Cutting class: Competition from other forms of higher education will lead to declines

The Business Certification and IT Schools industry provides online and in-person vocational and technical training courses. The industry has struggled in recent years due to rising competition from junior colleges, trade schools and universities. As traditional administrative work has become increasingly technologically demanding, individuals have turned away from industry services and opted for alternative forms of higher education. Moving forward, the industry is expected to continue declining as competition from other forms of higher education and online learning platforms continue to reduce enrollment in industry schools. Over the five years to 2023, total industry revenue is projected to decrease at an annualized rate of 0.5% to $2.7 billion...purchase to read more.

Industry Statistics & Market Size
Annual Growth 13-18
Forecast Growth 18-23
Market Share of Companies

Industry Threats & Opportunities

  • The industry is expected to continue declining as external competition continues to reduce enrollment in industry schools
  • The recent development of several MOOCs has reduced demand for industry services
  • More students are expected to enroll in degree programs, siphoning demand
  • Industry Report - Industry Products Chapter

    Computer and information sciences trainingIndustry operators offer courses on a wide range of topics relevant to computer and information sciences, including software engineering, local area network management, IT security and web development. Instruction on these topics may be provided in a variety of settings, such as the operator's training centers, educational institutions, the workplace or the home, and through diverse means, such as TV, the internet or other electronic and distance-learning methods. While most industry operators specialize in providing introductory computer and IT training to individuals and corporate clients, many companies also offer advanced courses designed for working professionals with technical backgrounds. IT ...purchase to read more.

    Additional Insights for the Business Certification & IT Schools Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Business Certification & IT Schools Industry are

  • Ability to develop courses for new technology
  • Having a good reputation
  • Ability to alter services in favor of market conditions
  • IBISWorld analysts also discuss how external factors such as Percentage of households with at least one computer and Number of college students in the Business Certification & IT Schools industry impact industry performance..

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    What's in this report

    What is the Business Certification & IT Schools Industry?

    Establishments in this industry offer career vocational and technical courses. They also provide courses in computer programming, which provide curriculums for software packages, computerized business systems, computer electronics technology and local area network management. Classes may be provided in training facilities or online.

    Industry Products
  • Professional development and management training
  • Computer and information sciences training
  • Basic education and higher academic courses
  • Industry Activities
  • Computer operation training (except repair)
  • Providing courses in computer programming
  • Computer software and software application training
  • Local area network (LAN) management training
  • Basic office and secretarial skills training
  • Providing classes in stenography and court reporting
  • Providing courses through business schools not offering academic degrees
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Percentage of households with at least one computer
  • Number of college students
  • Private investment in computers and software
  • Time spent on leisure and sports

  • Current Performance
  • Rising external competition
  • Declining demand causes profit to fall
  • Chart: Revenue Growth

  • Industry Outlook
  • Education escalation
  • Online competitors
  • Industry structure
  • Table: Business Certification & IT Schools Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Business Certification & IT Schools Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Professional, Scientific and Technical Services
  • Law Firms
  • Administration, Business Support & Waste Management Services
  • Healthcare and Social Assistance
  • Consumers

  • Key Selling Industries
  • Book Stores
  • Computer Stores
  • Internet Service Providers
  • Janitorial Services
  • Office Furniture Manufacturing
  • Office Supply Stores

  • Products & Services
  • Computer and information sciences training
  • Basic education and higher academic courses
  • Professional development and management training
  • Other
  • Chart: Business Certification & IT Schools Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Students under 25 years old
  • Students aged 25 to 35
  • Students over the age of 35
  • Chart: Major Market Segmentation for the Business Certification & IT Schools Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Business Certification & IT Schools

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Business Certification & IT Schools Industry

  • Industry Globalization
  • Table: SkillSoft - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Business Certification & IT Schools Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Business Certification & IT Schools Industry
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Percentage of households with at least one computer (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Cloud Computing
  • A technology that uses the internet and central remote servers to store and maintain data and applications.
  • Massive Open Online Course (Mooc)
  • An online course aimed at unlimited and free participation via the internet.
  • Secretarial
  • Clerical work that typically involves administrative tasks such as correspondence and scheduling.
  • Vendor-Certified Training
  • A course that is licensed to teach a company's specific product or software.
  • What Our Customers Say

    Why buy this report?

    The Business Certification & IT Schools Industry Research Report measures market size, analyses current and future trends, and provides an indication of market share for the industry’s largest companies. IBISWorld’s collection of industry market research reports gives you insightful, up-to-date information on the supply chains, economic drivers, and key buyers and markets for hundreds of industries.

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    This report on Business Certification & IT Schools:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Business Certification & IT Schools market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Business Certification & IT Schools, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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