Fine Arts Schools in the US - Industry Market Research Report

Published by: IBISWorld

Published: Jul. 19, 2012 - 34 Pages


Table of Contents

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Abstract

Fine Arts Schools in the US

Funding the arts

During the recession, reduced consumer incomes and business sentiment hurt enrollment and revenue at fine art schools. Althought these conditions will improve with the recovering economy, limited government funding will restrain revenue growth for this industry. In response, schools will increasingly tapping into corporate and philanthropic funding and orchestrating marketing campaigns befitting the industry's fine reputation.

This industry includes establishments that offer instruction in the subjects primarily concerned with the processes and products of human creativity and social life, including art (except commercial and graphic arts), dance, drama, music and photography (except commercial photography). The industry does not include programs that offer academic degrees, even if they specialize in fine arts.

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.

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