Technical and Vocational Education Market in the UK 2016-2020

Technical and Vocational Education Market in the UK 2016-2020

Aug 2016 Technavio Education49 Pages Price :
$ 2500
About Technical and Vocational Education

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

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?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.







PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market drivers
Introduction of legislations to promote apprenticeships
Persistent skill mismatches
Implementation of financial incentives
PART 06: Impact of drivers
PART 07: Market challenges
High cost of apprenticeships incurred by companies
Decline in success rates of apprenticeships
Complexities associated with qualifications system
Existing gender disparity in pay
Challenges in retaining instructors
PART 08: Impact of drivers and challenges
PART 09: Market trends
Rising digitization of technical and vocational education
Emergence of events that promote vocational skills
PART 10: Market landscape
Importance of technical and vocational education to UK's economy
Technical and vocational education market in UK
Five forces analysis
PART 11: Market segmentation by product
Technical and vocational education market in UK by product
STEM technical and vocational education market
Non-STEM technical and vocational education market
PART 12: Market segmentation by end-users
Technical and vocational education market in UK by end-users
Technical and vocational education market by corporations
Technical and vocational education market by individual customers
PART 13: Vendor landscape
Competitive scenario
Competitive benchmarking
PART 14: Key vendor analysis
CfPA
City & Guilds
learndirect
Pearson TQ
PART 15: 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 Group
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Number of apprenticeships started in UK 2009-2015
Exhibit 03: Apprenticeships started as per sector/subject 2015 (%)
Exhibit 04: Impact of drivers
Exhibit 05: Success rates in apprenticeship programs in UK by levels 2012-2014 (%)
Exhibit 06: Impact of drivers and challenges
Exhibit 07: Penetration of ICT in private training organizations 2014
Exhibit 08: Skills tested in WorldSkills competition 2015
Exhibit 09: Economic contribution of key sectors to UK's GDP 2014 (%)
Exhibit 10: Number of employees in UK by sector 2014
Exhibit 11: Technical and vocational education market in UK 2015-2020 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: Technical and vocational education market in UK by product
Exhibit 14: STEM technical and vocational education market in UK 2015-2020 ($ billions)
Exhibit 15: Non-STEM technical and vocational education market in UK 2015-2020 ($ billions)
Exhibit 16: Technical and vocational education market in UK by end-users
Exhibit 17: Evolution of training by corporations
Exhibit 18: Technical and vocational education market by corporations 2015-2020 ($ billions)
Exhibit 19: Technical and vocational education market by individual customers 2015-2020 ($ billions)
Exhibit 20: Vendor matrix
Exhibit 21: Key vendors: Strategic initiatives overview
Exhibit 22: CfPA: Training formats
Exhibit 23: City & Guilds: Key application areas
Exhibit 24: learndirect: Business segmentation
Exhibit 25: Pearson TQ: Services in technical and vocational training

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