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North America IT Training Market Report by Delivery Mode (Online Training, Offline Training), Application (IT Infrastructure Training, Enterprise Application and Software Training, Cyber Security Training, Database and Big Data Training, and Others), End User (Corporate, Schools and Colleges, and Others), and Country 2024-2032
Market Report I 2024-03-02 I 125 Pages I IMARC Group
The North America IT training market size reached US$ 27.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 36.6 Billion by 2032, exhibiting a growth rate (CAGR) of 2.9% during 2024-2032. The growing adoption in corporate offices to increase sales and productivity, wide availability through online and offline platforms, and rising utilization in schools and colleges to increase knowledge and skills of students represent some of the key factors driving the market.
Information technology (IT) training refers to a specialized training for computer, network, and technology careers. It comprises design, development, implementation, technical support, and maintenance and management. It is available through numerous online and offline platforms and allows an individual to work in a flexible environment. It increases productivity and efficiency of employees, streamlines the working process, minimizes downtime, and reduces the risk of losses in a business. It saves time, increases the revenue of a business, and improves teamwork among coworkers. It assists in upgrading the skills of staff in a cost-effective way and reduces the risk of fraud. It also aids in increasing motivation among individuals and allows employees to undertake new and different tasks and handle customer queries easily. Besides this, as it is beneficial in acquiring new skills and enhancing the chances of job retention and promotion, the demand for IT training is increasing in North America.
North America IT Training Market Trends:
At present, the rising adoption of IT training due to rapid digitalization represents one of the key factors propelling the growth of the market in North America. Apart from this, the growing adoption of IT training in corporate offices to increase productivity and sales and reduce downtime of businesses is supporting the growth of the market in the region. Additionally, the rising demand for IT training in schools and colleges to enhance skills, knowledge, and performance among students is offering a positive market outlook. Furthermore, the wide availability of several IT training programs through online and offline platforms is offering lucrative growth opportunities to industry investors in the region. Besides this, the growing need to understand the latest developments in the IT field is positively influencing the market. Moreover, there is a rise in the preference for mobile-based IT training, as it offers easy access to information at any time and any place. This, coupled with the increasing demand for IT training due to the rising utilization of smart devices, such as computers, laptops, and watches, is impelling the growth of the market. In addition, the escalating demand for IT training due to the expansion of educational technology and e-learning methods is strengthening the growth of the market in North America.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the North America IT training market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on delivery mode, application and end-user.
Delivery Mode Insights:
Online Training
Offline Training
The report has provided a detailed breakup and analysis of the North America IT training market based on the delivery mode. This includes online training and offline training. According to the report, online training represented the largest segment.
Application Insights:
IT Infrastructure Training
Enterprise Application and Software Training
Cyber Security Training
Database and Big Data Training
Others
A detailed breakup and analysis of the North America IT training market based on the application has also been provided in the report. This includes IT infrastructure training, enterprise application and software training, cyber security training, database and big data training, and others. According to the report, IT infrastructure training accounted for the largest market share.
End User Insights:
Corporate
Schools and Colleges
Others
A detailed breakup and analysis of the North America IT training market based on the end user has also been provided in the report. This includes corporate, schools and colleges, and others. According to the report, corporate accounted for the largest market share.
Country Insights:
United States
Canada
Mexico
The report has also provided a comprehensive analysis of all the major regional markets, which include United States, Canada, and Mexico. According to the report, United States was the largest market for North America IT training. Some of the factors driving the United States IT training market included the wide availability of diverse programs offered by IT companies, rising preference for mobile-based IT training modules, rapid technological advancements, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the North America IT training market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Key Questions Answered in This Report
1. What was the size of the North America IT training market in 2023?
2. What is the expected growth rate of the North America IT training market during 2024-2032?
3. What are the key factors driving the North America IT training market?
4. What has been the impact of COVID-19 on the North America IT training market?
5. What is the breakup of the North America IT training market based on the delivery mode?
6. What is the breakup of the North America IT training market based on the application?
7. What is the breakup of the North America IT training market based on the end user?
8. What are the key regions in the North America IT training market?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global IT Training Market
5.1 Market Performance
5.2 Market Breakup by Delivery Mode
5.3 Market Breakup by Application
5.4 Market Breakup by End-User
5.5 Market Breakup by Region
5.6 Market Forecast
6 North America IT Training Market
6.1 Market Performance
6.2 Impact Of COVID-19
6.3 Market Forecast
7 North America IT Training Market: Breakup by Delivery Mode
7.1 Online Training
7.2 Offline Training
8 North America IT Training Market: Breakup by Application
8.1 IT Infrastructure Training
8.2 Enterprise Application and Software Training
8.3 Cyber Security Training
8.4 Database and Big Data Training
8.5 Others
9 North America IT Training Market: Breakup by End User
9.1 Corporate
9.2 Schools and Colleges
9.3 Others
10 North America IT Training Market: Breakup by Country
10.1 United States
10.1.1 Historical Market Trends
10.1.2 Market Breakup by Delivery Mode
10.1.3 Market Breakup by Application
10.1.4 Market Breakup by End User
10.1.5 Market Forecast
10.2 Canada
10.2.1 Historical Market Trends
10.2.2 Market Breakup by Delivery Mode
10.2.3 Market Breakup by Application
10.2.4 Market Breakup by End User
10.2.5 Market Forecast
10.3 Mexico
10.3.1 Historical Market Trends
10.3.2 Market Breakup by Delivery Mode
10.3.3 Market Breakup by Application
10.3.4 Market Breakup by End User
10.3.5 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter's Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Rivalry
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
Figure 1: Global: IT Training Market: Sales Value (in Billion US$), 2018-2023
Figure 2: Global: IT Training Market: Breakup by Delivery Mode (in %), 2023
Figure 3: Global: IT Training Market: Breakup by Application (in %), 2023
Figure 4: Global: IT Training Market: Breakup by End User (in %), 2023
Figure 5: Global: IT Training Market: Breakup by Region (in %), 2023
Figure 6: Global: IT Training Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 7: North America: IT Training Market: Sales Value (in Billion US$), 2018-2023
Figure 8: North America: IT Training Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 9: North America: IT Training Market: Breakup by Delivery Mode (in %), 2023
Figure 10: North America: IT Training (Online Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 11: North America: IT Training (Online Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 12: North America: IT Training (Offline Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 13: North America: IT Training (Offline Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 14: North America: IT Training Market: Breakup by Application (in %), 2023
Figure 15: North America: IT Training (IT Infrastructure Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 16: North America: IT Training (IT Infrastructure Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 17: North America: IT Training (Enterprise Application and Software Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 18: North America: IT Training (Enterprise Application and Software Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 19: North America: IT Training (Cyber Security Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 20: North America: IT Training (Cyber Security Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 21: North America: IT Training (Database and Big Data Training) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 22: North America: IT Training (Database and Big Data Training) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 23: North America: IT Training (Other Applications) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 24: North America: IT Training (Other Applications) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 25: North America: IT Training Market: Breakup by End User (in %), 2023
Figure 26: North America: IT Training (Corporate) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 27: North America: IT Training (Corporate) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 28: North America: IT Training (Schools and Colleges) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 29: North America: IT Training (Schools and Colleges) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 30: North America: IT Training (Other Users) Market: Sales Value (in Billion US$), 2018 & 2023
Figure 31: North America: IT Training (Other Users) Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 32: North America: IT Training Market: Breakup by Country (in %), 2023
Figure 33: United States: IT Training Market: Sales Value (in Billion US$), 2018-2023
Figure 34: United States: IT Training Market: Breakup by Delivery Mode (in %), 2023
Figure 35: United States: IT Training Market: Breakup by Application (in %), 2023
Figure 36: United States: IT Training Market: Breakup by End User (in %), 2023
Figure 37: United States: IT Training Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 38: Canada: IT Training Market: Sales Value (in Billion US$), 2018-2023
Figure 39: Canada: IT Training Market: Breakup by Delivery Mode (in %), 2023
Figure 40: Canada: IT Training Market: Breakup by Application (in %), 2023
Figure 41: Canada: IT Training Market: Breakup by End User (in %), 2023
Figure 42: Canada: IT Training Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 43: Mexico: IT Training Market: Sales Value (in Billion US$), 2018-2023
Figure 44: Mexico: IT Training Market: Breakup by Delivery Mode (in %), 2023
Figure 45: Mexico: IT Training Market: Breakup by Application (in %), 2023
Figure 46: Mexico: IT Training Market: Breakup by End User (in %), 2023
Figure 47: Mexico: IT Training Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 48: North America: IT Training Industry: SWOT Analysis
Figure 49: North America: IT Training Industry: Value Chain Analysis
Figure 50: North America: IT Training Industry: Porter's Five Forces Analysis
Table 1: North America: IT Training Market: Key Industry Highlights, 2023 and 2032
Table 2: North America: IT Training Market Forecast: Breakup by Delivery Mode (in Billion US$), 2024-2032
Table 3: North America: IT Training Market Forecast: Breakup by Application (in Billion US$), 2024-2032
Table 4: North America: IT Training Market Forecast: Breakup by End User (in Billion US$), 2024-2032
Table 5: North America: IT Training Market Forecast: Breakup by Country (in Billion US$), 2024-2032
Table 6: North America: IT Training Market: Competitive Structure
Table 7: North America: IT Training Market: Key Players
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