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Technical and Vocational Education and Training in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Technical and Vocational Education and Training Market Research Report | ANZSIC P8101 | Jun 2016

Number crunching: Reduced federal funding is projected to constrain industry revenue growth

The Technical and Vocational Education and Training market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

The Technical and Vocational Education and Training industry has faced ongoing changes to its structure and government funding. The Federal Government increased grants to the industry under the National Partnership Agreement on Skills Reform, signed in 2012, pushing for state governments to reform their vocational education and training (VET) markets. Greater access to student loan schemes and a government shift from funding only state-run TAFEs to offering funding for providers based on student demand in some jurisdictions has increased the number of private providers. Industry revenue has risen at an annualised 3.0% over the past five years, to $8.9 billion, including growth of 1.8% in the current year... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Technical and Vocational Education and Training industry is in the mature of its life cycle. Industry value added (IVA) is forecast to drop at an annualised 1.0% over the 10 years through 2020-21 compared with GDP growth at an annualised 2.6%. The number of students enrolled in the industry has stagnated, while the number of industry enterprises has fluctuated over the past five years, but increased overall. Some private providers were initially lured by government funding, only to exit as they struggled to build a positive reputation.

The courses offered by the industry have not changed significantly over the past five years... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Technical and Vocational Education and Training Industry?

The industry offers technical and vocational education and training that is delivered by registered training organisations (RTOs). RTOs include TAFE institutes, dual-sector institutions and other private and community providers.

Industry Products
Diploma and aboveCertificate IVCertificate IIICertificate IICertificate I
Industry Activities
Apprenticeship training program operationBusiness college and school operationInformation technology training centre operationInstitute of technology operationProfessional and management development trainingSecretarial trainingTechnical and further education college operationTechnical college operationVocational computer training

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