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Community Colleges in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Community Colleges Market Research Report | NAICS 61121 | Oct 2016

Higher education: Enrollment remains strong, but constrained funding will limit expansion

The Community Colleges market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$66bn
Annual Growth 11-16
-0.4%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
669,450
Businesses
1,839
Industry Threats & Opportunities
  • Steady demand for skilled professions such as nurses and electricians will stimulate enrollment
  • Tuition fees have increased over the past five years because of declining government funding
  • Federal tuition assistance to students will boost demand for education services
  • ... purchase to read more

Industry Analysis & Industry Trends

The Community Colleges industry decreased slightly over the past five years. As a result of slow economic recovery, government funding for universities fell, causing revenue to decrease as well. However, high demand for technical training and online education were able to positively impact the industry. In the five years to 2019, his industry is projected to return to growth due to renewed government education funding. While the recovering labor market will cause some individuals to forgo higher education, steady demand for skilled professions such as nurses and electricians will stimulate enrollment in technical and vocational courses... ... purchase to read more

Industry Report - Industry Locations Chapter

Community colleges are located in all states of the nation, and establishments are distributed according to population. According to the National Center for Education Statistics (NCES), community colleges are spread across all community types, with 29.0% in cities, 29.0% in rural areas, 24.0% in towns and 18.0% in suburban areas. Despite government budget cuts over the past five years, the Community Colleges industry has been fairly stable due to strong demand for education. As a result, institution locations have exhibited minimal movement.

Private for-profit institutions grew rapidly over the past five years. These institutions are concentrated in high population states and regions due to the strong demand for community colleges. Pub.. ... purchase to read more

Additional Insights for the Community Colleges Industry

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

  • Accessibility to students
  • Ability to attract local support
  • Ability to educate the wider community
  • IBISWorld analysts also discuss how external factors such as Government funding for universities and High school retention rate in the Community Colleges industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Community Colleges Industry?

    Community colleges are post-secondary educational institutions offering college transfer courses and programs (including the first two years of college instruction); vocational, technical and semiprofessional occupational programs; and general educational programs. Community colleges confer associate degrees, certificates or diplomas below the baccalaureate level. This industry includes public, private nonprofit and for-profit community colleges.

    Industry Products
    Liberal arts and sciences associate degreesHealthcare profession associate degreesBusiness management associate degreesOther associate degreesCertificate and non-degree programs
     
    Industry Activities
    Providing associate degree educationProviding technical and vocational certificate educationPreparing students for transfers to four-year colleges and universitiesProviding continuing and adult education


    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 universities
  • High school retention rate
  • National unemployment rate
  • Poverty rate
  • Current Performance
  • State and local funding declines
  • Tuition and enrollment increases
  • Online growth
  • Chart: Revenue Growth
  • Industry Outlook
  • Government assistance grows
  • Online education continues to grow
  • Demand for skilled professions grow
  • Table: Community Colleges Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Community Colleges Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Professional, Scientific and Technical Services
  • Healthcare and Social Assistance
  • Colleges & Universities
  • For-Profit Universities
  • Key Selling Industries
  • Book Publishing
  • Book, Magazine & Newspaper Wholesaling
  • Computer & Packaged Software Wholesaling
  • Computer Manufacturing
  • Janitorial Services
  • Municipal Building Construction
  • Office Stationery Wholesaling
  • Products & Services
  • Certificate and non-degree programs
  • Liberal arts and sciences associate degrees
  • Healthcare profession associate degrees
  • Business management associate degrees
  • Other associate degrees
  • Chart: Community Colleges Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Students aged 20 to 24
  • Students aged 18 to 19
  • Students aged 30 to 39
  • Students aged 25 to 29
  • Students aged 40 and over
  • Students under 18
  • Students with unknown ages
  • Chart: Major Market Segmentation for the Community Colleges Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Community Colleges
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Community Colleges Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Community Colleges 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 Community Colleges Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • High school retention rate (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    High School Retention Rate
  • The percentage of 18- to 24-year-olds no longer enrolled in high school with a high school diploma or equivalent.
  • Online Education
  • A method of learning where student take courses off campus, such as via the internet.
  • Title Iv
  • A program authorized under Title IV of the Higher Education Act that is the major source of federal student aid. Programs include loans, grants and federal work study programs.

  • Why Buy this Report?
    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 Community Colleges:
    • 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 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 Community Colleges 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 Community Colleges, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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