Top 15 IT Education and Training Vendors Outgrow Rest of Market but Leave Plenty of Opportunity for Others, IDC Says
FRAMINGHAM, MA – JUNE 26, 2001 – The top 15 IT education and training vendors grew faster than the overall market in 2000. The overall market grew 15% from $19.5 million in 1999 to $22.4 million in 2000 while the top 15 grew 20% from $3.6 million to $4.3 million. This information comes from IDC’s recent bulletin The Top 15 Worldwide IT Training Providers in 2000.
"2000 was a terrific year for the IT education and training market and for the top 15 vendors in particular," said Ellen Julian, director of IDC’s Workforce Management Services research. "The momentum in the industry was generated by a number of factors, including increased spending on software, which heightened the need for training, a growing need for professionals with technology integration skills, and an effort to reskill existing employees to compensate for the continuing IT skills shortage."
IDC ranks the top five vendors in the IT education and training market according to 2000 revenues as follows:
1. IBM Global Services
2. Oracle University
3. New Horizons Worldwide
4. Global Knowledge Network
5. SAP Education
According to IDC, 12 of the 15 top vendors were also among last year’s leaders. Newcomers include Gateway Learning, NIIT, and Siemens Business Services. Because the top 15 vendors control less than 20% of the market, IDC believes the IT education and training market offers lots of opportunity for all vendors in the industry.
"IT training providers that demonstrate their ability to help companies improve employee productivity and meet their business goals more efficiently by leveraging technology will be the preferred providers of training services," said Cushing Anderson, manager of IDC’s Learning Services research.
IDC recently published The Top 15 Worldwide IT Training Providers in 2000 (IDC #B24970). The bulletin names the top 15 vendors in 2000 according to revenues and shows 1999-2000 growth rates. It also identifies up-and-coming IT education and training providers. To purchase this bulletin, contact Jim Nagle at 1-800-343-4952, extension 4549, or at email@example.com.
IDC is the foremost global market intelligence and advisory firm helping clients gain insight into technology and ebusiness trends to develop sound business strategies. Using a combination of rigorous primary research, in-depth analysis, and client interaction, IDC forecasts worldwide markets and trends to deliver dependable service and client advice. More than 700 analysts in 43 countries provide global research with local content. IDC's customers comprise the world’s leading IT suppliers, IT organizations, ebusiness companies and the financial community. Additional information can be found at www.idc.com.
IDC is a division of IDG, the world's leading IT media, research and exposition company.
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