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

The Business Coaching 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 is expected to flourish over the five years to 2017. Although some companies will use internal resources for training, industry revenue is forecast to increase albeit at a slightly slower rate over the five years to 2022. In the future, the adoption of online training is expected to bolster the industry. This alternative is a more affordable and flexible option for customers and offers lower operating costs for training providers, putting upward pressure on margins...read more.

Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 12-17
3.5%
Forecast Growth 17-22
Profit
Employment
88,222
Businesses
51,946
Market Share of Companies
There are no companies with a dominant market share in this industry
What Our Customers Say

Industry Threats & Opportunities

  • In the future, the adoption of online training is expected to bolster the industry
  • Depressed demand and profit caused industry players to cut back on operational costs
  • Improving profit margins are expected to continue to bring more operators into the industry
  • Industry Report - Industry Analysis Chapter

    The rapid pace of technological change and overall shorter product life cycles have altered the skills required to be an effective manager. To keep up with these changes and develop the skills of senior employees, many companies use business coaching seminars, such as the ones offered by the Business Coaching industry. Large corporations have placed a greater value on seminars and workshops, resulting in higher industry demand. Courses related to new skills, such as information technology and change management, have been growing areas for the industry. As acceptance of the value of professional development and continuing education classes, the industry has benefited immensely, because companies looking to host these courses often seek out industry operators. Ove...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 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
  • Management development training
  • Business coaching
  • Quality assurance training
  • Chart: Business Coaching Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Customers between 36 and 45 years old
  • Customers between 46 and 55 years old
  • Customers between 26 and 35 years old
  • Customers between 56 and 65 years old
  • Customers less than 25 years old
  • Customers older than 65 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
  • Profit
  • Wages
  • Purchases
  • Marketing
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Business Coaching

  • Basis of Competition
    Internal competitionExternal 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 (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of employees (2008-2022)

  • 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.
  • Why buy this report?

    IBISWorld’s industry research report on Business Coaching contains five-year forecasts and data analysis that can help you identify and mitigate risks in potential new markets. Position yourself as an expert with internal stakeholders by using our comprehensive industry research to inform your reports, proposals and presentations. Our business information will save you money by helping you make better decisions, faster.

    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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