Global Technical And Vocational Education Market Size & Outlook

The technical and vocational education industry worldwide is expected to reach a projected revenue of US$ 1,432,938.9 million by 2030. A compound annual growth rate of 9.8% is expected of the worldwide technical and vocational education industry from 2024 to 2030.
Revenue, 2023 (US$M)
$742,464.5
Forecast, 2030 (US$M)
$1,432,938.9
CAGR, 2024 - 2030
9.8%
Report Coverage
Worldwide

Global technical and vocational education market, 2017-2030 (US$M)

Global technical and vocational education market highlights

  • The global technical and vocational education market generated a revenue of USD 742,464.5 million in 2023 and is expected to reach USD 1,432,938.9 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 9.8% by 2030.
  • In terms of segment, stem accounted for a revenue of USD 579,125.9 million in 2023.
  • STEM is the most lucrative course type segment registering the fastest growth during the forecast period.
  • In terms of region, Europe was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 742,464.5 million
Market revenue in 2030USD 1,432,938.9 million
Growth rate9.8% (CAGR from 2023 to 2030)
Largest segmentStem
Fastest growing segmentSTEM
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationSTEM, Non-STEM

Other key industry trends

  • In terms of revenue, the North America accounted for 26.4% of the global technical and vocational education market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 242,004.5 million by 2030.

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Technical And Vocational Education Market Companies

Name Profile # Employees HQ Website

Global technical and vocational education market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to technical and vocational education market will help companies and investors design strategic landscapes.


Stem was the largest segment with a revenue share of 78% in 2023. Horizon Databook has segmented the Global technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2017 to 2030.


  • Global Technical And Vocational Education Course Type Outlook (Revenue, USD Million, 2017-2030)
    • STEM
    • Non-STEM
  • Global Technical And Vocational Education End User Outlook (Revenue, USD Million, 2017-2030)
    • Academic Institutions & Individuals
    • Corporates
  • Global Technical And Vocational Education Learning Mode Outlook (Revenue, USD Million, 2017-2030)
    • Online
    • Offline
  • Global Technical And Vocational Education Organization Type Outlook (Revenue, USD Million, 2017-2030)
    • Public
    • Private

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Target buyers of Global technical and vocational education market databook

  • Our clientele includes a mix of technical and vocational education market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global technical and vocational education market , including forecasts for subscribers. This global databook contains high-level insights into Global technical and vocational education market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Global technical and vocational education market size, by regions, 2017-2030 (US$M)

Top 10 countries: Technical and vocational education market size, 2023 (US$M)

Global technical and vocational education market share, by course type, 2023 & 2030 (%, US$M)

Technical and vocational education market: Opportunity assessment by country

Global technical and vocational education market, by region, 2023 (US$M)

Global technical and vocational education market size, by regions, 2017-2030 (US$M)

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