India Technical And Vocational Education Market Size & Outlook
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India technical and vocational education market highlights
- The India technical and vocational education market generated a revenue of USD 54.7 million in 2024 and is expected to reach USD 116.5 million by 2030.
- The India market is expected to grow at a CAGR of 13.5% from 2025 to 2030.
- In terms of segment, stem was the largest revenue generating course type in 2024.
- STEM is the most lucrative course type segment registering the fastest growth during the forecast period.
Technical and vocational education market data book summary
| Market revenue in 2024 | USD 54.7 million |
| Market revenue in 2030 | USD 116.5 million |
| Growth rate | 13.5% (CAGR from 2025 to 2030) |
| Largest segment | Stem |
| Fastest growing segment | STEM |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | STEM, Non-STEM |
| Key market players worldwide | Acumatica, Amazon Web Services, Adobe Inc, Articulate, City & Guilds Group, TUV Rhienland OpenSky Inc., Babcock International Group PLC, Pitman Training, Cegos, learndirect, International Business Machines Corp |
Other key industry trends
- In terms of revenue, India accounted for 6.7% of the global technical and vocational education market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China technical and vocational education market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 116.5 million by 2030.
Stem was the largest segment with a revenue share of 96.89% in 2024. Horizon Databook has segmented the India technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2018 to 2030.
India has a large and growing young population, which creates a significant demand for vocational training for the skills needed for employment in various sectors. Thus, several companies are launching education programs in the country.
In March 2024, Bayer India, a pharmaceutical and biotechnology company, partnered with BharatCares, a non-profit social impact organization, to launch the Better School Program for Adpodra Group Government Primary School in Himatnagar, Gujarat, India.
The program is designed to improve educational infrastructure, offer hands-on learning experiences for students in Himatnagar, and empower economically challenged students. It will assist over 850 students from 1st to 8th grade, spread across four schools.
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Technical And Vocational Education Market Scope
Technical And Vocational Education Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| learndirect | View profile | 101-250 | Sheffield, Sheffield, United Kingdom, Europe | http://www.learndirect.com/ |
| Cegos | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | https://www.cegos.com.sg/ |
| Pitman Training | View profile | - | Wetherby, York, United Kingdom, Europe | https://www.pitman-training.com/ |
| TUV Rhienland OpenSky Inc. | View profile | 251-500 | Littleton, Massachusetts, United States, North America | http://www.tuvopensky.com |
| City & Guilds Group | View profile | 1001-5000 | London, England, United Kingdom, Europe | https://www.cityandguilds.com/ |
| Acumatica | View profile | 101-250 | Kirkland, Washington, United States, North America | http://www.acumatica.com |
| Amazon Web Services | View profile | 10001+ | Seattle, Washington, United States, North America | http://aws.amazon.com |
| Articulate | View profile | 251-500 | New York, New York, United States, North America | http://www.articulate.com |
| Babcock International Group PLC | View profile | 26735 | 33 Wigmore Street, London, United Kingdom, W1U 1QX | https://www.babcockinternational.com |
| Adobe Inc | View profile | 29945 | 345 Park Avenue, San Jose, CA, United States, 95110-2704 | https://www.adobe.com |
| International Business Machines Corp | View profile | 282200 | One New Orchard Road, Armonk, NY, United States, 10504 | http://www.ibm.com |
India technical and vocational education market size, by course type, 2018-2030 (US$M)
India Technical And Vocational Education Market Outlook Share, 2024 & 2030 (US$M)
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