Educational Services in the US - Industry Market Research Report

Last period: Consumer demographics and government funding will continue influencing the sector

The Educational Services sector comprises 13 subsectors of the US economy, ranging from public schools to testing and educational support schools. Many services provided by schools are staples, such as primary and secondary education, whereas others are more discretionary, such as business coaching and tutoring services. Establishments in public schools, private schools, community colleges, nonprofit universities and colleges and for-profit universities generate just less than 95.0% of sector revenue. As a result, the sector has benefited from increased government funding for primary and secondary education and universities since the primary source of revenue comes from government funding at the local, state and federal level. Furthermore, schools have benefited from rising 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. 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.