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Testing & Educational Support in the US - Industry Market Research Report

  • November 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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Making the grade: Higher school enrollment will support demand amid cuts to education funding



Abstract

Testing & Educational Support in the US

The controversial No Child Left Behind Act has been an important driver of revenue for the Testing and Educational Support industry over the past decade, since industry operators play a prominent role in administering the assessments that ensure schools meet federal guidelines. Therefore, the industry will be heavily impacted over the next five years by potential education reforms and fluctuations in federal funding. However, college enrollment will continue to expand over the period, and international student growth will continue, driven by high demand from China and India. While tighter state budgets will limit unnecessary expenditure, underlying demand for support services will remain.

Operators in this industry provide noninstructional support services for education industries. The major segments of this industry are educational testing services and educational consultants. This industry does not include computer software designers that develop education support software; those operations are included in the IT Consulting industry (IBISWorld industry report 54151).

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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