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Business Certification & IT Schools in the US - Industry Market Research Report

Business Certification & IT Schools in the US

The Business Certification and IT Schools industry provides online and in-person vocational and technical training courses. The industry has struggled in recent years due to rising competition from junior colleges, trade schools and universities. As traditional administrative work has become increasingly technologically demanding, individuals have turned away from industry services and opted for alternative forms of higher education. As a result, demand for business certification and IT schools has fallen and industry revenue is expected to decline over the five years to 2019. To stand out in an increasingly computer-literate world, many IT professionals need advanced degrees that this industry does not supply. Falling demand for industry services has forced many small-scale operators to exit the industry. Moving forward, the industry is expected to continue declining as competition from other forms of higher education and online learning platforms continue to reduce enrollment in industry schools. Over the five years to 2023, total industry revenue is projected to decrease. As revenue declines, small-scale institutions will look for ways to cut operating costs, while the industry's largest operators will offer more online courses, giving students the option to attend classes remotely while reducing the number of paid instructors.

Establishments in this industry offer career vocational and technical courses. They also offer courses in computer programming, which provides curriculum for software packages, computerized business systems, computer electronics technology and local area network management. Classes may be provided in training facilities or online.

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.

  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Percentage of households with at least one computer
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
  • Major Companies
    • Table Major Players
    • Table Skillsoft (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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