Education Sector Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 3/11/2024
SIC Codes: 82
NAICS Codes: 61
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Education Sector Industry Profile

Institutions in this industry provide instruction and training to students enrolled in elementary through high schools, colleges and universities, and training centers that offer industrial, professional, and vocational programs. Institutions include public, private, and nonprofit as well as for-profit businesses.

The states with the largest school districts in the US include Texas, California, and Ohio. Major US private universities include as Duke, Harvard, Johns Hopkins, and New York University; leading institutions outside of the US include the universities of Cambridge and Oxford, both located in the UK. Top for-profit education companies include Adtalem Global Education, Apollo Education Group, Perdoceo Education Corporation, and Purdue University Global, and Stride Inc (all based in the US); as well as Benesse Holdings (Japan), New Oriental Education & Technology Group (China), and NIIT Limited (India).

Global demand for education services is growing as nations seek to educate their workforce and expand workers' vocational and technological skills. A shortage of teachers is impacting education in many countries, especially in developing nations, according to the United Nations (UN).

The education sector in the US includes about 77,000 institutions and schools with total revenue of about $65 billion.

Separate industry profiles about Public Schools, Private Schools, Colleges & Universities, Community Colleges, and Education & Training Services provide more detailed coverage of these industries.

COMPETITIVE LANDSCAPE

Funding-related challenges have a major bearing on competition at every level of the education sector. ...

 
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