Vocational Training Market in GCC 2016-2020 - New Study Released

Governments, as well as businesses, are increasingly engaging in investments and partnerships to improve the future of vocational training. This should have a significant impact on the public as well as private vocational training providers in GCC. In GCC, vocational training is primarily pursued by students after the completion of school education, as well as by employees in corporate organizations who want to upskill themselves to compete with expatriates.

The construction sector is one of the largest employers in GCC. The majority of employment in the sector is either low-paid or requires skills in architecture and engineering. In order to fill jobs that require specialization in these skills, expatriates are given more preference. There has been a tremendous technological improvement in the construction sector, across the globe, in terms of greater automation with technologies involving 3-D printing of buildings. There will be a rise in demand for high-paying jobs, which require more job-specific task proficiency, during the forecast period.

Full Report Details at
- http://www.fastmr.com/prod/1198140_vocational_training_gcc_2016.aspx?afid=301

Technavio's analysts forecast the vocational training market in GCC to grow at a CAGR of 13.32% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the vocational training market in GCC. To calculate the market size, Technavio considers the revenue generated from delivering vocational training by public and private training institutions to individual customers. The report also considers the revenue generated by entering into business agreements with organizations to provide apprenticeship programs.

The market is divided into the following segments based on regions:

* Oman
* Saudi Arabia
* UAE

Technavio's report, Vocational Training Market in GCC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

* ADVETI
* NIVE
* Qatar Skills Academy
* TVTC

Other prominent vendors

* Applied Technology
* Higher Colleges of Technology
* Public Authority for Applied Education & Training
* Kuwait Investment Authority
* Luminus
* TAFE SA International

Market driver

* Increased demand for blue-collared workforce
* For a full, detailed list, view our report

Market challenge

* Poor targeting of vocational training programs
* For a full, detailed list, view our report

Market trend

* Growing changes in business environment
* For a full, detailed list, view our report

Key questions answered in this report

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Online Vocational Education & Training Industry in China, 2011-2020
- Technical and Vocational Education Market in North America 2016-2020
- School Furniture Market in GCC 2016-2020
- Global Soft Skills Training Market 2015-2019
- English Language Training (ELT) Market in China: Trends and Forecast 2015-2019