Education Advice Market size grows by USD 287.08 million | Market Research Insights highlights the growing demand for customized learning as a key driver

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

Attractive opportunities in the education consulting market by type and geography - forecast and analysis 2020-2024

Attractive opportunities in the education consulting market by type and geography – forecast and analysis 2020-2024

The market experienced a YOY growth rate of 1.04% in 2020 and will develop with a CAGR of almost 3% in 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).

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Supplier insight

  • The global education consultancy market is fragmented due to the presence of several global and regional players.

  • Vendors adopt different growth strategies, such as providing services through multiple distribution channels and designing specific services for educational institutions.

  • The market is also witnessing an increase in the number of M&A activities among suppliers.

  • Some suppliers focus on competing in the market by launching innovative products and expanding their share.

The report analyzes the market’s competitive landscape and provides information on several market suppliers, 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 about the growth strategies adopted by suppliers and their product offerings. Read free trial report.

Geographic market analysis

  • North America is the largest market for educational counseling with 38% of the global market share.

  • The growing number of unfilled job opportunities in the STEM industry and the increasing use of online tutorial models with and test and assessment solutions among K-12 students create significant growth opportunities in North America.

  • USA and Canada are the key markets for educational counseling in North America.

  • Countries like the United States, China, England, Germany, and Canada are expected to emerge as emerging markets for education counseling during the forecast period.

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

Key market drivers and challenges:

Key driver:

  • The market is driven by the growing demand for customized learning. The demand for customized learning is increasing worldwide.

  • Adapted learning gives students access to a wide range of knowledge sources, including online databases.

  • The growing popularity of customized learning is encouraging market vendors to offer a wide range of solutions to meet the growing demands of students.

  • For example, 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 customized learning models will drive the growth of the market.

Key challenge:

  • The growing popularity of open educational resources will hamper the growth of market players.

  • The wide availability of free content on the Internet reduces the reliance on education consulting services.

  • In addition, the expensive nature of education consulting services makes some end users look for sites that offer free online courses on various topics.

  • This is a growing concern that is expected to challenge market growth in the forecast period.

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Educational advice Market value chain analysis

It includes the following core components:

  • Entrances

  • Inbound logistics

  • Operations

  • Outbound logistics

  • Marketing and sales

  • Service

  • Support activities

  • Innovations

Related reports:

Market for learning management system by end user, implementation and geography – forecast and analysis 2021-2025

Test and assessment market for higher education by product and geography – forecast and analysis 2021-2025

Educational advice Market scope

Report coverage

details

Page number

120

Base year

2020

Forecast period

2020-2024

Growth momentum & CAGR

Accelerates at a CAGR of almost 3%

Market growth 2020-2024

USD 287.08 million

Market structure

Fragmented

Annual growth (%)

1.04% in 2020

Regional analysis

North America, Europe, APAC, South America and MEA

Execution of market contributions

North America with 38%

Key consumer countries

United States, China, United Kingdom, Germany and Canada

Competitive landscape

Leading companies, competitive strategies, extent of consumer engagement

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

Parental 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.

Adaptation area

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

About us:

Technavio is a leading global technology research and consulting company. Their research and analysis focuses on emerging market trends and provides practical insights to help companies 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 counters covering 800 technologies spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, extensive research and dynamic market insights to identify opportunities in existing and potential markets and assess their competitive positions in changing market scenarios.

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Technavio (PRNewsfoto / Technavio)

Technavio (PRNewsfoto / Technavio)

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SOURCE Technavio

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