How big is the college student market?
There were approximately 19.6 million college students in the U.S. in 2019, with around 14.5 million enrolled in public colleges and a further 5.14 million students enrolled in private colleges. The figures are projected to remain relatively constant over the next few years.
How big is the continuing education market?
Continuing Medical Education Market Size to Reach Revenues of USD 11.57 Billion by 2026 – Arizton. The global continuing medical education market size to reach USD 11.57 billion by 2026, growing at a CAGR of 6.7% during the forecast period.
How much does the education industry make a year?
The education system in the U.S. is encountering an increasing interest among the international middle class. In 2020, the estimated revenue of the industry was US$77.1 billion.
How big is the higher education sector?
18, 2021 (GLOBE NEWSWIRE) — The global higher education market is projected to reach USD 2,367.51 billion by 2027, exhibiting a CAGR of 10.2% during the forecast period.
What is the average age of college students in America?
The average college student is 26.4 years of age.
How many students do not go to college?
The rate for college students (10.8 percent) increased from the previous year. All Youth Not Enrolled in School (Ages 16 to 24) In October 2020, 16.5 million persons ages 16 to 24 were not enrolled in school.
How big is the education market in the US?
Education Market Analysis: The Education market revenue was 5449 Million USD in 2019, and will reach 7818 Million USD in 2025, with a CAGR of 6.2% during 2020-2025. Education is the process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits.
How much is spent on higher education?
How much was invested in colleges and universities? In 2018, higher education institutions received a total of $1.068 trillion in revenue from federal and non-federal funding sources. Investments from the federal government were $149 billion of the total, representing 3.6% of federal spending.
What is the educational market?
Educational marketing is a marketing tactic that educates prospects on the value of the results they can get from using your products or services. It describes the process of teaching your leads about a certain topic or industry that can guide their purchasing decision.
Is the education industry profitable?
The vast majority of revenue in this industry comes from tuition or program fees. Gross profits tend to range from 60-90% depending on geographical location and subject matter, and net profit averages out to between 2-10%.
Is education a growing industry?
Game-based learning is anticipated to be a growing trend in the K-12 sector.
|Market size value in 2021||USD 106.04 billion|
|Revenue forecast in 2028||USD 377.85 billion|
|Growth rate||CAGR of 19.9% from 2021 to 2028|
|Base year for estimation||2020|
How much is the education industry worth 2021?
What is the market size of the Educational Services industry in the US in 2021? The market size, measured by revenue, of the Educational Services industry is $1.4tr in 2021.