IT Training Market Size, Share, Growth Analysis, By Type(Infrastructure, Development, Data and AI, Security and Others), By End User(Corporate, Schools and Colleges and Others), By Region - Industry Forecast 2024-2031

IT Training Market size was valued at USD 72.84 billion in 2022 and is poised to grow from USD 75.10 billion in 2023 to USD 95.88 billion by 2031, growing at a CAGR of 3.1% during the forecast period (2024-2031).

IT training involves the dissemination of knowledge and skills related to computer-based systems' development, application, implementation, design, and management. As organizations worldwide embrace the latest technologies, IT training has become a vital component in ensuring efficient operations. A well-rounded IT training equips companies to handle their data and resources effectively, ultimately enhancing employee productivity and overall efficiency. The proliferation of smartphones and smart wearables has led to a rising interest in mobile-based IT training. This approach allows learners to access information conveniently on their mobile devices at any time and from anywhere. Given the dynamic nature of technology and ever-changing business requirements, regular training programs are essential for employees to stay abreast of the latest developments in the market. This has positively influenced the market landscape.

Traditionally, corporate training incurred substantial expenses for organizations. However, the advent of e-learning methods has enabled companies to cut costs while providing effective IT training to their staff. Furthermore, there is a growing trend of governments and public bodies supporting educational technology and e-learning initiatives, leading to an increased demand for IT expertise to educate both students and teachers in this domain.

US IT Training Market is poised to grow at a sustainable CAGR for the next forecast year.