Education Consulting Market to Grow Over $287 Million amid Pandemic | Forecasting Strategies for the New Normal | Technavio

Technavio has been monitoring the education consulting market and it is poised to grow by USD 287.08 million during 2020-2024, progressing at a CAGR of almost 3% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.

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Technavio has announced its latest market research report titled Global Education Consulting Market 2020-2024 (Graphic: Business Wire)

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Impact of COVID-19

The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have a low impact on the education consulting market. The market growth in 2020 is likely to increase compared to market growth in 2019.

Frequently Asked Questions:

• Based on segmentation by type, which is the leading segment in the market?
  
  The K-12 segment led the market in 2019.
  
  
• What are the major trends in the market?
  
  The growing importance of STEM education is the key trend in the market.
  
  
• At what rate is the market projected to grow?
  
  The market is projected to grow at a CAGR of almost 3% during 2020-2024.
  
  
• Who are the top players in the market?
  
  ClearView Consulting Co., Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Generation Ready Inc., Global Education Ltd., Innovatech Consulting, Insight Education Group Inc., Mobius Paradigms LLC, and My Learning Springboard Inc. are the top players in the market.
  
  
• What are the key market drivers and challenges?
  
  The market is driven by the rising demand for customized learning. However, the increasing popularity of open educational resources will hamper growth.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ClearView Consulting Co., Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Generation Ready Inc., Global Education Ltd., Innovatech Consulting, Insight Education Group Inc., Mobius Paradigms LLC, and My Learning Springboard Inc. are some of the major market participants. Although the rising demand for customized learning will offer immense growth opportunities, the increasing popularity of open educational resources is likely to pose a challenge for the market vendors. In a bid to help players strengthen their market foothold, this education consulting market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.

Education Consulting Market 2020-2024: Segmentation

Education Consulting Market is segmented as below:

• Type
  • K-12
  • Higher Education
• Geography
  • North America
  • Europe
  • APAC
  • South America
  • MEA

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Education Consulting Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The education consulting market report covers the following areas:

• Education Consulting Market Size
• Education Consulting Market Trends
• Education Consulting Market Industry Analysis

This study identifies the growing importance of STEM education as one of the prime reasons driving the Education Consulting Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Education Consulting Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist education consulting market growth during the next five years
• Estimation of the education consulting market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the education consulting market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of education consulting market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five forces summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Type

• Market segments
• Comparison by Type
• K-12 - Market size and forecast 2019-2024
• Higher education - Market size and forecast 2019-2024
• Market opportunity by Type

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Market drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Vendor landscape
• Landscape disruption
• Competitive landscape

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• ClearView Consulting Co.
• Edmentum Inc.
• Education Consulting Services LLC
• Education Elements Inc.
• Generation Ready Inc.
• Global Education Ltd.
• Innovatech Consulting
• Insight Education Group Inc.
• Mobius Paradigms LLC
• My Learning Springboard Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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View source version on businesswire.com: https://www.businesswire.com/news/home/20201124005233/en/