Making the grade: Industry operators have benefited from increased demand for postsecondary education

The Education Consultants industry offers noninstructional services to both students and educational institutions, a service that has experienced an increase in popularity over the past five years, helping the industry grow strongly over the period. As college has become increasingly important for students and their families, citizens have become much more willing to contract industry consultants to advise on how to prepare their students for the admissions process. General economic growth has been a boon to the industry over the past five years.Over the next five years, many of the trends that are driving current performance are expected to endure, as income levels and the number of college students are expected to continue rising...purchase to read more.

Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 12-17
4.8%
Forecast Growth 17-22
Profit
Employment
34,759
Businesses
25,736
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Consumer wealth has enabled operators to raise consulting rates, which has put upward pressure on margins and revenue
  • Operators help students craft applications that make them better candidates for admission
  • Consumers have expressed increasing interest in postsecondary education
  • Industry Report - Industry SWOT Analysis Chapter

    The Education Consultants industry is in the growth stage of its life cycle, which is characterized by growth that is faster than the overall economy, an increasing number of industry players and increased technological adoption. Over the past five years, the industry has experienced strong growth as a result of a growing consumer base and an increased focus on better educational outcomes.Over the 10 years to 2022, industry value added (IVA), measured as the industry's contribution to the overall economy, is projected to increase an annualized 5.1%, compared with annualized GDP growth of 2.1% over the same period. The value of educational consulting has been on the rise over the past five years as educational outcomes have become more important societally and economically. The...purchase to read more.

    Additional Insights for the Education Consultants Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Education Consultants 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 consumption and investment and Number of college students in the Education Consultants industry impact industry performance..

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    What's in this report

    What is the Education Consultants Industry?

    This industry provides noninstructional services to help students and organizations with educational planning. Education consultants are primarily self-employed, while school counselors are employed by a school. This industry does not include education branches of larger consulting firms, which are included in the Management Consulting industry (IBISWorld report 54161).

    Industry Products
  • College admissions consulting
  • Other postsecondary services
  • Financial planning
  • Institutional services
  • Industry Activities
  • Advising primary school students
  • Advising secondary school students
  • Advising postsecondary school students
  • Advising educational institutions
  • Advising governments on their school district planning
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Government consumption and investment
  • Number of college students
  • Per capita disposable income
  • Number of K-12 students

  • Current Performance
  • Student demand
  • Institutional competitors
  • Chart: Revenue Growth

  • Industry Outlook
  • Consumer demand trends
  • Profit pressures
  • Table: Education Consultants Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Education Consultants Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Educational Services
  • Consumers

  • Key Selling Industries
  • Commercial Leasing
  • Computer Stores
  • Office Stationery Wholesaling
  • Office Supply Stores

  • Products & Services
  • College admissions consulting
  • Other postsecondary services
  • Financial planning
  • Other
  • Institutional services
  • Chart: Education Consultants Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Postsecondary students
  • Elementary and secondary students
  • Other
  • Governments
  • Chart: Major Market Segmentation for the Education Consultants Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesOther
  • Chart: Cost Structure Benchmarking – Sector vs Education Consultants

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Education Consultants 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 Education Consultants 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 Education Consultants Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Educational Institutions
  • Schools or school districts
  • Educational Outcomes
  • Test scores and job placement
  • Management Consultants
  • Businesses in the Management Consulting industry (IBISWorld report 54161)
  • What Our Customers Say

    Why buy this report?

    The Education Consultants industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

    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 Education Consultants:
    • 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 Education Consultants 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 Education Consultants, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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