IT Training Market is Expected to Create Positive Opportunities in Private Sectors 2018-2022

October 24 10:25 2018

Radiant Insights
The report covers the present scenario and the growth prospects of the global IT training market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

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According to a report available on Radiant Insights, Inc.; the IT training market is likely to expand progressively by 2022.

Technological advances and growing shift from traditional setup to e-learning and online learning can drive the market during the forecast period (2018 to 2022).

Increasing preference for e-learning is considered as one of the key factors for the market growth. Cost-effectiveness and flexibility of e-learning as compared to physical learning techniques is likely to attract more customers. The corporate training can be expensive for organizations.  Therefore, a large number of organizations are accepting training with the help of e-learning in order to reduce expenses. Additionally, demand for online instructor and social training techniques also expected to increase due to evolving demographics. Growing use of advanced technologies and gadgets to provide effective and efficient training is also expected to create positive opportunities in the market. Organizations as well as individual customers are extensively demanding mobile-based training due to high adoption of mobile devices such as smart phones and wearable devices such as intelligent glasses and smart watches.

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Wearable devices are contributing towards the convenient and time-saving solutions to effectively monitor attendance as well as performance of students. Many training providers offer personalized learning solutions as per requirement of to customer over smart devices. Moreover, increasing trend of novel technologies such as augmented reality (AR) and virtual reality (VR), and virtual assistance is likely to fuel the market growth in the coming years. Incorporation of education technologies, such as AR and VR accurate, multidimensional simulations for learning and development purposes in modern organizations.

Worldwide IT training market can be segmented on the basis of product and region.

Based on product, the market can be categorized into infrastructure, development, database, and security.

Geographically, the IT training market can be divided into Americas, Asia Pacific, and Europe, the Middle East, and Africa (EMEA).

Americas is anticipated to dominate the market over the forecast period. Continuous technological developments coupled with significant growth in industrial and private sectors is expected to drive the market in this region. Additionally, growing implementation of new technologies in enterprises can also expected to drive the demand for effective IT courses to developed trained IT professionals.

Some of the leading players operating in the IT training market include IBM, Oracle, Learn Quest, QA, and SAP.

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The market comprises several international and regional participants. Players are expected to implement solutions related to IoTs and wearable devices. Growing demand for IT training from organizations due to frequent technological advancement has encouraged players to prepare effective training solutions.

For instance, Online education start-up, Coursera, partnered with Google provide many courses. These new Coursera’s programs are intended for IT support professionals and which has been written by Google employees for the platform. This new learning platform will support six fundamental areas of customer support such as automation, networking, troubleshooting and customer service, operating systems, system administration, and security. The company is also expected to help applicants to search for a job with its associated partners.

Tata Consultancy Services (TCS) has recently partnered with The Training Room, a provider of technical training courses and careers support. The TCS iON Digital Learning Hub will provide a platform for UK and international students looking for skills and technical courses. It can be also useful for employers looking for in-house training, recruitment, and staff retention.

About Radiant Insights, Inc

Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.

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