The educational services market includes establishments providing training and instructions in a wide variety of subjects. The instruction and training is typically provided in schools, colleges, universities, and training centers.
The top five companies covered are University of California System, Texas A&M University, University of Michigan, Columbia University and Harvard University. The University of California was the largest company in the educational services market in 2017.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
Educational Services Market Size
The global educational services market was valued at around $2 trillion in 2017. Asia Pacific was the largest region in the educational services market in 2017, accounting for 43% market share. China was the largest country in the market in 2017, accounting for under 22% market share.
Educational Services Market Trend
Flipped classroom model of teaching is enhancing the students learning experience by creating an interactive atmosphere in classrooms. In flipped classroom, students view lecture materials or video lectures as homework prior to coming to class. In-class time, interactive discussions and collaborative works are performed under the guidance of the teacher. Flipped classroom gives students the flexibility to consume the lecture material at own pace and come prepared to ask specific questions in class.
Educational Services Market Segmentation The educational services market is segmented into Elementary And Secondary Schools, Colleges, Universities, And Professional Schools, and Other Educational Services.
Elementary And Secondary Schools segment includes establishments providing academic courses and associated course work to basic preparatory education i.e. kindergarten through 12th grade.
Colleges, Universities, and Professional Schools segment includes establishments providing academic courses and granting degrees at baccalaureate or graduate levels.
Other Educational Services segment includes establishments providing academic or domain specific training. This industry includes junior colleges, business and secretarial schools, computer training, professional and management development training, cosmetology and barber schools, flight training, apprenticeship training, other technical and trade schools, fine arts schools, sports and recreation instruction, language schools, exam preparation and tutoring, automobile driving schools, all other miscellaneous schools and instruction, and educational support services.