U.S. Technical And Vocational Education Market Size & Outlook
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U.S. technical and vocational education market highlights
- The U.S. technical and vocational education market generated a revenue of USD 152.0 million in 2024 and is expected to reach USD 242.0 million by 2030.
- The U.S. market is expected to grow at a CAGR of 8.1% 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 152.0 million |
| Market revenue in 2030 | USD 242.0 million |
| Growth rate | 8.1% (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, U.S. accounted for 18.7% 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 North America, U.S. technical and vocational education market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 23.1 million by 2030.
Stem was the largest segment with a revenue share of 81.25% in 2024. Horizon Databook has segmented the U.S. technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. houses leading universities and research institutions, fostering innovation and research in the TVE market. Moreover, the growing EdTech industry provides advanced tools and resources to enhance technical and vocational learning experiences.
Companies are undertaking strategic initiatives to stay competitive in the market. For instance, in February 2023, Sophia Learning, an e-learning platform based in the U.S., partnered with Labster ApS, an edtech platform, to offer college-level science classes that include Labster ApS’s simulation content.
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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 |
U.S. technical and vocational education market size, by course type, 2018-2030 (US$M)
U.S. Technical And Vocational Education Market Outlook Share, 2024 & 2030 (US$M)
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