Colleges & Universities in China - Market Research Report (2014-2029)
Beijing, China
Last Updated: May 2024
8441Revenue
$28.6bn
Past 5-Year Growth
Profit
$XX.Xm
Employees
2m
Businesses
4,712
Wages
$XX.Xbn
Colleges & Universities in China industry analysis
Revenue for colleges and universities in China is expected to grow at an annualized 2.9% over the five years through 2023 to reach $28.6 billion, including a 2.6% rise in the current year. A substantial amount of industry revenue comes from government subsidies, and increasing attention on higher education has been driving the development of the industry. The industry is comprised of 4,693 institutions, employing 2.5 million people with an estimated payroll of almost $15.2 billion. Public universities and colleges are public welfare and not for profit.This industry also benefits from international students coming to study at Chinese universities (i.e. exports). About 532,821 international students studying in China are expected to generate $1.7 billion for the industry in 2023. Higher education imports (i.e. Chinese students at foreign institutions) are expected to total $9.1 billion in 2023. In 2023, an estimated 820,173 Chinese students are studying at foreign higher education institutions.Revenue for colleges and universities in China is forecast to increase by an annualized 2.0% over the five years through 2028 to reach $31.6 billion. The main drivers of growth will be steady increases in demand for higher education and rising government funding levels. The continued globalization of China's economy will facilitate frequent international exchanges and cooperation between institutions, raising demand for higher education in China and boosting the competitiveness of the industry.
Trends and Insights
- Colleges and universities education in China has played an important role in the economic, scientific, and social development of modern China.
- Undergraduate education is the major product segment of this industry. Students in this segment account for 44.7% of total higher education enrollment.
- The industry shows the highest level of industry concentration in East China. There are an estimated 31.4% of total establishments in this region.
- The competition among schools in terms of student resources. After the college entrance examination, various schools attract outstanding students to apply through various promotions.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 2.9 % over the past five years, to reach an estimated $28.6bn in 2024.
Trends and Insights
Institutions and supervision are mature
- Master's degrees and PhDs are offered by universities and research institutions that are accredited by the State Council.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
Increases in overall demand for higher education
- Revenue for the Colleges and Universities industry of China is forecast to increase at an annualized rate of 2.0% over the five years through 2028 to $31.6 billion.
Biggest companies in the Colleges & Universities in China
| Company | Market Share (%)
2023 | Revenue ($short_0)
2023 |
|---|
There are no companies that hold a large enough market share in the Colleges & Universities in China industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Undergraduate education , Specialty education and Adult education. Undergraduate education is the largest segment of the Colleges & Universities in China.
Trends and Insights
Undergraduate education is the major product
- Undergraduate education is the major product segment of this industry; students in this segment account for 44.7% of total higher education enrollment.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- There are no industries to display.
Complementors
- Book Publishing in China
- Magazine and Periodical Publishing in China
International industries
- Community Colleges in the US
- Colleges & Universities in the US
- For-Profit Universities in the US
- Colleges & Universities in Canada
- University and Other Higher Education in Australia
Table of Contents
About this industry
Industry definition
Colleges and universities in China offer academic courses and grant degrees at the baccalaureate and graduate levels. The industry includes two segments: traditional higher education and adult education. Enterprises in this industry include universities, colleges, military academies, correspondence schools, and TV and radio broadcasting universities.
What's included in this industry?
Undergraduate educationSpecialty educationAdult educationMaster's postgraduate educationDoctoral postgraduate educationCompanies
Purchase this report to view all major companies in this industry.
Related Terms
MASTER's DEGREEDOCTORATE DEGREEPOST-GRADUATE EDUCATIONADULT HIGHER EDUCATIONPerformance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Colleges and universities education in China has played an important role in the economic, scientific, and social development of modern China.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Undergraduate education is the major product segment of this industry. Students in this segment account for 44.7% of total higher education enrollment.
In this chapter
- Products & Services
- Major Markets
- International Trade
Key metrics
- Largest market segment and value in 2024
- Product innovation level
- Total imports, level and trend
- Total exports, level and trend
- Trade Balance
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
- International trade, including imports by country and exports by country
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
- Recent trends in import and export volumes, country of origin or destination, and expected future trends
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The industry shows the highest level of industry concentration in East China. There are an estimated 31.4% of total establishments in this region.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each region in 2024
- Number and share of revenue each region accounts for in 2024
- Number and share of wages each region accounts for in 2024
- Number and share of employees in each region in 2024
Detailed analysis
- Geographic spread of the industry across Asia Pacific, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
The competition among schools in terms of student resources. After the college entrance examination, various schools attract outstanding students to apply through various pro...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
All public colleges and universities in China have enjoyed government funding and policy support, which have improved its facilities and environment.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
Detailed analysis
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
Higher education institutions should establish and improve financial management systems in accordance with the law, and strictly manage education funds.
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Almost no higher education institutions in China generate profit, as they are mainly state-funded. Profit can be ignored, so we use 0.1% to represent it.
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in China include:
- National Bureau of Statistics China
- General Administration of Customs
- People’s Bank of China
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Colleges & Universities industry in China in 2024?
The market size of the Colleges & Universities industry in China is $28.6bn in 2024.
How many businesses are there in the Colleges & Universities in China industry in 2024?
There are 4,712 businesses in the Colleges & Universities industry in China, which has grown at a CAGR of 0.4 % between 2019 and 2024.
Has the Colleges & Universities industry in China grown or declined over the past 5 years?
The market size of the Colleges & Universities industry in China has been growing at a CAGR of 2.9 % between 2019 and 2024.
What is the forecast growth of the Colleges & Universities industry in China over the next 5 years?
Over the next five years, the Colleges & Universities industry in China is expected to grow.
What does the Colleges & Universities in China include?
Undergraduate education and Specialty education are part of the Colleges & Universities industry.
How competitive is the Colleges & Universities industry in China?
The level of competition is moderate and increasing in the Colleges & Universities industry in China.
