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 2015

Market share: Demand-based funding attracts private providers, at the expense of public operators

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
Annual Growth 10-15
Annual Growth 15-20
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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 from funding only state-run TAFEs to offering competitive funding for providers based on student demand in some jurisdictions has led to an increase in the number of private providers in the industry. Overall, industry revenue is forecast to increase at an annualised 3.0% over the five years through 2014-15, to reach $9.0 billion in 2014-15. This includes growth of 1.6% in 2014-15... purchase to read more

Industry Report - Industry Locations Chapter

The geographic spread of revenue in the industry largely follows the distribution of population, with certain exceptions. The prevalence of the public VET system, primarily TAFEs, can distort revenue distribution. Victoria, although home to less than one-quarter of Australia's population, receives about 38.3% of combined state funding. This is likely due to the large number of TAFEs in the state.

As the public VET system is primarily funded by the various state and territory governments, the revenue distribution correlates with state and territory budget allocations for the industry... 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

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