Global Technical Skill Development Software Market to reach USD 66.89 billion by 2027

Global Technical Skill Development Software Market Size study, by Type (Cloud-based, Web-based), by End-User (Large Enterprise and SMEs) and Regional Forecasts 2020-2027
Product Code:  IACTEIAS_84346832
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
 1.2.1. Technical Skill Development Software Market, by Region, 2018-2027 (USD Billion)
 1.2.2. Technical Skill Development Software Market, by Type, 2018-2027 (USD Billion)
 1.2.3. Technical Skill Development Software Market, by End-User, 2018-2027 (USD Billion)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Technical Skill Development Software Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Technical Skill Development Software Market Dynamics 
 3.1. Technical Skill Development Software Market Impact Analysis (2018-2027)
 3.1.1. Market Drivers
 3.1.2. Market Challenges
 3.1.3. Market Opportunities
 Chapter 4. Global Technical Skill Development Software Market Industry Analysis
 4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economical
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Investment Adoption Model
 4.4. Analyst Recommendation & Conclusion
 Chapter 5. Global Technical Skill Development Software Market, by Type 
 5.1. Market Snapshot 
 5.2. Global Technical Skill Development Software Market by Type, Performance - Potential Analysis
 5.3. Global Technical Skill Development Software Market Estimates & Forecasts by Type 2017-2027 (USD Billion)
 5.4. Technical Skill Development Software Market, Sub Segment Analysis
 5.4.1. Cloud-based
 5.4.2. Web-based
 Chapter 6. Global Technical Skill Development Software Market, by End-User 
 6.1. Market Snapshot 
 6.2. Global Technical Skill Development Software Market by End-User, Performance - Potential Analysis
 6.3. Global Technical Skill Development Software Market Estimates & Forecasts by End-User 2017-2027 (USD Billion)
 6.4. Technical Skill Development Software Market, Sub Segment Analysis
 6.4.1. Large Enterprises
 6.4.2. Small and Mid-sized Enterprises
 Chapter 7. Global Technical Skill Development Software Market, Regional Analysis
 7.1. Technical Skill Development Software Market, Regional Market Snapshot 
 7.2. North America Technical Skill Development Software Market 
 7.2.1. U.S. Technical Skill Development Software Market
 7.2.1.1. Type breakdown estimates & forecasts, 2017-2027
 7.2.1.2. End-User breakdown estimates & forecasts, 2017-2027
 7.2.2. Canada Technical Skill Development Software Market
 7.3. Europe Technical Skill Development Software Market Snapshot
 7.3.1. U.K. Technical Skill Development Software Market 
 7.3.2. Germany Technical Skill Development Software Market
 7.3.3. France Technical Skill Development Software Market
 7.3.4. Spain Technical Skill Development Software Market
 7.3.5. Italy Technical Skill Development Software Market
 7.3.6. Russia Technical Skill Development Software Market
 7.4. Asia-Pacific Technical Skill Development Software Market Snapshot
 7.4.1. China Technical Skill Development Software Market 
 7.4.2. India Technical Skill Development Software Market 
 7.4.3. Japan Technical Skill Development Software Market
 7.4.4. Australia Technical Skill Development Software Market
 7.4.5. South Korea Technical Skill Development Software Market
 7.4.6. New Zealand Technical Skill Development Software Market
 7.5. Latin America Technical Skill Development Software Market Snapshot
 7.5.1. Brazil Technical Skill Development Software Market
 7.5.2. Mexico Technical Skill Development Software Market
 7.5.3. Chile Technical Skill Development Software Market
 7.5.4. Peru Technical Skill Development Software Market
 7.5.5. Colombia Technical Skill Development Software Market
 7.6. Rest of The World Technical Skill Development Software Market
 Chapter 8. Competitive Intelligence
 8.1. Top Market Strategies
 8.2. Company Profiles
 8.2.1. Pluralsight
 8.2.1.1. Key Information
 8.2.1.2. Overview
 8.2.1.3. Financial (Subject to Data Availability)
 8.2.1.4. Product Summary
 8.2.1.5. Recent Developments
 8.2.2. Udemy
 8.2.3. Udacity
 8.2.4. DataCamp
 8.2.5. O’Reilly Media
 8.2.6. Treehouse
 8.2.7. CBT Nuggets
 8.2.8. Infosec IQ
 8.2.9. Skillsoft
 8.2.10. CES EduPack
 Chapter 9. Industry Chain Analysis of Technical Skills Development Software
 Chapter 10. New Project Investment Feasibility Analysis of Technical Skills Development Software 
 10.1. New Project SWOT Analysis of Technical Skills Development Software
 10.2. New Project Investment Feasibility Analysis of Technical Skills Development Software
 10.2.1. Project Name
 10.2.2. Investment Budget
 10.2.3. Project Product Solutions
 Chapter 11. Conclusion of the Global Technical Skills Development Software Market
 Chapter 12. Research Process
 12.1. Research Process
 12.1.1. Data Mining
 12.1.2. Analysis
 12.1.3. Market Estimation
 12.1.4. Validation
 12.1.5. Publishing
 12.2. Research Attributes
 12.3. Research Assumption

Global Technical Skill Development Software Market is valued at approximately USD 30.14 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 10.94% over the forecast period 2020-2027. In an ever-changing economy, there is a relentless need to overcome the shortage of technological skills across corporate sector. Many companies are utilizing corporate training tools to virtually oversee their training program for their distributed employees, thereby technical skill development software is gaining a lot of traction throughout the world. Technical skills development software is generally using streamline training process as well as provide end-to-end learning experience to employees. More often, corporate companies usually adopt technical skills development software to train employees on exclusively new skills and improving the prevailing skills of incumbent employees. Further, this software can use in skill gap analysis of employee, as well as improve the employee productivity and efficiency, which eventually strengthen the growth of technical skill development software market. Moreover, the rising online training program concerning IT technology, growing emergence of virtual classroom training, and the rapid surge in focus to reduce the skill gap among professionals are the few factors responsible for the CAGR of the market during the forecast period. For instance, in October 2020, South Korea-based Samsung Group has initiated a new online program to train youths about machine learning and artificial intelligence (AI) technology in the UAE. The program, which is part of the Future Academy initiative, which will drive the professional and personal skill development of youths in the UAE. Similarly, in 2020, Fitch Learning, a renowned training and professional development company, is exclusively providing the Certificate in Quantitative Finance (CQF) in China, which boosts AI and machine learning skills in the country. This, in turn, is likely to accelerate the growth of technical skill development software market all over the world. However, the lack of engaging content and financial constraints are the few factors restraining the market growth over the forecast period of 2020-2027.

The regional analysis of the global technical skill development software market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the rising focus on cybersecurity training courses through online platforms, along with the large presence of market vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027. Factors such as the increase in concern on skill development of IT technology, coupled with the rising government support regarding the technical skill development are the few factors creating a lucrative opportunity for the growth of the technical skill development software market in the Asia-Pacific region.

Major market player included in this report are:
Pluralsight
Udemy
Udacity
DataCamp
O’Reilly Media
Treehouse
CBT Nuggets
Infosec IQ
Skillsoft
CES EduPack

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Cloud-based
Web-based

By Application:
Large Enterprises
Small and Mid-sized Enterprises

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Technical Skill Development Software Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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