Press release
Education Consulting Market Expansion Continues, with Forecast Valuation of $5.81 Billion by 2029
Education Consulting Market
How Large Will the Education Consulting Market Size By 2025?
In recent times, the education consulting market size has undergone significant expansion. The market is set for an increase from $3.68 billion in 2024 to $4.04 billion in 2025, with a compound annual growth rate (CAGR) of 9.8%. Factors contributing to this historic period of growth include a surge in the demand for educational institutions, governmental strategies and structural reforms in education, an amplified emphasis on career-centric learning, and a growing demand for bespoke academic assistance.
How Big Is the Education Consulting Market Size Expected to Grow by 2029?
The size of the education consulting market is projected to enjoy robust expansion in the coming years, reaching a value of $5.81 billion in 2029 with an annual compound growth rate (CAGR) of 9.5%. The growth during the forecasted period could be due to the escalating competition within the education sector, the rise in internet usage, enhanced understanding of education planning, and the growing necessity for tailored learning solutions. Some of the key trends expected in the forecasted period are strategic alliances and collaborations, the growth of online and remote learning systems, efficient virtual advisory systems, and the effortless availability of online information.
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Which Key Market Drivers Powering Education Consulting Market Expansion and Growth?
The growth of the education consulting market is expected to be propelled by the augmenting internet penetration. The Internet, which is a vast network of interconnected computers globally that use standardized protocols for sharing information and resources, is becoming more widespread. This expansion is primarily due to the proliferation of reasonably priced smartphones, paired with better mobile network coverage, which allows a greater number of individuals to utilize digital platforms for not just communication and amusement, but also for educational purposes. The surge in internet penetration boosts education consulting by providing universal access to online resources, e-learning, and virtual counseling, thus amplifying the reach and efficiency of services. For instance, as per the report released by the International Telecommunication Union (ITU), a Switzerland-based intergovernmental organization, in November 2022, around 5.3 billion people, which is 66% of the global populace, utilized the Internet in 2022, showing a 6.1% increment in comparison to 2021. Therefore, it is clear that the escalating internet penetration is fueling the expansion of the education consulting market.
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Which Fast-Growing Trends Are Poised to Disrupt the Education Consulting Market?
Key players in the education consultancy market are concentrating on the creation of advanced technological solutions like professional education consulting services. These services aim to boost learning outcomes, refine academic strategies, and increase the efficiency of institutions. Professional educational consulting services offer specialized advice on academic planning, career guidance, admissions assistance, and institutional enhancement through the use of data-informed insights and technologically driven solutions. For example, Lenovo Group, a technology firm from Hong Kong, declared the launch of new consulting services in March 2023 intended to aid schools in strategic planning and professional growth for educators, furthering educational digital transformation. The plan seeks to augment the amalgamation of technology in classrooms, backed by collaborations with groups such as Tablet Academy and Education Elements. Lenovo also unveiled the ThinkVision S-Series interactive large format display, a device designed to better teaching and learning experiences.
What Are the Emerging Segments in the Education Consulting Market?
The education consulting market covered in this report is segmented -
1) By Service Type: Higher Education, Career Consulting, K-12 Education Consulting, Test Preparation Services, Institutional Consulting
2) By Mode Of Delivery: Offline Consulting, Online Or Virtual Consulting
3) By End-User: Students And Parents, Educational Institutions, Corporations
Subsegments:
1) By Higher Education: Admissions Consulting, Study Abroad Consulting, Financial Aid And Scholarship Guidance, University Ranking And Reputation Management, Faculty And Staff Training
2) By Career Consulting: Career Assessment And Counseling, Resume And Interview Preparation, Job Placement And Internship Assistance, Skill Development And Training Programs, Executive Coaching
3) By K-12 Education Consulting: School Accreditation And Compliance Consulting, Curriculum And Pedagogy Development, Special Education Support, Student Performance Analytics, Teacher Training And Professional Development
4) By Test Preparation Services: Standardized Test Coaching, College Entrance Exam Preparation, Professional Certification Exam Preparation, Tutoring And Personalized Learning Programs, Online And Digital Test Prep Solutions
5) By Institutional Consulting: Curriculum Framework Design, Education Policy Development And Reform, Institutional Accreditation And Compliance, Faculty And Leadership Training Programs, Digital Transformation And EdTech Integration
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Who Are the Global Leaders in the Education Consulting Market?
Major companies operating in the education consulting market are Deloitte Touche Tohmatsu Limited, Ernst & Young Global Limited (EY), KPMG International Limited, McKinsey & Company Inc., Boston Consulting Group Inc., PA Consulting Group Limited, L.E.K. Consulting LLC, Blackboard Inc., Cornerstone OnDemand Inc., Northwest Evaluation Association (NWEA), American Institutes for Research (AIR) Inc., Edmentum Inc., Nous Group Pty Ltd, Bain & Company Inc., EAB Global Inc., CIL Management Consultants Ltd, ClearView Consulting Co., SCHOOLWORKS LLC, Education Elements Inc., Anglia Education Consulting Ltd, FSG Inc., Uniagents.com Private Limited, Amplify Education Inc., Advance Education Inc., Broils Consulting Group LLC, Colton Strawser Consulting LLC.
Which are the Top Profitable Regional Markets for the Education Consulting Industry?
North America was the largest region in the education consulting market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the education consulting market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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