January 28, 2023

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Education Consulting Market – 38% of Growth to Originate from North America|Driven by the Rising Demand for Customized Learning |17000+ Technavio Reports

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Education Consulting Market: Rising demand for customized learning to drive growth

One of the key factors driving growth in the education consulting market is the rising demand for customized learning. The conventional methods of education enable the one-way flow of knowledge and provide access to a limited number of knowledge sources. The students now have access to a wide variety of knowledge sources through online databases.SCANTRON offers EVAEXAM, which is a software solution that assigns tests based on the preferences and policies of educational institutions. The growing demand for customized learning facilitates the need for necessary guidance such as education counseling, test preparation, planning and development, and administration.

 Education Consulting Market: Rising importance to be a major trend

The rising importance of STEM education is another major factor supporting the education consulting market share growth.STEM job opportunities are expected to outpace the growth of non-STEM job opportunities. Basic STEM education is essential in cracking several competitive exams in countries such as India to gain admission to higher education institutions. Students are increasingly seeking the guidance of education consulting firms at the very beginning of their secondary education. The increasing STEM job opportunities, coupled with the rising competition in STEM competitive exams, will encourage several students to opt for education consulting services.

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Education Consulting Market: Segmentation Analysis

This market research report segments the education consulting market by Type (K-12 and higher education) and Geography (North America, Europe, APAC, South America, and MEA).

The education consulting market share growth in the K-12 segment will be significant during the forecast period.  The number of K-12 educational institutions is increasing across the world, which, in turn, is driving the demand for professional education consulting services. As primary and secondary-level educational institutions are adopting an interactive, example-oriented approach toward learning, several students are seeking education consulting services. Hence, the K-12 segment is expected to witness significant growth during the forecast period. K-12 schools are taking certain innovative measures. For instance, K-12 schools are encouraging the adoption of innovative, bundled content packages which are being offered by various education consultants. Such packages contain relevant course materials and assignments. Furthermore, Government organizations in several countries across the world are also supporting virtual schools for K-12 education. With an increase in Internet penetration, the demand for digital educational publishing will increase in tier-2 and tier-3 cities. Thus, the role of digital educational publishing at the K-12 level is expected to trigger the demand for education consulting services, which will positively impact the growth of the segment during the forecast period.

Technavio report provides an accurate prediction of the contribution of all the segments to the growth of the education consulting market size and actionable market insights on each segment.

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Related Reports:

  • The online education market in India is expected to increase by USD 2.28 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 20%. Download a free sample now!
  • The K-12 online education market in China is expected to increase by USD 18.93 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 15.45%. Download a free sample now!

Education Consulting Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 5.01%

Market growth 2021-2025

USD 579.19 million

Market structure

Fragmented

YoY growth (%)

3.89

Performing market contribution

North America at 38%

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BRITANNICA EDUCATION CONSULTING LTD., Broils Consulting Group LLC, ClearView Consulting Co., Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Edway Education Consulting, ELITE SCHOLARS OF CHINA, Generation Ready Inc., and Global Education Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Content

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 – 2025

Five Forces Analysis

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • K-12 – Market size and forecast 2020-2025
  • Higher education – Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2020-2025
  • Europe – Market size and forecast 2020-2025
  • APAC – Market size and forecast 2020-2025
  • South America – Market size and forecast 2020-2025
  • MEA – Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • BRITANNICA EDUCATION CONSULTING LTD.
  • Broils Consulting Group LLC
  • ClearView Consulting Co.
  • Edmentum Inc.
  • Education Consulting Services LLC
  • Education Elements Inc.
  • Edway Education Consulting
  • ELITE SCHOLARS OF CHINA
  • Generation Ready Inc.
  • Global Education Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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