Dublin, April 16, 2019 (GLOBE NEWSWIRE) -- The "IT Training Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global IT training market was worth US$ 64.6 Billion in 2018

Information technology (IT) training comprises imparting knowledge and skills related to the development, application, implementation, design and management of computer-based systems. With the increasing adoption of the latest technologies by organizations worldwide, IT training has become essential for companies to carry out their operations in an efficient manner. Proper IT training prepares a company to manage its data and resources effectively and boosts the efficiency and productivity of its employees.

With the growing adoption of smartphones and smart wearables technology, many firms and users are increasingly opting for mobile-based IT training. This helps the learners to access the information anytime and anywhere on their mobile devices. Moreover, the constantly evolving technology and growing business needs require regular training programs for employees to help them understand the latest developments in the market. This has also created a positive impact on the market. Earlier, corporate training used to add significant expenses for organizations.

However, companies can now save on costs and expenses by providing IT training through e-learning methods to their staff. Additionally, governments and public bodies are also formulating policies and making investments to facilitate the expansion of educational technology and e-learning methods. This has resulted in an increasing demand for IT expertise to impart knowledge and skills in students as well as teachers.

The market is expected to reach US$ 91.7 Billion by 2024, expanding at a CAGR of around 6% during 2019-2024.

Key Questions Answered in This Report:

• How has the global IT training market performed so far and how will it perform in the coming years?
• What are the key regional markets in the global IT training industry?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the application?
• What is the breakup of the market based on the end-user?
• What are the various stages in the value chain of the global IT training industry?
• What are the key driving factors and challenges in the global IT training industry?
• What is the structure of the global IT training industry and who are the key players?
• What is the degree of competition in the global IT training industry?
• What are the profit margins in the global IT training industry?

Key Topics Covered:

1 Preface

2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.4 Market Estimation
2.5 Forecasting Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global IT Training Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Product Type
5.4 Market Breakup by Application
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast

6 Market Breakup by Product Type
6.1 Infrastructure
6.2 Development
6.3 Database
6.4 Security

7 Market Breakup by Application
7.1 IT Infrastructure Training
7.2 Enterprise Application and Software Training
7.3 Cyber Security Training
7.4 Database and Big Data Training
7.5 Others

8 Market Breakup by End-User
8.1 Corporate
8.2 Schools and Colleges
8.3 Others

9 Market Breakup by Region

10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 Value Chain Analysis

12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 IBM
14.3.2 LearnQuest
14.3.3 Oracle
14.3.4 QA
14.3.5 SAP
14.3.6 CGS
14.3.7 Firebrand
14.3.8 Global Knowledge
14.3.9 New Horizon
14.3.10 Avnet Academy
14.3.11 Corpex
14.3.12 Dell
14.3.13 ExecuTrain
14.3.14 ExitCertified
14.3.15 Fast Lane
14.3.16 GP Strategies
14.3.17 HP
14.3.18 ILX Group

For more information about this report visit https://www.researchandmarkets.com/r/4qszo4

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Related Topics: IT Training