Vocational and Skill-Based Training

• Market Size: The vocational training market was valued at approximately $200 billion in 2023, with robust growth expected in emerging economies.

• Key Drivers:

  • Growing emphasis on skill-based hiring over traditional degrees.

  • Expansion of government initiatives promoting vocational education to reduce unemployment.

  • Increased demand for hands-on, practical training in industries like healthcare, manufacturing, and IT.

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