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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 | Jan 2015

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

IBISWorld’s Private Schools market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$55bn
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment
678,409
Businesses
28,857
Industry Analysis & Industry Trends

Revenue for the Private Schools industry is expected to increase, as the economy continues to recover. During the five years to 2015, enrollment decreased, which was a trend attributable to rising costs and competition from charter schools. However, in the next five years, household income is anticipated to increase, making it easier for families to afford private-school tuition. Additionally, enrollment declines will lesson, resulting in more stable demand for private schools... purchase to read more

Industry Report - Industry Investment Chapter

The Private Schools industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.08 in capital investment. Capital investment is mainly in computers, tablets and other education equipment. Schools also require capital investments on classrooms, desks, seating, auditoriums, gyms and other buildings and equipment. Over the past five years, capital intensity has remained constant. Capital investment declined partly due to the declining enrollment in industry schools.

School operations are labor intensive, as education requires a great number of staff members to interact with students and handle administrative duties... 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, these schools 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 effortsProviding access to extracurricular activities


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