Saudi Arabia Technical And Vocational Education Market Size & Outlook
The technical and vocational education market in Saudi Arabia is expected to reach a projected revenue of US$ 20.6 million by 2030. A compound annual growth rate of 10.9% is expected of Saudi Arabia technical and vocational education market from 2025 to 2030.
Saudi Arabia technical and vocational education market highlights
The Saudi Arabia technical and vocational education market generated a revenue of USD 11.1 million in 2024 and is expected to reach USD 20.6 million by 2030.
The Saudi Arabia market is expected to grow at a CAGR of 10.9% from 2025 to 2030.
In terms of segment, stem was the largest revenue generating course type in 2024.
STEM is the most lucrative course type segment registering the fastest growth during the forecast period.
Technical and vocational education market data book summary
Market revenue in 2024
USD 11.1 million
Market revenue in 2030
USD 20.6 million
Growth rate
10.9% (CAGR from 2025 to 2030)
Largest segment
Stem
Fastest growing segment
STEM
Historical data
2018 - 2023
Base year
2024
Forecast period
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
STEM, Non-STEM
Key market players worldwide
Acumatica, Amazon Web Services, Adobe Inc, Articulate, City & Guilds Group, TUV Rhienland OpenSky Inc., Babcock International Group PLC, Pitman Training, Cegos, learndirect, International Business Machines Corp
Other key industry trends
In terms of revenue, Saudi Arabia accounted for 1.4% of the global technical and vocational education market in 2024.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Middle East & Africa, UAE technical and vocational education market is projected to lead the regional market in terms of revenue in 2030.
UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.6 million by 2030.
As a result, to strengthen the modern workforce, collective efforts from the public & private sectors are being observed in terms of promoting TVE training (TVET) education and increasing awareness among the students to opt for vocational training programs that could help students learn technical skills and gain practical knowledge.
Low-skilled foreign workers majorly dominate employment across the country’s private sector. The country’s public & private sectors are raising funds to upgrade the existing TVET systems and attract newer students for this course, thus improving employment and reducing dependency on the expatriate workforce.
Furthermore, the private sector provides considerably higher returns on investment for TVET students, which also drives young adults to opt for TVET courses. Moreover, while the country is making considerable efforts in attracting women candidates for TVET courses, there exists a significant gender gap, which is expected to reduce over the forecast period.
Saudi Arabia Technical And Vocational Education Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Technical And Vocational Education Market Outlook will help companies and investors design strategic landscapes.
Stem was the largest segment with a revenue share of 90.99% in 2024.
Horizon Databook has segmented the Saudi Arabia technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2018 to 2030.
As a result, to strengthen the modern workforce, collective efforts from the public & private sectors are being observed in terms of promoting TVE training (TVET) education and increasing awareness among the students to opt for vocational training programs that could help students learn technical skills and gain practical knowledge.
Low-skilled foreign workers majorly dominate employment across the country’s private sector. The country’s public & private sectors are raising funds to upgrade the existing TVET systems and attract newer students for this course, thus improving employment and reducing dependency on the expatriate workforce.
Furthermore, the private sector provides considerably higher returns on investment for TVET students, which also drives young adults to opt for TVET courses. Moreover, while the country is making considerable efforts in attracting women candidates for TVET courses, there exists a significant gender gap, which is expected to reduce over the forecast period.
Saudi Arabia Technical And Vocational Education Market Course Type Outlook (Revenue, USD Million , 2018-2030)
STEM
Non-STEM
Saudi Arabia Technical And Vocational Education Market End User Outlook (Revenue, USD Million , 2018-2030)
Academic Institutions & Individuals
Corporates
Saudi Arabia Technical And Vocational Education Market Learning Mode Outlook (Revenue, USD Million , 2018-2030)
Online
Offline
Saudi Arabia Technical And Vocational Education Market Organization Type Outlook (Revenue, USD Million , 2018-2030)
Public
Private
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Technical And Vocational Education Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Technical And Vocational Education Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Saudi Arabia Technical And Vocational Education Market, 2018-2030 (US$M)