South Korea Technical And Vocational Education Market Size & Outlook
The technical and vocational education market in South Korea is expected to reach a projected revenue of US$ 28.0 million by 2030. A compound annual growth rate of 12.3% is expected of South Korea technical and vocational education market from 2025 to 2030.
South Korea technical and vocational education market highlights
The South Korea technical and vocational education market generated a revenue of USD 14.0 million in 2024 and is expected to reach USD 28.0 million by 2030.
The South Korea market is expected to grow at a CAGR of 12.3% 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 14.0 million
Market revenue in 2030
USD 28.0 million
Growth rate
12.3% (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, South Korea accounted for 1.7% 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 Asia Pacific, China technical and vocational education market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 116.5 million by 2030.
The expansion of South Korea's tech sector, including IT, robotics, and manufacturing, prompts the need for a skilled workforce in these areas. South Korea aims to enhance its global competitiveness by producing highly skilled professionals in various technical fields.
In addition, technological advancements and industry-specific needs drive the demand for skilled workers, encouraging the development of specialized training programs. Furthermore, the South Korean government has invested heavily in vocational training programs to address skills gaps and support economic development.
South Korea 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 93.57% in 2024.
Horizon Databook has segmented the South Korea technical and vocational education market based on stem, non-stem covering the revenue growth of each sub-segment from 2018 to 2030.
The expansion of South Korea's tech sector, including IT, robotics, and manufacturing, prompts the need for a skilled workforce in these areas. South Korea aims to enhance its global competitiveness by producing highly skilled professionals in various technical fields.
In addition, technological advancements and industry-specific needs drive the demand for skilled workers, encouraging the development of specialized training programs. Furthermore, the South Korean government has invested heavily in vocational training programs to address skills gaps and support economic development.
South Korea Technical And Vocational Education Market Course Type Outlook (Revenue, USD Million , 2018-2030)
STEM
Non-STEM
South Korea Technical And Vocational Education Market End User Outlook (Revenue, USD Million , 2018-2030)
Academic Institutions & Individuals
Corporates
South Korea Technical And Vocational Education Market Learning Mode Outlook (Revenue, USD Million , 2018-2030)
Online
Offline
South Korea 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 South Korea Technical And Vocational Education Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into South Korea Technical And Vocational Education Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
South Korea Technical And Vocational Education Market, 2018-2030 (US$M)