Education & Training Services
Brief Excerpt from Industry Overview Chapter:
Companies in this industry include business and secretarial schools; technical and trade schools; and providers of tutoring, exam preparation, and other instruction. Major companies include Adtalem Global Education, Apollo Education Group, Kaplan, Stride K12, and Perdoceo Education Corporation (all based in the US); as well as Benesse Holdings (Japan), New Oriental (China), and NIIT (India).
The education and training services industry is in a transitional phase, as tighter government regulation of for-profit career schools has forced several institutions to close in recent years. At the same time, other career and technical education providers have benefited from growing support for vocational training from high schools, businesses, and government grant programs.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services offered by educational and training services include trade, career, technical and professional programs, which accounts for about 80% of the industry revenue. Other services include basic education and skills programs (about 10%). The following account for less than 5%, each: educational support and consulting services, private contributions, gifts and grants; and high career, technical, academic and research qualification.
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