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Public Schools in the US: Market Research Report

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

Public Schools Market Research Report | NAICS 61111a | Feb 2017

Extra credit: An increase in government funding will help struggling schools and boost revenue

The Public Schools 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
$719bn
Annual Growth 12-17
2.6%
Annual Growth 17-22
Annual Growth
Profit
Profit
Employment
6,321,715
Businesses
101,262
Industry Threats & Opportunities
  • As state budget deficits narrow, state education funding is projected to steadily recover
  • The Department of Education has championed the Common Core Standards
  • State budgetary shortfalls will not dissipate fully until the latter half of the next five years
  • ... purchase to read more

Industry Analysis & Industry Trends

Given operators' reliance on government funding, institutions in the Public Schools industry were unable to avoid state government budgetary problems that persisted during the sluggish economic recovery in the beginning of the five years to 2017. Federal funds helped soften this blow, but were unable to completely cover school budgets. Budget deficits, however, are expected to narrow over the next five years, resulting in renewed funding for public schools. Revenue is anticipated to increase over the five years to 2017. Over the five years to 2022, the Public Schools industry will likely experience a large degree of change under the Trump administration... ... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Public Schools industry is in the mature stage of its life cycle. In the 10 years to 2022, industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to grow at an annualized rate of 3.0%. This is faster than the projected US GDP annualized growth rate of 2.0% over the same period. The importance of primary and secondary education is widely accepted by the community and attendance is compulsory for students through the 10th grade; enrollment of school-age individuals approaches 100.0% every year. Consequently, growth cannot be stimulated much beyond the population growth rate. The government promotes the benefits of education, particularly for people from lower-income households. The.. ... purchase to read more

Additional Insights for the Public Schools Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Public 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 Government funding for primary and secondary education and Number of K-12 students in the Public Schools industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Public Schools Industry?

    The Public Schools industry includes elementary and secondary schools supported by government funds to provide free education for a community or district’s children from kindergarten through grade 12. Public schools all operate on a nonprofit basis.

    Industry Products
    Regular education elementary schoolsRegular education high schoolsNontraditional educationCharter schoolsMagnet schools
     
    Industry Activities
    Teaching basic literacy and numeracy Establishing foundations in science, mathematics, geography, history and other social sciencesProviding access to extracurricular activitiesCompleting standardized testing to meet regulatory and funding requirementsAdministering government and private funding efforts


    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 K-12 students
  • Households earning more than $100,000
  • Population
  • Current Performance
  • State and local funding issues
  • New standardization efforts
  • Enrollment outpaces growth of school districts
  • Charter schools on the rise
  • Chart: Revenue Growth
  • Industry Outlook
  • Charter and private schools set to grow
  • Merging districts and growing enrollment
  • Table: Public Schools Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Public Schools Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Book, Magazine & Newspaper Wholesaling
  • Computer & Packaged Software Wholesaling
  • Food Service Contractors
  • Household Furniture Manufacturing
  • Janitorial Services
  • Laboratory Supply Wholesaling
  • Municipal Building Construction
  • Office Stationery Manufacturing
  • Public School Bus Services
  • Tutoring & Driving Schools
  • Products & Services
  • Regular education elementary schools
  • Regular education high schools
  • Nontraditional education
  • Charter schools
  • Magnet schools
  • Chart: Public Schools Industry Products and Services Segmentation
  • Demand Determinants
  • Demographics
  • Other demand drivers
  • Major Markets
  • Elementary school students
  • High school students
  • Middle school students
  • Gifted students
  • Chart: Major Market Segmentation for the Public Schools 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 Public Schools
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Public Schools Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Public Schools 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 Public 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
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Charter School
  • An independent public school designed by educators, parents, community leaders, educational entrepreneurs and others that want to provide quality education tailored to students' needs.
  • Magnet School
  • A school that focuses on a particular discipline, such as science, mathematics, the arts or computer science, and designed to recruit students from other parts of the school district.
  • 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.
  • School District
  • Local governments with powers similar to that of a town or a county, including taxation and eminent domain.

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

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