Back to school: More affordable and flexible classes will propel industry growth

Operators in the Business Coaching industry offer leadership and management training courses, including courses to enhance knowledge in particular areas, such as information technology and change management. The industry is heavily reliant on demand from its largest market, the middle and senior management of US corporations. After rebounding from a period where businesses cut back on nonessential expenses, including employee business coaching programs, the industry flourished. IBISWorld estimates that revenue will increase over the five years to 2018. Over the five years to 2023, the Business Coaching industry is anticipated to experience steady growth...purchase to read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 13-18
1.6%
Forecast Growth 18-23
Profit
Employment
95,770
Businesses
52,882
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Job seekers attempting to strengthen their bids for positions have sought out business coaches more frequently
  • New enterprises and establishments are leading to higher employment
  • Industry profit margins are expected to increase
  • Industry Report - Industry Products Chapter

    The product segmentation of this industry has undergone changes over the past decade. The advent of business coaching and ongoing changes to the business environment have affected the content of training courses. Increasing globalization, widespread use of technology and an aging workforce have all contributed to these changing services. In general, these factors have increased demand for services provided by this industry. Courses in this industry relate to professional development, management development, quality assurance training and business coaching...purchase to read more.

    Additional Insights for the Business Coaching Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Business Coaching Industry are

  • Ability to alter goods and services produced in favor of market conditions
  • Provision of superior after sales service
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Corporate profit and Per capita disposable income in the Business Coaching industry impact industry performance..

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    What's in this report

    What is the Business Coaching Industry?

    This industry includes companies that offer short duration courses and seminars for management and professional development. Training is provided through public courses or through employers’ training programs, and the courses can be customized or modified. Instruction may be provided at the company’s training facilities, client or educational institutions, the workplace or the home and via television or the internet.

    Industry Products
  • Management development training
  • Professional development training
  • Quality assurance training
  • Business coaching
  • Industry Activities
  • Providing management development training
  • Providing professional development training
  • Providing quality assurance training
  • Providing business coaching
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Corporate profit
  • Per capita disposable income
  • Households earning more than $100,000
  • Investor uncertainty
  • Number of employees

  • Current Performance
  • Income levels and corporate profit
  • Industry structure
  • Technology
  • Chart: Revenue Growth

  • Industry Outlook
  • Economic recovery
  • New technology, rising competition
  • Growing markets
  • Table: Business Coaching Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Business Coaching Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Professional Organizations
  • Public Administration
  • Colleges & Universities
  • For-Profit Universities
  • Consumers

  • Key Selling Industries
  • Book, Magazine & Newspaper Wholesaling
  • Commercial Leasing
  • Computer Stores
  • IT Consulting
  • Office Supply Stores

  • Products & Services
  • Professional development training
  • Other
  • Management development training
  • Business coaching
  • Quality assurance training
  • Chart: Business Coaching Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Customers 46 to 54 years old
  • Customers 35 to 44 years old
  • Customers 55 years old and older
  • Customers 26 to 34 years old
  • Customers less than 25 years old
  • Chart: Major Market Segmentation for the Business Coaching Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesMarketingRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Business Coaching

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Business Coaching Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Business Coaching 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 Coaching Industry
    Includes:
  • Industry Revenue (2009-2023)
  • Industry Gross Product (2009-2023)
  • Establishments (2009-2023)
  • Businesses (2009-2023)
  • Employment (2009-2023)
  • Wages (2009-2023)
  • Number of employees (2009-2023)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Blended Learning
  • A combination of both online and traditional instruction.
  • Change Management
  • An organizational process aimed at empowering employees to accept and embrace changes in their current business environment.
  • Distance Education
  • Education delivered to students who are not physically on site in a traditional classroom or campus.
  • Webinar
  • A presentation, lecture, workshop or seminar that is transmitted over the internet.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Business Coaching Industry Research Report contains up-to-date data and analysis, allowing you to identify the strengths and potential weaknesses of major companies in the industry. Build your credibility with clients and prospects by sharing insights into the current and emerging trends driving their industry. Our market research gives you the tools to win new business and keep existing clients.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Business Coaching:
    • 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 Coaching 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 Coaching, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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