
For a full, detailed list, view our report

Market challenge
High cost of apprenticeships incurred by companies
For a full, detailed list, view our report

Market trend
Rising digitization of technical and vocational education
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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