Authored By: Sarah
11 Jul 2024

 Education Consulting Market Size to grow by USD 771.98 million between 2024-2028

According to a research report “ Education Consulting Market” by Type (K-12, Higher education) Platform (Online, Offline) Geography (North America, Europe, APAC, South America, Middle East and Africa)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 771.98 million, at a CAGR of  5.78% during the forecast period. The global education market is witnessing a significant shift towards customized learning solutions in response to the rising demand for personalized educational experiences. Traditional education methods, which facilitate a one-way transfer of knowledge from instructors to students, are no longer sufficient. Students now have access to a multitude of knowledge sources, including online databases, and seek a learning experience tailored to their unique needs and preferences. SCANTRON, a prominent player in the education industry, addresses this demand through its EVAEXAM software solution. This innovative software assigns assessments based on the specifications of educational institutions, taking into account their policies and the course structures. By leveraging enrollment information, EVAEXAM provides customized assessments for diverse student populations, ensuring a more effective and engaging learning experience.

Browse market data tables, figures, and in-depth TOC on “Education Consulting Market” by Type (K-12, Higher education) Platform (Online, Offline) Geography (North America, Europe, APAC, South America, Middle East and Africa) Global Forecast to 2028. Download Free Sample

 

By Type, the K-12 segment is projected to dominate the market size in 2024

In the rapidly evolving education landscape, online mode of education consulting has emerged as a game-changer. Digital educational consultancies provide expert guidance through interactive platforms accessible over the Internet. These websites offer visitors the opportunity to engage in real-time doubt clarification and skill development. Key features include comprehensive information on education institutions, placements, and contact details. The removal of time and geographical constraints, coupled with the convenience of virtual counseling, is driving the demand for online education consulting services. With increasing Internet penetration and a burgeoning smartphone user base, this segment is poised for significant growth.

By Platform, Online  segment is expected to hold the largest market size for the year 2024

The global K-12 education market is experiencing significant growth due to the increasing number of primary and secondary schools worldwide. This trend is driving the demand for professional education consulting services, as students seek expert guidance in adopting interactive, example-oriented learning approaches. Innovative measures, such as the adoption of bundled content packages containing relevant course materials and assignments, are being embraced by K-12 institutions. Moreover, government organizations are supporting virtual schools for K-12 education, further fueling market expansion. The K-12 segment is poised for substantial growth during the forecast period, making it an attractive market for education consultants.

North America is forecasted to hold the largest market size by region in 2024

The education consulting market in North America, particularly in the US and Canada, is experiencing significant growth due to the burgeoning demand for skilled professionals in the Science, Technology, Engineering, and Mathematics (STEM) industry. In 2021, approximately 20% of US students graduated with STEM degrees, while the numbers from China and India were notably higher. The complexity of STEM subjects is a significant barrier, leading to a smaller pool of STEM graduates in the US. Consequently, K-12 students are disproportionately underrepresented in STEM course selections. Education consulting firms play a crucial role in addressing this challenge by providing tailored solutions to enhance STEM education and prepare students for rewarding careers in these fields.

The Education Consulting Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Anglia Education Consulting Ltd.
  • Boston Consulting Group Inc.
  • Broils Consulting Group LLC
  • ClearView Consulting Co.
  • Colton Strawser Consulting LLC
  • Credo
  • Edmentum Inc.
  • Education Consulting Services LLC
  • Education Elements Inc.
  • EducationCounsel LLC
  • Generation Ready Inc.
  • Global Education Ltd.
  • Innovatech Solutions Inc.
  • Insight Education Group Inc.
  • Jinan Overseas
  • Margery Ginsberg
  • My Learning Springboard Inc.
  • Prismatic Services Inc.
  • Singapore Education Consulting Group
  • L.E.K. Consulting LLC
.

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Research Analysis Overview

The Education Consulting Market encompasses a range of services designed to support educational institutions, private corporations, non-profit organizations, and government departments in enhancing their educational offerings. These services include course development for both offline and remote learning methods, customized solutions for clients, and expertise in educational technology, teacher training, assessment and evaluation, instructional design, and curriculum development. In today's digital age, there is a growing demand for consulting services that cater to the needs of K-12 Education, colleges, and schools. With the increasing popularity of remote learning methods, educational institutions are seeking expert guidance on implementing effective digital learning strategies. Moreover, the market for micro-credentials and digital badges is expanding, and assessment services and methods play a crucial role in recognizing and validating learning outcomes. Government departments and non-profit organizations also benefit from consulting services to develop and implement effective assessment and evaluation systems. Consulting services in educational technology are essential for institutions looking to leverage technology to enhance teaching and learning. Instructional design services ensure that educational content is engaging, effective, and accessible to students. Overall, the Education Consulting Market offers valuable solutions to clients seeking to improve educational outcomes and stay competitive in the ever-evolving educational landscape.

Market Research Overview

The Education Consulting Market is experiencing significant growth due to the increasing demand for private educational institutions to enhance their offerings and stay competitive. This market caters to various clients, including adult learners, private corporations, non-profit organizations, government departments, colleges, universities, and schools. The market focuses on workforce development programs, international programs, accessible learning platforms, and customized solutions for clients. Generation Z and the growing trend of remote learning methods have led to an increase in the demand for educational technologies, expertize in instructional design, teacher training, and assessment and evaluation. The Online platform segment, including virtual counseling systems and personalized course content, is particularly popular among smartphone users and those with high internet penetration. Consulting firms offer curriculum enhancement, assessment services, and consulting services to institutions, schools, and educators. The market also caters to K-12 Education Consulting, providing customized solutions for student engagement, course development, and assessment methods. The use of micro-credentials and digital badges as assessment methods is becoming increasingly popular, as is the integration of educational technology in offline and online learning environments.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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