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Private Schools in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Private Schools Market Research Report | NAICS 61111b | Jun 2014

Higher Education: Increasing household income and public funds will moderately boost revenue

IBISWorld’s Private Schools market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 09-14
0.1%
Annual Growth 14-19
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Profit
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Employment
508,758
Businesses
29,089
Industry Analysis & Industry Trends

Operators in the Private Schools industry are adjusting to steadily declining enrollment levels and increasing competition. Due to continued drops in enrollment, mounting competition from charter schools and the poor economy, revenue is expected to grow only slightly in the five years to 2014. However, as the economy recovers over the next five years, household income will increase and government funding will become more readily available, leading to slow steady growth. Additionally, the number of enrolled students is forecast to increase and the high school retention rate is expected to grow slowly... purchase to read more

Industry Report - Industry Products Chapter

Private schools can be broadly segmented into Catholic schools, other religious schools and secular schools. More than 95.7% of private schools are co-educational, 2.4% are all-boys schools and the remaining 1.9% are all-girls schools. Most private schools are relatively small; 82.7% of schools have fewer than 150 students enrolled and 32.8% have fewer than 50 students enrolled.

Catholic schools

Catholic schools can be broken down into parochial, diocesan and private, depending on the source of their funding. Catholic schools are estimated to account for 30.3% of revenue, but 39.4% of total enrollment. The disparity between revenue and enrollment is due to Catholic schools' low tuition fees... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Private Schools Industry?

The Private Schools industry comprises primary (kindergarten through sixth grade) and secondary (seventh through 12th grade) educational institutions that are predominantly funded through tuition fees and other private sources. Government or public agencies do not fund private schools; however, they may receive indirect assistance through certain programs or policies. Government funded schools are included in the Public Schools industry (IBISWorld report 61111a).

Industry Products
Catholic schoolsOther religious schoolsSecular schools
 
Industry Activities
Teaching basic literacy and numeracy Establishing foundations in science, mathematics, geography, history and other social sciencesMeeting regulatory accreditation standardsAdministering private funding efforts


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