Education Consulting Market Overview
Education Consulting Market Size was valued at USD 2.8 Billion in 2022. The Education Consulting Market industry is projected to grow from USD 2.9 Billion in 2023 to USD 4.05 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.20% during the forecast period (2023 - 2032). Digital learning innovations, including educational technologies, are poised to drive substantial growth in the education consulting market. These advancements are anticipated to revolutionize the landscape, enhancing educational experiences and outcomes, and are expected to be a significant market driver for the Education Consulting Market.
Figure1: Education Consulting Market, 2018 - 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Education Consulting Market Trends
Increasing demand for personalized learning and growing preference for digital interactions are driving the market growth
Market CAGR for Education Consulting is being driven by the increasing demand for personalized learning and growing preference for digital interactions. Online education consulting platforms offer users the opportunity to seek advice based on specific service details, including educational institution names, assignments, contact information, and more. Various vendors, including cutting-edge technologies like SCANTRON's EVAEXAM, are introducing solutions tailored to the preferences and policies of educational institutions, incorporating digital badging and micro-credentials into assessments.
The market is witnessing significant expansion, primarily driven by the increasing demand for personalized learning. The elimination of time and geographic constraints, facilitated by widespread smartphone and internet usage, has contributed to this growth. Companies leveraging e-learning report a 42 percent increase in revenue, and in 2021, 27 percent of European Union citizens aged 16 to 74 participated in online courses. The e-learning market exceeded $315 billion in 2021, with Massive Open Online Courses (MOOCs) reaching 220 million learners, a substantial increase from 300,000 in 2011. Digital educational consultancy services offer a convenient and efficient virtual counseling system, capitalizing on the growing preference for digital interactions and easy access to online information. The online platform market is further driven by universities adopting personalized course content, aligning with the rising demand for tailored education. As a result, the market is poised for expansion during the forecast period.
As a result, it is anticipated that throughout the projection period, demand for the Education Consulting Market will increase due to the increasing demand for personalized learning and growing preference for digital interactions. Thus, driving the Education Consulting Market revenue.
Education Consulting Market Segment Insights
Education Consulting Market Type Insights
The Global Education Consulting Market segmentation, based on Type includes K-12 and Higher education. The higher education segment dominated the market, accounting for 58% of market revenue (1.6 Billion). Higher education institutions are progressively expanding their global presence. With students worldwide considering study options in different countries, there is an emerging requirement for consulting services that offer insights into diverse international education systems, admission processes, and cultural intricacies. This demand underscores the need for strategic consulting in the education sector to cater to the evolving preferences and aspirations of a globally mobile student population.
Figure 2: Global Education Consulting Market, by Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Education Consulting Market Platform Insights
The Global Education Consulting Market segmentation, based on Platform includes Online and Offline. The online segment dominated the market, accounting for 58% of market revenue (1.6 Billion). With the widespread adoption of the Internet and an increasing number of smartphone users globally, digital educational consultancy services have effectively eliminated constraints related to time and geography. This digital platform offers a user-friendly and efficient system for virtual counseling. The heightened demand for virtual interactions and seamless access to online information stands out as key factors propelling the growth of the online platform segment in the education consulting business.
Education Consulting Market Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. The anticipated expansion of the Education Consulting market in North America can be attributed to several key factors. North America is a magnet for a considerable influx of international students pursuing educational opportunities. In the 2022/23 academic year, a noteworthy 1,057,188 international students, representing over 210 places of origin, enrolled in U.S. higher education institutions. This marked a substantial 12 percent increase compared to the previous academic year, constituting the fastest growth rate in over four decades. Education consultants play a pivotal role in aiding both domestic and international students, guiding them through intricate admission procedures, providing insights into educational systems, and facilitating a seamless transition into academic life in North America.
Further, the major countries studied in the market report are the US, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: GLOBAL EDUCATION CONSULTING MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe's Education Consulting Market accounts for the second-largest market share as Europe serves as a magnet for a substantial number of international students, drawn by its esteemed institutions and diverse cultural offerings. As of 2021, a notable 1.52 million students from abroad were enrolled in tertiary-level studies across the EU. Germany, specifically, hosted 376,400 international students, constituting 25% of all foreign tertiary education students within the EU. Following closely were France with a 17% share and the Netherlands with a 9% share. The role of education consultants is pivotal in aiding these international students through the admission process, facilitating cultural adaptation, and providing insights into the European education system. Further, the German Education Consulting Market held the largest market share, and the UK Education Consulting Market was the fastest-growing market in the European region
The Asia-Pacific Education Consulting Market is expected to grow at the fastest CAGR from 2023 to 2032. The Asia Pacific region has experienced a notable upswing in online learning, particularly influenced by recent global events that have disrupted traditional education models. Between 2021 and 2022, there was a remarkable 170% increase in enrollment for online education, while open and distance learning (ODL) witnessed a growth of 41.7%, reaching unprecedented levels in non-physical modes of education. In the academic year 2021-22, the enrollment for ODL in India surged to 20.3 lakh students, compared to 14.6 lakh in the previous year. Concurrently, the total number of students in online mode, including international students, expanded from 25,905 to 70,023 within the same timeframe. Recognizing this shift, education consultants play a pivotal role in assisting institutions in adapting to this trend by implementing effective online learning strategies and leveraging relevant technologies. Moreover, China’s Education Consulting Market held the largest market share, and the Indian Education Consulting Market was the fastest-growing market in the Asia-Pacific region.
Education Consulting Market Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development to expand their product lines, which will help the Education Consulting market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Education Consulting industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Education Consulting industry to benefit clients and increase the market sector. In recent years, the Education Consulting industry has offered some of the most significant advantages to educational institutions, students, and stakeholders involved in the learning ecosystem. Major players in the Education Consulting Market, including Anglia Education Consulting Ltd., Broils Consulting Group LLC, ClearView Consulting Co., Colton Strawser Consulting LLC, Credo, Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Education Counsel LLC, ELITE SCHOLARS OF CHINA, Generation Ready Inc., Global Education Ltd., Innovatech Solutions Inc., Insight Education Group Inc., Jinan Overseas are attempting to increase market demand by investing in research and development operations.
Broils Consulting Group (BCG), established in 2015, is a globally renowned firm founded by a former educator turned corporate executive, Wall Street business advisor, and C-Suite consultant. Specializing in proprietary professional learning solutions and expert consulting services, BCG serves individuals, K-12 organizations, government agencies, academic institutions, and global commercial clients. Acknowledged by Wall Street and industry experts, BCG is recognized as one of the top 25 leaders in the global education consulting markets, attributed to its exceptional performance, extensive expertise, and unwavering commitment to clients of all sizes.
Founded in 2011, Global Education Ltd. is an ISO 9001:2015 certified company, headquartered in Mumbai with an additional branch in Nagpur. As an educational service provider and expert consultancy firm, we boast a team of qualified professionals and industry experts, serving clients nationwide. Specializing in Business Management Consulting Services, Global Education advises over 36 major organizations and institutes, with over 83% of our work originating from existing clients and their referrals. Our success is reflected in the success of our clients, addressing crucial aspects such as branding, marketing, financial analysis, organization structuring, skill development, infrastructure development, and growth analysis in today's fast-paced and competitive business landscape.
Key companies in the Education Consulting Market include
-
Anglia Education Consulting Ltd.
-
Broils Consulting Group LLC
-
ClearView Consulting Co.
-
Colton Strawser Consulting LLC
-
Credo
-
Edmentum Inc.
-
Education Consulting Services LLC
-
Education Elements Inc.
-
EducationCounsel LLC
-
ELITE SCHOLARS OF CHINA
-
Generation Ready Inc.
-
Global Education Ltd.
-
Innovatech Solutions Inc.
-
Insight Education Group Inc.
-
Jinan Overseas
Education Consulting Industry Developments
In February 2024, Multiversity, a prominent Italian education organization with many learning facilities, introduced an artificial intelligence (AI) tool. This tool was developed utilizing OpenAI's generative AI (GenAI) technology and was established in collaboration with the consulting firm Bain & organization. The GenAI university assistant chatbot tool is specifically developed to augment the learning process for students enrolled in Multiversity's digital universities. It provides immediate study assistance, valuable insights, and additional features. The recently developed chatbot program demonstrated an accuracy rate over 99%, with responses duly confirmed by professors. The completion of its operating status is scheduled for September 2024. The introduction of this AI helper technology signifies a significant advancement in the online experiences of both students and academics. AI technologies, especially GenAI, have experienced significant growth in recent years. In its first year, ChatGPT attracted the highest number of new users compared to any other online service. Multiversity is the largest university and education group in Italy, and the second largest in Europe. The institutions under its jurisdiction include Pegaso University in Naples, Universitas Mercatorum in Rome, San Raffaele University Rome, and a specialized coding training center, among others.
Education Consulting Market Segmentation
Education Consulting Market Type Outlook
Education Consulting Market Platform Outlook
Education Consulting Market Regional Outlook
-
North America
-
Europe
-
Germany
-
France
-
UK
-
Italy
-
Spain
-
Rest of Europe
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Australia
-
Rest of Asia-Pacific
-
Rest of the World
-
Middle East
-
Africa
-
Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 2.8 Billion |
Market Size 2023 |
USD 2.9 Billion |
Market Size 2032 |
USD 4.05 Billion |
Compound Annual Growth Rate (CAGR) |
4.20% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Type, Platform, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Anglia Education Consulting Ltd., Broils Consulting Group LLC, ClearView Consulting Co., Colton Strawser Consulting LLC, Credo, Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Education Counsel LLC, ELITE SCHOLARS OF CHINA, Generation Ready Inc., Global Education Ltd., Innovatech Solutions Inc., Insight Education Group Inc., Jinan Overseas |
Key Market Opportunities |
Increasing number ofย job vacanciesย in the STEM industry |
Key Market Dynamics |
The rising demand for customized learning |
Frequently Asked Questions (FAQ) :
The Global Education Consulting Market size was valued at USD 2.8 Billion in 2022.
The Global Education Consulting Market is projected to grow at a CAGR of 4.20% during the forecast period, 2023-2032.
North America had the largest share of the global market
The key players in the market are Anglia Education Consulting Ltd., Broils Consulting Group LLC, ClearView Consulting Co., Colton Strawser Consulting LLC, Credo, Edmentum Inc., Education Consulting Services LLC, Education Elements Inc., Education Counsel LLC, ELITE SCHOLARS OF CHINA, Generation Ready Inc., Global Education Ltd., Innovatech Solutions Inc., Insight Education Group Inc., Jinan Overseas
The Higher education segment dominated the market in 2022.
The Online segment had the largest share of the global market.