Vocational Training Market in GCC 2016-2020

Vocational Training Market in GCC 2016-2020

Jul 2016 Technavio Education53 Pages Price :
$ 2500
About the Vocational Training Market in GCC

Governments, as well as businesses, are increasingly engaging in investments and partnerships to improve the future of vocational training. This should have a significant impact on the public as well as private vocational training providers in GCC. In GCC, vocational training is primarily pursued by students after the completion of school education, as well as by employees in corporate organizations who want to upskill themselves to compete with expatriates.

The construction sector is one of the largest employers in GCC. The majority of employment in the sector is either low-paid or requires skills in architecture and engineering. In order to fill jobs that require specialization in these skills, expatriates are given more preference. There has been a tremendous technological improvement in the construction sector, across the globe, in terms of greater automation with technologies involving 3-D printing of buildings. There will be a rise in demand for high-paying jobs, which require more job-specific task proficiency, during the forecast period.

Technavios analysts forecast the vocational training market in GCC to grow at a CAGR of 13.32% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the vocational training market in GCC. To calculate the market size, Technavio considers the revenue generated from delivering vocational training by public and private training institutions to individual customers. The report also considers the revenue generated by entering into business agreements with organizations to provide apprenticeship programs.

The market is divided into the following segments based on regions:
Oman
Saudi Arabia
UAE
Technavio's report, Vocational Training Market in GCC 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
ADVETI
NIVE
Qatar Skills Academy
TVTC

Other prominent vendors
Applied Technology
Higher Colleges of Technology
Public Authority for Applied Education & Training
Kuwait Investment Authority
Luminus
TAFE SA International

Market driver
Increased demand for blue-collared workforce
For a full, detailed list, view our report

Market challenge
Poor targeting of vocational training programs
For a full, detailed list, view our report

Market trend
Growing changes in business environment
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
Increased demand for blue-collared workforce
Growing popularity of online vocational training
Rising opportunities in healthcare sector
Upsurge in employment in construction sector
Extensive demand for skilled professionals in oil and gas sector
PART 06: Impact of drivers
PART 07: Market challenges
Poor targeting of vocational training programs
Credibility issues related to vocational training qualifications
Retention issues
Proliferating obstacles in PPPs in education sphere
PART 08: Impact of drivers and challenges
PART 09: Market trends
Growing changes in business environment
Introduction of initiatives to nationalize private sector
Diversification of economy
Significant advancements in education
PART 10: Market landscape
Education sector in GCC
Tertiary education in GCC
Vocational training market in GCC
Five forces analysis
PART 11: Market segmentation by product
Vocational training market in GCC by product
Technical vocational training market in GCC
Non-technical vocational training market in GCC
PART 12: Geographical segmentation
Geographical segmentation of vocational training market in GCC
Vocational training market in Saudi Arabia
Vocational training market in UAE
Vocational training market in Oman
Vocational training market in other GCC countries
PART 13: Vendor landscape
Competitive scenario
Competitive benchmarking
PART 14: Key vendor analysis
ADVETI
NIVE
Qatar Skills Academy
TVTC
PART 15: Other prominent vendors
PART 16: Appendix
List of abbreviations
PART 17: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Youth unemployment rates in GCC 2015 and 2020 (%)
Exhibit 03: Healthcare spending trends in GCC
Exhibit 04: Impact of drivers
Exhibit 05: Impact of drivers and challenges
Exhibit 06: Contribution by oil and other sectors to nominal GDP in GCC countries 2014 (%)
Exhibit 07: Education expenditure trends in GCC 2015 ($ billions)
Exhibit 08: Vocational training market in GCC 2015-2020 ($ billions)
Exhibit 09: Five forces analysis
Exhibit 10: Vocational training market in GCC by product
Exhibit 11: Technical vocational training market in GCC 2015-2020 ($ billions)
Exhibit 12: Non-technical vocational training market in GCC 2015-2020 ($ billions)
Exhibit 13: Geographic segmentation of vocational training market in GCC 2015-2020 ($ billions)
Exhibit 14: Geographic segmentation of vocational training market in GCC 2015-2020 (%)
Exhibit 15: Geographic segmentation of vocational training market in GCC 2015 and 2020 (%)
Exhibit 16: Vocational training market in Saudi Arabia 2015-2020 ($ billions)
Exhibit 17: Sector-wise employment in Saudi Arabia by number of employees 2015
Exhibit 18: Vocational training market in UAE 2015-2020 ($ billions)
Exhibit 19: Tertiary enrollments in UAE by field of study 2015 (%)
Exhibit 20: Vocational training market in Oman 2015-2020 ($ millions)
Exhibit 21: Vocational training market in other GCC countries 2015-2020 ($ billions)
Exhibit 22: Vendor matrix
Exhibit 23: Key vendors: Strategic initiatives overview
Exhibit 24: ADVETI: Program offerings
Exhibit 25: NIVE: Program offerings
Exhibit 26: Qatar Skills Academy: Course offerings
Exhibit 27: TVTC: Vocational program offerings

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