Asia Pacific Technical And Vocational Education Market Size & Outlook
Asia Pacific technical and vocational education market, 2017-2030 (US$M)
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Asia Pacific technical and vocational education market highlights
- The Asia Pacific technical and vocational education market generated a revenue of USD 226,324.8 million in 2023.
- The market is expected to grow at a CAGR of 12% from 2024 to 2030.
- In terms of segment, stem was the largest revenue generating course type in 2023.
- STEM is the most lucrative course type segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 226,324.8 million |
| Market revenue in 2030 | USD 500,091.2 million |
| Growth rate | 12% (CAGR from 2023 to 2030) |
| Largest segment | Stem |
| Fastest growing segment | STEM |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | STEM, Non-STEM |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.5% of the global technical and vocational education market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 500,091.2 million by 2030.
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Technical And Vocational Education Market Scope
Technical And Vocational Education Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific 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 82.71% in 2023. Horizon Databook has segmented the Asia Pacific technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2017 to 2030.
Asia Pacific is expected to be the fastest-growing region over the forecast period. Factors such as cutting-edge innovations, including the hybrid model, rapidly growing technological advancements, rising awareness about vocational training, and peer-to-peer learning to bridge the gap between education and job requirements are propelling industry growth.
Factors such as cutting-edge innovations, including the hybrid model, rapidly growing technological advancements, rising awareness about vocational training, and peer-to-peer learning to bridge the gap between education and job requirements are propelling industry growth.
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Target buyers of Asia Pacific technical and vocational education market databook
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Our clientele includes a mix of technical and vocational education market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific technical and vocational education market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific technical and vocational education market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific technical and vocational education market size, by country, 2017-2030 (US$M)
Asia Pacific Technical And Vocational Education Market Outlook Share, 2023 & 2030 (US$M)
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