Education Consulting Market to grow at a CAGR of 5.37% from 2022 to 2027, the evolving role of educational technologies to be a major trend in the market – Technavio

NEW YORK, March 16, 2023 /PRNewswire/ — The global education consulting market size is estimated to grow by USD 677.89 million from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 5.37% during the forecast period. The evolving role of educational technologies is a primary trend fueling the growth of the global education consulting market. The advances in technology have resulted in the evolution of its role in education. Educational institutions introduce assessments including digital badging and micro-credentials, and several vendors offer such advanced technologies. For instance, Pearson introduced digital credentials in higher education, enabling students to reach their professional and personal goals. The use of such technologies improves student performance and helps teachers monitor their performance. Hence, the evolving role of educational technologies is expected to positively influence the growth of the global educational consulting market during the forecast period.

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Education Consulting Market – Segmentation Assessment
Segment Overview
Technavio has segmented the market based on type (k-12 and higher education) and geography (North America, Europe, APAC, South America, and Middle East and Africa).

  • The market share growth in the online segment is significant for the growth of the global education consulting market during the forecast period. An online education consulting platform allows users to seek guidance based on the information provided about the service, like the name of the educational institution, placement, contact information, and others. The rising internet penetration and a surge in the number of smartphone users globally have removed time and geography barriers. Digital educational consultancy services offer a user-friendly and efficient system of virtual counseling. Some of the prominent factors driving the online platform segment include the growing demand for virtual interactions and easy access to online information.

Geography Overview
By geography, the global education consulting market is segmented into North America, Europe, APAC, South America, and Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global education consulting market.

  •  North America is projected to contribute 38% of the growth of the global education consulting market during the forecast period. The US and Canada are among the major markets for education consulting services in the region. A large number of vendors in the region operate out of the US. The increasing number of job vacancies in the STEM industry is expected to drive the growth of the market in North America.

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Education Consulting Market – Market Dynamics
Key factor driving market growth
The demand for customized learning is rising across the world. Conventional education methods enable the one-way flow of knowledge and provide access to limited sources. However, students have access to various knowledge sources, such as online databases, meaning they are aware of and desire a customized learning experience. To provide customized assessments for various students, the educational software solution checks the course structure and enrollment-related information.

Moreover, the educational software supports students with disabilities and allows them to develop their own questions. The availability of such products has encouraged several universities to adopt customized course content. Hence, the rising demand for customized learning is expected to drive the growth of the market during the forecast period.

Major challenges hindering the market growth

The rising popularity of open-source educational resources is a key challenge impeding market growth during the forecast period. The increasing availability of free or low-priced open-source textbooks reduces the demand for education consulting services, impacting the sales revenue in the global education consulting market during the forecast period. The pervasive nature of free online educational content reduces the dependence on education consulting services. Hence, the availability of free online courses has a negative impact on education consulting services, hindering the growth of the market.

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What are the key data covered in this Education Consulting Market report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the education consulting market between 2023 and 2027
  • Precise estimation of the size of the education consulting market and its contribution to the market with a focus on the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the education consulting market across North America, Europe, APAC, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of education consulting market vendors

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Education Consulting Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.37%

Market growth 2023-2027

USD 677.89 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.78

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 38%

Key countries

US, Canada, China, Japan, Germany, and UK, Canada, Mexico, Italy,Spain, India, Japan, Australia, and South Korea

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Anglia Education Consulting Ltd., Broils Consulting Group LLC, ClearView Consulting Co., Colton Strawser Consulting LLC, Credo, Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., EducationCounsel LLC, ELITE SCHOLARS OF CHINA, Generation Ready Inc., Global Education Ltd., Innovatech Solutions Inc., Insight Education Group Inc., Jinan Overseas, Margery Ginsberg, My Learning Springboard Inc., Prismatic Services Inc., Singapore Education Consulting Group, and WhitworthKee Consulting

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

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Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Platform
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
  • 3.4 Market outlook: Forecast for 2022-2027 
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global education consulting market 2017 – 2021 
    • Exhibit 18: Historic Market Size – Data Table on Global education consulting market 2017 – 2021 ($ million)
  • 4.2 Platform Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Platform Segment 2017 – 2021 ($ million)
  • 4.3 Type Segment Analysis 2017 – 2021 
    • Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021 
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021 
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary
    • Exhibit 23: Five forces analysis – Comparison between2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Platform

  • 6.1 Market segments
    • Exhibit 30: Chart on Platform – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Platform – Market share 2022-2027 (%)
  • 6.2 Comparison by Platform 
    • Exhibit 32: Chart on Comparison by Platform
    • Exhibit 33: Data Table on Comparison by Platform
  • 6.3 Online – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Online – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Online – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Online – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Online – Year-over-year growth 2022-2027 (%)
  • 6.4 Offline – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Offline – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Offline – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Offline – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Offline – Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Platform 
    • Exhibit 42: Market opportunity by Platform ($ million)

7 Market Segmentation by Type

  • 7.1 Market segments
    • Exhibit 43: Chart on Type – Market share 2022-2027 (%)
    • Exhibit 44: Data Table on Type – Market share 2022-2027 (%)
  • 7.2 Comparison by Type
    • Exhibit 45: Chart on Comparison by Type
    • Exhibit 46: Data Table on Comparison by Type
  • 7.3 K-12 – Market size and forecast 2022-2027 
    • Exhibit 47: Chart on K-12 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on K-12 – Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on K-12 – Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on K-12 – Year-over-year growth 2022-2027 (%)
  • 7.4 Higher education – Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Higher education – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Higher education – Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Higher education – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Higher education – Year-over-year growth 2022-2027 (%)
  • 7.5 Market opportunity by Type 
    • Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 59: Chart on Geographic comparison
    • Exhibit 60: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027 
    • Exhibit 61: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 62: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 63: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 64: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027 
    • Exhibit 65: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 66: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 67: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 68: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 APAC – Market size and forecast 2022-2027 
    • Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)
  • 9.6 South America – Market size and forecast 2022-2027 
    • Exhibit 73: Chart on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on South America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on South America – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on South America – Year-over-year growth 2022-2027 (%)
  • 9.7 Middle East and Africa – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
  • 9.8 US – Market size and forecast 2022-2027 
    • Exhibit 81: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.9 China – Market size and forecast 2022-2027 
    • Exhibit 85: Chart on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on China – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on China – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on China – Year-over-year growth 2022-2027 (%)
  • 9.10 Germany – Market size and forecast 2022-2027 
    • Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.11 UK – Market size and forecast 2022-2027 
    • Exhibit 93: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.12 Canada – Market size and forecast 2022-2027 
    • Exhibit 97: Chart on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on Canada – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on Canada – Year-over-year growth 2022-2027 (%)
  • 9.13 Japan – Market size and forecast 2022-2027 
    • Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.14 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.1 Market drivers
  • 10.2 Market challenges
  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
  • 10.4 Market trends

11 Vendor Landscape

  • 11.1 Overview
  • 11.2 Vendor landscape
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Anglia Education Consulting Ltd. 
    • Exhibit 112: Anglia Education Consulting Ltd. – Overview
    • Exhibit 113: Anglia Education Consulting Ltd. – Product / Service
    • Exhibit 114: Anglia Education Consulting Ltd. – Key offerings
  • 12.4 Broils Consulting Group LLC 
    • Exhibit 115: Broils Consulting Group LLC – Overview
    • Exhibit 116: Broils Consulting Group LLC – Product / Service
    • Exhibit 117: Broils Consulting Group LLC – Key offerings
  • 12.5 ClearView Consulting Co. 
    • Exhibit 118: ClearView Consulting Co. – Overview
    • Exhibit 119: ClearView Consulting Co. – Product / Service
    • Exhibit 120: ClearView Consulting Co. – Key offerings
  • 12.6 Colton Strawser Consulting LLC 
    • Exhibit 121: Colton Strawser Consulting LLC – Overview
    • Exhibit 122: Colton Strawser Consulting LLC – Product / Service
    • Exhibit 123: Colton Strawser Consulting LLC – Key offerings
  • 12.7 Credo
    • Exhibit 124: Credo – Overview
    • Exhibit 125: Credo – Product / Service
    • Exhibit 126: Credo – Key offerings
  • 12.8 Edmentum Inc.
    • Exhibit 127: Edmentum Inc. – Overview
    • Exhibit 128: Edmentum Inc. – Product / Service
    • Exhibit 129: Edmentum Inc. – Key offerings
  • 12.9 Education Consulting Services LLC 
    • Exhibit 130: Education Consulting Services LLC – Overview
    • Exhibit 131: Education Consulting Services LLC – Product / Service
    • Exhibit 132: Education Consulting Services LLC – Key offerings
  • 12.10 Education Elements Inc. 
    • Exhibit 133: Education Elements Inc. – Overview
    • Exhibit 134: Education Elements Inc. – Product / Service
    • Exhibit 135: Education Elements Inc. – Key offerings
  • 12.11 EducationCounsel LLC
    • Exhibit 136: EducationCounsel LLC – Overview
    • Exhibit 137: EducationCounsel LLC – Product / Service
    • Exhibit 138: EducationCounsel LLC – Key offerings
  • 12.12 ELITE SCHOLARS OF CHINA 
    • Exhibit 139: ELITE SCHOLARS OF CHINA – Overview
    • Exhibit 140: ELITE SCHOLARS OF CHINA – Product / Service
    • Exhibit 141: ELITE SCHOLARS OF CHINA – Key offerings
  • 12.13 Generation Ready Inc. 
    • Exhibit 142: Generation Ready Inc. – Overview
    • Exhibit 143: Generation Ready Inc. – Product / Service
    • Exhibit 144: Generation Ready Inc. – Key offerings
  • 12.14 Global Education Ltd. 
    • Exhibit 145: Global Education Ltd. – Overview
    • Exhibit 146: Global Education Ltd. – Product / Service
    • Exhibit 147: Global Education Ltd. – Key offerings
  • 12.15 Innovatech Solutions Inc. 
    • Exhibit 148: Innovatech Solutions Inc. – Overview
    • Exhibit 149: Innovatech Solutions Inc. – Product / Service
    • Exhibit 150: Innovatech Solutions Inc. – Key offerings
  • 12.16 Insight Education Group Inc. 
    • Exhibit 151: Insight Education Group Inc. – Overview
    • Exhibit 152: Insight Education Group Inc. – Product / Service
    • Exhibit 153: Insight Education Group Inc. – Key offerings
  • 12.17 WhitworthKee Consulting 
    • Exhibit 154: WhitworthKee Consulting – Overview
    • Exhibit 155: WhitworthKee Consulting – Product / Service
    • Exhibit 156: WhitworthKee Consulting – Key offerings

13 Appendix

  • 13.1 Scope of the report
  • 13.2 Inclusions and exclusions checklist 
    • Exhibit 157: Inclusions checklist
    • Exhibit 158: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 159: Currency conversion rates for US$
  • 13.4 Research methodology
    • Exhibit 160: Research methodology
    • Exhibit 161: Validation techniques employed for market sizing
    • Exhibit 162: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 163: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses 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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Originally published at https://www.prnewswire.com/news-releases/education-consulting-market-to-grow-at-a-cagr-of-5-37-from-2022-to-2027–the-evolving-role-of-educational-technologies-to-be-a-major-trend-in-the-market—technavio-301773154.html

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