Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 0.7 % over the past five years, to reach an estimated £954.7m in 2025.
Trends and Insights
More people take up T-Levels, but demand’s still much lower desired
- T-Levels were introduced in 2020 to streamline the vocational pathway so students could earn employer-recognised technical skills. Hailed as the future of vocational education, T-Levels haven’t had a smooth transition. The lack of enthusiasm for T-Levels has led to depressed demand and they haven’t brought the levels of growth expected for colleges.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
More people turn to construction courses to enhance their job prospects
- In May 2025, the 2025 Spending Review committed £1.2 billion additional annual investment to skills by 2028-29 for industries with notable skill gaps. Construction is one area earmarked for significant investment as part of the government’s strategy to make vocational education a core pillar of UK growth.
Biggest companies in the Technical & Vocational Education in the UK
| Company | Market Share (%)
2026 | Revenue (£m)
2026 |
|---|---|---|
Seetec Business Technology Centre Ltd | 110.8 | |
NCFE | 44.5 | |
Learndirect Ltd | 27.4 |
To view the market share and analysis for all 5 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Preparation for life and work courses, Health, public services and care courses and Arts, media and publishing courses. Preparation for life and work courses is the largest segment of the Technical & Vocational Education in the UK.
Trends and Insights
Health, public services and care courses become more popular
- Students can obtain an NVQ that will allow them to provide care work and community support. Training in health, public services and care will keep growing as the UK's ageing population creates more opportunities for healthcare professionals.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Companies in this industry provide courses and apprenticeships at post-secondary non-tertiary levels. These courses are typically offered through further education institutions, sixth-form colleges, secondary schools and other specialist colleges. Companies also work closely with individual employers to offer on-the-job traineeships. The industry doesn’t include education for recreational purposes.
What's included in this industry?
Products and services covered in the Technical & Vocational Education industry in the United Kingdom include Preparation for life and work courses , Health, public services and care courses , Arts, media and publishing courses, Business administration, finance and law courses, Language, literature and culture courses, Information and communication technology courses and Retail and commercial enterprise courses.Companies
Companies covered in the Technical & Vocational Education industry in the United Kingdom include Seetec Business Technology Centre Ltd, NCFE and Learndirect Ltd.Purchase this report to view all 5 major companies in this industry.
Related Terms
Related terms covered in the Technical & Vocational Education industry in the United Kingdom include blended learning, distance education, erasmus programme, national vocational qualification (nvq) and technical baccalaureate.Industry Code
SIC 85.41 - Technical & Vocational Education in the UK
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
T-Levels are being transformed. Following years of low uptake, T-Levels are being reviewed and changed with the goal of making them more sustainable.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Health, public service and care courses climb to the top. A shortage of workers in the NHS is making these courses more appealing thanks to the tangible job opportunities the...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2025
- Product innovation level
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
London’s booming business activity brings lots of education providers. Because of London’s business activity, it’s easier for students to find work in the capital once their ...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Geographic spread of the industry across Europe, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Government grants and online courses boost the industry. Government grants and funding have supported the number of people enrolled on training programmes.
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Seetec looks to move away from government contracts. In a bid to reduce its reliance on government training contracts, Seetec has been seeking out alternative sources of dema...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2021 through 2025
- Major companies in the industry, including market share, revenue, profit and profit margin in 2025
- Overview of Seetec Business Technology Centre Ltd's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of NCFE's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of Learndirect Ltd's performance by revenue, market share and profit margin from 2019 through 2025
- Overview of revenue, market share and profit margin trend for 2 additional companies
Detailed analysis
- Description and key data for Seetec Business Technology Centre Ltd, and factors influencing its performance in the industry
- Description and key data for NCFE, and factors influencing its performance in the industry
- Description and key data for Learndirect Ltd, and factors influencing its performance in the industry
- Description, key data and performance trends for 2 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The number of 16-18-year-olds in education reflects demand. The size of this demographic is a good indicator of the level of demand for technical and vocational education.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2015-2030)
- Assistance historical data and forecast (2015-2030)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Profit is edging up but remains low overall. This is because most colleges operate on a not-for-profit basis. They receive funding from the government and reinvest their surp...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Liquidity Ratios (2019-2023)
- Coverage Ratios (2019-2023)
- Leverage Ratios (2019-2023)
- Operating Ratios (2019-2023)
- Assets (2019-2023)
- Liabilities (2019-2023)
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Technical & Vocational Education industry in the United Kingdom in 2025?
The market size of the Technical & Vocational Education industry in the United Kingdom is £954.7m in 2025.
How many businesses are there in the Technical & Vocational Education industry in the United Kingdom in 2025?
There are 538 businesses in the Technical & Vocational Education industry in the United Kingdom, which has declined at a CAGR of 3.2 % between 2020 and 2025.
How may import tariffs affect the Technical & Vocational Education industry in the United Kingdom?
The Technical & Vocational Education industry in the United Kingdom is unlikely to be materially impacted by import tariffs with imports accounting for a low share of industry revenue.
How may export tariffs affect the Technical & Vocational Education industry in the United Kingdom?
The Technical & Vocational Education industry in the United Kingdom is unlikely to be materially impacted by export tariffs with exports accounting for a low share of industry revenue.
Has the Technical & Vocational Education industry in the United Kingdom grown or declined over the past 5 years?
The market size of the Technical & Vocational Education industry in the United Kingdom has been growing at a CAGR of 0.7 % between 2020 and 2025.
What is the forecast growth of the Technical & Vocational Education industry in the United Kingdom over the next 5 years?
Over the next five years, the Technical & Vocational Education industry in the United Kingdom is expected to grow.
What are the biggest companies in the Technical & Vocational Education industry in the United Kingdom?
The biggest companies operating in the Technical & Vocational Education industry in the United Kingdom are Seetec Business Technology Centre Ltd, NCFE and Learndirect Ltd
What does the Technical & Vocational Education industry in the United Kingdom include?
Preparation for life and work courses and Health, public services and care courses are part of the Technical & Vocational Education industry in the United Kingdom.
Which companies have the highest market share in the Technical & Vocational Education industry in the United Kingdom?
The company holding the most market share in the Technical & Vocational Education industry in the United Kingdom is Seetec Business Technology Centre Ltd.
How competitive is the Technical & Vocational Education industry in the United Kingdom?
The level of competition is low and steady in the Technical & Vocational Education industry in the United Kingdom.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the UK include:
- Office for National Statistics
- Office for Budget Responsibility
- Bank of England
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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