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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 Investment Chapter

The Private Schools industry has a medium level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.23 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 decreased slightly; in 2009, for every dollar spent on wages, industry operators spent about $0.27 in capital investment. Capital investment declined partly due to the declining enrollment in industry schools. Over the past five years, the number of students enrolled in private schools declined at an annualized 1.1%... 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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