Study up: The industry is expected to continue expanding as their popularity increases

The Charter Schools industry offer primary- and secondary-level education funded by public sources, but afforded more flexibility in curriculum design and implementation than traditional public schools. Successful implementation of charter schools is expected to raise enrollment significantly over the past five years. In the coming years, the industry is expected to continue to expand as their popularity increases. More districts will introduce charter schools as an option for public education. However, an increase in households earning over $100,000 will threaten the industry, as these families will be more likely to send their children to private school...read more.

Industry Statistics & Market Size
Revenue
$32bn
Annual Growth 12-17
10.5%
Forecast Growth 17-22
Profit
Employment
393,271
Businesses
7,686
What Our Customers Say

Industry Threats & Opportunities

  • Successful implementation of charter schools is expected to raise enrollment significantly
  • Educational outcomes have varied significantly for charter schools
  • Growth is due primarily to charter schools’ importance in inner cities
  • Industry Report - Industry Investment Chapter

    Charter schools demonstrate a low level of capital intensity. For every $1.00 spent of labor, charter schools spend $0.08 on capital. Labor costs account for the majority of all expenses, as schools must not only have teachers, but also administrators and support staff. Support staff includes janitorial and food service employees providing noneducational services to students.Buildings and instructional technology account for the majority of capital expenditures in this industry. Charter schools enjoy levels of freedom and flexibility in curriculum design and implementation not found in traditional public schools, so they may choose to employ new or different technology in their educational processes...purchase to read more.

    Additional Insights for the Charter Schools Industry

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

  • Ability to attract local support/patronage
  • Ability to take advantage of government funding
  • Maintaining a good reputation
  • IBISWorld analysts also discuss how external factors such as Urban population and Government funding for primary and secondary education in the Charter Schools industry impact industry performance..

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    What is the Charter Schools Industry?

    Charter schools offer primary or secondary education, but are subject to fewer rules, regulations and statutes than traditional public schools. They receive less public funding than traditional public schools, typically a fixed amount per pupil. Their students are still required to take state-mandated exams. Charter schools are nonprofit entities and can receive donations from private sources.

    Industry Products
  • Elementary schools
  • Secondary schools
  • K-12 schools
  • Ungraded
  • Industry Activities
  • Teaching basic literacy and numeracy
  • Establishing foundations in science, mathematics, geography, history and other social sciences
  • Providing access to extracurricular activities
  • Meeting accountability requirements outlined in the school's charter
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Urban population
  • Government funding for primary and secondary education
  • Number of K-12 students
  • Households earning more than $100,000

  • Current Performance
  • Exceptional growth
  • Mixed performance
  • Private school threats
  • Chart: Revenue Growth

  • Industry Outlook
  • Exceptional growth
  • Mixed performance
  • Private school threats
  • Table: Charter Schools Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Charter Schools Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Book, Magazine & Newspaper Wholesaling
  • Computer & Packaged Software Wholesaling
  • Household Furniture Manufacturing
  • Janitorial Services
  • Laboratory Supply Wholesaling
  • Office Stationery Manufacturing
  • Public School Bus Services

  • Products & Services
  • Elementary schools
  • Secondary schools
  • K-12 schools
  • Ungraded
  • Chart: Charter Schools Industry Products and Services Segmentation

  • Demand Determinants
  • Demographics
  • Other demand drivers

  • Major Markets
  • Cities
  • Suburbs
  • Rural areas
  • Towns
  • Chart: Major Market Segmentation for the Charter Schools Industry

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

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Charter Schools Industry

  • Industry Globalization
    Los Angeles Unified School DistrictNew York City Department of Education
  • Table: Los Angeles Unified School District - financial performance
  • Table: New York City Department of Education - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Charter 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 Charter Schools 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 K-12 Students (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    K-12
  • Kindergarten to 12th grade (end of secondary school)
  • No Child Left Behind (Nclb)
  • Legislation signed into law by President Bush in 2002 that sets performance guidelines for all students and stipulates what must be included in accountability reports to parents.
  • Race To The Top
  • Series of grants and funding meant for States that are "leading the way with ambitious yet achievable plans for implementing coherent, compelling, and comprehensive education reform. "
  • School District
  • Local governments with powers similar to that of a town or a county, including taxation and eminent domain.
  • Virtual Classroom
  • An online classroom that allows participants to communicate and interact with one another, view presentations and videos and engage in remote group work.
  • Why buy this report?

    IBISWorld’s industry research report on Charter Schools can be used to help you understand the industry’s market size, growth potential and major companies. Five-year forecasts provide insight into the industry’s prospects, so you can make decisions with confidence. This information is perfectly suited to informing your business plans, pitch books, benchmarking and SWOT analysis.

    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 Charter 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 Charter 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 Charter Schools, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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