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Educational Services in the US - Industry Market Research Report

  • ID: 4591399
  • Report
  • June 2020
  • Region: United States
  • 45 pages
  • IBISWorld
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Live and learn: Increased government funding will likely support sector revenue growth

FEATURED COMPANIES

  • Spring Education Group
  • University of California
  • MORE

Educational Services in the US

The Educational Services sector comprises 13 subsectors of the US economy, ranging from public schools to testing and educational support operators. Many of the services provided by operators are staples, such as primary and secondary education, whereas others are more discretionary in nature, like business coaching and tutoring services. Operators in the public schools, private schools, community colleges, nonprofit universities and colleges and for-profit universities generate over 90.0% of sector revenue. As a result, the sector has benefited from increases in government funding for primary and secondary education, as well as funding for universities, since the primary source of revenue in these five subsectors comes from government funding at the local, state and federal level. Furthermore, operators have benefited from increases in per capita disposable income and an increasing number of households earning over $100,000 annually; due to these increases, consumers have become more willing to pay for private education and discretionary educational programs. Overall, sector revenue is anticipated to increase over the five years to 2018. qOver the five years to 2023, the Educational Services sector is anticipated to continue growing at a similar rate as the previous five-year period.

The Educational Services sector provides education across a broad spectrum of subjects and at diverse levels. Services offered by this sector include elementary and secondary schools, colleges and universities, technical and trade schools, fine art schools and language schools. Services provided by this sector are largely marketed toward public consumers, private consumers, business/commercial/government users and international students studying in the United States.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

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FEATURED COMPANIES

  • Spring Education Group
  • University of California
  • MORE
ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
MAJOR COMPANIES

OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios
JARGON & GLOSSARY
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  • New York City Department of Education
  • California Community Colleges
  • University of California
  • Apollo Education Group Inc.
  • Spring Education Group
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