Despite the recession, the industry has managed to expand over the past five years, bolstered by federal legislation and the essential nature of many educational support services. Growth will remain strong in the five years to 2019 as greater high school graduation rates spur demand for college placement tests, boosting revenue. Furthermore, increased use of online testing will aid profit margins by reducing wage costs.
Operators in this industry provide noninstructional support services for education industries. The major segments of this industry are educational testing services and educational consultants. This industry does not include computer software designers that develop education support software; those operations are included in the IT Consulting industry (IBISWorld industry report 54151).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.