Europe Technical And Vocational Education Market Size & Outlook
Europe technical and vocational education market, 2017-2030 (US$M)
Related Markets
Europe technical and vocational education market highlights
- The Europe technical and vocational education market generated a revenue of USD 240,409.1 million in 2023.
- The market is expected to grow at a CAGR of 8.7% 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, Italy is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 240,409.1 million |
| Market revenue in 2030 | USD 431,482.5 million |
| Growth rate | 8.7% (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, Europe region accounted for 32.4% 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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Europe 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 75.25% in 2023. Horizon Databook has segmented the Europe technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2017 to 2030.
The European Union (EU) supports vocational education through various programs and funding initiatives, such as Erasmus+ and the European Social Fund (ESF). These programs promote mobility, cooperation, and modernization of vocational training systems across member states.
In addition, various countries such as Germany, Switzerland, and Austria have well-established dual education systems that blend classroom learning with on-the-job training. These systems are highly effective in providing practical skills and improving employability.
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Target buyers of Europe 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 Europe technical and vocational education market , including forecasts for subscribers. This continent databook contains high-level insights into Europe technical and vocational education market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe technical and vocational education market size, by country, 2017-2030 (US$M)
Europe Technical And Vocational Education Market Outlook Share, 2023 & 2030 (US$M)
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