"The demand for IT training is fueled by the growth of the Internet and the increased demand for certified IT professionals," said Sujoy Sen, IDC senior analyst, IT services research. On the latter, he added: "Organizations are remodelling their businesses around the Internet. This means businesses must hire more and more IT professionals to support the infrastructure."
IDC forecasts that the IT training market in Asia Pacific will grow from US$981 million in 1999 to US$2.58 billion in 2004. Demand for IT training during this period is expected to be led by Korea (with 28 percent), followed by India (26 percent) and Greater China (25 percent).
Sujoy believes that the greatest opportunity lies in the area of application solutions, application tools and systems infrastructure software. The former--which includes collaborative application, supply chain automation, e-commerce applications and ERM applications--is seen as the largest market, and will occupy 55 percent or US$1.4 billion of the total software training segment in the year 2004.
On presenting IDC's report, "Internet Impact on IT Education and Training in Asia Pacific" today, Sujoy noted that the Indian IT education and training market is the largest and most important in Asia Pacific in terms of revenue.
"The total (Indian) market reached US$216 million in 1999 and is expected to grow at a 26 percent compounded annual growth rate (CAGR) between 1999 and 2004," he said.
Sujoy named India's NIIT and Aptech as well as Singapore's Informatics Holdings Ltd as the vendors to look out for in the Asia Pacific excluding Japan IT training and education market. Other vendors mentioned were Oracle, Microsoft, SAP and Cisco Systems.
According to the report, come 2004, the delivery medium for IT training will be 74 percent instructor led, 23 percent technology based, and 3 percent text based. Currently, most training is text-based.
One subset within the technology based medium is "eLearning", that is the process of delivering IT training services or courses via the Internet or corporate Intranet.
Said Sujoy: "Australia and News Zealand, Hong Kong and Singapore will lead in tbe adoption of eLearning given the economies of scale and the low cost of deployment."
IDC estimated that 9 percent of the total IT training market will be delivered by the eLearning medium by 2004. Other technology based training include delivery via CD-ROMS, satellite-based and video-based training.
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