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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 | 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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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
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Profit
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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 Products Chapter

The courses offered by the industry can be segmented according to the level of qualification offered. This includes diplomas and certificates I to IV, as well as non-award courses and bridging courses.

Certificate I

Certificate I represents the lowest complexity of tertiary education qualifications available under the Australian Qualifications Framework (AQF), and accounts for an estimated 5.9% of industry revenue in 2014-15. Certificate I aims to equip individuals with basic functional knowledge and skills for initial work, further learning and community involvement. Graduates at this level can undertake routine tasks and identify simple problems. Certificate I courses are also offered to secondary school students, but this revenue is not included in 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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