SEARCH   
MEMBER LOGIN    

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 | Oct 2014

Fight for funding: Government reforms have made the industry more market-oriented

IBISWorld’s Technical and Vocational Education and Training market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 10-15
2.2%
Annual Growth 15-20
Add to Cart
Profit
Add to Cart
Employment
92,585
Businesses
8,173
Industry Analysis & Industry Trends

The Technical and Vocational Education and Training industry has undergone significant structural and government funding changes over the past five years. The Federal Government has increased grants to the industry under the National Partnership Agreement on Skills Reform and pushed for state governments to reform their vocational education and training (VET) markets. A government shift in some jurisdictions from funding only state-run TAFEs to offering competitive funding for providers based on student demand has led to an increase in the number of private providers operating in the industry. Overall, industry revenue is forecast to increase at an annualised 2.2% over the five years through 2014-15, to reach $10.3 billion in 2014-15. This includes growth of 1.6% in 2014-15... purchase to read more

Industry Report - Industry Investment Chapter

The Technical and Vocational Education and Training industry displays a low level of capital intensity. IBISWorld estimates that for every dollar spent on capital costs, $11.19 is spent on wages. Lecturers and teachers are required to conduct face-to-face classes, resulting in a high level of labour input. Industry operators also hire non-academic staff to undertake general administration and maintenance activities.

Depreciation costs are incurred through investment in buildings and specific equipment and technology. The introduction of computer and internet-based training has led to increased capital investment in technology infrastructure and systems... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Technical and Vocational Education and Training Industry?

This industry includes technical and vocational education and training delivered by Registered Training Organisations (RTOs). RTOs include TAFE institutes, dual-sector institutions, enterprises and other private and community providers.

Industry Products
Diploma and aboveCertificate ICertificate IICertificate IIICertificate IV
 
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


View Sample
Quote
Select Clients