Dallas/ Texas, Oct. 28, 2022 (GLOBE NEWSWIRE) -- Numerous businesses and customers are increasingly choosing mobile-based IT training due to the rising popularity of smartphones and smart wearable technology. This makes it easier for students to access information on their mobile devices whenever and wherever they are. In addition, personnel must regularly participate in training programs to keep up with the newest market trends due to the rapidly changing nature of technology and expanding business needs. This has had a favorable effect on the global IT training service market. Corporate training used to increase costs for businesses significantly in the past.
The global IT training services market reached a value of US$ 72.4 Billion and is expected to reach US$ 88.5 Billion by 2029, exhibiting at a CAGR of 4.9% during the forecast period.
Top Industry Players
- CGS
- Corpex
- Dell
- ExecuTrain
- ExitCertified
- Avent Academy
- Fast Lane
- Fireband
- Global Knowledge
- GP Strategies
- HP
- IBM
- ILX Group
- LearnQuest
- New Horizon
- Oracle
- QA and SAP.
However, businesses can now cut costs and expenses by offering their personnel IT training using e-learning techniques. In order to assist the development of educational technology and e-learning techniques, governments and public organizations are also developing policies and making investments. Due to this, there is an increased need for IT professionals to teach students and teachers new information and skills.
The development, implementation, design, application, and management of computer-based systems are all included in information technology (IT) training. IT training has become crucial for businesses to run their operations effectively as the most recent technologies are increasingly being used by enterprises throughout the world. An organization may manage its data and resources more efficiently and increase staff productivity and efficiency with the help of proper IT training.
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Segmentation of global IT training services market
| Application Overview | End User Overview |
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Demand for e-learning is rising, which is a significant element influencing the global IT training service market. In order to obtain animated and immersive learning, e-learning systems are preferred for IT training because of their cheaper maintenance costs. Utilizing technology and the internet is a crucial component of e-learning. Therefore, it is anticipated that the growing internet user base as well as improved mobile broadband access will fuel the global IT training service market. It has also been simpler to integrate e-learning solutions thanks to the development of social, web, analytical, and cloud technologies. In the upcoming years, market growth is also anticipated to be boosted by the implementation of SaaS and cloud-based learning management systems.
Table of Content
- Introduction
- Research methodology
- Premium insights
- Market dynamics
- Market segmentation
- Market outlook
- Competitive landscape
- Company profiles
- Appendix
The infrastructure segment dominated with the largest market share. During the anticipated time, the infrastructure segment's market share will expand significantly in terms of IT training. The rising need for professionals with expertise in networking and cloud computing technology is what is fueling the expansion of this market. As digitization continues to grow and storage needs increase, networking and cloud computing technologies have become essential for businesses.
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Due to the presence of developed software technologies and established IT infrastructure, North America currently retains the majority of the market share. The major companies in this market's presence will also aid this region's continued dominance of the market during the predicted period. The internet of things is expected to be adopted more widely in the next years, and there will be a rise in the number of IT enterprises, particularly in emerging countries, which will favorably affect the Asia Pacific.
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