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Education Consulting Market Is Anticipated To Reach USD 4.05 Billion, Grow At A CAGR Of 4.20% From 2023 To 2032

Jan 25, 2024 11:00 PM ET

Education Consulting Market Is Anticipated To Reach USD 4.05 Billion, Grow At A CAGR Of 4.20% From 2023 To 2032

Education Consulting Market Overview:

Education Consulting Market is projected to grow USD 4.05 Billion by 2032, at a CAGR of 4.20% from 2023 to 2032. The education consulting market refers to the industry that provides advisory services to educational institutions, organizations, and education technology companies. This market has seen steady growth in recent years, driven by rising demand for expertise to tackle challenges around student outcomes, digital transformation, talent development, and operational efficiency.

Key Players:

Some of the major players operating in the global education consulting market include,

  • Anglia Education Consulting Ltd.

  • Broils Consulting Group LLC

  • ClearView Consulting Co.

  • Colton Strawser Consulting LLC

  • Edmentum Inc.

  • Education Consulting Services LLC

  • Education Elements Inc.

  • EducationCounsel LLC

  • ELITE SCHOLARS OF CHINA

  • Generation Ready Inc.

  • Global Education Ltd.

 

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Market Segmentation:

The education consulting market can be segmented based on type, application, end-user, and region:

Type: Strategy Consulting, Operations Consulting, Policy Consulting, Technology Consulting, Talent Management Consulting, Other Consulting Services

Application: Student Retention, Budgeting & Financial Management, Technology Integration, Accessibility & Inclusion, Curriculum Design, Other Applications

End-User: Universities, Pre-K-12 Schools, Vocational Schools, Education Service Providers, Others

Region: North America, Europe, Asia Pacific, Middle East & Africa, South America

Market Drivers:

The key factors driving growth in the education consulting market include:

Growing emphasis on improving student outcomes: Educational institutions are partnering with consultants to identify and implement effective instruction methods and curriculum upgrades to enhance student success.

Rising adoption of education technology: There is increasing demand for guidance on integrating technology like AI, ML, analytics, online learning platforms into teaching and administration.

Need for operational efficiency: Consultants are being brought in to streamline operations, administration procedures, and ensure optimal utilization of resources.

Increasing stakeholders expectations: Governing authorities, students, and parents expect demonstrable uplifts across areas like student experience, value for money, graduate outcomes.

Market Opportunities:

Some major opportunities in the education consulting market include:

  • High potential in emerging economies with growing student enrollment and education budgets
  • Scope for personalized and customized consulting services using advanced technologies like AI, ML, and data analytics
  • Growing demand for consultants specializing in sustainability initiatives, DEI policy formulation, mental health/wellbeing
  • Newer service areas like simulation-based education, extended reality integration, and education metaverse hold strong promise

 

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Industry Latest News

  • In 2022, Accenture made 2 acquisitions – Kates Kesler and Experity – to expand its capabilities around education consulting focused on student career success.
  • Deloitte acquired Signal Vine in 2022 to boost its ability to support higher education institutions with text-based student engagement tools.
  • In 2023, McKinsey launched a new practice area “Play for Change” focused exclusively on addressing diversity, equity, and inclusion issues across youth sports and education.

 

Regional Insights

North America accounted for the largest share of the global education consulting market. Europe represents the second largest market. However, markets in APAC and Middle East are expected to witness the highest growth over the next 5 years owing to the rising emphasis of governments on education reforms and infrastructure upgrades.

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