Product Code: ETC6192596 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Australias technical and vocational education sector is vital for workforce development and industry-specific skill training. Government initiatives to upskill workers, particularly in trades, healthcare, and IT, are expanding the scope and accessibility of TAFE (Technical and Further Education) and private training institutes. International student enrollments and partnerships with industry bodies are also contributing to market growth.
Technical and vocational education in Australia is undergoing transformation through digitalization and industry-aligned curricula. There is growing focus on micro-credentialing, online learning modules, and partnerships between TAFEs and industries to bridge skill gaps in technology, healthcare, and construction.
The technical and vocational education (TVET) market faces challenges such as evolving industry demands that require constant curriculum updates to stay relevant. Funding constraints and limited infrastructure, especially in rural areas, affect the quality and accessibility of vocational training. There is also a skills mismatch between graduates and employer needs, leading to underemployment. Attracting and retaining qualified trainers is difficult, exacerbated by competition from other sectors offering better remuneration. Additionally, the COVID-19 pandemic accelerated the need for digital learning platforms, which many institutions are still struggling to implement effectively.
Government support for skills-based education and industry-academia partnerships present strong investment cases in vocational training centers, edtech platforms, and curriculum development. Sectors like aged care, construction, and digital technologies are particularly promising.
Government investment in technical and vocational education and training (TVET) is central to workforce development policies. The Australian Skills Quality Authority (ASQA) regulates training providers to maintain quality standards. Funding programs like JobTrainer support skill development aligned with industry demands, while policies emphasize industry partnerships to ensure TVET curricula meet evolving technical and vocational needs.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Technical And Vocational Education Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Technical And Vocational Education Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Technical And Vocational Education Market - Industry Life Cycle |
3.4 Australia Technical And Vocational Education Market - Porter's Five Forces |
3.5 Australia Technical And Vocational Education Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Australia Technical And Vocational Education Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Australia Technical And Vocational Education Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Technical And Vocational Education Market Trends |
6 Australia Technical And Vocational Education Market, By Types |
6.1 Australia Technical And Vocational Education Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Australia Technical And Vocational Education Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Australia Technical And Vocational Education Market Revenues & Volume, By STEM Technical and Vocational Education, 2021- 2031F |
6.1.4 Australia Technical And Vocational Education Market Revenues & Volume, By Non-STEM Technical and Vocational Education, 2021- 2031F |
6.2 Australia Technical And Vocational Education Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Technical And Vocational Education Market Revenues & Volume, By Corporates, 2021- 2031F |
6.2.3 Australia Technical And Vocational Education Market Revenues & Volume, By Individual Customers, 2021- 2031F |
7 Australia Technical And Vocational Education Market Import-Export Trade Statistics |
7.1 Australia Technical And Vocational Education Market Export to Major Countries |
7.2 Australia Technical And Vocational Education Market Imports from Major Countries |
8 Australia Technical And Vocational Education Market Key Performance Indicators |
9 Australia Technical And Vocational Education Market - Opportunity Assessment |
9.1 Australia Technical And Vocational Education Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Australia Technical And Vocational Education Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Australia Technical And Vocational Education Market - Competitive Landscape |
10.1 Australia Technical And Vocational Education Market Revenue Share, By Companies, 2024 |
10.2 Australia Technical And Vocational Education Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |