target audience: TECH SUPPLIER Publication date: Sep 2023 - Document type: Market Forecast - Doc Document number: # EUR149442523
European IT Education and Training Services Forecast, 2023-2027
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Abstract
This IDC Market Forecast describes the size and growth of the European IT training and education market for 2022 to 2027. It includes our forecast across major countries as well as primary software markets. It also illustrates the split of training delivery modality for 2022 and 2027. These forecasts consider the impact of COVID-19 on all forecast assumptions, according to the most recent macroeconomic inputs from the first week of April 2023.
"As recruiting from the market becomes more difficult, more companies are increasing their upskilling/reskilling initiatives from within, with upskilling to enable internal moves becoming the key strategy for resourcing in Europe as worldwide. To roll out effective skills development plans, organizations need data and time to identify skills bottlenecks before such plans are formed and align their talent development initiatives with their technology adoption road map," said Leonardo Freitas, research manager, European Skills: Leadership and Capabilities for Digital Transformation.