Vocational Training Market Size | Size, Share & Industry Forecast 2025

Code: MTA10549 Publication Date: Nov 2025

What is the size of the Vocational Training Market?

According to 6Wresearch internal database and industry insights, the Global Vocational Training Market was valued at USD 1600 Billion in 2024 and is expected to reach USD 2350 Billion by 2031, growing at a compound annual growth rate of 6.10% during the forecast period (2025-2031).

There are numbers of factors which are contributing in the expansion of the market include growing demand for skill-based education, increasing employment opportunities in technical sectors, government initiatives promoting workforce development, rising adoption of e-learning platforms

Key Growth Drivers of the Vocational Training Market

  • The demand for industry-specific and practical training is increasing
  • Government initiatives to promote skill development programs are expanding
  • Integration of digital technologies and virtual learning tools is rising
  • Employers are emphasizing skill certification and professional training
  • Partnerships between educational institutions and industries are strengthening

Vocational Training Market Trends

Vocational Training Market is witnessing major growth with trends such as the rising adoption of online and blended learning formats, incorporation of AI and VR in training programs, and increasing preference for modular and short-term courses focused on employability. The focus on reskilling and upskilling for the changing job landscape is accelerating. Moreover, industries are emphasizing demand-driven curriculums, while micro-credentialing and competency-based learning models are gaining prominence. Additionally, the trend of lifelong learning and the inclusion of soft skills in vocational programs are reshaping the market.

Emerging Developments in the Vocational Training Market

Vocational Training Market is evolving with the advancement of adaptive learning technologies, gamified training modules, and AI-driven content personalization. The expansion of partnerships between edtech companies and technical institutes is creating new opportunities. Investment in digital infrastructure and cloud-based learning management systems is increasing. Moreover, new government-led programs to enhance rural and regional skill development are being implemented. The market is also witnessing the emergence of specialized training for high-demand sectors such as renewable energy, healthcare, and IT services. The development of standardized skill assessment frameworks is further enhancing market credibility.

List of Leading Companies in the Vocational Training Market

Some of the leading companies include:

  • NIIT Limited
  • Skillsoft Corporation
  • City & Guilds Group
  • Cegos Group
  • Coursera Inc.
  • Udemy Inc.
  • Simplilearn Solutions Pvt. Ltd.

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