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Business Coaching in the US: Market Research Report

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

Business Coaching Market Research Report | NAICS 61143 | Nov 2016

Back in business: Improved corporate profit and online classes will propel industry growth

IBISWorld’s Business Coaching 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.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$11bn
Annual Growth 11-16
2.6%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
91,971
Businesses
51,094
Industry Threats & Opportunities
  • In the future, the adoption of online training is expected to bolster the industry
  • New enterprises and establishments are leading to higher employment
  • Industry profit margins are expected to increase as demand for training services continues to rise
  • ... purchase to read more

Industry Analysis & Industry Trends

The Business Coaching industry relies heavily on demand from its largest market, the middle and senior management of US corporations, which left it vulnerable to declining corporate profit. Following a period where businesses cut back on nonessential expenses, including employee business coaching programs, the industry has flourished. Unfortunately for industry operators, training budgets diminished as the economy faltered, causing revenue to decline. Small operators, which represent the majority of industry operators, were particularly hurt by declining demand, with some being forced to leave the industry in response to poor operating conditions. However, improving corporate profit and employment rates are expected to increase the number of industry enterprises... ... purchase to read more

Industry Report - Industry Investment Chapter

The Business Coaching industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.07 in capital investment. As is the case for most industries in the education sector, wages and salaries account for a high proportion of industry revenue, resulting in high labor intensity. Business coaches are often skilled and accredited workers with experience in the fields in which they coach. This type of worker often commands a high salary, which pushes up labor expenditures. Capital investment is mainly in equipment, such as computers, and technology, such as voice over internet protocol software. 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... purchase to read more

     


    Industry ProductsRelated Reports

    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 trainingProfessional development trainingQuality assurance trainingBusiness coaching
     
    Industry Activities
    Providing management development trainingProviding professional development trainingProviding quality assurance trainingProviding business coaching


    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
  • 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
  • Products & Markets
    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
  • Competitive Landscape
    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 competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Business Coaching Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    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
    Key Statistics
  • Table: Industry Data for the Business Coaching Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Number of employees (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    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 web.

  • 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 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 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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