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Education and Training Services - Industry Analysis Provides Easy-to-Use and up-to-Date Industry Research Necessary to Stay on Top of Constant Changes in the US Education and Training Services

Business Wire, Oct 26, 2007

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c72854) has announced the addition of "Education and Training Services - Industry Analysis" to their offering.

Covering over 175 industries and updated every 90 days, the First Research Industry Profiles do the ""heavy lifting"" for you - saving your sales team valuable research time, enhancing client communications and giving you the competitive edge to win more business.

Easy-to-use and up-to-date, the Industry Profiles provide you with the industry research necessary to stay on top of constant changes in select industries.

The First Research profiles help target your products and services directly to prospects. The Industry Profiles provide the information and understanding you need to engage new prospects during the sales process, deepen customer relationships and strengthen your own bottom line.

Executive Summary

Brief Excerpt from Industry Overview Chapter:

The education and training services industry includes about 45,000 companies and 300,000 self-employed individuals with combined annual revenue of nearly $30 billion. Major companies include Kaplan; Career Education Corporation (CEC); ITT Technical Service; and Sylvan Learning. The industry is highly fragmented: depending on the segment, the 50 largest companies represent only 15 to 40 percent of total revenue.

Education and training services is a broad category that encompasses job-specific certification; professional training; and classes emphasizing self-fulfillment, leisure, and hobbies. Many of the industry & programs, classes, and training services fall under the category of Career and Technical Education (CTE), historically known as vocational education. High schools, community colleges, universities, and educational support services aren't included in this industry.

COMPETITIVE LANDSCAPE

Demand for certification classes is driven by employment trends in the medical, high technology, and manufacturing industries. Demand for classes emphasizing self-fulfillment is driven by personal income. The profitability of individual companies depends on maintaining low operating costs and recruiting enough students. Large companies have advantages in marketing and offering a wide range of classes and services. Small companies can compete effectively through personalized service and customized instruction. The industry is highly labor-intensive: average annual revenue per worker is around $80,000.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services include management development and training (16 percent of industry revenue); technical and trade schools (15 percent); and computer training (13 percent). Other services include fine arts schools, ...

Report Breakdown

- Industry Overview

- Quarterly Industry Update

- Business Challenges

- Trends AND Opportunities

- Call Preparation Questions

- Financial Information

- Industry Forecast

- Website and Media Links

- Glossary of Acronyms

For more information visit http://www.researchandmarkets.com/reports/c72854

COPYRIGHT 2007 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning
 

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