| Standard Report | Premium Report | |
|---|---|---|
| Current State of the Industry |  |
|
| Market Size (industry trends) | |
|
| Market Forecast (5-year projection) | |
|
| Products/Services Breakdown | |
|
| Revenue per State | |
|
| Financial Metrics | |
|
| Salary & Compensation Statistics | |
|
| Public Company Information | |
|
| Key Private Companies | |
|
| Government Vendors | |
|
| Instant Download - Available immediately upon purchase | |
|
Download both PDF and Excel
|
|
|
| Download now: |
2024 U.S. Industry Statistics & Market Forecast - Educational Services
Market Size & Industry Statistics
The total U.S. industry market size for Educational Services:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
| Statistics | 2019 2020 2021 2022 2023 | |
|---|---|---|
| Market Size (Total Sales/Revenue) |
Order at top of page | |
| Total Firms | ||
| Total Employees | ||
| Average Revenue Per Firm | ||
| Average Employees Per Firm | ||
| Average Revenue Per Employee | ||
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
| Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| Market Forecast ($ millions) | |||||
| Projected Industry Growth Rate (%) | |||||
Industry Insights
Major trends affect the Educational Services industry include:- Remote and hybrid learning models adoption
- Shift towards personalized and adaptive learning technologies
- Increased use of artificial intelligence and machine learning in educational tools
- Growing emphasis on STEM education and coding skills
- Rising demand for lifelong learning and adult education programs
- Integration of mental health support and wellness programs into curricula
- Expansion of international education and global learning opportunities
- Enhanced focus on sustainability and environmental education
- Growth of private and charter school enrollments
- Proliferation of microcredentials and alternative certification programs
- Mounting pressure for affordability and student debt reduction
- Increasing use of blockchain for secure educational records and credentials
- Greater emphasis on experiential learning and industry partnerships
- Impact of socio-political factors on educational content and access
Product & Services Breakdown
Research products and services in the Educational Services industry generating sales. Note that products are broken into categories with different levels of classification.| Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
|---|---|---|---|
Industry Total |
|||
Basic Education & Personal Improvement Programs & Courses (Include Tuition For Literacy Programs, Ged, Second Language Programs, |
|||
Occupational, Technical, And Trade; Professional Development; And Management Training Programs And Courses |
|||
Higher Academic, Career/Technical, And Advanced Research Qualification Programs And Credit Courses |
|||
Leisure And Recreation Activities Instruction And Training |
|||
Exam Preparation And Tutoring Services |
|||
Educational Support Services |
|||
Educational Consulting Services |
|||
Rental Of Non-Residential Space In Buildings Or Other Facilities |
|||
Resale Of Merchandise |
|||
All Other Receipts |
|||
Contributions, Gifts, And Grants - Government |
|||
Contributions, Gifts, And Grants - Private |
|||
Investment Income, Including Interest And Dividends |
|||
Program Service Revenue Including Government Fees And Contracts |
|||
All Other Revenue |
|||
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.
Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.| Industry Average | Percent of Sales (Industry Benchmark) |
|
|---|---|---|
| Total Revenue | Order at top of page |
|
| Operating Revenue | ||
| Cost of Goods Sold | ||
| Gross Profit | ||
Operating Expenses | ||
| Pension, profit sharing plans, stock, annuity | ||
| Repairs | ||
| Rent paid on business property | ||
| Charitable Contributions | ||
| Depletion | ||
| Domestic production activities deduction | ||
| Advertising | ||
| Compensation of officers | ||
| Salaries and wages | ||
| Employee benefit programs | ||
| Taxes and Licenses | ||
| Bad Debts | ||
| Depreciation | ||
| Amortization | ||
| Other Operating Expenses | ||
| Total Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| EBIT (Earnings Before Interest and Taxes) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Educational Services company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.| Profitability & Valuation Ratios | Industry Average |
|---|---|
| Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Educational Services industry is performing. | |
| Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
| Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
| Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Educational Services measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
|
| Liquidity Ratios | Industry Average |
|---|---|
| Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
| Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
| Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
|
| Efficiency Ratios - Key Performance Indicators | Industry Average |
|---|---|
| Measure how quickly products and services sell, and effectively collections policies are implemented. | |
| Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
| Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
| Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
| Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
|
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 6% | Order at top of page |
||
| Top Executives | 8% | |||
| Chief Executives | 0% | |||
| General and Operations Managers | 8% | |||
| General and Operations Managers | 1% | |||
| Other Management Occupations | 5% | |||
| Education and Childcare Administrators | 6% | |||
| Education Administrators, Kindergarten through Secondary | 5% | |||
| Education Administrators, Postsecondary | 6% | |||
| Business and Financial Operations Occupations | 6% | |||
| Business Operations Specialists | 5% | |||
| Training and Development Specialists | 16% | |||
| Training and Development Specialists | 16% | |||
| Computer and Mathematical Occupations | 8% | |||
| Computer Occupations | 7% | |||
| Community and Social Service Occupations | 8% | |||
| Counselors, Social Workers, and Other Community and Social Service Specialists | 8% | |||
| Counselors | 8% | |||
| Educational, Guidance, and Career Counselors and Advisors | 8% | |||
| Educational Instruction and Library Occupations | 58% | |||
| Postsecondary Teachers | 10% | |||
| Health Teachers, Postsecondary | 6% | |||
| Health Specialties Teachers, Postsecondary | 6% | |||
| Nursing Instructors and Teachers, Postsecondary | 6% | |||
| Arts, Communications, History, and Humanities Teachers, Postsecondary | 8% | |||
| Miscellaneous Postsecondary Teachers | 7% | |||
| Career/Technical Education Teachers, Postsecondary | 6% | |||
| Postsecondary Teachers, All Other | 6% | |||
| Preschool, Elementary, Middle, Secondary, and Special Education Teachers | 29% | |||
| Elementary and Middle School Teachers | 16% | |||
| Elementary School Teachers, Except Special Education | 11% | |||
| Middle School Teachers, Except Special and Career/Technical Education | 7% | |||
| Secondary School Teachers | 9% | |||
| Secondary School Teachers, Except Special and Career/Technical Education | 8% | |||
| Special Education Teachers | 5% | |||
| Other Teachers and Instructors | 6% | |||
| Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors | 7% | |||
| Adult Basic Education, Adult Secondary Education, and English as a Second Language Instructors | 7% | |||
| Self-Enrichment Teachers | 29% | |||
| Self-Enrichment Teachers | 29% | |||
| Tutors | 14% | |||
| Tutors | 14% | |||
| Other Educational Instruction and Library Occupations | 12% | |||
| Instructional Coordinators | 8% | |||
| Instructional Coordinators | 8% | |||
| Teaching Assistants | 9% | |||
| Teaching Assistants, Except Postsecondary | 8% | |||
| Arts, Design, Entertainment, Sports, and Media Occupations | 13% | |||
| Entertainers and Performers, Sports and Related Workers | 12% | |||
| Athletes, Coaches, Umpires, and Related Workers | 11% | |||
| Coaches and Scouts | 11% | |||
| Healthcare Practitioners and Technical Occupations | 10% | |||
| Healthcare Diagnosing or Treating Practitioners | 8% | |||
| Therapists | 9% | |||
| Speech-Language Pathologists | 6% | |||
| Personal Care and Service Occupations | 8% | |||
| Other Personal Care and Service Workers | 7% | |||
| Recreation and Fitness Workers | 6% | |||
| Sales and Related Occupations | 6% | |||
| Sales Representatives, Services | 5% | |||
| Miscellaneous Sales Representatives, Services | 5% | |||
| Sales Representatives of Services, Except Advertising, Insurance, Financial Services, and Travel | 5% | |||
| Office and Administrative Support Occupations | 9% | |||
| Information and Record Clerks | 6% | |||
| Secretaries and Administrative Assistants | 6% | |||
| Secretaries and Administrative Assistants | 6% | |||
| Secretaries and Administrative Assistants, Except Legal, Medical, and Executive | 6% | |||
| Other Office and Administrative Support Workers | 5% | |||
Educational Services Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Educational Services industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Educational Services industry and adjacent sectors:| Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
| Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Educational Services industry. |
Source:
Innovation News
- Jun 13, 2024: Duke University patents Ceramide And Spingomyelin In Neurological Disorders
- Jun 13, 2024: Duke University patents Mechanochromism And Strain-induced Crystallization In Thiol-yne-derived Stereoelastomers
- Jun 13, 2024: Emory University patents Diruthenium Catalyst Compositions And Synthetic Processes Related Thereto
- Jun 06, 2024: Blue Planet Training raises $6 million in funding.
- Apr 19, 2024: Ace-Up raises $21 million in funding.
- Apr 04, 2024: Derivita raises $10 million in funding.
- Jan 29, 2024: Applied Frameworks trademarks "SOLUTION PROFITABILITY MANAGEMENT" - Software as a service (SAAS) services featuring software for pricing and packaging of customers solutions
- Jan 26, 2024: Howard University trademarks "HOWARD BISON" - Clothing, hats, footwear
- Jan 26, 2024: Howard University trademarks "HOWARD BISON" - Clothing, hats, footwear
Recent Federal Contracts for Educational Services
- Apr 02, 2024: OREGON HEALTH & SCIENCE UNIVERSITY (Portland, OR) awarded $3,558,829
- Apr 02, 2024: INSIGHTS TRAINING GROUP, LLC (Marion, VA) awarded $32,168,204
- Apr 02, 2024: THE HIGHER LEARNING COMMISSION (Chicago, IL) awarded $12,042
- Apr 02, 2024: WOLTERS KLUWER HEALTH, INC. (Philadelphia, PA) awarded $10,495
- Apr 02, 2024: CORNERSTONE ONDEMAND, INC. (Santa Monica, CA) awarded $106,860
- Apr 02, 2024: MANAGEMENT CONCEPTS, INC. (Tysons Corner, VA) awarded $648,119
Related Reports
Can't find what you're looking for? We have over a thousand
market research reports.
Ask us and an analyst will help you find what you need.