December 8, 2021

Education Consulting Market size to grow by USD 287.08 Mn | Market Research Insights highlight the rising demand for customized learning as key driver | Technavio

NEW YORK, Nov. 19, 2021 /PRNewswire/ — “Education Consulting Market by Type and Geography – Forecast and Analysis Report 2020-2024″…

NEW YORK, Nov. 19, 2021 /PRNewswire/ — “Education Consulting Market by Type and Geography – Forecast and Analysis Report 2020-2024” has been added to Technavio’s offering. The report features ClearView Consulting Co., Edmentum Inc., Education Consulting Services LLC, and Education Elements Inc. among others as dominant players in the market.

The market witnessed a YOY growth rate of 1.04% in 2020 and will progress at a CAGR of almost 3% during the forecast period. The report segments the market by type (K-12 and higher education) and geography (APAC, Europe, MEA, North America, and South America).

View FREE Sample: to know additional highlights and key points on various market segments and their impact in coming years. 

Vendor Insights 

  • The global education consulting market is fragmented due to the presence of several global and regional players.
  • Vendors are adopting various growth strategies such as delivering services through multiple distribution channels and designing specific services for educational institutions.
  • The market is also witnessing a rise in the number of M&A activities among vendors.
  • Some vendors are focusing on competing in the market by launching innovative products and expanding their share.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

  • ClearView Consulting Co.
  • Edmentum Inc.
  • Education Consulting Services LLC
  • Education Elements Inc.
  • Generation Ready Inc.
  • Global Education Ltd.
  • Innovatech Consulting
  • Insight Education Group Inc.
  • Mobius Paradigms LLC
  • My Learning Springboard Inc. 

Find additional highlights on the growth strategies adopted by vendors and their product offerings. Read Free Sample Report. 

Geographical Market Analysis 

  • North America is the largest market for education consulting, holding 38% of the global market share.
  • The increasing number of unfilled job opportunities in the STEM industry and the rising adoption of online tutorial models with and testing and assessment solutions among K-12 students are creating significant growth opportunities in North America.
  • The US and Canada are the key markets for education consulting in North America. 
  • Countries such as the US, China, the UK, Germany, and Canada are expected to emerge as prominent markets for education consulting during the forecast period. 

Know more about this market’s geographical distribution along with the detailed analysis of the top regions. www.technavio.com/report/education-consulting-market-industry-analysis 

Key Market Drivers & Challenges:

Key driver:

  • The market is driven by the rising demand for customized learning. The demand for customized learning is increasing across the world.
  • Customized learning provides students access to a wide variety of knowledge sources, including online databases.
  • The rising popularity of customized learning is encouraging vendors in the market to offer a wide range of solutions to cater to the growing demands of students.
  • For instance, SCANTRON offers EVAEXAM. It is a software solution that assigns tests based on the preferences and policies of educational institutions. The learning model also supports students with disabilities and allows them to develop their questions.
  • The introduction of such customizable learning models will drive the growth of the market.

Key challenge:

  • The increasing popularity of open educational resources will hinder the growth of market players.
  • The wide availability of free content on the internet is reducing the dependence on education consulting services.
  • Besides, the expensive nature of education consulting services is driving some end-users to look for websites that offer free online courses on various topics.
  • This is a growing concern that is expected to challenge the growth of the market during the forecast period.

View free sample for highlights on market Trends & Challenges affecting the education consulting market. 

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Education consulting Market Value Chain Analysis 

It includes the following core components: 

  • Inputs 
  • Inbound logistics 
  • Operations 
  • Outbound logistics 
  • Marketing and sales 
  • Service 
  • Support activities 
  • Innovations

Related Reports:

Learning Management System Market by End-user, Deployment, and Geography – Forecast and Analysis 2021-2025

Higher Education Testing and Assessment Market by Product and Geography – Forecast and Analysis 2021-2025

Education Consulting Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of almost 3%

Market growth 2020-2024

USD 287.08 million

Market structure

Fragmented

YoY growth (%)

1.04% in 2020

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 38%

Key consumer countries

US, China, UK, Germany, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

ClearView Consulting Co., Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Generation Ready Inc., Global Education Ltd., Innovatech Consulting, Insight Education Group Inc., Mobius Paradigms LLC, and My Learning Springboard Inc.

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.

About Us: 

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides 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 across 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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SOURCE Technavio