Community College Market in US 2017-2021

  • ID: 4316440
  • Report
  • Region: United States
  • 63 pages
  • TechNavio
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About Community College

Community colleges in principle is a two-year institution of higher education that are accessed by students who are unable to complete their education via conventional methods. As a result, they work as an alternative for students willing to attain employment market specific skills prior to entering the job market. Bachelor's degree, continuing education, technical and vocational education, training (TVET) certification, and associate degrees are the kinds of programs that are availed by students. Community colleges equip people with the skills to successfully transition to the workplace. The glaring gap in demand and supply for a skilled workforce has necessitated the need for increasing number of these colleges. Besides, open access and flexible course completion options are some of the most critical reasons driving the market growth.

The analysts forecast the community college market in the US to grow at a CAGR of 5.02% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the community college market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated by public and private community colleges in delivering courses (offline and online) to individual students and learners.

The report, Community College Market in The US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AVTEC
  • Carver Career and Technical Education Center
  • Central Louisiana Technical Community College
  • NCK Tech
Other prominent vendors
  • North Florida Community College
  • Garden City Community College
  • Cleveland Community College
  • Northeast Community College
Market drivers
  • Focus on non-traditional learners
  • For a full, detailed list, view the full report
Market challenges
  • Funding cut
  • For a full, detailed list, view the full report
Market trends
  • Emphasis on education marketing process
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
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PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Higher education market in US
PART 05: Market landscape
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by revenue stream
  • Community college market in US by revenue stream
  • Community college market in US by government funds
  • Community college market in US by tuition and fees
  • Community college market in US by grants and contracts
  • Community college market in US by others
PART 07: Market segmentation by course offering
  • Community college market in US by course offered
  • Community college market in US by associate degree
  • Community college market in US by TVET certification
  • Community college market in US by continuing education
  • Community college market in US by bachelor's degree
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Market challenges
PART 10: Market trends
  • Emphasis on education marketing process
  • Education technology penetration in community colleges
  • Growing demand for middle-skill jobs
  • Rise in focus on CBE
PART 11: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
PART 12: Key vendor analysis
  • AVTEC
  • Carver Career and Technical Education Center
  • Central Louisiana Technical Community College
  • NCK Tech
PART 13: Other prominent colleges
  • North Florida Community College
  • Garden City Community College
  • Cleveland Community College
  • Northeast Community College
PART 14: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Community college market in US 2016-2021 ($ billions)
Exhibit 02: Five forces analysis
Exhibit 03: Community college market in US by revenue stream 2016
Exhibit 04: Community college market in US by revenue stream 2021
Exhibit 05: Community college market in US by revenue 2016-2021 ($ billions)
Exhibit 06: Community college market in US by revenue stream 2016-2021
Exhibit 07: Community college market in US by government funds 2016-2021 ($ billions)
Exhibit 08: Community college market in US by tuition and fees 2016-2021 ($ billions)
Exhibit 09: Community college market in US by grants and contracts 2016-2021 ($ billions)
Exhibit 10: Community college market in US by others 2016-2021 ($ billions)
Exhibit 11: Community college market in US by courses offered
Exhibit 12: Community college market in US by associate degree 2016-2021 ($ billions)
Exhibit 13: Community college market in US by TVET certification 2016-2021 ($ billions)
Exhibit 14: Community college market in US by continuing education 2016-2021 ($ billions)
Exhibit 15: Community college market in US by bachelor's degree 2016-2021 ($ billions)
Exhibit 16: Vendor analysis
Exhibit 17: Key vendors: Strategic initiatives overview
Exhibit 18: Course offerings
Exhibit 19: Carver Career and Technical Education Center: Course offerings
Exhibit 20: Course offerings
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New Report Released: - Community College Market in The US 2017-2021

The author of the report recognizes the following companies as the key players in the community college market in the US: AVTEC, Carver Career and Technical Education Center, Central Louisiana Technical Community College, and NCK Tech.

Other Prominent Vendors in the market are: North Florida Community College, Garden City Community College, Cleveland Community College, and Northeast Community College.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is emphasis on education marketing process. Community colleges are observed to embrace education marketing services. The procurement of education marketing services is a common phenomenon among other higher education institutions and K-12 schools. However, community colleges are gradually following the trend.”

According to the report, one of the major drivers for this market is focus on non-traditional learners. Institutions are shifting focus from attracting and recruiting traditional degree program students to other student categories. Other student categories include student and adult learners who enroll for continuing education and certification programs conducted by colleges and universities. There is more emphasis laid on continuing education in the US. An unstable global economic condition is adversely impacting the employment market. In addition, the greater demand for skilled employees has led to an increase in requirement for continuing education in almost all the sectors from healthcare or IT.

Further, the report states that one of the major factors hindering the growth of this market is funding cut. The funding sources available to community colleges is one of the most decisive factors in determining the progress of these colleges. As capital is required in every aspect of maintenance and growth of community colleges, it is a critical input for them. However, looking at the funding trends, it is observed that state funding has steadily declined during the past couple of years. The state tax revenue that acted as a major source of funding for these colleges has shrunk and resulted in colleges either raising their tuition fees or limiting their student intake.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • AVTEC
  • Carver Career and Technical Education Center
  • Central Louisiana Technical Community College
  • NCK Tech
  • North Florida Community College
  • Garden City Community College
  • Cleveland Community College
  • Northeast Community College
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