Making the grade: Higher school enrollment will support demand amid cuts to education funding

IBISWorld’s Testing & Educational Support 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.


Industry Threats & Opportunities

  • The increasing number of high school graduates will contribute to industry growth
  • This industry benefits from federal funding of elementary and secondary schools
  • Enrollment growth in elementary and secondary schools will remain steady

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    Industry Analysis & Industry Trends

    The controversial No Child Left Behind Act has been an important driver of revenue for the Testing and Educational Support industry over the past decade, since industry operators play a prominent role in administering the assessments that ensure schools meet federal guidelines. Therefore, the industry will be heavily impacted over the next five years by potential education reforms and fluctuations in federal funding. However, college enrollment will continue to expand over the period, and international student growth will continue, driven by high demand from China and India. While tighter state budgets will limit unnecessary expenditure, underlying demand for support services will remain...

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    Industry Report - Industry Locations Chapter

    Establishments in this industry tend to be located close to other educational institutions, such as elementary and secondary schools or universities and colleges. Consequently, the geographic spread is generally consistent with the population of each region. However, increasing use of internet-based educational services has reduced the need for establishments to be located close to educational institutions. This factor, which is particularly relevant for testing services, is expected to continue over the next five years.

    Although the Southeast accounts for the largest portion of industry establishments, at 21.3%, New York and California support the highest proportion of educational support services, being education hubs. The..

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    Additional Insights for the Testing & Educational Support Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Testing & Educational Support Industry are

  • Understanding government policies and their implications
  • Fast adjustments made to changing regulations
  • Access to highly skilled workforce
  • IBISWorld analysts also discuss how external factors such as Government funding for primary and secondary education and Number of college students in the Testing & Educational Support industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Testing & Educational Support Industry?

    Operators in this industry provide noninstructional support services for education industries. The major segments of this industry are educational testing services and educational consultants. This industry does not include computer software designers that develop education support software; those operations are included in the IT Consulting industry (IBISWorld industry report 54151).

    Industry Products
    Educational testing services
    Educational consulting
    Student exchange programs
    Other educational services
    Industry Activities
    Providing college selection services
    Providing educational consulting services
    Providing educational guidance counseling services
    Providing educational support services
    Providing educational testing services
    Attending school buses
    Facilitating student exchange programs

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Government funding for primary and secondary education
  • Number of college students
  • Number of K-12 students
  • Per capita disposable income

  • Current Performance
  • Higher college enrollment bolsters demand
  • The NCLB effect
  • Other services support growth
  • Chart: Revenue Growth

  • Industry Outlook
  • Enrollment remains strong
  • Online growth
  • Government legislation and support
  • Table: Testing & Educational Support Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Testing & Educational Support Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Community Colleges
  • Public Schools
  • Private Schools
  • Colleges & Universities
  • For-Profit Universities

  • Key Selling Industries
  • Book Publishing
  • Commercial Leasing
  • Software Publishing

  • Products & Services
  • Educational testing services
  • Educational consulting
  • Other educational services
  • Student exchange programs
  • Chart: Testing & Educational Support Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Elementary and secondary schools
  • Post-secondary institutions
  • Regulatory and trade associations
  • Other
  • Chart: Major Market Segmentation for the Testing & Educational Support Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Marketing
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Testing & Educational Support

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Testing & Educational Support Industry

  • Industry Globalization
    Major Companies
    Pearson PLCEducational Testing Service
  • Table: Pearson PLC - financial performance
  • Table: Educational Testing Service - financial performance

  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Testing & Educational Support Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

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

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Testing & Educational Support Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Government funding for primary and secondary education (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    American College Testing (Act)
  • A commonly used college admissions examination.
  • Graduate Record Examination (Gre)
  • A commercially run standardized test that is an admission requirement for many graduate schools in the United States and other English-speaking countries.
  • National Assessment Of Educational Progress (Naep)
  • A periodic assessment of student progress conducted in the United States by the National Center for Education Statistics, a division of the US Department of Education.
  • No Child Left Behind (Nclb)
  • Legislation signed into law by President Bush in 2002 that sets performance guidelines for all schools' students and stipulates what must be included in accountability reports to parents.
  • Test Of English As A Foreign Language (Toefl)
  • A test required by many institutions for international students who are applying to study in the United States.
  • Why buy this report?

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    This report on Testing & Educational Support:
    • 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 Testing & Educational Support 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 Testing & Educational Support, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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